In the last trading session, 2.17 million shares of the Verastem Inc (NASDAQ:VSTM) were traded, and its beta was 0.80. Most recently the company’s share price was $4.69, and it changed around -$0.11 or -2.29% from the last close, which brings the market valuation of the company to $257.72M. VSTM currently trades at a discount to its 52-week high of $9.10, offering almost -94.03% off that amount. The share price’s 52-week low was $2.10, which indicates that the current value has risen by an impressive 55.22% since then. We note from Verastem Inc’s average daily trading volume that its 10-day average is 3.06 million shares, with the 3-month average coming to 2.10 million.
Verastem Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended VSTM as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Verastem Inc is expected to report earnings per share of -0.75 for the current quarter.
Verastem Inc (NASDAQ:VSTM) trade information
Instantly VSTM has showed a red trend with a performance of -2.29% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.06 on recent trading dayincreased the stock’s daily price by 7.31%. The company’s shares are currently up 59.80% year-to-date, but still up 13.01% over the last five days. On the other hand, Verastem Inc (NASDAQ:VSTM) is -23.99% down in the 30-day period. We can see from the shorts that 12.18 million shares have been sold at a short interest cover period of 5.15 day(s).
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 60.92% from its current value. Analyst projections state that VSTM is forecast to be at a low of $10 and a high of $14.
Verastem Inc (VSTM) estimates and forecasts
The year-over-year growth rate is expected to be 137.42%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 6.23M in revenue for the current quarter. 8 analysts expect Verastem Inc to make 7.73M in revenue for the current ending quarter. Analysts predict that the company’s current quarter sales will drop, forecast at -37.74%. Forecasts for the next quarter put sales growth at 0.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 31.36%. Verastem Inc earnings are expected to increase by 21.07% in 2025, but the outlook is positive 27.29% per year for the next five years.
VSTM Dividends
Verastem Inc’s next quarterly earnings report is expected to be released on 2025-May-13.
Verastem Inc (NASDAQ:VSTM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.92% of Verastem Inc shares, and 78.87% of them are in the hands of institutional investors. The stock currently has a share float of 79.60%. Verastem Inc stock is held by 134.0 institutions, with BVF INC/IL being the largest institutional investor. By 2024-06-30, it held 6.2739% of the shares, which is about 1.69 million shares worth $5.02 million.
SOLEUS CAPITAL MANAGEMENT, L.P., with 6.1848% or 1.66 million shares worth $4.95 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 1.4 shares worth $6.57 million, making up 2.55% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 973.97 shares worth around $4.57 million, which represents about 1.77% of the total shares outstanding.
