As of close of business last night, Veritone Inc’s stock clocked out at $4.86, up 2.97% from its previous closing price of $4.72. On the day, 1780549 shares were traded.
Ratios:
To gain a deeper understanding of VERI’s stock, we examine its different 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 3.75 whereas as Long-Term Debt/Eq ratio is at 3.54.
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, ROTH MKM on February 01, 2024, Upgraded its rating to Neutral and sets its target price to $1.85 from $2 previously.
On August 09, 2023, ROTH MKM Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $3.50 to $2.
ROTH MKM Downgraded its Buy to Neutral on June 01, 2023, whereas the target price for the stock was revised from $8 to $3.
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 Nov 17 ’23 when Steelberg Ryan bought 49,752 shares for $2.05 per share. The transaction valued at 101,992 led to the insider holds 215,174 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 4.74.
Stock Price History:
Over the past 52 weeks, VERI has reached a high of $7.76, while it has fallen to a 52-week low of $1.48.
Shares Statistics:
A total of 37.19M shares are outstanding, with a floating share count of 32.65M. Insiders hold about 12.07% of the company’s shares, while institutions hold 37.26% stake in the company.
Earnings Estimates
As of right now, VERS analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $39.72, with high estimates of $12.58 and low estimates of $1.52.
Analysts are recommending an EPS of between $Communication Services and $Healthcare for the fiscal current year, implying an average EPS of $Communication Services.
