Long-Time Horizon Analysis of Veru Inc (VERU) Stock

Veru Inc [VERU] stock prices are up 6.31% to $0.59 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The VERU shares have gain 40.48% over the last week, with a monthly amount glided 38.53%, and seem to be holding up well over a long-time horizon.

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On 20, February 2024, Veru Announces New Scientific Advisory Board for its Enobosarm Program for High Quality Weight Loss. In a post published today on Yahoo Finance, Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for higher quality weight loss, oncology, and viral induced acute respiratory distress syndrome (ARDS), today announced the formation of a new Scientific Advisory Board to support the advancement of enobosarm, an oral novel selective androgen receptor modulator (SARM), to avoid muscle loss and augment fat loss when combined with a Glucagon-like peptide-1 receptor agonist (GLP-1 RA) drugs for potentially higher quality weight loss. The Scientific Advisory Board brings deep and complementary knowledge in metabolic diseases, obesity, weight management, muscle preservation and physical function in addition to significant experience in clinical research and in drug development.

From an analyst’s perspective:

Veru Inc [NASDAQ: VERU] stock has seen the most recent analyst activity on June 07, 2023, when Jefferies upgraded its rating to a Hold but kept the price target unchanged to $1 for it. Previously, Jefferies started tracking the stock with Buy rating on April 13, 2021, and set its price target to $19. On February 09, 2021, H.C. Wainwright reiterated its Buy rating and revised its price target to $17 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $6 on January 21, 2020. Oppenheimer initiated its recommendation with a Outperform and recommended $5 as its price target on March 20, 2019.

The stock price of Veru Inc [VERU] has been fluctuating between $0.36 and $4.54 over the past year. Currently, Wall Street analysts expect the stock to reach $27 within the next 12 months. Veru Inc [NASDAQ: VERU] shares were valued at $0.59 at the most recent close of the market. An investor can expect a potential return of 4476.27% based on the average VERU price forecast.

Analyzing the VERU fundamentals

The Veru Inc [NASDAQ:VERU] reported sales of 16.30M for trailing twelve months, representing a surge of 49.19%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.5436 points at the first support level, and at 0.4971 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6230, and for the 2nd resistance point, it is at 0.6559.

Veru Inc [VERU] reported earnings per share of -$0.12 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.23/share, meaning a difference of $0.11 and a surprise factor of 47.80%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.07 per share as compared to estimates of -$0.2 per share, a difference of $0.27 representing a surprise of 135.00%.

Ratios To Look Out For

It’s worth pointing out that Veru Inc [NASDAQ:VERU]’s Current Ratio is 1.16. On the other hand, the Quick Ratio is 0.83, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 5.30, the price to book ratio is 3.05.

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