With 0.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.83 million shares. The 52-week range on VERA shows that it touched its highest point at $51.61 and its lowest point at $25.99 during that stretch. It currently has a 1-year price target of $65.00. Beta for the stock currently stands at 1.17.
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 VERA was down-trending over the past week, with a drop of -3.71%, but this was down by -24.38% over a month. Three-month performance dropped to -41.64% while six-month performance fell -24.95%. The stock lost -36.17% in the past year, while it has lost -31.85% so far this year. A look at the trailing 12-month EPS for VERA yields -2.74 with Next year EPS estimates of -3.15. For the next quarter, that number is -0.73. This implies an EPS growth rate of -14.38% for this year and -0.30% for next year. EPS is expected to grow by 7.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.49%.
Float and Shares Shorts:
At present, 63.56 million VERA shares are outstanding with a float of 48.59 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 VERA since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 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 -$2.68769 being high and -$3.03481 being low. For VERA, this leads to a yearly average estimate of -$2.86621. Based on analyst estimates, the high estimate for the next quarter is -$0.77 and the low estimate is -$0.8. The average estimate for the next quarter is thus -$0.79.
