The price of Ventyx Biosciences Inc (NASDAQ: VTYX) closed at $6.70 in the last session, down -8.84% from day before closing price of $7.35. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 1353852 shares were traded.
Ratios:
We take a closer look at VTYX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 11.87 and its Current Ratio is at 11.87. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 the company, Wells Fargo on March 12, 2024, Upgraded its rating to Overweight and sets its target price to $16 from $7 previously.
On March 12, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $12.
Wells Fargo Downgraded its Overweight to Equal Weight on November 07, 2023, whereas the target price for the stock was revised from $77 to $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 20 ’23 when Mohan Raju sold 58,860 shares for $2.12 per share. The transaction valued at 124,660 led to the insider holds 1,570,719 shares of the business.
Nuss John sold 17,628 shares of VTYX for $37,334 on Dec 20 ’23. The Chief Scientific Officer now owns 262,118 shares after completing the transaction at $2.12 per share. On Dec 20 ’23, another insider, Krueger Christopher W, who serves as the Chief Business Officer of the company, sold 5,293 shares for $2.12 each. As a result, the insider received 11,210 and left with 282,119 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, VTYX now has a Market Capitalization of 471.86M and an Enterprise Value of 232.14M.
Stock Price History:
Over the past 52 weeks, VTYX has reached a high of $40.58, while it has fallen to a 52-week low of $1.87. The 50-Day Moving Average of the stock is 4.75, while the 200-Day Moving Average is calculated to be 17.97.
Shares Statistics:
According to the various share statistics, VTYX traded on average about 4.53M shares per day over the past 3-months and 2.33M shares per day over the past 10 days. A total of 59.24M shares are outstanding, with a floating share count of 47.09M. Insiders hold about 20.51% of the company’s shares, while institutions hold 83.21% stake in the company. Shares short for VTYX as of Feb 29, 2024 were 9.19M with a Short Ratio of 2.03, compared to 4.86M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 15.52% and a Short% of Float of 23.31%.
Earnings Estimates
The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.69 for the current quarter, with a high estimate of -$0.38 and a low estimate of -$0.86, while EPS last year was -$0.68. The consensus estimate for the next quarter is -$0.64, with high estimates of -$0.34 and low estimates of -$0.86.
Analysts are recommending an EPS of between -$1.57 and -$4.18 for the fiscal current year, implying an average EPS of -$2.67. EPS for the following year is -$2.59, with 8 analysts recommending between -$1.25 and -$4.44.
