Verisign Inc (NASDAQ: VRSN) has reported E.P.S. of $1.93 for its first fiscal quarter (ending March 31) versus $1.70 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $8.15 versus $6.52 for the same period a year ago.
Recent Price Action
Verisign Inc (NASDAQ: VRSN) stock closed at $182.68 on 4/25/24 after a modest decline of -1.5%. Moreover, trading volume in this decline was exceptionally high at 270% of normal. The stock has risen 0.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, VRSN is expected to be a major Value Eraser.
Verisign is currently unrated.
Rating Review
The stock is currently unrated.
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