Q4 EPS Estimates for VerifyMe Boosted by Barrington Research

VerifyMe, Inc. (NASDAQ:VRME) – Stock analysts at Barrington Research lifted their Q4 2024 earnings per share (EPS) estimates for shares of VerifyMe in a research note issued to investors on Wednesday, November 13th. Barrington Research analyst M. Petusky now anticipates that the company will earn $0.00 per share for the quarter, up from their prior estimate of ($0.01). Barrington Research currently has a “Outperform” rating and a $1.50 target price on the stock. The consensus estimate for VerifyMe’s current full-year earnings is ($0.19) per share.

VerifyMe (NASDAQ:VRME) last posted its earnings results on Tuesday, August 13th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.03. The business had revenue of $5.35 million during the quarter, compared to the consensus estimate of $5.71 million. VerifyMe had a negative return on equity of 10.68% and a negative net margin of 13.15%. During the same period in the previous year, the business earned ($0.11) EPS.

VerifyMe Stock Performance

Shares of VerifyMe stock opened at $0.98 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.74 and a quick ratio of 1.73. The stock has a market capitalization of $10.18 million, a price-to-earnings ratio of -3.10 and a beta of 0.67. VerifyMe has a 12 month low of $0.90 and a 12 month high of $2.45. The firm’s fifty day simple moving average is $1.31 and its 200-day simple moving average is $1.39.

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.