Analyst Ratings for VeriSign Inc. (VRSN)Updated: 2017-07-26
Analysts covering VeriSign Inc. (NASDAQ:VRSN) have given it a consensus rating of Hold. Last month, VRSN received an average rating of Hold.
A buy rating was issued by 0 analysts, 0 issued an overweight rating, 4 issued a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for VRSN. The maximum price target given was 100, which equates to a potential upside of -1.2 percent. The minimum price target given was 74, implying a possible loss of -26.88 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.63 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.63 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.09 percent. If we look at the last 90 days instead, we find a net average change of 2.05 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of VRSN to grow at a rate of 3.95 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of VRSN is 7.2.
VRSN has a 52-week high of 101.68 and a 52-week low of 74.01. Currently the stock is 36.75 percent higher than its low, and 0.46 percent lower than its 52-week high. VRSN has a P/E ratio of 28.45. Investors typically compare the P/E ratio to a company's peers in the industry. The VRSN value stock report compares VRSN to some of its peers using value stock charts. The stock has a market capitalization of $10.25 billion. VRSN will post this quarters earnings in days, on 0000-00-00.