With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.11 million shares. The 52-week range on VIR shows that it touched its highest point at $14.45 and its lowest point at $6.56 during that stretch. It currently has a 1-year price target of $31.38. Beta for the stock currently stands at 1.14.
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 VIR was down-trending over the past week, with a drop of -0.10%, but this was down by -9.12% over a month. Three-month performance surged to 36.13% while six-month performance rose 8.63%. The stock lost -6.45% in the past year, while it has gained 30.38% so far this year. A look at the trailing 12-month EPS for VIR yields -3.92 with Next year EPS estimates of -3.67. For the next quarter, that number is -0.87. This implies an EPS growth rate of 15.42% for this year and 5.52% for next year. EPS is expected to grow by 8.69% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -34.12%.
Float and Shares Shorts:
At present, 136.71 million VIR shares are outstanding with a float of 88.02 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 VIR since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 -$3.66423 being high and -$3.98113 being low. For VIR, this leads to a yearly average estimate of -$3.8821. Based on analyst estimates, the high estimate for the next quarter is -$0.68 and the low estimate is -$1.09. The average estimate for the next quarter is thus -$0.88.
