The closing price of Venus Concept Inc (NASDAQ: VERO) was $0.94 for the day, down -27.38% from the previous closing price of $1.30. In other words, the price has decreased by -$0.3560 from its previous closing price. On the day, 786245 shares were traded. VERO stock price reached its highest trading level at $1.1876 during the session, while it also had its lowest trading level at $0.8302.
Ratios:
Our analysis of VERO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.76.
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.
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 7.13M and an Enterprise Value of 85.90M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 1.04 whereas that against EBITDA is -3.27.
Stock Price History:
Over the past 52 weeks, VERO has reached a high of $4.70, while it has fallen to a 52-week low of $0.87. The 50-Day Moving Average of the stock is 1.2112, while the 200-Day Moving Average is calculated to be 1.8350.
Shares Statistics:
VERO traded an average of 553.94K shares per day over the past three months and 3.25M shares per day over the past ten days. A total of 5.14M shares are outstanding, with a floating share count of 3.25M. Insiders hold about 41.27% of the company’s shares, while institutions hold 15.36% stake in the company. Shares short for VERO as of Jan 31, 2024 were 28.08k with a Short Ratio of 0.05, compared to 18.63k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.51% and a Short% of Float of 0.94%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of -$1.18 for the current quarter, with a high estimate of -$0.87 and a low estimate of -$1.6, while EPS last year was -$2.1. The consensus estimate for the next quarter is -$1.2, with high estimates of -$0.82 and low estimates of -$1.45.
Analysts are recommending an EPS of between -$5.72 and -$6.43 for the fiscal current year, implying an average EPS of -$6.02. EPS for the following year is -$3.4, with 3 analysts recommending between -$2.19 and -$4.3.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $23.07M to a low estimate of $22M. As of the current estimate, Venus Concept Inc’s year-ago sales were $24.29M, an estimated decrease of -7.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $19.37M, a decrease of -5.70% over than the figure of -$7.60% in the same quarter last year. There is a high estimate of $19.83M for the next quarter, whereas the lowest estimate is $19.1M.
A total of 3 analysts have provided revenue estimates for VERO’s current fiscal year. The highest revenue estimate was $81.29M, while the lowest revenue estimate was $80.2M, resulting in an average revenue estimate of $80.66M. In the same quarter a year ago, actual revenue was $99.5M, down -18.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $86.34M in the next fiscal year. The high estimate is $88.73M and the low estimate is $84.8M. The average revenue growth estimate for next year is up 7.00% from the average revenue estimate for this year.
