During the last session, Verastem Inc (NASDAQ:VSTM)’s traded shares were 0.41 million, with the beta value of the company hitting 0.59. At the end of the trading day, the stock’s price was $5.97, reflecting an intraday loss of -2.29% or -$0.14. The 52-week high for the VSTM share is $13.82, that puts it down -131.49 from that peak though still a striking 64.82% gain since the share price plummeted to a 52-week low of $2.10. The company’s market capitalization is $265.70M, and the average intraday trading volume over the past 10 days was 0.56 million shares, and the average trade volume was 1.44 million shares over the past three months.
Verastem Inc (VSTM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. VSTM has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.74.
Verastem Inc (NASDAQ:VSTM) trade information
Verastem Inc (VSTM) registered a -2.29% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.29% in intraday trading to $5.97, hitting a weekly high. The stock’s 5-day price performance is 3.11%, and it has moved by 12.43% in 30 days. Based on these gigs, the overall price performance for the year is -49.15%. The short interest in Verastem Inc (NASDAQ:VSTM) is 5.24 million shares and it means that shorts have 2.22 day(s) to cover.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 14.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $13 respectively. As a result, VSTM is trading at a discount of -117.76% off the target high and 16.25% off the low.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 150k as predicted by 8 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 266.67k by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.76%. While earnings are projected to return 23.45% in 2025, the next five years will return 26.63% per annum.
VSTM Dividends
Verastem Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Verastem Inc (NASDAQ:VSTM)’s Major holders
Verastem Inc insiders own 1.17% of total outstanding shares while institutional holders control 67.63%, with the float percentage being 68.43%.
Also, the Mutual Funds coming in first place with the largest holdings of Verastem Inc (VSTM) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.22 shares. This amounts to just over 2.74 percent of the company’s overall shares, with a $7.28 million market value. The same data shows that the other fund manager holds slightly less at 978.19, or about 2.20% of the stock, which is worth about $5.84 million.
