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 most optimistic price target was 100, which equates to a potential upside of -1.2 percent. The lowest price target was 74, implying a possible loss of -26.88 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.63 percent on average, compared to last month. That number becomes 1.63 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.09 percent, as compared to a month ago. 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. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of VRSN to grow at a rate of 3.95 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. VRSN has a PEG ratio of 7.2.
VRSN has traded between a high of 101.68 and a low of 74.01 over the past year. Currently the stock is 36.75 percent higher than its low, and below the high by 0.46 percent. VRSN has a price/earnings 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 market cap of VRSN is $10.25 billion. VRSN will post this quarters earnings in days, on 0000-00-00.