In last trading session, Verrica Pharmaceuticals Inc (NASDAQ:VRCA) saw 1.86 million shares changing hands with its beta currently measuring 1.37. Company’s recent per share price level of $1.24 trading at $0.13 or 11.71% at ring of the bell on the day assigns it a market valuation of $125.45M. That closing price of VRCA’s stock is at a discount of -820.16% from its 52-week high price of $11.41 and is indicating a premium of 43.55% from its 52-week low price of $0.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.87 million shares which gives us an average trading volume of 959.41K if we extend that period to 3-months.
For Verrica Pharmaceuticals Inc (VRCA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.60. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.3 in the current quarter.
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Verrica Pharmaceuticals Inc (NASDAQ:VRCA) trade information
Upright in the green during last session for gaining 11.71%, in the last five days VRCA remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $1.24 price level, adding 8.82% to its value on the day. Verrica Pharmaceuticals Inc’s shares saw a change of -83.06% in year-to-date performance and have moved 39.73% in past 5-day. Verrica Pharmaceuticals Inc (NASDAQ:VRCA) showed a performance of -26.19% in past 30-days. Number of shares sold short was 4.51 million shares which calculate 6.33 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 89.67% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would drop -706.45% in reaching the projected high whereas dropping to the targeted low would mean a loss of -706.45% for stock’s current value.
Verrica Pharmaceuticals Inc (VRCA) estimates and forecasts
Statistics highlight that Verrica Pharmaceuticals Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -85.11% of value to its shares in past 6 months, showing an annual growth rate of -24.56% while that of industry is 16.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 51.13% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 710.33k for the same. And 2 analysts are in estimates of company making revenue of 2.11M in the next quarter. Company posted 1.99M and 3.83M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.97% during past 5 years.
Verrica Pharmaceuticals Inc (NASDAQ:VRCA)’s Major holders
Insiders are in possession of 43.73% of company’s total shares while institution are holding 16.50 percent of that, with stock having share float percentage of 29.32%. Investors also watch the number of corporate investors in a company very closely, which is 16.50% institutions for Verrica Pharmaceuticals Inc that are currently holding shares of the company. PERCEPTIVE ADVISORS LLC is the top institutional holder at VRCA for having 7.1 million shares of worth $51.75 million. And as of 2024-06-30, it was holding 15.2724 of the company’s outstanding shares.
The second largest institutional holder is AVORO CAPITAL ADVISORS LLC, which was holding about 4.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.6052 of outstanding shares, having a total worth of $29.16 million.
On the other hand, Vanguard Total Stock Market Index Fund and Fidelity Select Portfolios – Biotechnology are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 815.89 shares of worth $1.01 million or 1.79% of the total outstanding shares. The later fund manager was in possession of 629.87 shares on Sep 30, 2024 , making its stake of worth around $0.78 million in the company or a holder of 1.38% of company’s stock.
