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VerifyMe (VRME)
NASDAQ:VRME
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VRME Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.58 - $5.00
Previous CloseN/A
Volume49.12M
Average Volume (3M)12.46M
Market Cap
$45.15M
Enterprise Value$15.00M
Total Cash (Recent Filing)$22.64K
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta0.12
Next Earnings
Mar 17, 2025EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.32
Shares Outstanding10,499,541
10 Day Avg. Volume24,242,993
30 Day Avg. Volume12,458,427
Standard Deviation0.23
R-Squared0.01
Alpha0.00158
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.79
Price to Cash Flow (P/CF)-1128.70
P/FCF Ratio0.00
Enterprise Value/Market Cap0.33
Enterprise Value/Revenue0.68
Enterprise Value/Gross Profit1.67
Enterprise Value/Ebitda-5.23
Forecast
1Y Price Target
$2.25Price Target Upside-37.50% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering2
VerifyMe News
PremiumCompany Announcements
VerifyMe’s Q3 2024 Results Highlight Strategic Shift
PremiumCompany Announcements
VerifyMe Announces Strategic Shift and Business Closure Plans
PremiumCompany Announcements
VerifyMe: Unveiling Earnings Call Insights for InvestorsBulls Say, Bears Say
Bulls Say
Business ExpansionThe company increased its number of new customers in the PL proactive business line by 6%.
Financial PerformanceAdjusted EPS and adjusted EBITDA exceeded expectations, contributing to the maintained OUTPERFORM rating.
Operational EfficiencyG&A expenses were significantly lower than estimated, which positively impacted the company's financial performance.
Bears Say
Asset ImpairmentA goodwill and intangible asset impairment charge of $2.3 million was incurred, affecting the Authentication segment.
Business StrategyManagement plans to discontinue or divest the Trust Codes business and will no longer pursue a relationship with Amazon's Transparency sales business.
Financial PerformanceManagement lowered 2024 revenue guidance due to continued industry headwinds and strategic realignment of a customer contract.
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Ownership Overview
18.61% Insiders
2.69% Mutual Funds
2.09% Other Institutional Investors
74.46% 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 $0.58 and its highest was $5.00 in the past 12 months.
What is VerifyMe’s market cap?
VerifyMe’s market cap is $45.15M.
When is VerifyMe’s upcoming earnings report date?
VerifyMe’s upcoming earnings report date is Mar 17, 2025 which is in 55 days.
How were VerifyMe’s earnings last quarter?
VerifyMe released its earnings results on Nov 12, 2024. The company reported -$0.062 earnings per share for the quarter, beating the consensus estimate of -$0.105 by $0.043.
Is VerifyMe overvalued?
According to Wall Street analysts VerifyMe’s price is currently Overvalued.
Does VerifyMe pay dividends?
VerifyMe does not currently pay dividends.
What is VerifyMe’s EPS estimate?
VerifyMe’s EPS estimate is -0.04.
How many shares outstanding does VerifyMe have?
VerifyMe has 10,499,541 shares outstanding.
What happened to VerifyMe’s price movement after its last earnings report?
VerifyMe reported an EPS of -$0.062 in its last earnings report, beating expectations of -$0.105. Following the earnings report the stock price went down -15.2%.
Which hedge fund is a major shareholder of VerifyMe?
Among the largest hedge funds holding VerifyMe’s share is Gotham Asset Management LLC. It holds VerifyMe’s shares valued at 130K.
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VerifyMe Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$2.25 (-37.50% Downside)
$2.25 (-37.50% Downside)
Blogger Sentiment
Bullish
VRME Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 22.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $38.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
252.94%
12-Months-Change
Fundamentals
Return on Equity
-29.95%
Trailing 12-Months
Asset Growth
-21.15%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presents a mixed picture with growth in the Precision Logistics segment and improved adjusted EBITDA, but significant challenges in the Authentication segment leading to revenue decline and asset impairment charges. The decision to exit the underperforming segment and redirect resources is aimed at future growth, though current results are impacted negatively.Read More>---
VRME Stock 12 Month Forecast
Average Price Target
$2.25
▼(-37.50% Downside)
Technical Analysis
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Best Analysts Covering VRME
1 Year
1 Year Success Rate
8/21 ratings generated profit
1 Year Average Return
+35.86%
reiterated a buy rating 2 months ago
Copying Jack Vander Aarde's trades and holding each position for 1 Year would result in 38.10% of your transactions generating a profit, with an average return of +35.86% per trade.
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