In the last trading session, 1.87 million Verb Technology Company Inc. (NASDAQ:VERB) shares changed hands as the company’s beta touched 0.47. With the company’s per share price at $1.93 changed hands at -$0.01 or -0.52% during last session, the market valuation stood at $136.59M. VERB’s last price was a discount, traded about -105.7% off its 52-week high of $3.97. The share price had its 52-week low at $0.92, which suggests the last value was 52.33% up since then. When we look at Verb Technology Company Inc.’s average trading volume, we note the 3-month average coming to 14.19 million.
Analysts gave the Verb Technology Company Inc. (VERB) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.70. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended VERB as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Verb Technology Company Inc.’s EPS for the current quarter is expected to be -$0.11.
Verb Technology Company Inc. (NASDAQ:VERB) trade information
Instantly VERB was in red as seen at the end of in last trading. With action -2.53%, the performance over the past five days has been red. The drop to weekly highs of 2.0400 on Monday, 09/13/21 subtracted -0.52% to the stock’s daily price. The company’s shares are showing year-to-date upside of 16.97%, with the 5-day performance at -2.53% in the red. However, in the 30-day time frame, Verb Technology Company Inc. (NASDAQ:VERB) is -11.06% down.
The consensus price target for the stock as assigned by Wall Street analysts is $4.50, meaning bulls need an upside of 57.11% from its current market value. According to analyst projections, VERB’s forecast low is $4.00 with $5.00 as the target high. To hit the forecast high, the stock’s price needs a -159.07% plunge from its current level, while the stock would need to soar -107.25% for it to hit the projected low.
Verb Technology Company Inc. (VERB) estimates and forecasts
Data shows that the Verb Technology Company Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 5.46% over the past 6 months, a 60.00% in annual growth rate that is considerably higher than the industry average of -1.80%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2021 revenue estimates. The rating firms predict current quarter revenue for Verb Technology Company Inc. will rise 38.90%, while the growth in revenue is estimated to hit 62.10% for the next quarter. Year-over-year growth is forecast to reach 21.20% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of $3.06 million. 2 analysts are of the opinion that Verb Technology Company Inc.’s revenue for the quarter ending Dec 2021 will be $4.1 million. The company’s revenue for the corresponding quarters a year ago was $2.8 million and $2.1 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.30%. The estimates for the next quarter sales put growth at 95.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.60%. The 2021 estimates are for Verb Technology Company Inc. earnings to decrease by -1.80%.
Verb Technology Company Inc. is expected to release its next quarterly earnings report on April 26.
Verb Technology Company Inc. (NASDAQ:VERB)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.22% of Verb Technology Company Inc. shares while 7.59% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 8.45%. There are 7.59% institutions holding the Verb Technology Company Inc. stock share, with Vanguard Group, Inc. (The) the top institutional holder. As of Jun 29, 2021, the company held 19.70% of the shares, roughly 2.4 million VERB shares worth $4.93 million.
BCJ Capital Management, LLC holds the second largest percentage of outstanding shares, with 4.80% or 0.59 million shares worth $1.2 million as of Jun 29, 2021.
Among Mutual Funds, the top two as of Mar 30, 2021 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 1.02 million shares estimated at $1.43 million under it, the former controlled 8.35% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 4.70% of the shares, roughly 0.57 million shares worth around $0.8 million.