In recent trading session, Veru Inc (NASDAQ:VERU) saw 0.58 million shares changing hands at last check today with its beta currently measuring -0.52. Company’s recent per share price level of $0.76 trading at $0.03 or 5.25% at last check today assigns it a market valuation of $111.85M. That most recent trading price of VERU’s stock is at a discount of -152.63% from its 52-week high price of $1.92 and is indicating a premium of 52.63% from its 52-week low price of $0.36. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.18 million shares which gives us an average trading volume of 1.20 million if we extend that period to 3-months.
For Veru Inc (VERU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.25. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.08 in the current quarter.
Veru Inc (NASDAQ:VERU) trade information
Upright in the green today for gaining 5.25%, in the last five days VERU remained trading in the green while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $0.76 price level, adding 9.45% to its value on the day. Veru Inc’s shares saw a change of 17.46% in year-to-date performance and have moved 17.23% in past 5-day. Veru Inc (NASDAQ:VERU) showed a performance of 9.25% in past 30-days. Number of shares sold short was 12.7 million shares which calculate 13.35 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 81.0% to its recent value today. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -294.74% in reaching the projected high whereas dropping to the targeted low would mean a loss of -294.74% for stock’s current value.
Veru Inc (VERU) estimates and forecasts
Statistics highlight that Veru Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -17.96% of value to its shares in past 6 months, showing an annual growth rate of 3.45% while that of industry is 12.20. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -83.42% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.02M for the same. Company posted 2.14M and 4.14M 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 -8.11% during past 5 years.
Veru Inc (NASDAQ:VERU)’s Major holders
Insiders are in possession of 14.10% of company’s total shares while institution are holding 42.04 percent of that, with stock having share float percentage of 48.94%. Investors also watch the number of corporate investors in a company very closely, which is 42.04% institutions for Veru Inc that are currently holding shares of the company. ADAGE CAPITAL PARTNERS GP, L.L.C. is the top institutional holder at VERU for having 7.86 million shares of worth $6.61 million. And as of 2024-06-30, it was holding 5.3703 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 7.65 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.2267 of outstanding shares, having a total worth of $6.44 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 3.89 shares of worth $2.96 million or 2.66% of the total outstanding shares. The later fund manager was in possession of 3.26 shares on Oct 31, 2024, making its stake of worth around $2.49 million in the company or a holder of 2.23% of company’s stock.