Veru Inc [VERU] stock prices are up 11.46% to $0.93 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VERU shares have gain 32.14% over the last week, with a monthly amount glided 44.10%, and seem to be holding up well over a long-time horizon.
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On 1, April 2024, Veru Announces Date of 2024 Annual Meeting of Shareholders. In a post published today on Yahoo Finance, –2023 Form 10-K/A and Q1 2024 Form 10-Q filed today–.
From an analyst’s perspective:
Veru Inc [NASDAQ: VERU] stock has seen the most recent analyst activity on March 28, 2024, when Raymond James initiated its Outperform rating and assigned the stock a price target of $3. Previously, Jefferies upgraded its rating to Hold on June 07, 2023, and kept the price target unchanged to $1. On April 13, 2021, Jefferies initiated with a Buy rating and assigned a price target of $19 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $17 on February 09, 2021. H.C. Wainwright reiterated its recommendation of a Buy and raised its price target to $6 on January 21, 2020. Oppenheimer started tracking with a Outperform rating for this stock on March 20, 2019, and assigned it a price target of $5. In a note dated July 03, 2018, Maxim Group initiated an Buy rating.
The stock price of Veru Inc [VERU] has been fluctuating between $0.36 and $1.52 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 $0.93 at the most recent close of the market. An investor can expect a potential return of 2803.23% based on the average VERU price forecast.
Analyzing the VERU fundamentals
The Veru Inc [NASDAQ:VERU] reported sales of 15.93M for trailing twelve months, representing a drop of -14.64%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at -3.96%, Pretax Profit Margin comes in at -4.02%, and Net Profit Margin reading is -4.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.8, Equity is -2.14 and Total Capital is -0.99. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
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 0.8600 points at the first support level, and at 0.7949 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9601, and for the 2nd resistance point, it is at 0.9951.
Veru Inc [VERU] reported earnings per share of -$0.08 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.1/share, meaning a difference of $0.02 and a surprise factor of 20.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.12 per share as compared to estimates of -$0.23 per share, a difference of $0.11 representing a surprise of 47.80%.
Ratios To Look Out For
It’s worth pointing out that Veru Inc [NASDAQ:VERU]’s Current Ratio is 3.21. Further, the Quick Ratio stands at 2.79, while the Cash Ratio is 2.44. Considering the valuation of this stock, the price to sales ratio is 8.50, the price to book ratio is 2.62.
