Vericel Corp (NASDAQ: VCEL) is 8.41% higher on its value in year-to-date trading and has touched a low of $32.31 and a high of $61.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VCEL stock was last observed hovering at around $58.08 in the last trading session, with the day’s gains setting it 1.45%.
Currently trading at $59.53, the stock is 4.60% and 8.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.5 million and changing 2.50% at the moment leaves the stock 22.17% off its SMA200. VCEL registered 71.11% gain for a year compared to 6-month gain of 30.98%. The firm has a 50-day simple moving average (SMA 50) of $54.7452 and a 200-day simple moving average (SMA200) of $48.72875.
The stock witnessed a 5.61% loss in the last 1 month and extending the period to 3 months gives it a 43.97%, and is 8.41% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.96% over the week and 4.04% over the month.
Vericel Corp (VCEL) has around 314 employees, a market worth around $2.94B and $226.84M in sales. Current P/E ratio is 952.48 and Fwd P/E is 127.79. Profit margin for the company is 1.56%. Distance from 52-week low is 84.25% and -3.19% from its 52-week high. The company has generated returns on investments over the last 12 months (1.02%).
The EPS is expected to grow by 275.98% this year
366.0 institutions hold shares in Vericel Corp (VCEL), with institutional investors hold 105.46% of the company’s shares. The shares outstanding are 49.27M, and float is at 48.91M with Short Float at 7.55%. Institutions hold 104.49% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.06 million shares valued at $369.65 million. The investor’s holdings represent 16.5486 of the VCEL Shares outstanding. As of 2024-06-30, the second largest holder is BROWN CAPITAL MANAGEMENT LLC with 4.42 million shares valued at $202.64 million to account for 9.0718 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.44 million shares representing 7.0753 and valued at over $158.04 million, while STATE STREET CORP holds 5.1037 of the shares totaling 2.48 million with a market value of $114.0 million.
Vericel Corp (VCEL) Insider Activity
The most recent transaction is an insider sale by Wotton Paul K, the company’s Director. SEC filings show that Wotton Paul K sold 2,600 shares of the company’s common stock on Dec 04 ’24 at a price of $58.72 per share for a total of $0.15 million. Following the sale, the insider now owns 27402.0 shares.
Still, SEC filings show that on Dec 02 ’24, Hopper Jonathan Mark (Chief Medical Officer) disposed off 10,000 shares at an average price of $58.72 for $0.59 million. The insider now directly holds 58,371 shares of Vericel Corp (VCEL).
