Vanda Pharmaceuticals Inc [NASDAQ: VNDA] surged by $0.15 during the normal trading session on while it closed the day at $4.83.
Vanda Pharmaceuticals Inc stock has also gained 2.33% of its value over the past 7 days. However, VNDA stock has declined by -0.21% in the 3 months of the year. Over the past six months meanwhile, it has lost -19.06% and gained 14.69% year-on date.
The market cap for VNDA stock reached $282.21 million, with 58.31 million shares outstanding and 55.22 million shares in the current float. Compared to the average trading volume of 660.92K shares, VNDA reached a trading volume of 292919 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Vanda Pharmaceuticals Inc [VNDA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VNDA shares is $12.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VNDA stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Vanda Pharmaceuticals Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 31, 2024. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on July 11, 2024, representing the official price target for Vanda Pharmaceuticals Inc stock. Previously, the target price had yet another drop from $24 to $12, while Jefferies kept a Hold rating on VNDA stock.
The Average True Range (ATR) for Vanda Pharmaceuticals Inc is set at 0.20, with the Price to Sales ratio for VNDA stock in the period of the last 12 months amounting to 1.48. The Price to Book ratio for the last quarter was 0.52, with the Price to Cash per share for the same quarter was set at 6.45.
VNDA stock trade performance evaluation
Vanda Pharmaceuticals Inc [VNDA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.33. With this latest performance, VNDA shares dropped by -4.91% in over the last four-week period, additionally sinking by -19.06% over the last 6 months – not to mention a rise of 21.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VNDA stock in for the last two-week period is set at 51.77, with the RSI for the last a single of trading hit 54.59, and the three-weeks RSI is set at 50.21 for Vanda Pharmaceuticals Inc [VNDA]. The present Moving Average for the last 50 days of trading for this stock 4.85, while it was recorded at 4.69 for the last single week of trading, and 5.03 for the last 200 days.
Vanda Pharmaceuticals Inc [VNDA]: An insightful look at the core fundamentals
Vanda Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.84 and a Current Ratio set at 4.85.
Earnings per share (EPS) analysis for Vanda Pharmaceuticals Inc [VNDA] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VNDA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vanda Pharmaceuticals Inc go to 36.10%.
Vanda Pharmaceuticals Inc [VNDA]: Institutional Ownership
There are presently around $78.42%, or 80.97%% of VNDA stock, in the hands of institutional investors. The top three institutional holders of VNDA stocks are: BLACKROCK INC. with ownership of 8.14 million shares, which is approximately 14.0895%. RENAISSANCE TECHNOLOGIES LLC, holding 4.11 million shares of the stock with an approximate value of $$23.24 million in VNDA stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$19.39 million in VNDA stock with ownership which is approximately 5.9412%.
