How does Veren Inc (VRN) change from a tortoise to a hare?

With 21.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.45 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $5.2375 whereas the lowest price it dropped to was $5.03. The 52-week range on VRN shows that it touched its highest point at $9.28 and its lowest point at $4.39 during that stretch. It currently has a 1-year price target of $7.91. With its current market cap of 3.21 billion, VRN has annualized dividend of $0.33 while the current yield stands at 6.40%. VRN paid its most recent dividend on 1726185600, while the ex-dividend date for that was 1734048000. Beta for the stock currently stands at 2.11.

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 VRN was down-trending over the past week, with a drop of -4.40%, but this was up by 6.31% over a month. Three-month performance dropped to -16.61% while six-month performance fell -30.12%. The stock lost -20.91% in the past year, while it has gained 1.56% so far this year. A look at the trailing 12-month EPS for VRN yields 1.39 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.21. This implies an EPS growth rate of -55.25% for this year and 132.16% for next year.

Float and Shares Shorts:

At present, 616.33 million VRN shares are outstanding with a float of 602.86 million shares on hand for trading. On 2025-01-15, short shares totaled 11.97 million, which was 194.0 higher than short shares on 1734048000. In addition to Mr. Craig Bryksa as the firm’s President, CEO & Non-Independent Director, Mr. Kenneth R. Lamont B.Com., BComm., C.A. serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.50662 of VRN’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, VRN reported revenue of $1028100000.0 and operating income of $222500000.0. The EBITDA in the recently reported quarter was $551800000.0 and diluted EPS was $0.45.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With VRN analysts setting a high price target of 7.633429 and a low target of 6.939481, the average target price over the next 12 months is 7.286455. Based on these targets, VRN could surge 46.23% to reach the target high and rise by 32.94% to reach the target low. Reaching the average price target will result in a growth of 39.59% from current levels.

Analysts have provided yearly estimates in a range of $0.36689 being high and $0.30425 being low. For VRN, this leads to a yearly average estimate of $0.34004. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.