Media stories about Verisign (NASDAQ:VRSN) have trended somewhat positive on Friday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Verisign earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned press coverage about the information services provider an impact score of 46.3204812895312 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s analysis:
Several research firms recently commented on VRSN. Zacks Investment Research upgraded Verisign from a “sell” rating to a “hold” rating in a research report on Tuesday, December 26th. BidaskClub cut Verisign from a “buy” rating to a “hold” rating in a research report on Thursday. Robert W. Baird set a $105.00 target price on Verisign and gave the company a “hold” rating in a research report on Friday, October 6th. Citigroup raised their target price on Verisign from $101.00 to $111.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Finally, Cowen restated a “hold” rating and issued a $103.00 target price on shares of Verisign in a research report on Sunday, October 29th. Five analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus target price of $106.33.
Shares of Verisign (NASDAQ:VRSN) opened at $112.23 on Friday. Verisign has a 1 year low of $79.21 and a 1 year high of $118.28. The company has a debt-to-equity ratio of -1.45, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market capitalization of $11,060.00, a P/E ratio of 30.33 and a beta of 1.04.
Verisign (NASDAQ:VRSN) last posted its earnings results on Thursday, October 26th. The information services provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.97 by $0.03. Verisign had a negative return on equity of 36.88% and a net margin of 39.79%. The firm had revenue of $292.40 million for the quarter, compared to analysts’ expectations of $290.90 million. During the same period last year, the firm earned $0.93 EPS. The firm’s revenue was up 1.7% compared to the same quarter last year. equities analysts anticipate that Verisign will post 3.65 earnings per share for the current year.
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Verisign Company Profile
VeriSign, Inc is a provider of domain name registry services and Internet security. The Company operates through Registry Services and Security Services segment. Registry Services ensure the security, stability and resiliency of Internet infrastructure and services, including the .com and .net domains, and operation of the root-zone maintainer functions for the core of the Internet’s Domain Name System (DNS).
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