Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Veritone Inc (NASDAQ: VERI) closed at $1.87 down -5.56% from its previous closing price of $1.98. In other words, the price has decreased by -$5.56 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
For a deeper understanding of Veritone Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 8.93 whereas as Long-Term Debt/Eq ratio is at 8.30.
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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 5.59.
Stock Price History:
Over the past 52 weeks, VERI has reached a high of $5.64, while it has fallen to a 52-week low of $1.86. The 50-Day Moving Average of the stock is -20.93%, while the 200-Day Moving Average is calculated to be -37.02%.
Shares Statistics:
A total of 45.08M shares are outstanding, with a floating share count of 36.08M. Insiders hold about 19.98% of the company’s shares, while institutions hold 24.87% stake in the company.
Earnings Estimates
The market rating of Veritone Inc (VERI) is currently shaped by the ongoing analysis conducted by 1.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.03 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.27 and -$0.53 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is -$0.13, with 3.0 analysts recommending between -$0.11 and -$0.15.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $25.2M this quarter.It ranges from a high estimate of $25.2M to a low estimate of $25.2M. As of the current estimate, Veritone Inc’s year-ago sales were $31.64MFor the next quarter, 1 analysts are estimating revenue of $28.29M. There is a high estimate of $29.08M for the next quarter, whereas the lowest estimate is $27.5M.
A total of 3 analysts have provided revenue estimates for VERI’s current fiscal year. The highest revenue estimate was $113M, while the lowest revenue estimate was $105M, resulting in an average revenue estimate of $109.86M. In the same quarter a year ago, actual revenue was $92.64MBased on 3 analysts’ estimates, the company’s revenue will be $136.99M in the next fiscal year. The high estimate is $158.53M and the low estimate is $117.7M.
