A share price of Verastem Inc [VSTM] is currently trading at $5.92, up 5.90%. 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 VSTM shares have gain 12.12% over the last week, with a monthly amount glided 41.29%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Verastem Inc [NASDAQ: VSTM] stock has seen the most recent analyst activity on December 31, 2024, when BTIG Research reiterated its Buy rating and also boosted its price target to $20 from $13. Previously, Guggenheim started tracking the stock with Buy rating on September 30, 2024, and set its price target to $13. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $21 on September 27, 2023. Mizuho upgraded its rating to a Buy and raised its price target to $36 on June 15, 2023.
Verastem Inc experienced fluctuations in its stock price throughout the past year between $2.10 and $14.22. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Verastem Inc [NASDAQ: VSTM] shares were valued at $5.92 at the most recent close of the market. An investor can expect a potential return of 18.24% based on the average VSTM price forecast.
Analyzing the VSTM fundamentals
Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -11.32%, Pretax Profit Margin comes in at -9.24%, and Net Profit Margin reading is -9.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.74, Equity is -2.13 and Total Capital is -1.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.75.
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 5.59 points at the first support level, and at 5.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.11, and for the 2nd resistance point, it is at 6.30.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Verastem Inc [NASDAQ:VSTM] is 3.23. Further, the Quick Ratio stands at 3.23, while the Cash Ratio is 3.03. Considering the valuation of this stock, the price to sales ratio is 26.35, the price to book ratio is 21.55.
Transactions by insiders
Recent insider trading involved Paterson Dan, President and CEO, that happened on Jan 13 ’25 when 8568.0 shares were sold. Officer, Director, Dan Paterson completed a deal on Jan 13 ’25 to buy 8568.0 shares. Meanwhile, Chief Financial Officer Calkins Daniel sold 6.0 shares on Jan 06 ’25.
