Veru Inc (VERU) Stocks Experience Steady increase to Close at $0.77

Veru Inc (NASDAQ: VERU) closed the day trading at $0.77 up 1.87% from the previous closing price of $0.76. In other words, the price has increased by $+0.0142 from its previous closing price. On the day, 1085300 shares were traded.

Ratios:

For a better understanding of VERU, let’s look at 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 113.18M and an Enterprise Value of 86.81M. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.11 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 5.33 whereas that against EBITDA is -0.97.

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 0.5450, while the 200-Day Moving Average is calculated to be 0.8574.

Shares Statistics:

Over the past 3-months, VERU traded about 1.86M shares per day on average, while over the past 10 days, VERU traded about 1.6M shares per day. 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 5.12, 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

Current recommendations for the stock of the company come from 3 analysts. 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.

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