At the time of writing, Vaxart Inc [VXRT] stock is trading at $0.73, up 20.20%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VXRT shares have gain 21.13% over the last week, with a monthly amount glided 21.96%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Vaxart Inc fluctuated between $0.52 and $1.54. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Vaxart Inc [NASDAQ: VXRT] shares were valued at $0.73 at the most recent close of the market. An investor can expect a potential return of 173.97% based on the average VXRT price forecast.
Analyzing the VXRT fundamentals
According to Vaxart Inc [NASDAQ:VXRT], the company’s sales were 16.76M for trailing twelve months, which represents an 134.79% jump. 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 0.6272 points at the first support level, and at 0.5236 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8072, and for the 2nd resistance point, it is at 0.8836.
Ratios To Look Out For
It is important to note that Vaxart Inc [NASDAQ:VXRT] has a current ratio of 0.83. As well, the Quick Ratio is 0.83, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 11.92, the price to book ratio is 2.43.
Transactions by insiders
Recent insider trading involved Watson W. Mark, Director, that happened on Jun 18 ’24 when 20000.0 shares were purchased.