In the last trading session, 1.6 million Veru Inc (NASDAQ:VERU) shares changed hands as the company’s beta touched -0.54. With the company’s per share price at $0.76 changed hands at -$0.02 or -2.51% during last session, the market valuation stood at $111.57M. VERU’s last price was a discount, traded about -152.63% off its 52-week high of $1.92. The share price had its 52-week low at $0.36, which suggests the last value was 52.63% up since then. When we look at Veru Inc’s average trading volume, we note the 10-day average is 2.53 million shares, with the 3-month average coming to 1.26 million.
Analysts gave the Veru Inc (VERU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.25. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended VERU as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Veru Inc (NASDAQ:VERU) trade information
Instantly VERU was in red as seen at the end of in last trading. With action 3.35%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 17.17%, with the 5-day performance at 3.35% in the green. However, in the 30-day time frame, Veru Inc (NASDAQ:VERU) is 5.83% up. Looking at the short shares, we see there were 12.7 million shares sold at short interest cover period of 13.35 days.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need an upside of 81.0% from its current market value. According to analyst projections, VERU’s forecast low is 3 with 5 as the target high. To hit the forecast high, the stock’s price needs a -557.89% plunge from its current level, while the stock would need to soar -294.74% for it to hit the projected low.
Veru Inc (VERU) estimates and forecasts
Data shows that the Veru Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -19.52% over the past 6 months, a 3.45% in annual growth rate that is considerably lower than the industry average of 12.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -8.11%. The 2025 estimates are for Veru Inc earnings to increase by 6.25%.
VERU Dividends
Veru Inc is expected to release its next quarterly earnings report in February. During the past 5 years, the average dividend yield was 3.71 per year.
Veru Inc (NASDAQ:VERU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 14.10% of Veru Inc shares while 42.04% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 48.94%. There are 42.04% institutions holding the Veru Inc stock share, with ADAGE CAPITAL PARTNERS GP, L.L.C. the top institutional holder. As of 2024-06-30, the company held 5.3703% of the shares, roughly 7.86 million VERU shares worth $6.61 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.2267% or 7.65 million shares worth $6.44 million as of 2024-06-30.
