Verisign (VRSN) to Release Quarterly Earnings on Wednesday

Verisign (NASDAQ:VRSN) is set to announce its earnings results after the market closes on Wednesday, February 7th. Analysts expect the company to announce earnings of $0.99 per share for the quarter.

Verisign (VRSN) opened at $112.51 on Monday. The company has a debt-to-equity ratio of -1.45, a quick ratio of 1.57 and a current ratio of 1.57. The company has a market capitalization of $11,090.11, a PE ratio of 31.43 and a beta of 0.92. Verisign has a fifty-two week low of $81.17 and a fifty-two week high of $118.28.

A number of research analysts have recently commented on VRSN shares. Citigroup increased their price objective on Verisign from $101.00 to $111.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Cowen reissued a “hold” rating and set a $103.00 price objective on shares of Verisign in a report on Sunday, October 29th. Zacks Investment Research lowered Verisign from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Finally, BidaskClub lowered Verisign from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Five analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average price target of $106.33.

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About Verisign

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).

Earnings History for Verisign (NASDAQ:VRSN)

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