In the last trading session, 2.02 million Veru Inc (NASDAQ:VERU) shares changed hands as the company’s beta touched -0.47. With the company’s per share price at $0.57 changed hands at -$0.02 or -2.88% during last session, the market valuation stood at $83.83M. VERU’s last price was a discount, traded about -236.84% off its 52-week high of $1.92. The share price had its 52-week low at $0.47, which suggests the last value was 17.54% up since then.
Analysts gave the Veru Inc (VERU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.60. 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 8.98%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -11.96%, with the 5-day performance at 8.98% in the green. However, in the 30-day time frame, Veru Inc (NASDAQ:VERU) is -44.93% down.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need an upside of 85.75% 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 -777.19% plunge from its current level, while the stock would need to soar -426.32% for it to hit the projected low.
Veru Inc (VERU) estimates and forecasts
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 19.29%, but the outlook for the next 5-year period is at -2.89% per year.
Veru Inc (NASDAQ:VERU)’s Major holders
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.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 3.89 shares estimated at $2.23 million under it, the former controlled 2.66% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.42% of the shares, roughly 3.54 shares worth around $2.03 million.
