In today’s recent session, 32.87 million shares of the Veru Inc (NASDAQ:VERU) have been traded, and its beta is -0.79. Most recently the company’s share price was $0.65, and it changed around $0.14 or 27.72% from the last close, which brings the market valuation of the company to $95.29M. VERU at last check was trading at a discount to its 52-week high of $1.42, offering almost -118.46% off that amount. The share price’s 52-week low was $0.45, which indicates that the recent value has risen by an impressive 30.77% since then. We note from Veru Inc’s average daily trading volume that its 10-day average is 0.9 million shares, with the 3-month average coming to 1.38 million.
Veru Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended VERU as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Veru Inc is expected to report earnings per share of -0.05 for the current quarter.
Veru Inc (NASDAQ:VERU) trade information
Instantly VERU has been showing a green trend so far today with a performance of 27.72% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.6600 on recent trading dayincreased the stock’s daily price by 1.52%. The company’s shares are currently down -0.06% year-to-date, but still up 27.50% over the last five days. On the other hand, Veru Inc (NASDAQ:VERU) is 24.09% up in the 30-day period. We can see from the shorts that 14.95 million shares have been sold at a short interest cover period of 8.05 day(s).
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to increase their stock price by 83.75% from its current value. Analyst projections state that VERU is forecast to be at a low of $3 and a high of $5.
Veru Inc (VERU) estimates and forecasts
The year-over-year growth rate is expected to be -100.00%, down from the previous year.
The company’s sales for the same quarters a year ago were 3.95M and 6.66M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -100.00%. Forecasts for the next quarter put sales growth at -100.00%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -8.11%.
VERU Dividends
Veru Inc’s next quarterly earnings report is expected to be released on 2025-May-07. The average dividend yield for the past five years averaged 3.71 per year.
Veru Inc (NASDAQ:VERU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 14.19% of Veru Inc shares, and 33.06% of them are in the hands of institutional investors. The stock currently has a share float of 38.53%. Veru Inc stock is held by 160.0 institutions, with ADAGE CAPITAL PARTNERS GP, L.L.C. being the largest institutional investor. By 2024-06-30, it held 5.3702% of the shares, which is about 7.86 million shares worth $6.61 million.
BLACKROCK INC., with 5.2267% or 7.65 million shares worth $6.44 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 Dec 31, 2024 . The former held 3.89 shares worth $2.3 million, making up 2.65% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 3.83 shares worth around $2.26 million, which represents about 2.61% of the total shares outstanding.
