Vericity Inc

Company Profile

Vericity Inc had its IPO on 2019-08-15 under the ticker symbol VERY.

The company operates in the Financial Services sector and Insurance-Life industry. Vericity Inc has a staff strength of 417 employees.

Stock update

Shares of Vericity Inc opened at $4.7 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $4.7 - $5.36, and closed at $4.7.

This is a -11.32% slip from the previous day's closing price.

A total volume of 277 shares were traded at the close of the day’s session.

In the last one week, shares of Vericity Inc have slipped by -9.62%.

Vericity Inc's Key Ratios

Vericity Inc has a market cap of $72.89 million, indicating a price to book ratio of 0.8638 and a price to sales ratio of 0.6155.

In the last 12-months Vericity Inc’s revenue was $171.03 million with a gross profit of $77.68 million and an EBITDA of $-9254000. The EBITDA ratio measures Vericity Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Vericity Inc’s operating margin was -7.88% while its return on assets stood at -1.08% with a return of equity of -9.87%.

In Q2, Vericity Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 4.7%.

Vericity Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.74 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Vericity Inc’s profitability.

Vericity Inc stock is trading at a EV to sales ratio of 0.732 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.6155.

Vericity Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$792.92 million

Total Liabilities

$8.62 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Vericity Inc ended 2024 with $792.92 million in total assets and $0 in total liabilities. Its intangible assets were valued at $792.92 million while shareholder equity stood at $115.38 million.

Vericity Inc ended 2024 with $0 in deferred long-term liabilities, $8.62 million in other current liabilities, 15000.00 in common stock, $101.57 million in retained earnings and $0 in goodwill. Its cash balance stood at $6.61 million and cash and short-term investments were $78.70 million. The company’s total short-term debt was $8,618,000 while long-term debt stood at $34.53 million.

Vericity Inc’s total current assets stands at $6.61 million while long-term investments were $303.51 million and short-term investments were $72.09 million. Its net receivables were $272.76 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Vericity Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Vericity Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$4.7

52-Week High

$9.279

52-Week Low

$4.7

Analyst Target Price

$

Vericity Inc stock is currently trading at $4.7 per share. It touched a 52-week high of $9.279 and a 52-week low of $9.279. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $6.42 and 200-day moving average was $6.99 The short ratio stood at 0.86 indicating a short percent outstanding of 0%.

Around 852% of the company’s stock are held by insiders while 8004.4% are held by institutions.