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VerifyMe (VRME)
NASDAQ:VRME
VRME Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.58 - $5.00
Previous CloseN/A
Volume49.12M
Average Volume (3M)8.92M
Market Cap
$11.82M
Enterprise Value$15.00M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta-0.08
Next Earnings
Mar 17, 2025EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.32
Shares Outstanding12,354,772
10 Day Avg. Volume665,958
30 Day Avg. Volume8,917,028
Standard Deviation0.21
R-Squared0.02
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.42
Price to Cash Flow (P/CF)-262.50
P/FCF Ratio0.00
Enterprise Value/Market Cap1.27
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit1.67
Enterprise Value/Ebitda-7.92
Forecast
1Y Price Target
$1.50Price Target Upside59.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering0
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VerifyMe News
PremiumCompany Announcements
VerifyMe’s Q3 2024 Results Highlight Strategic Shift
PremiumCompany Announcements
VerifyMe Announces Strategic Shift and Business Closure Plans
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Bulls Say, Bears Say
Bulls Say
Business GrowthThe 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.
Revenue GuidanceManagement lowered 2024 revenue guidance due to continued industry headwinds and strategic realignment of a customer contract.
Revenue ReductionThe revenue guidance for FY/24 was reduced due to a slowdown in shipments to existing customers.
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Ownership Overview
15.82% Insiders
2.30% Mutual Funds
1.03% Other Institutional Investors
79.98% 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 $11.82M.
When is VerifyMe’s upcoming earnings report date?
VerifyMe’s upcoming earnings report date is Mar 17, 2025 which is in 23 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 Undervalued.
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 12,354,772 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?
Currently, no hedge funds are holding shares in VRME
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VerifyMe Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$1.50 (59.57% Upside)
$1.50 (59.57% Upside)
Blogger Sentiment
Bullish
VRME Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 90.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $37.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.46%
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
$1.50
▲(59.57% Upside)
Technical Analysis
Best Analysts Covering VRME
1 Year
1 Year Success Rate
3/21 ratings generated profit
1 Year Average Return
-24.47%
reiterated a buy rating 3 months ago
Copying Jack Vander Aarde's trades and holding each position for 1 Year would result in 14.29% of your transactions generating a profit, with an average return of -24.47% per trade.
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