In today’s recent session, 0.43 million shares of the Verastem Inc (NASDAQ:VSTM) have been traded, and its beta is 0.60. Most recently the company’s share price was $5.94, and it changed around $0.04 or 0.69% from the last close, which brings the market valuation of the company to $264.41M. VSTM at last check was trading at a discount to its 52-week high of $13.52, offering almost -127.61% off that amount. The share price’s 52-week low was $2.10, which indicates that the recent value has risen by an impressive 64.65% since then.
Verastem 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 8 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended VSTM as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Verastem Inc is expected to report earnings per share of -0.74 for the current quarter.
Verastem Inc (NASDAQ:VSTM) trade information
Instantly VSTM has been showing a green trend so far today with a performance of 0.69% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.06 on recent trading dayincreased the stock’s daily price by 1.98%. The company’s shares are currently up 14.91% year-to-date, but still up 9.81% over the last five days. On the other hand, Verastem Inc (NASDAQ:VSTM) is 4.04% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 15.14% from its current value. Analyst projections state that VSTM is forecast to be at a low of $5 and a high of $13.
Verastem Inc (VSTM) estimates and forecasts
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 150k in revenue for the current quarter. 3 analysts expect Verastem Inc to make 266.67k in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 0.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 24.76%. Verastem Inc earnings are expected to increase by 23.45% in 2025, but the outlook is positive 26.63% per year for the next five years.
Verastem Inc (NASDAQ:VSTM)’s Major holders
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 1.22 shares worth $7.29 million, making up 2.74% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 1.0 shares worth around $6.01 million, which represents about 2.26% of the total shares outstanding.
