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- Market Cap.:
- $72.89 million
- Book Value:
- Revenue TTM:
- $171.03 million
- Operating Margin TTM:
- Gross Profit TTM:
- $77.68 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
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
- Trailing PE
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
- Capital Expenditure
- Dividend Payout Ratio
Vericity Inc ended 2023 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 2023 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 2023, Vericity Inc's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Vericity Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- 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.
Frequently Asked Questions About Vericity Inc
Similar Industry Stocks (Insurance-Life)
Vericity, Inc., together with its subsidiaries, provides life insurance protection products for the middle American market. The company operates through Agency and Insurance segments. The Agency segment sells life insurance products for unaffiliated insurance companies through its call center distribution platform, as well as through its independent agents and other marketing organizations. This segment is also involved in the insurance lead sale activities through its eCoverage web presence. The Insurance segment provides term life, accidental death, and final expense products. Vericity, Inc. is headquartered in Chicago, Illinois. Vericity, Inc. operates as a subsidiary of Apex Holdco, L.P.