Analysts See $0.89 EPS for VeriSign, Inc. (VRSN)

January 13, 2018 - By Jan Rainey

 Analysts See $0.89 EPS for VeriSign, Inc. (VRSN)
Investors sentiment decreased to 0 in Q3 2017. Its down 0.09, from 0.09 in 2017Q2. It is negative, as 35 investors sold VeriSign, Inc. shares while 3 reduced holdings. 0 funds opened positions while 0 raised stakes. 39.56 million shares or 15.68% less from 46.92 million shares in 2017Q2 were reported.
Massachusetts-based State Street Corp has invested 0.01% in VeriSign, Inc. (NASDAQ:VRSN). Penn Mgmt Inc accumulated 202,000 shares. National Bank Of Mellon owns 0% invested in VeriSign, Inc. (NASDAQ:VRSN) for 650,000 shares. Fincl Bank Of Nova Scotia holds 5.56M shares.

Since August 1, 2017, it had 0 buys, and 2 selling transactions for $275,145 activity. $125,240 worth of VeriSign, Inc. (NASDAQ:VRSN) was sold by TOMLINSON TIMOTHY.

Analysts expect VeriSign, Inc. (NASDAQ:VRSN) to report $0.89 EPS on February, 8.They anticipate $0.05 EPS change or 5.95 % from last quarter’s $0.84 EPS. VRSN’s profit would be $87.73M giving it 31.91 P/E if the $0.89 EPS is correct. After having $0.89 EPS previously, VeriSign, Inc.’s analysts see 0.00 % EPS growth. The stock increased 1.23% or $1.38 during the last trading session, reaching $113.61. About 648,675 shares traded. VeriSign, Inc. (NASDAQ:VRSN) has risen 7.59% since January 13, 2017 and is uptrending. It has underperformed by 9.11% the S&P500.

VeriSign, Inc. (NASDAQ:VRSN) Ratings Coverage

Among 6 analysts covering VeriSign (NASDAQ:VRSN), 1 have Buy rating, 2 Sell and 3 Hold. Therefore 17% are positive. VeriSign had 15 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Topeka Capital Markets with “Buy” on Monday, July 27. Citigroup maintained it with “Neutral” rating and $111 target in Friday, October 27 report. The stock of VeriSign, Inc. (NASDAQ:VRSN) earned “Hold” rating by Cowen & Co on Friday, October 2. The rating was maintained by Robert W. Baird on Thursday, October 26 with “Hold”. The stock has “Neutral” rating by Citigroup on Wednesday, April 12. The stock has “Sell” rating by Citigroup on Tuesday, January 5. The company was maintained on Thursday, August 31 by Robert W. Baird. Cowen & Co maintained the shares of VRSN in report on Friday, October 27 with “Hold” rating. The stock of VeriSign, Inc. (NASDAQ:VRSN) has “Hold” rating given on Friday, October 6 by Robert W. Baird.

VeriSign, Inc. provides domain name registry services and Internet security worldwide. The company has market cap of $11.20 billion. The firm offers registry services that operate the authoritative directory of .com, .net, .cc, .tv, and .name domain names, as well as the back-end systems for .gov, .jobs, .edu, and other domain names. It has a 30.8 P/E ratio. The Company’s registry services allow individuals and organizations to establish their online identities.

Another recent and important VeriSign, Inc. (NASDAQ:VRSN) news was published by Bna.com which published an article titled: “DOJ Closes Probe of VeriSign Over .Web Domain” on January 11, 2018.

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