VeriSign Financials

VRSN Stock  USD 183.20  2.23  1.20%   
Based on the analysis of VeriSign's profitability, liquidity, and operating efficiency, VeriSign is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. At this time, VeriSign's Common Stock Shares Outstanding is very stable compared to the past year. As of the 16th of April 2024, Liabilities And Stockholders Equity is likely to grow to about 2.4 B, while Total Current Liabilities is likely to drop about 1.1 B. Key indicators impacting VeriSign's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.790.8316
Notably Down
Slightly volatile
The financial analysis of VeriSign is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for VeriSign includes many different criteria found on its balance sheet. For example, investors should never minimize VeriSign's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor VeriSign's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in VeriSign.

Net Income

858.48 Million

With this module, you can analyze VeriSign financials for your investing period. You should be able to track the changes in VeriSign individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past VeriSign Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of VeriSign's financial statements are interrelated, with each one affecting the others. For example, an increase in VeriSign's assets may result in an increase in income on the income statement.
The data published in VeriSign's official financial statements usually reflect VeriSign's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of VeriSign. For example, before you start analyzing numbers published by VeriSign accountants, it's critical to develop an understanding of what VeriSign's liquidity, profitability, and earnings quality are in the context of the IT Services space in which it operates.
Please note, the presentation of VeriSign's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, VeriSign's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in VeriSign's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of VeriSign. Please utilize our Beneish M Score to check the likelihood of VeriSign's management manipulating its earnings.

VeriSign Stock Summary

VeriSign competes with Crowdstrike Holdings, Cloudflare, Palo Alto, Zscaler, and Adobe Systems. VeriSign, Inc., together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. VeriSign, Inc. was incorporated in 1995 and is headquartered in Reston, Virginia. Verisign operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 902 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS92343E1029
CUSIP92343E102
LocationVirginia; U.S.A
Business Address12061 Bluemont Way,
SectorIT Services
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.verisign.com
Phone703 948 3200
CurrencyUSD - US Dollar
You should never invest in VeriSign without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of VeriSign Stock, because this is throwing your money away. Analyzing the key information contained in VeriSign's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

VeriSign Key Financial Ratios

Generally speaking, VeriSign's financial ratios allow both analysts and investors to convert raw data from VeriSign's financial statements into concise, actionable information that can be used to evaluate the performance of VeriSign over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that VeriSign reports annually and quarterly.

VeriSign Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.8B2.0B1.7B1.7B2.4B
Other Current Liab189.1M196.3M217.6M211.2M239.8M245.1M
Net Debt1.3B1.4B1.6B1.4B1.6B1.6B
Retained Earnings(16.5B)(15.7B)(14.9B)(14.2B)(13.4B)(14.1B)
Accounts Payable16.2M12.3M9.0M9.8M12.5M11.9M
Cash508.2M401.2M223.5M373.6M240.1M228.1M
Net Receivables17.4M8.2M13.0M8.1M13.6M12.9M
Other Current Assets60.5M51.0M62.9M58.3M48.3M52.5M
Total Liab3.3B3.2B3.2B3.3B3.3B2.3B
Total Current Assets1.3B1.2B1.3B1.0B988.3M1.4B
Short Term Debt627.6M19.0M4.6M5.5M5.1M4.8M
Common Stock353K14.3B13.6B12.6B11.8B12.4B
Other Liab586.8M378.3M384.6M389.2M447.6M371.4M
Other Assets263.5M250.9M411.3M403M463.5M486.6M
Long Term Debt1.8B1.8B1.8B1.8B1.8B1.3B
Inventory(17.4M)(8.2M)(13.0M)(8.1M)(7.3M)(6.9M)
Net Tangible Assets(1.5B)(1.4B)(1.3B)(1.6B)(1.5B)(1.4B)
Long Term Debt Total1.8B1.8B1.8B1.8B2.1B1.4B

VeriSign Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what VeriSign's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense90.6M90.1M83.3M75.3M86.6M59.2M
Total Revenue1.2B1.3B1.3B1.4B1.5B1.1B
Gross Profit1.1B1.1B1.1B1.2B1.3B843.3M
Operating Income806.1M824.2M866.8M943.1M1.0B1.1B
Ebit806.1M824.2M866.8M943.1M1.0B1.1B
Research Development60.8M74.7M80.5M85.7M91M73.0M
Ebitda895.7M886.7M913.4M1.0B1.0B555.6M
Cost Of Revenue180.5M180.2M191.9M200.7M197.3M198.9M
Income Before Tax758.8M750.2M782.2M880.2M976.5M1.0B
Net Income612.3M814.9M784.8M673.8M817.6M858.5M
Income Tax Expense146.5M(64.6M)(2.6M)206.4M158.9M166.8M
Tax Provision146.5M(64.6M)(2.6M)206.4M158.9M87.7M
Interest Income26.6M7.8M582K14.9M46.1M23.7M
Net Interest Income(64.0M)(90.1M)(83.3M)(75.3M)(29.2M)(30.7M)

