Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $3.02 in the prior trading day, Veritone Inc (NASDAQ: VERI) closed at $2.74, down -9.27%. In other words, the price has decreased by -$9.27 from its previous closing price. On the day, 3.37 million shares were traded. VERI stock price reached its highest trading level at $3.05 during the session, while it also had its lowest trading level at $2.69.
Ratios:
Our goal is to gain a better understanding of VERI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 96.43 whereas as Long-Term Debt/Eq ratio is at 89.43.
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 this company, Ladenburg Thalmann on March 17, 2025, initiated with a Buy rating and assigned the stock a target price of $6.
On February 03, 2025, D. Boral Capital started tracking the stock assigning a Buy rating and target price of $4.50.D. Boral Capital initiated its Buy rating on February 03, 2025, with a $4.50 target price.
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 Dec 13 ’24 when Steelberg Chad sold 504,657 shares for $2.52 per share. The transaction valued at 1,269,212 led to the insider holds 31,861 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VERI now has a Market Capitalization of 130377696 and an Enterprise Value of 255523760. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 107.03. Its current Enterprise Value per Revenue stands at 2.811 whereas that against EBITDA is -4.271.
Stock Price History:
The Beta on a monthly basis for VERI is 3.04, which has changed by -0.10163933 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, VERI has reached a high of $5.64, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 48.58%, while the 200-Day Moving Average is calculated to be 11.46%.
Shares Statistics:
The stock has traded on average 1.88M shares per day over the past 3-months and 2502760 shares per day over the last 10 days, according to various share statistics. A total of 47.58M shares are outstanding, with a floating share count of 44.35M. Insiders hold about 19.76% of the company’s shares, while institutions hold 19.78% stake in the company. Shares short for VERI as of 1753920000 were 6035232 with a Short Ratio of 3.21, compared to 1751241600 on 6147005. Therefore, it implies a Short% of Shares Outstanding of 6035232 and a Short% of Float of 15.06.
Earnings Estimates
The dynamic stock of Veritone Inc (VERI) is currently being evaluated by a team of 4.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.01 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.5 and -$0.6 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is -$0.12, with 4.0 analysts recommending between -$0.04 and -$0.22.
Revenue Estimates
4 analysts predict $28.69M in revenue for the current quarter. It ranges from a high estimate of $29.3M to a low estimate of $28.02M. As of the current estimate, Veritone Inc’s year-ago sales were $21.99MFor the next quarter, 4 analysts are estimating revenue of $33.02M. There is a high estimate of $35M for the next quarter, whereas the lowest estimate is $31.54M.
A total of 4 analysts have provided revenue estimates for VERI’s current fiscal year. The highest revenue estimate was $110.48M, while the lowest revenue estimate was $106.03M, resulting in an average revenue estimate of $108.19M. In the same quarter a year ago, actual revenue was $92.64MBased on 4 analysts’ estimates, the company’s revenue will be $133.03M in the next fiscal year. The high estimate is $154.61M and the low estimate is $118.36M.
