Analysts who follow Verastem Inc (VSTM) on average expect it to rise 104.08% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns Verastem Inc an Analyst Ranking of 79, which means it ranks higher than 79 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Verastem Inc Stock Today?
Verastem Inc (VSTM) stock has fallen -8.41% while the S&P 500 has risen 0.04% as of 3:13 PM on Tuesday, Jan 26. VSTM is down -$0.18 from the previous closing price of $2.14 on volume of 4,918,070 shares. Over the past year the S&P 500 has risen 18.90% while VSTM has risen 10.11%. VSTM lost -$0.92 per share the over the last 12 months.