VeriSign Key Cash Accounts

Cash flow analysis captures how much money flows into and out of VeriSign. It measures of how well VeriSign is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money VeriSign brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money VeriSign had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what VeriSign has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash150.8M(107M)(181.8M)150.2M(133.5M)(126.8M)
Free Cash Flow713.6M686.8M754.1M803.7M808M414.1M
Depreciation46.3M46.4M47.9M46.9M44.1M41.9M
Other Non Cash Items3.7M3.4M6.0M(3.9M)41.9M27.4M
Capital Expenditures40.3M43.4M53.0M27.4M45.8M74.4M
Net Income612.3M814.9M784.8M673.8M817.6M858.5M
End Period Cash Flow517.6M410.6M228.8M379M240.1M228.1M
Investments217.4M(49.7M)(216.2M)355.7M(391.8M)(372.2M)
Change To Netincome50.6M(146.9M)59.5M35.3M40.6M31.6M

VeriSign Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining VeriSign's current stock value. Our valuation model uses many indicators to compare VeriSign value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VeriSign competition to find correlations between indicators driving VeriSign's intrinsic value. More Info.
VeriSign is rated first in return on asset category among related companies. It is rated first in profit margin category among related companies fabricating about  1.52  of Profit Margin per Return On Asset. At this time, VeriSign's Net Profit Margin is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value VeriSign by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for VeriSign's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VeriSign's earnings, one of the primary drivers of an investment's value.

VeriSign Systematic Risk

VeriSign's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VeriSign volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on VeriSign correlated with the market. If Beta is less than 0 VeriSign generally moves in the opposite direction as compared to the market. If VeriSign Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VeriSign is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VeriSign is generally in the same direction as the market. If Beta > 1 VeriSign moves generally in the same direction as, but more than the movement of the benchmark.

About VeriSign Financials

What exactly are VeriSign Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include VeriSign's income statement, its balance sheet, and the statement of cash flows. Potential VeriSign investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VeriSign investors may use each financial statement separately, they are all related. The changes in VeriSign's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VeriSign's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze VeriSign Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as VeriSign is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of VeriSign has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if VeriSign's financials are consistent with your investment objective using the following steps:
  • Review VeriSign's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand VeriSign's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare VeriSign's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if VeriSign's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

VeriSign Thematic Clasifications

VeriSign is part of Warren Buffett Holdings investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Equities that Berkshire Hathaway invests in via either BRK-A or BRK-B common stocks. A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway
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Today, most investors in VeriSign Stock are looking for potential investment opportunities by analyzing not only static indicators but also various VeriSign's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of VeriSign growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.02

At this time, VeriSign's Price Earnings To Growth Ratio is very stable compared to the past year.

VeriSign April 16, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of VeriSign help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VeriSign. We use our internally-developed statistical techniques to arrive at the intrinsic value of VeriSign based on widely used predictive technical indicators. In general, we focus on analyzing VeriSign Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VeriSign's daily price indicators and compare them against related drivers.
When determining whether VeriSign offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VeriSign's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Verisign Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verisign Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VeriSign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running VeriSign's price analysis, check to measure VeriSign's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VeriSign is operating at the current time. Most of VeriSign's value examination focuses on studying past and present price action to predict the probability of VeriSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VeriSign's price. Additionally, you may evaluate how the addition of VeriSign to your portfolios can decrease your overall portfolio volatility.
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Is VeriSign's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VeriSign. If investors know VeriSign will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VeriSign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.531
Earnings Share
7.9
Revenue Per Share
14.44
Quarterly Revenue Growth
0.03
Return On Assets
0.3592
The market value of VeriSign is measured differently than its book value, which is the value of VeriSign that is recorded on the company's balance sheet. Investors also form their own opinion of VeriSign's value that differs from its market value or its book value, called intrinsic value, which is VeriSign's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VeriSign's market value can be influenced by many factors that don't directly affect VeriSign's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VeriSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if VeriSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VeriSign's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.