Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $207.13 in the prior trading day, Verisign Inc (NASDAQ: VRSN) closed at $206.65, down -0.23%. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 0.63 million shares were traded. VRSN stock price reached its highest trading level at $207.54 during the session, while it also had its lowest trading level at $205.37.
Ratios:
Our goal is to gain a better understanding of VRSN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.47.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on December 09, 2024, Upgraded its rating to Outperform and sets its target price to $250 from $200 previously.
On July 11, 2023, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $265 to $245.
Robert W. Baird Upgraded its Neutral to Outperform on December 15, 2022, whereas the target price for the stock was revised from $216 to $265.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 03 ’25 when BERKSHIRE HATHAWAY INC bought 12,544 shares for $204.63 per share. The transaction valued at 2,566,844 led to the insider holds 13,289,880 shares of the business.
BERKSHIRE HATHAWAY INC bought 5,879 shares of VRSN for $1,204,271 on Jan 02 ’25. The 10% Owner now owns 13,277,336 shares after completing the transaction at $204.84 per share. On Dec 31 ’24, another insider, BERKSHIRE HATHAWAY INC, who serves as the 10% Owner of the company, bought 1,621 shares for $204.83 each. As a result, the insider paid 332,027 and bolstered with 13,271,457 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VRSN now has a Market Capitalization of 19859064832 and an Enterprise Value of 21016264704. As of this moment, Verisign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.04, and their Forward P/E ratio for the next fiscal year is 24.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.88. Its current Enterprise Value per Revenue stands at 13.626 whereas that against EBITDA is 19.295.
Stock Price History:
The Beta on a monthly basis for VRSN is 0.89, which has changed by 0.0197922 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, VRSN has reached a high of $213.68, while it has fallen to a 52-week low of $167.04. The 50-Day Moving Average of the stock is 5.27%, while the 200-Day Moving Average is calculated to be 12.31%.
Shares Statistics:
The stock has traded on average 693.59K shares per day over the past 3-months and 715490 shares per day over the last 10 days, according to various share statistics. A total of 96.40M shares are outstanding, with a floating share count of 95.12M. Insiders hold about 1.02% of the company’s shares, while institutions hold 96.45% stake in the company. Shares short for VRSN as of 1735603200 were 1887241 with a Short Ratio of 2.72, compared to 1732838400 on 1569057. Therefore, it implies a Short% of Shares Outstanding of 1887241 and a Short% of Float of 3.08.
Dividends & Splits
The current Payout Ratio is 0.00% for VRSN, which recently paid a dividend on 2011-05-05 with an ex-dividend date of 1304553600. Stock splits for the company last occurred on 1999-12-07 when the company split stock in a 2:1 ratio.
Earnings Estimates
The stock of Verisign Inc (VRSN) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $2.08, with high estimates of $2.08 and low estimates of $2.08.
Analysts are recommending an EPS of between $8.05 and $8.0 for the fiscal current year, implying an average EPS of $8.03. EPS for the following year is $8.68, with 3.0 analysts recommending between $8.82 and $8.54.
Revenue Estimates
2 analysts predict $394.15M in revenue for the current quarter. It ranges from a high estimate of $394.66M to a low estimate of $393.65M. As of the current estimate, Verisign Inc’s year-ago sales were $380.4MFor the next quarter, 2 analysts are estimating revenue of $395.49M. There is a high estimate of $396.37M for the next quarter, whereas the lowest estimate is $394.62M.
A total of 4 analysts have provided revenue estimates for VRSN’s current fiscal year. The highest revenue estimate was $1.56B, while the lowest revenue estimate was $1.56B, resulting in an average revenue estimate of $1.56B. In the same quarter a year ago, actual revenue was $1.49BBased on 4 analysts’ estimates, the company’s revenue will be $1.61B in the next fiscal year. The high estimate is $1.62B and the low estimate is $1.6B.
