After A -1.73% Drop In Share Price, Is VerifyMe Inc (NASDAQ:VRME) A Better Trade Than Others?

In last trading session, VerifyMe Inc (NASDAQ:VRME) saw 0.42 million shares changing hands with its beta currently measuring 0.46. Company’s recent per share price level of $0.94 trading at -$0.02 or -1.73% at ring of the bell on the day assigns it a market valuation of $11.62M. That closing price of VRME’s stock is at a discount of -431.91% from its 52-week high price of $5.00 and is indicating a premium of 38.3% from its 52-week low price of $0.58.

For VerifyMe Inc (VRME), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.04 in the current quarter.

VerifyMe Inc (NASDAQ:VRME) trade information

Upright in the red during last session for losing -1.73%, in the last five days VRME remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $0.94 price level, adding 21.0% to its value on the day. VerifyMe Inc’s shares saw a change of -30.88% in year-to-date performance and have moved -21.01% in past 5-day. VerifyMe Inc (NASDAQ:VRME) showed a performance of -60.83% in past 30-days.

Wall Street analysts have assigned a consensus price target of 1.5 to the stock, which implies a rise of 37.33% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 1.5. It follows that stock’s current price would drop -59.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -59.57% for stock’s current value.

VerifyMe Inc (VRME) estimates and forecasts

This year revenue growth is estimated to fall -2.28% 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 8.21M for the same. And 2 analysts are in estimates of company making revenue of 5.79M in the next quarter. Company posted 8.71M and 5.76M 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 25.98% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 22.00% while estimates for its earnings growth in next 5 years are of 12.06%.

VerifyMe Inc (NASDAQ:VRME)’s Major holders

HIGHTOWER ADVISORS, LLC is the top institutional holder at VRME for having 0.3 million shares of worth $0.43 million. And as of 2024-06-30, it was holding 3.0191 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.22 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.1691 of outstanding shares, having a total worth of $0.31 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 117.98 shares of worth $0.11 million or 1.08% of the total outstanding shares. The later fund manager was in possession of 106.86 shares on Sep 30, 2024 , making its stake of worth around $0.1 million in the company or a holder of 0.98% of company’s stock.