In last trading session, Verisign Inc. (NASDAQ:VRSN) saw 0.87 million shares changing hands with its beta currently measuring 0.91. Company’s recent per share price level of $168.32 trading at -$0.02 or -0.01% at ring of the bell on the day assigns it a market valuation of $16.76B. That closing price of VRSN’s stock is at a discount of -36.48% from its 52-week high price of $229.72 and is indicating a premium of 0.76% from its 52-week low price of $167.04. Taking a look at company’s average trading volume volume of 702.70K if we extend that period to 3-months.
Verisign Inc. (NASDAQ:VRSN) trade information
Upright in the red during last session for losing -0.01%, in the last five days VRSN remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $168.32 price level, adding 5.7% to its value on the day. Verisign Inc.’s shares saw a change of -18.28% in year-to-date performance and have moved -4.08% in past 5-day. Verisign Inc. (NASDAQ:VRSN) showed a performance of -10.00% in past 30-days.
Verisign Inc. (VRSN) estimates and forecasts
This year revenue growth is estimated to rise 4.70% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 386.81M for the same. And 2 analysts are in estimates of company making revenue of 392.89M in the next quarter. Company posted 372M and 376.3M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.71% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -0.04% while estimates for its earnings growth in next 5 years are of 8.00%.
VRSN Dividends
Verisign Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
