HC Wainwright Increases Versus Systems (NASDAQ:VS) Price Target to $3.00

Versus Systems (NASDAQ:VS) had its price target upped by HC Wainwright from $1.50 to $3.00 in a research note issued to investors on Tuesday, Benzinga reports. HC Wainwright currently has a neutral rating on the stock. HC Wainwright also issued estimates for Versus Systems’ Q3 2024 earnings at ($0.49) EPS, FY2024 earnings at ($2.17) EPS and FY2025 earnings at ($1.72) EPS.

Versus Systems Price Performance

VS opened at $2.43 on Tuesday. The firm has a 50-day simple moving average of $1.57 and a two-hundred day simple moving average of $1.52. Versus Systems has a 52 week low of $1.00 and a 52 week high of $9.59.

Versus Systems (NASDAQ:VS) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of ($0.50) by ($0.04). Versus Systems had a negative net margin of 8,703.52% and a negative return on equity of 255.40%. The firm had revenue of $0.03 million for the quarter, compared to the consensus estimate of $0.05 million. As a group, equities research analysts anticipate that Versus Systems will post -2.13 EPS for the current fiscal year.

Versus Systems Company Profile

Versus Systems Inc develops and operates a business-to-business software platform in the United States and Canada. The company offers eXtreme Engagement Online platform that is designed primarily for in-venue main-board work in stadiums and arenas; Filter Fan Cam (FFC) platform, an augmented reality filtering tool that can be used for mobile and in-venue applications; and Winfinite, which allows brands, media companies, and advertising agencies to reach out to customers directly on their mobile devices.