|Bid||26.00 x 1000|
|Ask||35.97 x 800|
|Day's range||27.84 - 30.59|
|52-week range||22.42 - 60.24|
|Beta (5Y monthly)||1.93|
|PE ratio (TTM)||6,106.00|
|Earnings date||22 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||46.80|
The average of price targets set by Wall Street analysts indicates a potential upside of 52.8% in Vericel Corporation (VCEL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Welcome to Vericel's second quarter 2022 conference call to discuss our financial results and business highlights. Please note that a copy of our financial results press release and a short presentation with highlights in today's call are available on the Investor Relations section of our website. Thank you, Eric, and good morning, everyone.
Vericel Corporation (VCEL) delivered earnings and revenue surprises of -46.15% and 3.27%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?