In the last trading session, 1.36 million shares of the Vaxart Inc (NASDAQ:VXRT) were traded, and its beta was 1.65. Most recently the company’s share price was $0.71, and it changed around $0.02 or 3.27% from the last close, which brings the market valuation of the company to $162.44M. VXRT currently trades at a discount to its 52-week high of $1.54, offering almost -116.9% off that amount. The share price’s 52-week low was $0.52, which indicates that the current value has risen by an impressive 26.76% since then. We note from Vaxart Inc’s average daily trading volume that its 10-day average is 1.2 million shares, with the 3-month average coming to 1.81 million.
Vaxart Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended VXRT as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Vaxart Inc is expected to report earnings per share of -0.11 for the current quarter.
Vaxart Inc (NASDAQ:VXRT) trade information
Instantly VXRT has showed a green trend with a performance of 3.27% at the end of last trading. The rise to weekly highs of 0.7790 on recent trading dayincreased the stock’s daily price by 8.86%. On the other hand, Vaxart Inc (NASDAQ:VXRT) is -9.58% down in the 30-day period. We can see from the shorts that 11.27 million shares have been sold at a short interest cover period of 11.71 day(s).
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to increase their stock price by 64.5% from its current value. Analyst projections state that VXRT is forecast to be at a low of $2 and a high of $2.
Vaxart Inc (VXRT) estimates and forecasts
The year-over-year growth rate is expected to be 364.83%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 15.68M in revenue for the current quarter. 3 analysts expect Vaxart Inc to make 8.33M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.25M and 2.18M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 383.05%. Forecasts for the next quarter put sales growth at 282.09%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 27.81%. Vaxart Inc earnings are expected to increase by 32.16% in 2025, but the outlook is positive 8.97% per year for the next five years.
VXRT Dividends
Vaxart Inc’s next quarterly earnings report is expected to be released in March.
Vaxart Inc (NASDAQ:VXRT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.87% of Vaxart Inc shares, and 17.80% of them are in the hands of institutional investors. The stock currently has a share float of 17.96%. Vaxart Inc stock is held by 119.0 institutions, with SIO CAPITAL MANAGEMENT, LLC being the largest institutional investor. By 2024-06-30, it held 7.9939% of the shares, which is about 14.76 million shares worth $9.85 million.
VANGUARD GROUP INC, with 5.3875% or 9.95 million shares worth $6.64 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
