Venus Concept (VERO) Expected to Announce Earnings on Tuesday

Venus Concept (NASDAQ:VERO) is projected to announce its results before the market opens on Tuesday, March 31st. Analysts expect the company to announce earnings of ($3.93) per share and revenue of $15.0070 million for the quarter.

Venus Concept Stock Down 13.3%

Shares of VERO traded down $0.05 during midday trading on Wednesday, reaching $0.30. 33,365 shares of the stock were exchanged, compared to its average volume of 6,301,072. The company has a market cap of $428,624.00, a price-to-earnings ratio of -0.01 and a beta of 0.06. The company has a quick ratio of 0.59, a current ratio of 0.90 and a debt-to-equity ratio of 1.59. Venus Concept has a 12-month low of $0.25 and a 12-month high of $14.50. The firm has a 50 day simple moving average of $1.09 and a 200-day simple moving average of $1.70.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Venus Concept in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

About Venus Concept

Venus Concept Ltd. (NASDAQ: VERO) is a Canada-based medical aesthetic device company that designs, develops and commercializes minimally and noninvasive solutions for face and body rejuvenation. The company’s core product portfolio leverages proprietary technologies such as multi-polar radio frequency, pulsed electromagnetic fields and intense pulsed light to offer treatments for skin tightening, body contouring, wrinkle reduction and vascular lesion removal.

Among its flagship offerings are the Venus Legacy platform, which combines radio frequency and electromagnetic pulses for cellulite reduction and circumferential reduction, and the Venus Versa system, a multi-application device for facial revitalization, acne treatment, hair removal and photorejuvenation.