Venus Concept Inc (NASDAQ:VERO) does about 2.11M shares in volume on a normal day but saw 61290368 shares change hands in the recent trading day. The company now has a market cap of 4.53M USD. Its current market price is $3.18, marking an increase of 33.05% compared to the previous close of $2.39. The 52 week high reached by this stock is $17.49 whilst the lowest price level in 52 weeks is $2.10.
The consensus objective for the share price is $116.60, suggesting that the stock has a potential upside of 97.27% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Hold the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 09, 2020 when Stifel initiated the stock to “Hold” and issued a price target of $2.50. BTIG Research initiated its price target at $7.
The current price level is 33.35%, 15.19%, and -21.09% away from its SMA20, SMA50, and SMA200 respectively, with the VERO price moving below the 50-day SMA on current market day. Venus Concept Inc (VERO) stock is up 30.86% over the week and 35.90% over the past month. Its price is -23.22% year-to-date and -42.78% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $14.48M, which analysts say will come at $58.14M for the current fiscal year and next year at $63.95M. In addition, estimates put the company’s current quarterly revenue at an average of $14.01M.
To reach the target analysts have set, the stock logically needs to grow 97.27 percent from here.
Outstanding shares total 1.42M with insiders holding 1.08% of the shares and institutional holders owning 12.81% of the company’s common stock. The company has a return on investment of -193.39%. The beta has a value of 0.07. Price to book ratio is 1.00 and price to sales ratio is 0.07.
