Barrington Research Predicts Higher Earnings for VerifyMe

VerifyMe, Inc. (NASDAQ:VRME) – Analysts at Barrington Research increased their FY2024 earnings estimates for shares of VerifyMe in a research report issued on Wednesday, November 13th. Barrington Research analyst M. Petusky now expects that the company will earn ($0.15) per share for the year, up from their previous estimate of ($0.19). Barrington Research has a “Outperform” rating and a $1.50 price target on the stock. The consensus estimate for VerifyMe’s current full-year earnings is ($0.15) per share. Barrington Research also issued estimates for VerifyMe’s Q1 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.17) EPS and FY2026 earnings at ($0.17) EPS.

VerifyMe Trading Up 2.0 %

Shares of NASDAQ VRME opened at $1.00 on Friday. The firm’s 50 day moving average price is $1.30 and its 200-day moving average price is $1.37. VerifyMe has a 52-week low of $0.90 and a 52-week high of $2.45. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.73 and a current ratio of 1.74. The company has a market cap of $10.50 million, a PE ratio of -3.23 and a beta of 0.67.

VerifyMe Company Profile

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.