On average, they predict the company’s share price to reach $45.67 in the next year. This suggests a possible upside of 62.9% from the stock’s current price. View analysts price targets for VRDN or view top-rated stocks among Wall Street analysts. Viridian Therapeutics, Inc., a biotechnology company, discover and develops treatments for serious and rare diseases.

Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Viridian Therapeutics’ stock was trading at $29.21 on January 1st, 2023. Since then, VRDN stock has decreased by 4.0% and is now trading at $28.03. The P/E ratio of Viridian Therapeutics is -6.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. 8.28% of the outstanding shares of Viridian Therapeutics have been sold short. According to analysts’ consensus price target of $45.67, Viridian Therapeutics has a forecasted upside of 62.9% from its current price of $28.03.

Financial Calendars

These returns cover a period from January 1, 1988 through April 3, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. The mean of analysts’ price targets for Viridian Therapeutics, Inc. points to an 89.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agr… Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity.

B.Riley Financial Remains a Buy on Viridian Therapeutics (VRDN)

It attempts to reflect the cash profit generated by a company’s operations. 52 week low is the lowest price of a stock in the past 52 weeks, or one year. Viridian Therapeutics Inc 52 week low is $9.47 as of April 29, 2023. 52 week high is the highest price of a stock in the past 52 weeks, or one year. Viridian Therapeutics Inc 52 week high is $39.00 as of April 29, 2023. We’d like to share more about how we work and what drives our day-to-day business.

The company was founded by William S. Marshall and Bruce L. Booth in February 2006 and is headquartered in Waltham, MA. According to 9 analysts, the average rating for VRDN stock is “Strong Buy.” The 12-month stock price forecast is $42.56, which is an increase of 51.84% from the latest price. The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share .

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Viridian Therapeutics has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. The technique has proven to be very useful for finding positive surprises.

MarketWatch

Real-https://1investing.in/ analyst ratings, insider transactions, earnings data, and more. Viridian Therapeutics has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.

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In the past three months, Viridian Therapeutics insiders have sold 935.60% more of their company’s stock than they have bought. Specifically, they have bought $261,805.00 in company stock and sold $2,711,257.00 in company stock. Viridian Therapeutics has a short interest ratio (“days to cover”) of 6.7. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Viridian Therapeutics, Inc. delivered earnings and revenue surprises of 1.15% and 131.59%, respectively, for the quarter ended September 2022. Viridian Therapeutics, Inc. delivered earnings and revenue surprises of -56.94% and 85.25%, respectively, for the quarter ended December 2022.

It can also be calculated by dividing the company’s Market Cap by the Net Profit. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions.

Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

Analyst rating

The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. Viridian Therapeutics Inc 50-day moving average is $28.52. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

“Prepare for Five Years of Famine”Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast. Viridian Therapeutics does not have a long track record of dividend growth. Short interest in Viridian Therapeutics has recently increased by 2.90%, indicating that investor sentiment is decreasing.

These are established companies that reliably pay dividends. Viridian Therapeutics, Inc., a biotechnology company, develops treatments for patients suffering from serious diseases. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. Viridian Therapeutics has a news sentiment score of 0.93.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a higher news sentiment than the 0.66 average news sentiment score of Medical companies. Viridian Therapeutics, Inc. is a clinical stage biopharmaceutical company, which engages in the development of proprietary RNA-targeted therapeutics.

There may be delays, omissions, or inaccuracies in the Information. EBITDA is a widely used measure of corporate profitability. It stands for Earnings before Interest, Taxes, Depreciation, and Amortization.

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Viridian Therapeutics to Participate in Cowen’s 43rd Annual Health Care Conference

The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time.

• View analysts price targets for VRDN or view top-rated stocks among Wall Street analysts.
• This suggests a possible upside of 62.9% from the stock’s current price.
• Market cap, also known as market capitalization, is the total market value of a company.
• On average, they predict the company’s share price to reach $45.67 in the next year.
• That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 11 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Viridian Therapeutics in the last year. The consensus among Wall Street equities research analysts is that investors should “buy” VRDN shares. 11 Wall Street research analysts have issued 1-year price objectives for Viridian Therapeutics’ shares. Their VRDN share price forecasts range from $40.00 to $51.00.

• The P/E ratio of Viridian Therapeutics is -6.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
• Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
• More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
• Their VRDN share price forecasts range from $40.00 to $51.00.
• You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

It also provides VRDN-004, a discovery-stage therapeutic antibody program for rare disease; and VRDN-005 and VRDN-006, a preclinical program for autoimmune disease. The company was formerly known as Miragen Therapeutics, Inc. and changed its name to Viridian Therapeutics, Inc. in January 2021. Viridian Therapeutics, Inc. is headquartered in Waltham, Massachusetts. Market cap, also known as market capitalization, is the total market value of a company.

3 people have added Viridian Therapeutics to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Only 7 people have searched for VRDN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. MarketBeat has tracked 2 news articles for Viridian Therapeutics this week, compared to 2 articles on an average week. In 2022, VRDN’s revenue was $1.77 million, a decrease of -40.20% compared to the previous year’s $2.96 million.