With 1.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.44 million shares. The 52-week range on VRNA shows that it touched its highest point at $74.18 and its lowest point at $11.39 during that stretch. It currently has a 1-year price target of $92.36. Beta for the stock currently stands at 0.16.
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 VRNA was up-trending over the past week, with a rise of 7.48%, but this was up by 23.18% over a month. Three-month performance surged to 12.96% while six-month performance rose 96.53%. The stock gained 420.29% in the past year, while it has gained 56.29% so far this year. A look at the trailing 12-month EPS for VRNA yields -2.04 with Next year EPS estimates of 1.08. For the next quarter, that number is -0.00. This implies an EPS growth rate of 153.85% for this year and 644.35% for next year.
Float and Shares Shorts:
At present, 85.13 million VRNA shares are outstanding with a float of 76.70 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 VRNA since 7 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 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 -$0.43432 being high and -$0.50985 being low. For VRNA, this leads to a yearly average estimate of -$0.46028. Based on analyst estimates, the high estimate for the next quarter is $0.48 and the low estimate is $0.48. The average estimate for the next quarter is thus $0.48.
