As of close of business last night, Veru Inc’s stock clocked out at $1.17, up 13.59% from its previous closing price of $1.03. In other words, the price has increased by $+0.1400 from its previous closing price. On the day, 6163830 shares were traded.
Ratios:
To gain a deeper understanding of VERU’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.79 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on March 28, 2024, initiated with a Outperform rating and assigned the stock a target price of $3.
On June 07, 2023, Jefferies Upgraded its rating to Hold which previously was Underperform but kept the price unchanged to $1.
On April 13, 2021, Jefferies started tracking the stock assigning a Buy rating and target price of $19.Jefferies initiated its Buy rating on April 13, 2021, with a $19 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VERU now has a Market Capitalization of 171.27M and an Enterprise Value of 144.90M. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.75 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 9.10 whereas that against EBITDA is -2.41.
Stock Price History:
Over the past 52 weeks, VERU has reached a high of $1.52, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 0.5986, while the 200-Day Moving Average is calculated to be 0.8507.
Shares Statistics:
It appears that VERU traded 1.92M shares on average per day over the past three months and 2.95M shares per day over the past ten days. A total of 146.38M shares are outstanding, with a floating share count of 125.73M. Insiders hold about 14.11% of the company’s shares, while institutions hold 40.81% stake in the company. Shares short for VERU as of Mar 15, 2024 were 9.5M with a Short Ratio of 4.95, compared to 10.18M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.49% and a Short% of Float of 7.26%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.71.
Earnings Estimates
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.13, while EPS last year was -$0.48. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.05 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.21 and -$0.46 for the fiscal current year, implying an average EPS of -$0.32. EPS for the following year is -$0.34, with 2 analysts recommending between -$0.29 and -$0.39.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for VERU’s current fiscal year. The highest revenue estimate was $29M, while the lowest revenue estimate was $11.6M, resulting in an average revenue estimate of $18.33M. In the same quarter a year ago, actual revenue was $16.3M, up 12.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $10M in the next fiscal year. The high estimate is $10M and the low estimate is $10M. The average revenue growth estimate for next year is down -45.40% from the average revenue estimate for this year.
