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.
Several price targets were given for VRSN by the analysts covering the stock. The highest price target was 100, implying a possible profit of -1.2 percent. The most pessimistic analyst gave a price target of 74, implying potential capital losses of -26.88 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Meanwhile, fiscal year estimates have been revised upwards by 1.09 percent, compared to last month. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of VRSN's earnings is estimated by analysts to be 3.95 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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 a 52-week high of 101.68 and a 52-week low of 74.01. The current market price is above the trailing year's low by 36.75 percent, and 0.46 percent below the 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 market cap of VRSN is $10.25 billion. VRSN will post this quarters earnings in days, on 0000-00-00.