During the last session, Verastem Inc (NASDAQ:VSTM)’s traded shares were 0.81 million, with the beta value of the company hitting 0.52. At the end of the trading day, the stock’s price was $6.19, reflecting an intraday loss of -8.02% or -$0.54. The 52-week high for the VSTM share is $13.52, that puts it down -118.42 from that peak though still a striking 66.07% gain since the share price plummeted to a 52-week low of $2.10. The company’s market capitalization is $318.71M, and the average intraday trading volume over the past 10 days was 0.67 million shares, and the average trade volume was 1.34 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 -0.61.
Verastem Inc (NASDAQ:VSTM) trade information
Verastem Inc (VSTM) registered a -8.02% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -8.02% in intraday trading to $6.19, hitting a weekly high. The stock’s 5-day price performance is -6.92%, and it has moved by 14.00% in 30 days. Based on these gigs, the overall price performance for the year is -46.59%. The short interest in Verastem Inc (NASDAQ:VSTM) is 7.32 million shares and it means that shorts have 8.68 day(s) to cover.
The consensus price target of analysts on Wall Street is $14, which implies an increase of 55.79% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $14 and $14 respectively. As a result, VSTM is trading at a discount of -126.17% off the target high and -126.17% off the low.
Verastem Inc (VSTM) estimates and forecasts
In the rating firms’ projections, revenue will increase 143.98% compared to the previous financial year.
Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 5.83M 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 31.36%. While earnings are projected to return 49.02% in 2025, the next five years will return 65.07% per annum.
VSTM Dividends
Verastem Inc is due to release its next quarterly earnings on 2025-Mar-19. 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 1.01% of total outstanding shares while institutional holders control 65.95%, with the float percentage being 66.62%. BVF INC/IL is the largest shareholder of the company, while 124.0 institutions own stock in it. As of 2024-06-30, the company held over 1.69 million shares (or 6.2739% of all shares), a total value of $5.02 million in shares.
The next largest institutional holding, with 1.66 million shares, is of SOLEUS CAPITAL MANAGEMENT, L.P.’s that is approximately 6.1848% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.95 million.
Also, the Mutual Funds coming in first place with the largest holdings of Verastem Inc (VSTM) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.22 shares. This amounts to just over 2.37 percent of the company’s overall shares, with a $7.54 million market value. The same data shows that the other fund manager holds slightly less at 1.04, or about 2.01% of the stock, which is worth about $6.42 million.
