In the last trading session, 2.98 million Verastem Inc (NASDAQ:VSTM) shares changed hands as the company’s beta touched 0.85. With the company’s per share price at $6.97 changed hands at -$0.02 or -0.29% during last session, the market valuation stood at $358.89M. VSTM’s last price was a discount, traded about -93.97% off its 52-week high of $13.52. The share price had its 52-week low at $2.10, which suggests the last value was 69.87% up since then. When we look at Verastem Inc’s average trading volume, we note the 10-day average is 1.44 million shares, with the 3-month average coming to 866.86K.
Analysts gave the Verastem Inc (VSTM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended VSTM as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Verastem Inc’s EPS for the current quarter is expected to be -0.77.
Verastem Inc (NASDAQ:VSTM) trade information
Instantly VSTM was in red as seen at the end of in last trading. With action -0.99%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 34.82%, with the 5-day performance at -0.99% in the red. However, in the 30-day time frame, Verastem Inc (NASDAQ:VSTM) is 12.60% up. Looking at the short shares, we see there were 8.82 million shares sold at short interest cover period of 10.46 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 41.92% from its current market value. According to analyst projections, VSTM’s forecast low is 10 with 14 as the target high. To hit the forecast high, the stock’s price needs a -100.86% plunge from its current level, while the stock would need to soar -43.47% for it to hit the projected low.
Verastem Inc (VSTM) estimates and forecasts
Year-over-year growth is forecast to reach 58.09% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 100k. 8 analysts are of the opinion that Verastem Inc’s revenue for the current quarter will be 4.7M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at -53.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 31.36%. The 2025 estimates are for Verastem Inc earnings to increase by 34.88%, but the outlook for the next 5-year period is at 45.32% per year.
VSTM Dividends
Verastem Inc is expected to release its next quarterly earnings report on 2025-Mar-19.
Verastem Inc (NASDAQ:VSTM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.61% of Verastem Inc shares while 65.92% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 66.33%. There are 65.92% institutions holding the Verastem Inc stock share, with BVF INC/IL the top institutional holder. As of 2024-06-30, the company held 6.2739% of the shares, roughly 1.69 million VSTM shares worth $5.02 million.
SOLEUS CAPITAL MANAGEMENT, L.P. holds the second largest percentage of outstanding shares, with 6.1848% or 1.66 million shares worth $4.95 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 1.22 shares estimated at $8.49 million under it, the former controlled 2.37% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.99% of the shares, roughly 1.03 shares worth around $7.15 million.
