During the last session, Verastem Inc (NASDAQ:VSTM)’s traded shares were 0.69 million, with the beta value of the company hitting 0.11. At the end of the trading day, the stock’s price was $4.00, reflecting an intraday gain of 1.78% or $0.07. The 52-week high for the VSTM share is $14.22, that puts it down -255.5 from that peak though still a striking 47.5% gain since the share price plummeted to a 52-week low of $2.10. The company’s market capitalization is $178.03M, and the average intraday trading volume over the past 10 days was 1.12 million shares, and the average trade volume was 817.10K shares over the past three months.

Verastem Inc (VSTM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. VSTM has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.74.

Verastem Inc (NASDAQ:VSTM) trade information

Verastem Inc (VSTM) registered a 1.78% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.78% in intraday trading to $4.00, hitting a weekly high. The stock’s 5-day price performance is 0.25%, and it has moved by 21.58% in 30 days. Based on these gigs, the overall price performance for the year is -37.79%. The short interest in Verastem Inc (NASDAQ:VSTM) is 2.46 million shares and it means that shorts have 2.31 day(s) to cover.

The consensus price target of analysts on Wall Street is $7, which implies an increase of 42.86% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $13 respectively. As a result, VSTM is trading at a discount of -225.0% off the target high and -25.0% off the low.

Verastem Inc (VSTM) estimates and forecasts

Statistics show that Verastem Inc has outperformed its competitors in share price, compared to the industry in which it operates. Verastem Inc (VSTM) shares have gone down -2.91% during the last six months, with a year-to-date growth rate more than the industry average at 20.20% against 17.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 33.03% this quarter and then jump 17.86% in the quarter after that.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 133.33k as predicted by 9 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 160k by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.76%. While earnings are projected to return 22.81% in 2024, the next five years will return 1.74% per annum.

VSTM Dividends

Verastem Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Verastem Inc (NASDAQ:VSTM)’s Major holders

Verastem Inc insiders own 0.83% of total outstanding shares while institutional holders control 59.92%, with the float percentage being 60.42%.

Also, the Mutual Funds coming in first place with the largest holdings of Verastem Inc (VSTM) shares are iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . Data provided on Sep 30, 2024 indicates that iShares Russell 2000 ETF owns about 911.64 shares. This amounts to just over 2.05 percent of the company’s overall shares, with a $3.65 million market value. The same data shows that the other fund manager holds slightly less at 797.15, or about 1.79% of the stock, which is worth about $3.19 million.