NASDAQ:VRME

VerifyMe (VRME) Stock Price, News & Analysis

$1.55
+0.01 (+0.65%)
(As of 04/23/2024 ET)
Today's Range
$1.45
$1.61
50-Day Range
$1.13
$1.65
52-Week Range
$0.85
$2.27
Volume
22,160 shs
Average Volume
27,093 shs
Market Capitalization
$15.73 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.85

VerifyMe MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
83.9% Upside
$2.85 Price Target
Short Interest
Healthy
0.48% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$10,057 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.12) to ($0.06) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.98 out of 5 stars

Business Services Sector

207th out of 306 stocks

Computer Integrated Systems Design Industry

18th out of 34 stocks

VRME stock logo

About VerifyMe Stock (NASDAQ:VRME)

VerifyMe, Inc., together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions. The VerifyMe Solutions segment offers technology solutions to connect brands with consumers allowing brand owners to gather business intelligence while engaging directly with their consumers. Its solutions provide brand protection and supply chain functions, such as counterfeit prevention, traceability, consumer engagement solutions, and authentication for labels, packaging, and products, as well as tamper-proof labels. The PeriShip Global Solutions segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment's products include PeriTrack customer dashboard, an integrated web portal tool gives its customers an in-depth look at their shipping activities based on real-time data. It also provides call center, pre-transit, post-delivery, and weather/traffic services. The company has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Lake Mary, Florida.

VRME Stock Price History

VRME Stock News Headlines

Exposed: How Big Banks Plan to Chain Your Wealth with Digital Dollars
Big Banks have declared war on your wallet. But it's not too late to fight back. Discover how to protect your assets from their latest maneuver.
Exposed: How Big Banks Plan to Chain Your Wealth with Digital Dollars
Big Banks have declared war on your wallet. But it's not too late to fight back. Discover how to protect your assets from their latest maneuver.
VerifyMe Earnings Preview
Quad/Graphics Q4 Earnings Summary
VerifyMe to Host Investor Day on February 6, 2024
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
4/23/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Current Symbol
NASDAQ:VRME
Fax
N/A
Employees
50
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.85
High Stock Price Target
$4.00
Low Stock Price Target
$1.70
Potential Upside/Downside
+83.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-3,390,000.00
Pretax Margin
-13.39%

Debt

Sales & Book Value

Annual Sales
$25.31 million
Book Value
$1.25 per share

Miscellaneous

Free Float
8,309,000
Market Cap
$15.73 million
Optionable
Not Optionable
Beta
1.08
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VRME Stock Analysis - Frequently Asked Questions

Should I buy or sell VerifyMe stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for VerifyMe in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" VRME shares.
View VRME analyst ratings
or view top-rated stocks.

What is VerifyMe's stock price target for 2024?

2 brokerages have issued twelve-month price targets for VerifyMe's shares. Their VRME share price targets range from $1.70 to $4.00. On average, they anticipate the company's stock price to reach $2.85 in the next twelve months. This suggests a possible upside of 83.9% from the stock's current price.
View analysts price targets for VRME
or view top-rated stocks among Wall Street analysts.

How have VRME shares performed in 2024?

VerifyMe's stock was trading at $1.12 at the beginning of 2024. Since then, VRME stock has increased by 38.4% and is now trading at $1.55.
View the best growth stocks for 2024 here
.

Are investors shorting VerifyMe?

VerifyMe saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 48,900 shares, an increase of 69.8% from the March 15th total of 28,800 shares. Based on an average daily volume of 32,600 shares, the days-to-cover ratio is presently 1.5 days.
View VerifyMe's Short Interest
.

When is VerifyMe's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our VRME earnings forecast
.

How were VerifyMe's earnings last quarter?

VerifyMe, Inc. (NASDAQ:VRME) released its quarterly earnings data on Thursday, March, 21st. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.02. The firm had revenue of $8.71 million for the quarter, compared to the consensus estimate of $9.50 million. VerifyMe had a negative trailing twelve-month return on equity of 20.35% and a negative net margin of 13.39%.

How do I buy shares of VerifyMe?

Shares of VRME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VRME) was last updated on 4/24/2024 by MarketBeat.com Staff

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