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, implying potential capital gains of -1.2 percent. The lowest price target was 74, implying a possible loss of -26.88 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.05 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of VRSN's earnings is estimated by analysts to be 3.95 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 36.75 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.