Venus Concept Inc (VERO) Short-Term Forecasts And Estimates

Venus Concept Inc (NASDAQ:VERO) has a beta value of 0.59 and has seen 2.62 million shares traded in the last trading session. The company, currently valued at $2.65M, closed the last trade at $0.32 per share which meant it gained $0.03 on the day or 12.15% during that session. The VERO stock price is -590.62% off its 52-week high price of $2.21 and 12.5% above the 52-week low of $0.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.56 million shares traded. The 3-month trading volume is 1.70 million shares.

The consensus among analysts is that Venus Concept Inc (VERO) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.92.

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Venus Concept Inc (NASDAQ:VERO) trade information

Sporting 12.15% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VERO stock price touched $0.32 or saw a rise of 4.16%. Year-to-date, Venus Concept Inc shares have moved -72.46%, while the 5-day performance has seen it change 6.56%. Over the past 30 days, the shares of Venus Concept Inc (NASDAQ:VERO) have changed -32.15%. Short interest in the company has seen 1.45 million shares shorted with days to cover at 0.69.

Venus Concept Inc (VERO) estimates and forecasts

Figures show that Venus Concept Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -38.79% over the past 6 months, with this year growth rate of 0.58%, compared to 15.40% for the industry. Revenue growth from the last financial year stood is estimated to be -13.23%.

3 analysts offering their estimates for the company have set an average revenue estimate of 17.21M for the current quarter. 3 have an estimated revenue figure of 16.27M for the next ending quarter. Year-ago sales stood 18.13M and 17.48M respectively for this quarter and the next, and analysts expect sales will shrink by -5.08% for the current quarter and -13.23% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 60.49% over the past 5 years.

VERO Dividends

Venus Concept Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Venus Concept Inc (NASDAQ:VERO)’s Major holders

Insiders own 6.08% of the company shares, while shares held by institutions stand at 27.03% with a share float percentage of 28.78%. Investors are also buoyed by the number of investors in a company, with Venus Concept Inc having a total of 20.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . As of Jun 30, 2024 , the former fund manager holds about 0.45% shares in the company for having 32.44 shares of worth $10542.0 while later fund manager owns 23.38 shares of worth $7597.0 as of Sep 30, 2024 , which makes it owner of about 0.32% of company’s outstanding stock.