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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Verisign Inc. (NASDAQ: VRSN) closed at $178.77 down -0.17% from its previous closing price of $179.07. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 0.85 million shares were traded. VRSN stock price reached its highest trading level at $180.18 during the session, while it also had its lowest trading level at $178.33.
Ratios:
For a deeper understanding of Verisign Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.17. 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 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 15 ’24 when Indelicarto Thomas C sold 1,228 shares for $190.00 per share. The transaction valued at 233,320 led to the insider holds 33,593 shares of the business.
THOMAS C INDELICARTO bought 1,228 shares of VRSN for $233,320 on Oct 15 ’24. On Sep 27 ’24, another insider, Indelicarto Thomas C, who serves as the EVP, Gen Counsel & Secretary of the company, sold 2,456 shares for $190.00 each. As a result, the insider received 466,640 and left with 34,821 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 17216337920 and an Enterprise Value of 18336997376. As of this moment, Verisign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.80, and their Forward P/E ratio for the next fiscal year is 20.92. 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 11.889 whereas that against EBITDA is 16.835.
Stock Price History:
Over the past 52 weeks, VRSN has reached a high of $220.91, while it has fallen to a 52-week low of $167.04. The 50-Day Moving Average of the stock is -2.80%, while the 200-Day Moving Average is calculated to be -2.97%.
Shares Statistics:
For the past three months, VRSN has traded an average of 643.98K shares per day and 706200 over the past ten days. A total of 101.30M shares are outstanding, with a floating share count of 95.15M. Insiders hold about 0.98% of the company’s shares, while institutions hold 95.55% stake in the company. Shares short for VRSN as of 1728950400 were 2098104 with a Short Ratio of 3.26, compared to 1726185600 on 2122616. Therefore, it implies a Short% of Shares Outstanding of 2098104 and a Short% of Float of 3.4099999999999997.