Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Veritone Inc (NASDAQ: VERI) was $2.14 for the day, down -3.60% from the previous closing price of $2.22. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 1.2 million shares were traded. VERI stock price reached its highest trading level at $2.185 during the session, while it also had its lowest trading level at $2.05.
Ratios:
Our analysis of VERI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 8.40 whereas as Long-Term Debt/Eq ratio is at 7.51.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VERI now has a Market Capitalization of 101762784 and an Enterprise Value of 200346576. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 6.51. Its current Enterprise Value per Revenue stands at 2.203 whereas that against EBITDA is -3.279.
Stock Price History:
The Beta on a monthly basis for VERI is 2.82, which has changed by -0.048888862 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, VERI has reached a high of $5.64, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 24.87%, while the 200-Day Moving Average is calculated to be -14.92%.
Shares Statistics:
VERI traded an average of 1.62M shares per day over the past three months and 3839940 shares per day over the past ten days. A total of 44.86M shares are outstanding, with a floating share count of 43.33M. Insiders hold about 19.76% of the company’s shares, while institutions hold 20.06% stake in the company. Shares short for VERI as of 1752537600 were 3679935 with a Short Ratio of 2.28, compared to 1749772800 on 5311240. Therefore, it implies a Short% of Shares Outstanding of 3679935 and a Short% of Float of 9.1800004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of Veritone Inc (VERI) reflects the combined expertise of 3.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.08 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.46 and -$0.63 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is -$0.13, with 4.0 analysts recommending between -$0.06 and -$0.25.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $23.78M to a low estimate of $23.15M. As of the current estimate, Veritone Inc’s year-ago sales were $30.99MFor the next quarter, 4 analysts are estimating revenue of $27.72M. There is a high estimate of $29.49M for the next quarter, whereas the lowest estimate is $25.44M.
A total of 4 analysts have provided revenue estimates for VERI’s current fiscal year. The highest revenue estimate was $108.71M, while the lowest revenue estimate was $99.98M, resulting in an average revenue estimate of $105.71M. In the same quarter a year ago, actual revenue was $92.64MBased on 4 analysts’ estimates, the company’s revenue will be $130.01M in the next fiscal year. The high estimate is $152.13M and the low estimate is $111.97M.
