With 0.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.96 million shares. The 52-week range on VRSN shows that it touched its highest point at $288.95 and its lowest point at $168.79 during that stretch. It currently has a 1-year price target of $308.00. With its current market cap of 26.47 billion, VRSN has annualized dividend of $0.77 while the current yield stands at 0.27%. Beta for the stock currently stands at 0.79.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VRSN was up-trending over the past week, with a rise of 0.08%, but this was up by 12.13% over a month. Three-month performance surged to 21.56% while six-month performance rose 57.29%. The stock gained 63.28% in the past year, while it has gained 36.19% so far this year. A look at the trailing 12-month EPS for VRSN yields 8.18 with Next year EPS estimates of 9.41. For the next quarter, that number is 2.20. This implies an EPS growth rate of 9.82% for this year and 7.15% for next year. EPS is expected to grow by 10.88% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.22%.
Float and Shares Shorts:
At present, 94.10 million VRSN shares are outstanding with a float of 92.90 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VRSN since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.03171 being high and $7.98372 being low. For VRSN, this leads to a yearly average estimate of $7.99916. Based on analyst estimates, the high estimate for the next quarter is $2.23 and the low estimate is $2.23. The average estimate for the next quarter is thus $2.23.
