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Vera Therapeutics (VERA) Stock Price, News & Analysis

Vera Therapeutics logo
$43.33
+2.95 (+7.31%)
(As of 10:58 AM ET)

About Vera Therapeutics Stock (NASDAQ:VERA)

Key Stats

Today's Range
$40.44
$43.48
50-Day Range
$35.66
$47.34
52-Week Range
$9.68
$50.78
Volume
383,744 shs
Average Volume
906,500 shs
Market Capitalization
$2.38 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$53.56
Consensus Rating
Buy

Company Overview

Vera Therapeutics, Inc., a clinical stage biotechnology company, focuses on developing and commercializing treatments for patients with serious immunological diseases. Its lead product candidate is atacicept, a fusion protein self-administered as a subcutaneous injection that is in Phase III clinical trial for patients with immunoglobulin A nephropathy; and for treatment of lupus nephritis that is in Phase II clinical trial. It is also developing MAU868, a human monoclonal antibody for the treatment of BK viremia infections. The company was formerly known as Trucode Gene Repair, Inc. and changed its name to Vera Therapeutics, Inc. in April 2020. Vera Therapeutics, Inc. was incorporated in 2016 and is headquartered in Brisbane, California.

Vera Therapeutics Stock Analysis - MarketRank™

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47th Percentile Overall Score

VERA MarketRank™: 

Vera Therapeutics scored higher than 47% of companies evaluated by MarketBeat, and ranked 396th out of 991 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Vera Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.10, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Vera Therapeutics has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Vera Therapeutics' stock forecast and price target.
  • Earnings Growth

    Earnings for Vera Therapeutics are expected to decrease in the coming year, from ($2.57) to ($2.85) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Vera Therapeutics is -19.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Vera Therapeutics is -19.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Vera Therapeutics has a P/B Ratio of 22.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Vera Therapeutics' valuation and earnings.
  • Percentage of Shares Shorted

    14.89% of the float of Vera Therapeutics has been sold short.
  • Short Interest Ratio / Days to Cover

    Vera Therapeutics has a short interest ratio ("days to cover") of 11.7, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Vera Therapeutics has recently increased by 0.32%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Vera Therapeutics does not currently pay a dividend.

  • Dividend Growth

    Vera Therapeutics does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    14.89% of the float of Vera Therapeutics has been sold short.
  • Short Interest Ratio / Days to Cover

    Vera Therapeutics has a short interest ratio ("days to cover") of 11.7, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Vera Therapeutics has recently increased by 0.32%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Vera Therapeutics has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 28 news articles for Vera Therapeutics this week, compared to 4 articles on an average week.
  • Search Interest

    2 people have searched for VERA on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Vera Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Vera Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,376,163.00 in company stock.

  • Percentage Held by Insiders

    21.70% of the stock of Vera Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    99.21% of the stock of Vera Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Vera Therapeutics' insider trading history.
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VERA Stock News Headlines

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Vera Therapeutics (NASDAQ:VERA) Price Target Raised to $64.00
Vera Therapeutics 7.14M share Secondary priced at $42.00
See More Headlines

VERA Stock Analysis - Frequently Asked Questions

Vera Therapeutics' stock was trading at $15.38 at the beginning of the year. Since then, VERA shares have increased by 181.7% and is now trading at $43.33.
View the best growth stocks for 2024 here
.

Vera Therapeutics, Inc. (NASDAQ:VERA) posted its quarterly earnings results on Thursday, August, 8th. The company reported ($0.62) earnings per share for the quarter, missing analysts' consensus estimates of ($0.56) by $0.06.

Vera Therapeutics (VERA) raised $66 million in an IPO on Friday, May 14th 2021. The company issued 4,400,000 shares at $14.00-$16.00 per share. Jefferies, Cowen and Evercore ISI acted as the underwriters for the IPO.

Vera Therapeutics' top institutional shareholders include Eastern Bank (0.10%), Handelsbanken Fonder AB (0.03%), China Universal Asset Management Co. Ltd. (0.02%) and SG Americas Securities LLC (0.02%). Insiders that own company stock include Commodore Capital Lp, Sofinnova Venture Partners X,, Carlyle Group Inc, Marshall Fordyce, Beth C Seidenberg, Sean Grant, Joseph R Young, Joanne Curley and Celia Lin.
View institutional ownership trends
.

Shares of VERA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Vera Therapeutics investors own include CRISPR Therapeutics (CRSP), Pure Storage (PSTG), NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

Last Earnings
8/08/2024
Today
11/01/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:VERA
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$53.56
High Stock Price Target
$107.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+32.6%
Consensus Rating
Buy
Rating Score (0-4)
3.10
Research Coverage
10 Analysts

Profitability

Net Income
$-95,990,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$1.94 per share

Miscellaneous

Free Float
42,930,000
Market Cap
$2.21 billion
Optionable
Optionable
Beta
1.00
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This page (NASDAQ:VERA) was last updated on 11/1/2024 by MarketBeat.com Staff
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