During the last session, Veru Inc (NASDAQ:VERU)’s traded shares were 1.14 million, with the beta value of the company hitting -0.73. At the end of the trading day, the stock’s price was $0.53, reflecting an intraday gain of 2.30% or $0.01. The 52-week high for the VERU share is $1.92, that puts it down -262.26 from that peak though still a striking 15.09% gain since the share price plummeted to a 52-week low of $0.45. The company’s market capitalization is $77.49M, and the average intraday trading volume over the past 10 days was 1.11 million shares, and the average trade volume was 3.41 million shares over the past three months.
Veru Inc (VERU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.60. VERU has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 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 -0.05.
Veru Inc (NASDAQ:VERU) trade information
Veru Inc (VERU) registered a 2.30% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.30% in intraday trading to $0.53, hitting a weekly high. The stock’s 5-day price performance is 1.38%, and it has moved by 1.81% in 30 days. Based on these gigs, the overall price performance for the year is -5.46%. The short interest in Veru Inc (NASDAQ:VERU) is 14.01 million shares and it means that shorts have 8.91 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 86.75% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $5 respectively. As a result, VERU is trading at a discount of -843.4% off the target high and -466.04% off the low.
Veru Inc (VERU) estimates and forecasts
In the rating firms’ projections, revenue will decrease -100.00% compared to the previous financial year.
As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.14M and 3.95M respectively. In this case, analysts expect current quarter sales to shrink by -100.00% and then drop by -100.00% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -8.11%. While earnings are projected to return 19.29% in 2025, the next five years will return -2.89% per annum.
VERU Dividends
Veru Inc is due to release its next quarterly earnings on 2025-Feb-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 3.71%.
Veru Inc (NASDAQ:VERU)’s Major holders
Veru Inc insiders own 14.21% of total outstanding shares while institutional holders control 40.08%, with the float percentage being 46.72%. ADAGE CAPITAL PARTNERS GP, L.L.C. is the largest shareholder of the company, while 151.0 institutions own stock in it. As of 2024-06-30, the company held over 7.86 million shares (or 5.3702% of all shares), a total value of $6.61 million in shares.
The next largest institutional holding, with 7.65 million shares, is of BLACKROCK INC.’s that is approximately 5.2267% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.44 million.
Also, the Mutual Funds coming in first place with the largest holdings of Veru Inc (VERU) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 3.89 shares. This amounts to just over 2.66 percent of the company’s overall shares, with a $2.06 million market value. The same data shows that the other fund manager holds slightly less at 3.45, or about 2.36% of the stock, which is worth about $1.83 million.
