Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase 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
As of close of business last night, Verisign Inc.’s stock clocked out at $177.77, up 1.62% from its previous closing price of $174.93. In other words, the price has increased by $1.62 from its previous closing price. On the day, 0.68 million shares were traded. VRSN stock price reached its highest trading level at $179.18 during the session, while it also had its lowest trading level at $175.9885.
Ratios:
To gain a deeper understanding of VRSN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.64.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 29 ’24 when TOMLINSON TIMOTHY sold 1,408 shares for $186.45 per share. The transaction valued at 262,520 led to the insider holds 15,000 shares of the business.
Indelicarto Thomas C sold 3,684 shares of VRSN for $699,960 on Jul 29 ’24. The EVP, Gen Counsel & Secretary now owns 37,774 shares after completing the transaction at $190.00 per share. On Jul 29 ’24, another insider, TOMLINSON TIMOTHY, who serves as the Officer of the company, bought 1,408 shares for $186.45 each.
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 17350352896 and an Enterprise Value of 18186168320. As of this moment, Verisign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.27, and their Forward P/E ratio for the next fiscal year is 20.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.35. Its current Enterprise Value per Revenue stands at 11.901 whereas that against EBITDA is 16.902.
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 -0.58%, while the 200-Day Moving Average is calculated to be -6.66%.
Shares Statistics:
It appears that VRSN traded 742.08K shares on average per day over the past three months and 785120 shares per day over the past ten days. A total of 101.30M shares are outstanding, with a floating share count of 96.63M. Insiders hold about 0.99% of the company’s shares, while institutions hold 94.09% stake in the company. Shares short for VRSN as of 1722384000 were 1449027 with a Short Ratio of 1.95, compared to 1719532800 on 2033057. Therefore, it implies a Short% of Shares Outstanding of 1449027 and a Short% of Float of 2.31.
