VeriSign Inc

Company Profile

VeriSign Inc had its IPO on 1998-01-29 under the ticker symbol VRSN.

The company operates in the Technology sector and Software-Infrastructure industry. VeriSign Inc has a staff strength of 914 employees.

Stock update

Shares of VeriSign Inc opened at $201.17 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $198.36 - $202.06, and closed at $198.48.

This is a -1.87% slip from the previous day's closing price.

A total volume of 610,836 shares were traded at the close of the day’s session.

In the last one week, shares of VeriSign Inc have slipped by -3.25%.

VeriSign Inc's Key Ratios

VeriSign Inc has a market cap of $20.86 billion, indicating a price to book ratio of 0 and a price to sales ratio of 15.1637.

In the last 12-months VeriSign Inc’s revenue was $1.46 billion with a gross profit of $1.22 billion and an EBITDA of $1.02 billion. The EBITDA ratio measures VeriSign Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, VeriSign Inc’s operating margin was 66.48% while its return on assets stood at 35.33% with a return of equity of 0%.

In Q2, VeriSign Inc’s quarterly earnings growth was a positive 16.2% while revenue growth was a positive 5.7%.

VeriSign Inc’s PE and PEG Ratio

Forward PE

26.1097

Trailing PE

30.1431

PEG

3.26

Its diluted EPS in the last 12-months stands at $6.71 per share while it has a forward price to earnings multiple of 26.1097 and a PEG multiple of 3.26. 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 VeriSign Inc’s profitability.

VeriSign Inc stock is trading at a EV to sales ratio of 15.5916 and a EV to EBITDA ratio of 22.3416. Its price to sales ratio in the trailing 12-months stood at 15.1637.

VeriSign 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

$1.68 billion

Total Liabilities

$1.14 billion

Operating Cash Flow

$-398300000.00

Capital Expenditure

$6.50 million

Dividend Payout Ratio

0%

VeriSign Inc ended 2024 with $1.68 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.68 billion while shareholder equity stood at $-1617900000.00.

VeriSign Inc ended 2024 with $321.10 million in deferred long-term liabilities, $1.14 billion in other current liabilities, 12225100000.00 in common stock, $-13839600000.00 in retained earnings and $52.50 million in goodwill. Its cash balance stood at $343.90 million and cash and short-term investments were $935.60 million. The company’s total short-term debt was $-7,600,000 while long-term debt stood at $1.79 billion.

VeriSign Inc’s total current assets stands at $997.40 million while long-term investments were $0 and short-term investments were $591.70 million. Its net receivables were $6.90 million compared to accounts payable of $7.60 million and inventory worth $-6900000.00.

In 2024, VeriSign Inc's operating cash flow was $-398300000.00 while its capital expenditure stood at $6.50 million.

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

Other key metrics

Current Trading Price

$198.48

52-Week High

$229.72

52-Week Low

$169.24

Analyst Target Price

$227.45

VeriSign Inc stock is currently trading at $198.48 per share. It touched a 52-week high of $229.72 and a 52-week low of $229.72. Analysts tracking the stock have a 12-month average target price of $227.45.

Its 50-day moving average was $209.46 and 200-day moving average was $210.7 The short ratio stood at 1.66 indicating a short percent outstanding of 0%.

Around 94.7% of the company’s stock are held by insiders while 9427.7% are held by institutions.