NASDAQ:VCELVericel Stock Price, Forecast & News

Vericel's stock was trading at $12.08 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, VCEL stock has increased by 19.0% and is now trading at $14.38. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vericel in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Vericel.

Vericel is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Vericel.

Vericel Corp (NASDAQ:VCEL) issued its quarterly earnings results on Tuesday, May, 5th. The biotechnology company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by $0.02. The biotechnology company had revenue of $26.70 million for the quarter, compared to the consensus estimate of $26.23 million. Vericel had a positive return on equity of 5.87% and a negative net margin of 9.39%. The business's revenue was up 22.5% on a year-over-year basis. During the same period last year, the business earned ($0.07) EPS. View Vericel's earnings history.

Vericel issued an update on its first quarter 2020 IntraDay earnings guidance on Thursday, April, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $26.39-26.39 million, compared to the consensus revenue estimate of $26.61 million.

5 equities research analysts have issued 1 year price targets for Vericel's stock. Their forecasts range from $21.00 to $32.00. On average, they expect Vericel's stock price to reach $24.25 in the next year. This suggests a possible upside of 68.6% from the stock's current price. View analysts' price targets for Vericel.

Press coverage about VCEL stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Vericel earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned headlines about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutVericel.

Some companies that are related to Vericel include Fate Therapeutics (FATE), Bill.com (RVMD), Adverum Biotechnologies (ADVM), Sangamo Therapeutics (SGMO), SpringWorks Therapeutics (SWTX), Twist Bioscience (TWST), Mesoblast (MESO), Editas Medicine (EDIT), Regenxbio (RGNX), I-Mab (BDTX), Cortexyme (CRTX), Coherus Biosciences (CHRS), Beam Therapeutics (BEAM), Translate Bio (TBIO) and NanoString Technologies (NSTG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Vericel investors own include Exelixis (EXEL), Momo (MOMO), Novavax (NVAX), Amarin (AMRN), Synergy Pharmaceuticals (SGYP), Dynavax Technologies (DVAX), NVIDIA (NVDA), Verastem (VSTM), Sorrento Therapeutics (SRNE) and TG Therapeutics (TGTX).

Vericel trades on the NASDAQ under the ticker symbol "VCEL."

Vericel's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.51%), Waddell & Reed Financial Inc. (7.24%), State Street Corp (3.96%), UBS Group AG (3.28%), Wells Fargo & Company MN (2.15%) and Nuveen Asset Management LLC (1.74%). Company insiders that own Vericel stock include Dominick Colangelo, Gerard J Michel, Michael Halpin, Paul K Wotton and Steven C Gilman. View institutional ownership trends for Vericel.

VCEL stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Emerald Mutual Fund Advisers Trust, First Washington CORP, Fort Washington Investment Advisors Inc. OH, Calamos Advisors LLC, Russell Investments Group Ltd., Parametric Portfolio Associates LLC, and AQR Capital Management LLC. Company insiders that have sold Vericel company stock in the last year include Dominick Colangelo, Gerard J Michel, and Michael Halpin. View insider buying and selling activity for Vericel.

VCEL stock was bought by a variety of institutional investors in the last quarter, including UBS Group AG, Waddell & Reed Financial Inc., Granahan Investment Management Inc. MA, Silvercrest Asset Management Group LLC, Soleus Capital Management L.P., Wells Fargo & Company MN, BlackRock Inc., and Millrace Asset Group Inc.. View insider buying and selling activity for Vericel.

Shares of VCEL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of VCEL stock can currently be purchased for approximately $14.38.

Vericel has a market capitalization of $648.68 million and generates $117.85 million in revenue each year. The biotechnology company earns $-9,660,000.00 in net income (profit) each year or $0.18 on an earnings per share basis. Vericel employs 216 workers across the globe.

The official website for Vericel is www.vcel.com.

Vericel's mailing address is 64 SIDNEY STREET, CAMBRIDGE MA, 02139. The biotechnology company can be reached via phone at 617-588-5555 or via email at [email protected]