NASDAQ:VCELVericel Stock Price, Forecast & News

Vericel's stock was trading at $12.08 on March 11th, 2020 when 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) announced its quarterly earnings results on Tuesday, May, 5th. The biotechnology company reported ($0.10) EPS for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.02. The biotechnology company had revenue of $26.70 million for the quarter, compared to analyst estimates of $26.23 million. Vericel had a positive return on equity of 5.87% and a negative net margin of 9.39%. The company's revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.07) earnings per share. View Vericel's earnings history.

Vericel updated its first quarter 2020 IntraDay earnings guidance on Thursday, April, 2nd. The company provided earnings per share (EPS) 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 analysts have issued 1 year target prices for Vericel's shares. Their forecasts range from $21.00 to $32.00. On average, they anticipate Vericel's share price to reach $24.25 in the next twelve months. This suggests a possible upside of 68.6% from the stock's current price. View analysts' price targets for Vericel.

News headlines about VCEL stock have been trending extremely positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Vericel earned a news sentiment score of 5.0 on InfoTrie's scale. They also assigned media coverage about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutVericel.

Some companies that are related to Vericel include Alector (ALEC), Fate Therapeutics (FATE), Bill.com (RVMD), Sangamo Therapeutics (SGMO), SpringWorks Therapeutics (SWTX), Adverum Biotechnologies (ADVM), Twist Bioscience (TWST), Mesoblast (MESO), Editas Medicine (EDIT), Adaptimmune Therapeutics (ADAP), I-Mab (BDTX), Regenxbio (RGNX), Cortexyme (CRTX), Coherus Biosciences (CHRS) and Beam Therapeutics (BEAM). 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 a variety of retail and institutional investors. Top institutional investors 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 purchased 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 $648.70 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]