Healthy Upside Potential: Verastem Inc (VSTM)

With 0.82 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.5 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $5.69 whereas the lowest price it dropped to was $5.275. The 52-week range on VSTM shows that it touched its highest point at $14.22 and its lowest point at $2.10 during that stretch. It currently has a 1-year price target of $12.29. Beta for the stock currently stands at 0.26.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VSTM was up-trending over the past week, with a rise of 0.94%, but this was up by 17.17% over a month. Three-month performance surged to 102.63% while six-month performance rose 62.35%. The stock lost -48.12% in the past year, while it has gained 4.26% so far this year. A look at the trailing 12-month EPS for VSTM yields -3.19 with Next year EPS estimates of -2.56. For the next quarter, that number is -0.83. This implies an EPS growth rate of 23.45% for this year and 15.38% for next year.

Float and Shares Shorts:

At present, 40.26 million VSTM shares are outstanding with a float of 39.48 million shares on hand for trading. On 2024-12-31, short shares totaled 3.09 million, which was 694.0 higher than short shares on 1732838400. In addition to Mr. Daniel W. Paterson as the firm’s President, CEO & Director, Mr. Daniel Calkins serves as its CFO and Principal Accounting & Financial Officer.

Institutional Ownership:

Through their ownership of 0.59970003 of VSTM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, VSTM reported revenue of $0.0 and operating income of -$37030000.0. The EBITDA in the recently reported quarter was -$36269000.0 and diluted EPS was -$0.6.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VSTM since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VSTM analysts setting a high price target of 20.0 and a low target of 7.0, the average target price over the next 12 months is 12.28571. Based on these targets, VSTM could surge 271.06% to reach the target high and rise by 29.87% to reach the target low. Reaching the average price target will result in a growth of 127.94% from current levels.

Analysts have provided yearly estimates in a range of -$2.90077 being high and -$3.13162 being low. For VSTM, this leads to a yearly average estimate of -$3.03125. Based on analyst estimates, the high estimate for the next quarter is -$0.67 and the low estimate is -$0.94. The average estimate for the next quarter is thus -$0.81.