Market Watch: Venus Concept Inc (VERO)’s Noteworthy Drop, Closing at 0.38

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As of close of business last night, Venus Concept Inc’s stock clocked out at $0.38, down -17.21% from its previous closing price of $0.46. In other words, the price has decreased by -$17.21 from its previous closing price. On the day, 0.14 million shares were traded. VERO stock price reached its highest trading level at $0.459 during the session, while it also had its lowest trading level at $0.38.

Ratios:

To gain a deeper understanding of VERO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 3.79 whereas as Long-Term Debt/Eq ratio is at 3.20.

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, Stifel on December 09, 2020, initiated with a Hold rating and assigned the stock a target price of $2.50.

On October 20, 2020, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $6.

On July 06, 2020, BTIG Research started tracking the stock assigning a Buy rating and target price of $7.BTIG Research initiated its Buy rating on July 06, 2020, with a $7 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 03 ’24 when Natale Anthony sold 42,768 shares for $0.31 per share. The transaction valued at 13,194 led to the insider holds 0 shares of the business.

Masters Michael Willingham sold 140,214 shares of VERO for $83,455 on Oct 01 ’24. The 10% Owner now owns 19,203 shares after completing the transaction at $0.60 per share. On Oct 02 ’24, another insider, Masters Michael Willingham, who serves as the 10% Owner of the company, sold 94,553 shares for $0.53 each. As a result, the insider received 50,160 and left with 17,059 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VERO now has a Market Capitalization of 2757006 and an Enterprise Value of 47495092. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at 0.68 whereas that against EBITDA is -2.003.

Stock Price History:

The Beta on a monthly basis for VERO is 0.51, which has changed by -0.7246377 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, VERO has reached a high of $2.21, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is 6.22%, while the 200-Day Moving Average is calculated to be -33.51%.

Shares Statistics:

It appears that VERO traded 971.75K shares on average per day over the past three months and 502340 shares per day over the past ten days. A total of 7.26M shares are outstanding, with a floating share count of 4.13M. Insiders hold about 43.06% of the company’s shares, while institutions hold 3.71% stake in the company. Shares short for VERO as of 1730332800 were 1447290 with a Short Ratio of 0.10, compared to 1727654400 on 812694. Therefore, it implies a Short% of Shares Outstanding of 1447290 and a Short% of Float of 28.860000000000003.

Earnings Estimates

The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$1.0, with high estimates of -$1.0 and low estimates of -$1.0.

Analysts are recommending an EPS of between -$6.8 and -$6.8 for the fiscal current year, implying an average EPS of -$6.8. EPS for the following year is -$3.67, with 1.0 analysts recommending between -$3.67 and -$3.67.

Revenue Estimates

In the current quarter, 3 analysts expect revenue to total $17.21M. It ranges from a high estimate of $17.63M to a low estimate of $17M. As of the current estimate, Venus Concept Inc’s year-ago sales were $18.13MFor the next quarter, 3 analysts are estimating revenue of $16.27M. There is a high estimate of $16.79M for the next quarter, whereas the lowest estimate is $15.4M.

A total of 3 analysts have provided revenue estimates for VERO’s current fiscal year. The highest revenue estimate was $66.7M, while the lowest revenue estimate was $66M, resulting in an average revenue estimate of $66.26M. In the same quarter a year ago, actual revenue was $76.35MBased on 3 analysts’ estimates, the company’s revenue will be $69.16M in the next fiscal year. The high estimate is $72.7M and the low estimate is $65.9M.

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