Looking at top Wall Street opinions, Verastem, Inc. (NASDAQ: VSTM) has recently made its way into the research list of BTIG Research – signaling that their analyst’s rating adjustment is noteworthy. This stock was Buy in the eyes of BTIG Research, as reported on Friday, July 13th, 2018. Another heavy-hitting research note was published by Seaport Global Securities on Wednesday May 2nd, 2018, with this firm Initiated VSTM to an updated rating of Buy. In the past six months and three months of trading, shares of Verastem, Inc. (VSTM) have moved by -57.99% and -29.30%, respectively.
Brokerage Updates Related to Verastem, Inc. (VSTM) Stock
This publicly-traded organization generated losses of -16.24% over the last 5 sessions. Right now, this stock is the subject of 7 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 1 have given a rating of Buy or better. Based on the 7 stock market experts following this company, the average 12-month price target is $13.92. Moreover, individual price targets range between $5.00-$18.00. With its recent move to $12.00, we can see that these firms project this stock will loss by -35.38% in one year.
Updates from Verastem, Inc. (VSTM) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.20% rise since the beginning of the calendar year. A Director at Verastem, Inc. (VSTM) bought some of its shares in a transaction that was finalized on Mar 15. Similarly, Paterson Dan bought 3,000 shares of the organization’s stock at $7.00 apiece and racked up $21,000 in earnings from the purchase. Now, Paterson Dan holds 23,286 shares of the company following the exchange. A President and CEO of the organization named Forrester Robert, was engaged in a transaction that occurred on Sep 28 that managed to be worth $14,000 from the purchase of 2,000 common shares at a price of $7.00 per individual share.
Verastem, Inc. (NASDAQ:VSTM) Results in the Pipeline
The next scheduled release of financial results for Verastem, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be -$0.53. In the same vein, they expect sales for the quarter to amount to $2.92 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $1.21 million in revenue alongside EPS at -$0.49. On average, the analyst projection was calling for $15.51 million with -$0.29 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $10.00 million, with earnings per share ending up at -$0.30.
Teekay Tankers Ltd. (NYSE:TNK) experienced a drop of -1.85% from the closing price in the previous trading day. That drove the price to $1.06 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,145,544 shares of stock – compared to the typical average of 1.23M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $1.51.
Pricing Indications for Teekay Tankers Ltd. (TNK)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 1.01 from its observable 50-day simple moving average. Right at this moment, the per-share value is 1.56% higher than the mean per-share price over the last 200 days in the market.
Teekay Tankers Ltd. (NYSE:TNK) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 2 have a Buy rating, 1 have an outperform rating, while 4 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.60, based on information from Thomson Reuters.
TNK Stock Value Potential
In trading activity as of late, this stock’s value was 1.04 up from its 200 day moving average, while also 5.29% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $1.00-$2.30. The market value for the entire organization reached 273.67M. In the last trading session, the price ended the day at $1.08. The institutional holdings related to this organization account for 31.90% , and the Beta factor is now 1.15. This company’s RSI (Relative Strength Index) managed to hit 62.23.
Teekay Tankers Ltd. (NYSE:TNK) Analyst Points of Focus
Teekay Tankers Ltd. (TNK) has found itself inside of JP Morgan’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Underweight, compared to its previous rating of Neutral by JP Morgan, as garnered from a news report on Friday February 22nd, 2019. An additional helpful research note was sent out by DNB Markets’s on Tuesday February 12th, 2019. The brokerage decided to upgrade TNK to Buy from its previous rating of Hold.