Veru(VERU)

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What Makes Veru Inc. (VERU) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-01-23 18:01
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1][2] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum by evaluating various metrics [2][4] Group 2: Veru Inc. (VERU) Performance - Veru Inc. currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, VERU shares have increased by 24.76%, significantly outperforming the Zacks Medical - Products industry, which rose by only 0.59% [6] - In the last month, VERU's price change is 65.5%, compared to the industry's 1.4% [6] - Over the past quarter, VERU shares have risen by 35.81%, and over the last year, they have increased by 144.19%, while the S&P 500 has only moved 4.32% and 27.01%, respectively [7] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for VERU is 2,368,062 shares, indicating strong interest and potential bullish momentum [8] - In terms of earnings outlook, three earnings estimates for VERU have been revised upwards in the past two months, raising the consensus estimate from -$0.30 to -$0.26 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions, suggesting positive sentiment around future earnings [10] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, VERU is positioned as a promising momentum pick for investors [12]
Veru Inc. (VERU) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2024-12-17 01:01
Group 1 - Veru Inc. reported a quarterly loss of $0.06 per share, better than the Zacks Consensus Estimate of a loss of $0.07, and improved from a loss of $0.16 per share a year ago, resulting in an earnings surprise of 14.29% [1] - The company posted revenues of $6.66 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 86.99%, and up from $3.86 million in the same quarter last year [2] - Over the last four quarters, Veru has surpassed consensus revenue estimates three times [2] Group 2 - The current consensus EPS estimate for the upcoming quarter is -$0.08 on revenues of $3.18 million, and for the current fiscal year, it is -$0.29 on revenues of $12.78 million [8] - The Zacks Industry Rank for Medical - Products is in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]
Veru to Present at the 17th International Conference of the Society on Sarcopenia, Cachexia, & Wasting Disorders
GlobeNewswire News Room· 2024-11-26 13:30
MIAMI, FL, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced that the Company will present at the at the 17th International Conference of the Society on Sarcopenia, Cachexia, & Wasting Disorders, taking place December 6-8, 2024, in Washington, DC. Presentation Name: The use of ...
Veru Announces Meta-analysis of Body Composition Data from Older Patients with Obesity which Supports Potential for Enobosarm to Optimize Weight Loss at ObesityWeek
GlobeNewswire News Room· 2024-11-05 13:30
MIAMI, FL, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced data from a meta-analysis presentation at ObesityWeek, which took place November 5, 2024, in San Antonio, Texas. Highlights from the presentation:The objective of the meta-analysis was to determine the effects of enob ...
Veru to Present at ObesityWeek: Meta-Analysis of 4 Previous Randomized Clinical Trials that Support the Potential of Enobosarm to Optimize Weight Loss
GlobeNewswire News Room· 2024-10-21 12:30
MIAMI, FL, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced that the Company will present at ObesityWeek, taking place November 3-6, 2024, in San Antonio, Texas. Presentation Name: Meta-analysis of subjects from 4 randomized clinical trials supports the potential of enobosarm ...
Veru to Deliver Keynote Presentation on the Scientific Support for Enobosarm in Combination with GLP-1 Receptor Agonist to Preserve Muscle for Higher Quality Weight Loss at the 4th Edition of the World Obesity and Weight Management Congress
GlobeNewswire News Room· 2024-10-16 12:30
MIAMI, FL, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced that the Company will present at the World Obesity and Weight Management Congress, taking place October 24-26, 2024, in Baltimore, Maryland. Keynote Presentation Name: Advancing enobosarm, an oral novel Selective Andr ...
Veru to Present at the 2024 Cantor Global Healthcare Conference
GlobeNewswire News Room· 2024-09-11 12:30
MIAMI, FL, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced that Mitchell Steiner, M.D., Chairman, President and Chief Executive Officer of Veru, will present a corporate update with a focus on the progress of Veru's Phase 2b clinical development program of enobosarm to augme ...
