Veru Inc (NASDAQ:VERU) has a beta value of -0.68 and has seen 7.26 million shares traded in the recent trading session. The company, currently valued at $88.53M, closed the recent trade at $0.60 per share which meant it gained $0.11 on the day or 23.40% during that session. The VERU stock price is -220.0% off its 52-week high price of $1.92 and 25.0% above the 52-week low of $0.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.24 million shares traded. The 3-month trading volume is 3.34 million shares.
The consensus among analysts is that Veru Inc (VERU) is Buy stock at the moment, with a recommendation rating of 1.60. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.05.
Veru Inc (NASDAQ:VERU) trade information
Sporting 23.40% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VERU stock price touched $0.60 or saw a rise of 3.23%. Year-to-date, Veru Inc shares have moved -7.03%, while the 5-day performance has seen it change 16.87%. Over the past 30 days, the shares of Veru Inc (NASDAQ:VERU) have changed 20.65%. Short interest in the company has seen 14.01 million shares shorted with days to cover at 8.91.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 85.0% from the levels at last check today. The projected low price target is $3.0 while the price target rests at a high of $5.0. In that case, then, we find that the latest price level in today’s session is -733.33% off the targeted high while a plunge would see the stock gain -400.0% from the levels at last check today.
Veru Inc (VERU) estimates and forecasts
The company’s shares have lost -21.74% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -100.00%. Year-ago sales stood 4.14M and 3.95M respectively for this quarter and the next, and analysts expect sales will shrink by -100.00% for the current quarter and -100.00% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.11% over the past 5 years. Earnings growth for 2025 is a modest 19.29% while over the next 5 years, the company’s earnings are expected to decrease by -2.89%.
VERU Dividends
Veru Inc is expected to release its next earnings report on 2025-Feb-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Veru Inc (NASDAQ:VERU)’s Major holders
Insiders own 14.21% of the company shares, while shares held by institutions stand at 40.10% with a share float percentage of 46.74%. Investors are also buoyed by the number of investors in a company, with Veru Inc having a total of 152.0 institutions that hold shares in the company. The top two institutional holders are ADAGE CAPITAL PARTNERS GP, L.L.C. with over 7.86 million shares worth more than $6.61 million. As of 2024-06-30, ADAGE CAPITAL PARTNERS GP, L.L.C. held 5.3702% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 7.65 million shares as of 2024-06-30. The firm’s total holdings are worth over $6.44 million and represent 5.2267% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. As of Dec 31, 2024, the former fund manager holds about 2.66% shares in the company for having 3.89 shares of worth $2.49 million while later fund manager owns 3.71 shares of worth $2.37 million as of Feb 28, 2025, which makes it owner of about 2.53% of company’s outstanding stock.
