Balance Sheet Dive: Verisign Inc. (VRSN)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $169.73 in the prior trading day, Verisign Inc. (NASDAQ: VRSN) closed at $169.25, down -0.28%. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 0.99 million shares were traded. VRSN stock price reached its highest trading level at $170.46 during the session, while it also had its lowest trading level at $168.51.

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 18.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 0.81.

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 July 11, 2023, Downgraded its rating to Neutral and sets its target price to $245 from $265 previously.

On December 15, 2022, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $216 to $265.

On December 13, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $243.Citigroup initiated its Buy rating on December 13, 2022, with a $243 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 May 10 ’24 when Buchalter Yehuda Ari sold 734 shares for $170.01 per share. The transaction valued at 124,791 led to the insider holds 2,927 shares of the business.

Buchalter Yehuda Ari sold 866 shares of VRSN for $147,232 on May 09 ’24. The Director now owns 3,661 shares after completing the transaction at $170.01 per share. On May 07 ’24, another insider, Buchalter Yehuda Ari, who serves as the Director of the company, sold 1 shares for $170.00 each. As a result, the insider received 170 and left with 4,527 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 16857299968 and an Enterprise Value of 17728299008. As of this moment, Verisign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.81, and their Forward P/E ratio for the next fiscal year is 19.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.14. Its current Enterprise Value per Revenue stands at 11.717 whereas that against EBITDA is 16.717.

Stock Price History:

The Beta on a monthly basis for VRSN is 0.91, which has changed by -0.25084102 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, VRSN has reached a high of $229.72, while it has fallen to a 52-week low of $167.04. The 50-Day Moving Average of the stock is -7.84%, while the 200-Day Moving Average is calculated to be -15.03%.

Shares Statistics:

The stock has traded on average 685.60K shares per day over the past 3-months and 748360 shares per day over the last 10 days, according to various share statistics. A total of 101.30M shares are outstanding, with a floating share count of 98.72M. Insiders hold about 0.89% of the company’s shares, while institutions hold 94.82% stake in the company. Shares short for VRSN as of 1714435200 were 1735030 with a Short Ratio of 2.53, compared to 1711584000 on 1747744. Therefore, it implies a Short% of Shares Outstanding of 1735030 and a Short% of Float of 2.6800001.

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.

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