With 0.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.02 million shares. The 52-week range on VERI shows that it touched its highest point at $7.76 and its lowest point at $1.65 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 3.43.
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 VERI was down-trending over the past week, with a drop of -8.66%, but this was up by 10.89% over a month. Three-month performance dropped to -1.80% while six-month performance fell -21.74%. The stock gained 15.80% in the past year, while it has lost -8.38% so far this year. A look at the trailing 12-month EPS for VERI yields -2.16 with Next year EPS estimates of -0.55. For the next quarter, that number is -0.23. This implies an EPS growth rate of 15.91% for this year and 35.38% for next year. EPS is expected to grow by 48.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 14.51%.
Float and Shares Shorts:
At present, 38.21 million VERI shares are outstanding with a float of 35.69 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VERI since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.82731 being high and -$0.87123 being low. For VERI, this leads to a yearly average estimate of -$0.84927.
