Vaxart Inc (NASDAQ:VXRT) has a beta value of 0.82 and has seen 1.71 million shares traded in the recent trading session. The company, currently valued at $243.45M, closed the recent trade at $0.92 per share which meant it gained $0.08 on the day or 9.68% during that session. The VXRT stock price is -67.39% off its 52-week high price of $1.54 and 43.48% above the 52-week low of $0.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.85 million shares traded. The 3-month trading volume is 1.56 million shares.
The consensus among analysts is that Vaxart Inc (VXRT) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 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 -0.11.
Vaxart Inc (NASDAQ:VXRT) trade information
Sporting 9.68% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VXRT stock price touched $0.92 or saw a rise of 2.02%. Year-to-date, Vaxart Inc shares have moved 38.73%, while the 5-day performance has seen it change 25.68%. Over the past 30 days, the shares of Vaxart Inc (NASDAQ:VXRT) have changed 61.20%. Short interest in the company has seen 11.27 million shares shorted with days to cover at 11.71.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could jump 54.0% from the levels at last check today. The projected low price target is $2.0 while the price target rests at a high of $2.0. In that case, then, we find that the latest price level in today’s session is -117.39% off the targeted high while a plunge would see the stock gain -117.39% from the levels at last check today.
Vaxart Inc (VXRT) estimates and forecasts
Figures show that Vaxart Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 47.46% over the past 6 months, with this year growth rate of 31.58%, compared to 16.60% for the industry. Revenue growth from the last financial year stood is estimated to be 364.62%.
4 analysts offering their estimates for the company have set an average revenue estimate of 15.68M for the current quarter. 3 have an estimated revenue figure of 8.32M for the next ending quarter. Year-ago sales stood 3.25M and 2.18M respectively for this quarter and the next, and analysts expect sales will grow by 383.34% for the current quarter and 364.62% 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 27.81% over the past 5 years.
VXRT Dividends
Vaxart Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Vaxart Inc (NASDAQ:VXRT)’s Major holders
Insiders own 0.87% of the company shares, while shares held by institutions stand at 17.80% with a share float percentage of 17.96%. Investors are also buoyed by the number of investors in a company, with Vaxart Inc having a total of 119.0 institutions that hold shares in the company. The top two institutional holders are HERITAGE WEALTH ADVISORS with over 21780.0 shares worth more than $14534.0. As of 2024-06-30, HERITAGE WEALTH ADVISORS held 9.5756% of shares outstanding.
The other major institutional holder is SIO CAPITAL MANAGEMENT, LLC, with the holding of over 14.76 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.85 million and represent 8.7465% of shares outstanding.
