Analysts See $0.89 EPS for VeriSign, Inc. (VRSN)

January 22, 2018 - By Darrin Black

 Analysts See $0.89 EPS for VeriSign, Inc. (VRSN)
Investors sentiment decreased to 0 in 2017 Q3. Its down 0.09, from 0.09 in 2017Q2. It is negative, as 35 investors sold VeriSign, Inc. shares while 3 reduced holdings. 0 funds opened positions while 0 raised stakes. 39.56 million shares or 15.68% less from 46.92 million shares in 2017Q2 were reported.
State Street Corporation accumulated 0.01% or 33.15M shares. The Pennsylvania-based Penn Capital Management has invested 0.05% in VeriSign, Inc. (NASDAQ:VRSN). Fincl Bank Of New York Mellon Corporation has invested 0% in VeriSign, Inc. (NASDAQ:VRSN). Commercial Bank Of Nova Scotia invested in 0.1% or 5.56M shares.

Since August 1, 2017, it had 0 insider buys, and 2 insider sales for $275,145 activity. $125,240 worth of VeriSign, Inc. (NASDAQ:VRSN) was sold by TOMLINSON TIMOTHY.

Analysts expect VeriSign, Inc. (NASDAQ:VRSN) to report $0.89 EPS on February, 8.They anticipate $0.05 EPS change or 5.95 % from last quarter’s $0.84 EPS. VRSN’s profit would be $87.72M giving it 32.15 P/E if the $0.89 EPS is correct. After having $0.89 EPS previously, VeriSign, Inc.’s analysts see 0.00 % EPS growth. The stock decreased 0.02% or $0.02 during the last trading session, reaching $114.46. About 542,046 shares traded. VeriSign, Inc. (NASDAQ:VRSN) has risen 7.59% since January 23, 2017 and is uptrending. It has underperformed by 9.11% the S&P500.

VeriSign, Inc. (NASDAQ:VRSN) Ratings Coverage

Among 6 analysts covering VeriSign (NASDAQ:VRSN), 1 have Buy rating, 2 Sell and 3 Hold. Therefore 17% are positive. VeriSign had 15 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, October 26 by Robert W. Baird. Citigroup upgraded the stock to “Neutral” rating in Wednesday, April 12 report. The rating was maintained by Citigroup with “Neutral” on Friday, October 27. Cowen & Co maintained VeriSign, Inc. (NASDAQ:VRSN) rating on Friday, October 27. Cowen & Co has “Hold” rating and $103.0 target. As per Thursday, August 31, the company rating was maintained by Robert W. Baird. The rating was maintained by Cowen & Co on Friday, October 2 with “Hold”. Robert W. Baird maintained the stock with “Hold” rating in Friday, October 6 report. As per Monday, July 27, the company rating was maintained by Topeka Capital Markets. The company was downgraded on Tuesday, January 5 by Citigroup.

VeriSign, Inc. provides domain name registry services and Internet security worldwide. The company has market cap of $11.28 billion. The firm offers registry services that operate the authoritative directory of .com, .net, .cc, .tv, and .name domain names, as well as the back-end systems for .gov, .jobs, .edu, and other domain names. It has a 31.03 P/E ratio. The Company’s registry services allow individuals and organizations to establish their online identities.

Another recent and important VeriSign, Inc. (NASDAQ:VRSN) news was published by Nasdaq.com which published an article titled: “Agree To Buy Verisign At $110, Earn 5.9% Annualized Using Options” on January 22, 2018.

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