Veru Inc. (VERU) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-08-08 12:46
Veru Inc. (VERU) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.07, delivering a surprise of -40%. Over the last four quarters, the company has surpassed con ...
Veru to Report Fiscal 2024 Third Quarter Financial Results on August 8, 2024
GlobeNewswire News Room· 2024-08-01 12:30
Company Overview - Veru Inc. is a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle during weight loss, oncology, and viral-induced acute respiratory distress syndrome [8] - The company's drug development program includes two late-stage novel small molecules: enobosarm and sabizabulin [8] Enobosarm Clinical Trials - Enobosarm is being evaluated in a Phase 2b clinical trial to preserve muscle and augment fat loss in approximately 150 patients with sarcopenic obesity or overweight elderly patients receiving semaglutide [3] - The primary endpoint of the trial is total lean body mass, with key secondary endpoints including total body fat mass and physical function measured by stair climb test at 16 weeks [3] - Topline clinical results from the Phase 2b trial are expected by the end of calendar year 2024, followed by a Phase 2b extension trial to assess muscle maintenance after discontinuation of GLP-1 RA [4] Sarcopenic Obesity Context - In the U.S., 41.5% of older adults have obesity, with up to 34.4% of these patients over 60 years old suffering from sarcopenic obesity [5] - Sarcopenic obesity patients are at risk of muscle loss when taking GLP-1 RA medications, which can lead to frailty and increased mortality [5] Enobosarm's Mechanism and Safety - Enobosarm is a selective androgen receptor modulator (SARM) that has shown dose-dependent increases in muscle mass and reductions in fat mass in previous studies involving older patients [6][7] - The safety database for enobosarm includes 27 clinical trials with 1581 participants, indicating it is generally well tolerated with no significant gastrointestinal side effects [7] Future Development Plans - The company plans to conduct a Phase 3 ENABLAR-2 clinical trial of enobosarm in combination with abemaciclib for treating AR+ and ER+ metastatic breast cancer, subject to funding availability [9] - Sabizabulin is being developed for hospitalized patients with viral-induced ARDS, with further development contingent on securing external funding [10]
Veru to Participate in the BTIG Virtual Biotechnology Conference
GlobeNewswire News Room· 2024-07-29 12:30
Company Overview - Veru Inc. is a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle, weight loss, oncology, and viral-induced acute respiratory distress syndrome (ARDS) [4][8] - The company's drug development program includes two late-stage novel small molecules: enobosarm and sabizabulin [8] Enobosarm Clinical Trials - A Phase 2b clinical trial is underway to evaluate the safety and efficacy of enobosarm at doses of 3mg and 6mg, or placebo, in approximately 150 patients with sarcopenic obesity or overweight elderly patients receiving semaglutide (Wegovy®) [1][17] - The primary endpoint of the trial is total lean body mass, with key secondary endpoints including total body fat mass and physical function measured by stair climb test at 16 weeks [1] - Following the initial trial, participants will enter a Phase 2b extension trial to assess whether enobosarm can maintain muscle and prevent fat and weight gain after discontinuing GLP-1 RA [5] Market Context - According to the CDC, 41.5% of older adults in the U.S. have obesity, with 34.4% of these patients over 60 years old suffering from sarcopenic obesity [6] - This demographic is at risk for muscle loss when taking GLP-1 RA medications, which may lead to frailty and increased mortality [6] Enobosarm's Mechanism and Previous Studies - Enobosarm is a selective androgen receptor modulator (SARM) that has shown dose-dependent increases in muscle mass and reductions in fat mass in previous studies involving older adults and cancer patients [7][16] - The expectation is that enobosarm, in combination with GLP-1 RA, could enhance fat reduction and total weight loss while preserving muscle mass [7] Safety Profile - Enobosarm has a large safety database from 27 clinical trials involving 1581 participants, indicating it is generally well tolerated with no significant gastrointestinal side effects [16]