Verastem Inc (NASDAQ:VSTM) has a beta value of 0.56 and has seen 0.78 million shares traded in the recent trading session. The company, currently valued at $319.98M, closed the recent trade at $6.22 per share which meant it gained $0.19 on the day or 3.07% during that session. The VSTM stock price is -117.36% off its 52-week high price of $13.52 and 66.24% above the 52-week low of $2.10. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.72 million shares traded. The 3-month trading volume is 1.06 million shares.
The consensus among analysts is that Verastem Inc (VSTM) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.61.
Verastem Inc (NASDAQ:VSTM) trade information
Sporting 3.07% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the VSTM stock price touched $6.22 or saw a rise of 9.72%. Year-to-date, Verastem Inc shares have moved 20.21%, while the 5-day performance has seen it change -5.40%. Over the past 30 days, the shares of Verastem Inc (NASDAQ:VSTM) have changed 12.18%. Short interest in the company has seen 7.32 million shares shorted with days to cover at 8.68.
Wall Street analysts have a consensus price target for the stock at $14, which means that the shares’ value could jump 55.57% from the levels at last check today. The projected low price target is $14.0 while the price target rests at a high of $14.0. In that case, then, we find that the latest price level in today’s session is -125.08% off the targeted high while a plunge would see the stock gain -125.08% from the levels at last check today.
Verastem Inc (VSTM) estimates and forecasts
The company’s shares have gained 131.04% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 143.98%. 6 have an estimated revenue figure of 5.83M for the next ending quarter.
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 31.36% over the past 5 years. Earnings growth for 2025 is a modest 49.02% while over the next 5 years, the company’s earnings are expected to increase by 65.07%.
VSTM Dividends
Verastem Inc is expected to release its next earnings report on 2025-Mar-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Verastem Inc (NASDAQ:VSTM)’s Major holders
Insiders own 1.01% of the company shares, while shares held by institutions stand at 65.95% with a share float percentage of 66.62%. Investors are also buoyed by the number of investors in a company, with Verastem Inc having a total of 123.0 institutions that hold shares in the company. The top two institutional holders are BVF INC/IL with over 1.69 million shares worth more than $5.02 million. As of 2024-06-30, BVF INC/IL held 6.2739% of shares outstanding.
The other major institutional holder is SOLEUS CAPITAL MANAGEMENT, L.P., with the holding of over 1.66 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.95 million and represent 6.1848% 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 2.37% shares in the company for having 1.22 shares of worth $7.53 million while later fund manager owns 1.04 shares of worth $6.41 million as of Feb 28, 2025, which makes it owner of about 2.01% of company’s outstanding stock.
