Q4 EPS Estimates for VerifyMe Raised by Barrington Research

VerifyMe, Inc. (NASDAQ:VRME) – Investment analysts at Barrington Research lifted their Q4 2024 earnings per share (EPS) estimates for shares of VerifyMe in a report issued on Wednesday, November 13th. Barrington Research analyst M. Petusky now expects that the company will earn $0.00 per share for the quarter, up from their prior forecast 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 released its quarterly earnings data 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. VerifyMe had a negative net margin of 13.15% and a negative return on equity of 11.15%. The firm had revenue of $5.35 million for the quarter, compared to analyst estimates of $5.71 million. During the same quarter in the prior year, the business earned ($0.11) EPS.

VerifyMe Price Performance

VRME opened at $1.00 on Thursday. The stock has a fifty day moving average price of $1.30 and a 200 day moving average price of $1.38. The company has a current ratio of 1.74, a quick ratio of 1.73 and a debt-to-equity ratio of 0.16. VerifyMe has a 1 year low of $0.90 and a 1 year high of $2.45. The stock has a market cap of $10.50 million, a price-to-earnings ratio of -3.23 and a beta of 0.67.

About VerifyMe

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.