NASDAQ:VERI - Veritone Stock Price, News, & Analysis

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$10.65 +0.20 (+1.91 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$10.45
Today's Range$10.28 - $10.80
52-Week Range$10.00 - $74.92
Volume239,600 shs
Average Volume232,741 shs
Market Capitalization$188.17 million
P/E Ratio-2.28
Dividend YieldN/A
Beta-1.85
Veritone logoVeritone, Inc. provides artificial intelligence (AI) and computing solutions in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that unlocks the power of cognitive computing to transform audio, video, and other unstructured data, as well as analyzes it in conjunction with structured data in an orchestrated and automated manner to generate actionable intelligence. The company also provides media advertising agency services, including media planning and strategy, media buying and placement, campaign messaging, clearance verification and attribution, and custom analytics directly to advertisers through outbound sales networking, and client and partner referrals, as well as indirectly through advertising agencies or marketing consultants. It serves media owners and broadcasters; legal and compliance markets, including consulting firms, managed services providers, large law firms and corporate legal departments, financial services, and healthcare and other companies; state, local, federal, and international law enforcement agencies, intelligence agencies, and other governmental agencies, as well as resellers and system integrators; and politics market, including political parties, elected officials and political campaigns, political action committees, and special interest groups. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was founded in 2014 and is headquartered in Costa Mesa, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryN/A
SectorBusiness Services
SymbolNASDAQ:VERI
CUSIPN/A
Phone888-507-1737

Debt

Debt-to-Equity RatioN/A
Current Ratio3.06
Quick Ratio3.06

Price-To-Earnings

Trailing P/E Ratio-2.28
Forward P/E Ratio-3.32
P/E GrowthN/A

Sales & Book Value

Annual Sales$14.41 million
Price / Sales13.54
Cash FlowN/A
Price / CashN/A
Book Value$3.85 per share
Price / Book2.77

Profitability

EPS (Most Recent Fiscal Year)($4.59)
Net Income$-59,600,000.00
Net Margins-377.44%
Return on Equity-102.30%
Return on Assets-67.86%

Miscellaneous

Employees219
Outstanding Shares18,320,000
Market Cap$188.17 million

Veritone (NASDAQ:VERI) Frequently Asked Questions

What is Veritone's stock symbol?

Veritone trades on the NASDAQ under the ticker symbol "VERI."

How were Veritone's earnings last quarter?

Veritone Inc (NASDAQ:VERI) issued its quarterly earnings results on Monday, August, 13th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.85) by $0.03. The company earned $4.20 million during the quarter, compared to the consensus estimate of $4.92 million. Veritone had a negative return on equity of 102.30% and a negative net margin of 377.44%. The business's revenue was up 2.4% compared to the same quarter last year. View Veritone's Earnings History.

When is Veritone's next earnings date?

Veritone is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Veritone.

What price target have analysts set for VERI?

5 analysts have issued twelve-month price targets for Veritone's stock. Their predictions range from $10.00 to $30.00. On average, they anticipate Veritone's share price to reach $21.60 in the next twelve months. This suggests a possible upside of 102.8% from the stock's current price. View Analyst Price Targets for Veritone.

What is the consensus analysts' recommendation for Veritone?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritone in the last year. There are currently 1 sell rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veritone.

Who are some of Veritone's key competitors?

Who are Veritone's key executives?

Veritone's management team includes the folowing people:
  • Mr. Chad Steelberg, Chairman & CEO (Age 46)
  • Mr. Ryan Steelberg, Pres & Director (Age 44)
  • Mr. Peter F. Collins, Exec. VP & CFO (Age 53)
  • Mr. Jeffrey B. Coyne, Exec. VP, Gen. Counsel & Sec. (Age 51)
  • Mr. John A. Ganley, Exec. VP of HR (Age 70)

When did Veritone IPO?

(VERI) raised $20 million in an initial public offering on Friday, May 12th 2017. The company issued 1,300,000 shares at a price of $14.00-$16.00 per share. Wunderlich and Craig-Hallum Capital Group acted as the underwriters for the IPO and Northland Capital Markets was co-manager.

Has Veritone been receiving favorable news coverage?

News coverage about VERI stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Veritone earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned news coverage about the company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Veritone.

Who are Veritone's major shareholders?

Veritone's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.75%), Gladstone Capital Management LLP (0.98%), Herald Investment Management Ltd (0.55%), Northern Trust Corp (0.41%), Global X Management Co LLC (0.36%) and Bank of New York Mellon Corp (0.13%). Company insiders that own Veritone stock include Chad Steelberg, G Louis Graziadio III, Peter F Collins and Research Corp Acacia. View Institutional Ownership Trends for Veritone.

Which institutional investors are buying Veritone stock?

VERI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Gladstone Capital Management LLP, Global X Management Co LLC, Herald Investment Management Ltd, Northern Trust Corp, Migdal Insurance & Financial Holdings Ltd., Jane Street Group LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought Veritone stock in the last two years include Chad Steelberg, G Louis Graziadio III and Peter F Collins. View Insider Buying and Selling for Veritone.

How do I buy shares of Veritone?

Shares of VERI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Veritone's stock price today?

One share of VERI stock can currently be purchased for approximately $10.65.

How big of a company is Veritone?

Veritone has a market capitalization of $188.17 million and generates $14.41 million in revenue each year. The company earns $-59,600,000.00 in net income (profit) each year or ($4.59) on an earnings per share basis. Veritone employs 219 workers across the globe.

How can I contact Veritone?

Veritone's mailing address is 575 ANTON BLVD, COSTA MESA CA, 92626. The company can be reached via phone at 888-507-1737 or via email at [email protected]


MarketBeat Community Rating for Veritone (NASDAQ VERI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  170 (Vote Outperform)
Underperform Votes:  232 (Vote Underperform)
Total Votes:  402
MarketBeat's community ratings are surveys of what our community members think about Veritone and other stocks. Vote "Outperform" if you believe VERI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VERI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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