News articles about Verisign (NASDAQ:VRSN) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Verisign earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the information services provider an impact score of 46.6011438196159 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s analysis:
- $294.77 Million in Sales Expected for Verisign, Inc. (VRSN) This Quarter (americanbankingnews.com)
- VeriSign, Inc. (VRSN) shows positive reversal – Times Money (thetimesmoney.org)
- Verisign to Report Fourth Quarter and Full Year 2017 Financial Results (finance.yahoo.com)
- The Biggest Loser: VeriSign Drops 4.4% (finance.yahoo.com)
Verisign (NASDAQ VRSN) traded up $1.53 during mid-day trading on Friday, hitting $113.00. 511,400 shares of the company were exchanged, compared to its average volume of 953,225. Verisign has a 52-week low of $78.72 and a 52-week high of $118.28. The company has a debt-to-equity ratio of -1.45, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market cap of $11,140.00, a PE ratio of 30.54 and a beta of 1.04.
A number of equities analysts recently commented on the stock. Zacks Investment Research raised shares of Verisign from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. Cowen reaffirmed a “hold” rating and set a $103.00 price target on shares of Verisign in a research note on Sunday, October 29th. Citigroup lifted their price target on shares of Verisign from $101.00 to $111.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Finally, Robert W. Baird set a $105.00 price target on shares of Verisign and gave the stock a “hold” rating in a research note on Friday, October 6th. Four investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Verisign presently has an average rating of “Hold” and a consensus target price of $106.33.
Verisign Company Profile
VeriSign, Inc is a provider of domain name registry services and Internet security. The Company operates through Registry Services and Security Services segment. Registry Services ensure the security, stability and resiliency of Internet infrastructure and services, including the .com and .net domains, and operation of the root-zone maintainer functions for the core of the Internet’s Domain Name System (DNS).
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