Vir Biotechnology Inc (NASDAQ: VIR) Is Likely To Grow By 78.96% Or More

During the last session, Vir Biotechnology Inc (NASDAQ:VIR)’s traded shares were 2.06 million, with the beta value of the company hitting 1.18. The 52-week high for the VIR share is $14.45, that puts it down -143.68 from that peak though still a striking 27.15% gain since the share price plummeted to a 52-week low of $4.32. The company’s market capitalization is $819.75M, and the average intraday trading volume over the past 10 days was 1.21 million shares, and the average trade volume was 1.26 million shares over the past three months.

Vir Biotechnology Inc (VIR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.38. VIR has a Sell rating from 0 analyst(s) out of 10 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it.

Vir Biotechnology Inc (NASDAQ:VIR) trade information

The stock’s 5-day price performance is 9.21%, and it has moved by 9.21% in 30 days. Based on these gigs, the overall price performance for the year is -19.21%. The short interest in Vir Biotechnology Inc (NASDAQ:VIR) is 11.37 million shares and it means that shorts have 7.84 day(s) to cover.

The consensus price target of analysts on Wall Street is $28.19, which implies an increase of 78.96% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $20 and $35 respectively. As a result, VIR is trading at a discount of -490.22% off the target high and -237.27% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.74%. While earnings are projected to return 19.20% in 2025, the next five years will return 10.77% per annum.

VIR Dividends

Vir Biotechnology Inc is due to release its next quarterly earnings on 2025-May-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Vir Biotechnology Inc (NASDAQ:VIR)’s Major holders

Vir Biotechnology Inc insiders own 10.59% of total outstanding shares while institutional holders control 79.05%, with the float percentage being 88.41%. SB INVESTMENT ADVISERS (UK) LTD is the largest shareholder of the company, while 329.0 institutions own stock in it. As of 2024-06-30, the company held over 16.68 million shares (or 12.2466% of all shares), a total value of $148.49 million in shares.

The next largest institutional holding, with 16.43 million shares, is of BLACKROCK INC.’s that is approximately 12.0632% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $146.26 million.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.