Are Veru Inc (VERU) stocks a prudent buy?

Veru Inc [VERU] stock is trading at $0.71, down -3.15%. An important factor to consider is whether the stock is rising or falling in short-term value. The VERU shares have gain 12.71% over the last week, with a monthly amount drifted -7.59%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Veru Inc [NASDAQ: VERU] stock has seen the most recent analyst activity on May 14, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $5. Previously, Raymond James started tracking the stock with Outperform rating on March 28, 2024, and set its price target to $3. On June 07, 2023, upgrade upgraded it’s rating to Hold but maintained its price target of $1 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $19 on April 13, 2021. H.C. Wainwright reiterated its recommendation of a Buy and raised its price target to $17 on February 09, 2021. H.C. Wainwright reiterated a Buy rating for this stock on January 21, 2020, and upped its price target to $6. In a note dated March 20, 2019, Oppenheimer initiated an Outperform rating and provided a target price of $5 on this stock.

Veru Inc [VERU] stock has fluctuated between $0.36 and $1.92 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Veru Inc [NASDAQ: VERU] shares were valued at $0.71 at the most recent close of the market. An investor can expect a potential return of 463.38% based on the average VERU price forecast.

Analyzing the VERU fundamentals

Veru Inc [NASDAQ:VERU] reported sales of 14.09M for the trailing twelve months, which represents a growth of 18.34%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -3.78%, Pretax Profit Margin comes in at -3.7%, and Net Profit Margin reading is -3.76%. To continue investigating profitability, this company’s Return on Assets is posted at -0.82, Equity is -1.39 and Total Capital is -0.98. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.

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 0.6898 points at the first support level, and at 0.6718 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7328, and for the 2nd resistance point, it is at 0.7578.

Ratios To Look Out For

For context, Veru Inc’s Current Ratio is 3.62. On the other hand, the Quick Ratio is 3.16, and the Cash Ratio is 2.74. Considering the valuation of this stock, the price to sales ratio is 7.12, the price to book ratio is 2.75.

Transactions by insiders

Recent insider trading involved FISCH HARRY, Chief Corporate Officer, that happened on May 24 ’24 when 4000.0 shares were purchased. Chief Scientific Officer, BARNETTE K GARY completed a deal on May 24 ’24 to buy 5000.0 shares. Meanwhile, President and CEO STEINER MITCHELL SHUSTER sold 63379.0 shares on May 24 ’24.

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