Free Trial
NASDAQ:VRME

VerifyMe (VRME) Stock Price, News & Analysis

$1.61
-0.04 (-2.42%)
(As of 06/17/2024 ET)
Today's Range
$1.61
$1.66
50-Day Range
$1.42
$2.26
52-Week Range
$0.85
$2.45
Volume
17,323 shs
Average Volume
38,023 shs
Market Capitalization
$16.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.85

VerifyMe MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
77.0% Upside
$2.85 Price Target
Short Interest
Healthy
0.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.28mentions of VerifyMe in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$10,057 Bought Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.25) to ($0.26) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.34 out of 5 stars

Business Services Sector

111th out of 306 stocks

Computer Integrated Systems Design Industry

11th out of 31 stocks

VRME stock logo

About VerifyMe Stock (NASDAQ:VRME)

VerifyMe, Inc., together with its subsidiary, PeriShip Global, LLC, operates as a technology solutions provider that specializes in products to connect brands with consumers and providing brands with end-to-end logistics management for their products. The company operates through two segments, VerifyMe Solutions and PeriShip Global Solutions. The VerifyMe Solutions segment offers technology solutions to connect brands with consumers allowing brand owners to gather business intelligence while engaging directly with their consumers. Its solutions provide brand protection and supply chain functions, such as counterfeit prevention, traceability, consumer engagement solutions, and authentication for labels, packaging, and products, as well as tamper-proof labels. The PeriShip Global Solutions segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment's products include PeriTrack customer dashboard, an integrated web portal tool gives its customers an in-depth look at their shipping activities based on real-time data. It also provides call center, pre-transit, post-delivery, and weather/traffic services. The company has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Lake Mary, Florida.

VRME Stock Price History

VRME Stock News Headlines

Short Interest in VerifyMe, Inc. (NASDAQ:VRME) Decreases By 21.5%
3 Overlooked Tech Stocks Aiming for a 10X Surge
VerifyMe Provides 2024 Outlook Update
3 Penny Stocks That Could Mint New Millionaires
VerifyMe Earnings Preview
See More Headlines
Receive VRME Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for VerifyMe and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/14/2024
Today
6/17/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Current Symbol
NASDAQ:VRME
Fax
N/A
Employees
50
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.85
High Stock Price Target
$4.00
Low Stock Price Target
$1.70
Potential Upside/Downside
+77.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-3,390,000.00
Pretax Margin
-9.30%

Debt

Sales & Book Value

Annual Sales
$25.31 million
Book Value
$1.25 per share

Miscellaneous

Free Float
7,724,000
Market Cap
$16.39 million
Optionable
Not Optionable
Beta
0.63
(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

VRME Stock Analysis - Frequently Asked Questions

Should I buy or sell VerifyMe stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VerifyMe in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" VRME shares.
View VRME analyst ratings
or view top-rated stocks.

What is VerifyMe's stock price target for 2024?

2 equities research analysts have issued 12-month price targets for VerifyMe's shares. Their VRME share price targets range from $1.70 to $4.00. On average, they predict the company's share price to reach $2.85 in the next year. This suggests a possible upside of 77.0% from the stock's current price.
View analysts price targets for VRME
or view top-rated stocks among Wall Street analysts.

How have VRME shares performed in 2024?

VerifyMe's stock was trading at $1.12 at the beginning of the year. Since then, VRME shares have increased by 43.8% and is now trading at $1.61.
View the best growth stocks for 2024 here
.

Are investors shorting VerifyMe?

VerifyMe saw a drop in short interest in May. As of May 31st, there was short interest totaling 34,400 shares, a drop of 21.5% from the May 15th total of 43,800 shares. Based on an average daily trading volume, of 47,000 shares, the short-interest ratio is currently 0.7 days.
View VerifyMe's Short Interest
.

When is VerifyMe's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our VRME earnings forecast
.

How were VerifyMe's earnings last quarter?

VerifyMe, Inc. (NASDAQ:VRME) issued its earnings results on Tuesday, May, 14th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01. The company earned $5.76 million during the quarter, compared to the consensus estimate of $5.92 million. VerifyMe had a negative net margin of 9.30% and a negative trailing twelve-month return on equity of 16.79%. During the same quarter in the prior year, the business earned ($0.11) earnings per share.

How do I buy shares of VerifyMe?

Shares of VRME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VRME) was last updated on 6/18/2024 by MarketBeat.com Staff

From Our Partners