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.
Many analysts weighed in on price targets for VRSN. The maximum price target given was 100, implying a possible profit 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.63 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.63 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.09 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.05 percent.
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 made negative revisions. 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.
VRSN has an estimated earnings growth rate of 3.95 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of VRSN is 7.2.
VRSN has traded between a high of 101.68 and a low of 74.01 over the past year. 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.