Vaxart Inc (VXRT) stock expected to gain 233.33% in the coming months

Currently, Vaxart Inc [VXRT] is trading at $0.60, up 11.72%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VXRT shares have gain 1.14% over the last week, with a monthly amount drifted -2.69%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vaxart Inc [NASDAQ: VXRT] stock has seen the most recent analyst activity on August 15, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $4. On November 02, 2021, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $15 on the stock. B. Riley Securities downgraded its rating to a Neutral and decreased its price target to $9 on June 29, 2021. Jefferies initiated its recommendation with a Buy and recommended $13 as its price target on June 24, 2021. Piper Sandler started tracking with a Overweight rating for this stock on June 11, 2021, and assigned it a price target of $18. In a note dated August 12, 2020, H.C. Wainwright reiterated an Buy rating on this stock and boosted its target price from $7 to $17.

This stock has fluctuated between a low of $0.52 and a high of $1.54 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Vaxart Inc [NASDAQ: VXRT] shares were valued at $0.60 at the most recent close of the market. An investor can expect a potential return of 233.33% based on the average VXRT price forecast.

Analyzing the VXRT fundamentals

Trailing Twelve Months sales for Vaxart Inc [NASDAQ:VXRT] were 16.76M which represents 134.79% growth. Gross Profit Margin for this corporation currently stands at -0.18% with Operating Profit Margin at -4.28%, Pretax Profit Margin comes in at -4.3%, and Net Profit Margin reading is -4.32%. To continue investigating profitability, this company’s Return on Assets is posted at -0.43, Equity is -1.1 and Total Capital is -0.83.

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 0.5493 points at the first support level, and at 0.4953 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6427, and for the 2nd resistance point, it is at 0.6821.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Vaxart Inc [NASDAQ:VXRT] is 0.83. In addition, the Quick Ratio stands at 0.83 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 8.19, the price to book ratio is 2.01.

Transactions by insiders

Recent insider trading involved Watson W. Mark, Director, that happened on Jun 18 ’24 when 20000.0 shares were purchased.

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