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VerifyMe (VRME)
NASDAQ:VRME
VerifyMe (VRME) Stock Price & Analysis
138 Followers
VRME Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.85 - $2.45
Previous Close$1.35
Volume16.76K
Average Volume (3M)38.34K
Market Cap
$13.74M
Enterprise Value$16.22M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.48M
Price to Earnings (P/E)―
Beta0.71
Next Earnings
Aug 14, 2024EPS Estimate
-$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.24
Shares Outstanding10,176,603
10 Day Avg. Volume25,810
30 Day Avg. Volume38,338
Standard Deviation0.22
R-Squared0.02
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-29.69
Price to Sales (P/S)0.61
Price to Cash Flow (P/CF)-28.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.62
Enterprise Value/Gross Profit1.80
Enterprise Value/Ebitda1.04
Forecast
1Y Price Target
$2.85Price Target Upside120.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
VerifyMe News
PremiumCompany Announcements
VerifyMe Executives Accept Pay Cut for Stock Awards until 2025
PremiumCompany Announcements
VerifyMe Announces Curt Kole’s Departure and Role Terminations
PremiumCompany Announcements
VerifyMe Earnings Call and Financial Update Webcast
PremiumPre-Earnings
VerifyMe (VRME) Q1 Earnings Cheat SheetBulls Say, Bears Say
Bulls Say
Financial PerformanceVerifyMe, Inc. reported better-than-expected 1Q24 results with revenue of $5.8M and positive adjusted EBITDA.
Growth StrategyManagement expects its investments in sales and marketing resources to drive above-market growth.
Strategic PartnershipsVerifyMe plans to improve its strategic alignment with FedEx to enable a go-to-market strategy, which will accelerate VerifyMe’s organic growth.
Bears Say
Authentication SegmentAuthentication segment revenue declined 41.3% compared to the same period in the previous fiscal year.
Gross MarginVerifyMe reduced its expectations for gross margin for the year, though the company remains hopeful that gross margin overall will show some modest improvement in FY/24 versus FY/23.
Revenue GrowthManagement reduced 2024 revenue growth guidance to 'mid-single digits', from 'double-digit'.
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Ownership Overview
56.65% Insiders
2.72% Mutual Funds
3.30% Other Institutional Investors
37.33% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
VRME FAQ
What was VerifyMe’s price range in the past 12 months?
VerifyMe lowest stock price was $0.85 and its highest was $2.45 in the past 12 months.
What is VerifyMe’s market cap?
Currently, no data Available
When is VerifyMe’s upcoming earnings report date?
VerifyMe’s upcoming earnings report date is Aug 14, 2024 which is in 24 days.
How were VerifyMe’s earnings last quarter?
VerifyMe released its earnings results on May 14, 2024. The company reported -$0.063 earnings per share for the quarter, beating the consensus estimate of -$0.1 by $0.037.
Is VerifyMe overvalued?
According to Wall Street analysts VerifyMe’s price is currently Undervalued.
Does VerifyMe pay dividends?
VerifyMe does not currently pay dividends.
What is VerifyMe’s EPS estimate?
VerifyMe’s EPS estimate is -$0.1.
How many shares outstanding does VerifyMe have?
VerifyMe has 10,176,603 shares outstanding.
What happened to VerifyMe’s price movement after its last earnings report?
VerifyMe reported an EPS of -$0.063 in its last earnings report, beating expectations of -$0.1. Following the earnings report the stock price went down -0.592%.
Which hedge fund is a major shareholder of VerifyMe?
Among the largest hedge funds holding VerifyMe’s share is Cruiser Capital Advisors, Llc. It holds VerifyMe’s shares valued at N/A.
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VerifyMe Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$2.85 (120.93% Upside)
$2.85 (120.93% Upside)
Blogger Sentiment
Bullish
VRME Sentiment 100%
Sector Average 68%
Sector Average 68%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.74%
12-Months-Change
Fundamentals
Return on Equity
-18.64%
Trailing 12-Months
Asset Growth
-7.82%
Trailing 12-Months
Company Description
VerifyMe
VerifyMe, Inc. engages in the provision of digital and physical solutions. It is able to deliver security solutions for identification and authentication of people, products and packaging in a variety of applications in the security field for physical transactions and owns digital patents which are in the same field. The company was founded by Norman A. Gardner on November 10, 1999 and is headquartered in Rochester, NY.
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VRME Company Deck
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VRME Earnings Call
Q1 2024
0:00 / 0:00
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VRME Stock 12 Month Forecast
Average Price Target
$2.85
▲(120.93% Upside)
Technical Analysis
Best Analysts Covering VRME
1 Year
1 Year Success Rate
5/19 ratings generated profit
1 Year Average Return
-20.37%
reiterated a buy rating 2 months ago
Copying Jack Vander Aarde's trades and holding each position for 1 Year would result in 26.32% of your transactions generating a profit, with an average return of -20.37% per trade.
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