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

Versus Systems (NASDAQ:VS) had its price objective hoisted by HC Wainwright from $1.50 to $3.00 in a research report released 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 Stock Performance

NASDAQ VS opened at $2.64 on Tuesday. Versus Systems has a 52-week low of $1.00 and a 52-week high of $9.59. The company has a 50-day simple moving average of $1.52 and a 200 day simple moving average of $1.51.

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

About Versus Systems

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.