Veritone Stock Buy Hold or Sell Recommendation
| VERI Stock | USD 3.56 0.10 2.73% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Veritone is 'Strong Sell'. Macroaxis provides Veritone buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Veritone positions. The advice algorithm takes into account all of Veritone's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Veritone's buy or sell advice are summarized below:
Real Value 3.24 | Target Price 3.13 | Hype Value 3.8 | Market Value 3.56 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Veritone given historical horizon and risk tolerance towards Veritone. When Macroaxis issues a 'buy' or 'sell' recommendation for Veritone, the advice is generated through an automated system that utilizes algorithms and statistical models.
Veritone |
Execute Veritone Buy or Sell Advice
The Veritone recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Veritone. Macroaxis does not own or have any residual interests in Veritone or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Veritone's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Veritone Trading Alerts and Improvement Suggestions
| Veritone is way too risky over 90 days horizon | |
| Veritone appears to be risky and price may revert if volatility continues | |
| Veritone has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 127.56 M. Net Loss for the year was (58.62 M) with profit before overhead, payroll, taxes, and interest of 122.3 M. | |
| Veritone currently holds about 220.46 M in cash with (76.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 16.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Veritone Board Changes Director Resignation and Nomination - TipRanks.com - TipRanks |
Veritone Returns Distribution Density
The distribution of Veritone's historical returns is an attempt to chart the uncertainty of Veritone's future price movements. The chart of the probability distribution of Veritone daily returns describes the distribution of returns around its average expected value. We use Veritone price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Veritone returns is essential to provide solid investment advice for Veritone.
| Mean Return | 1.75 | Value At Risk | -14.35 | Potential Upside | 25.81 | Standard Deviation | 11.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Veritone historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Veritone Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Veritone is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Veritone backward and forwards among themselves. Veritone's institutional investor refers to the entity that pools money to purchase Veritone's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 151.6 K | Bridgeway Capital Management, Llc | 2023-12-31 | 125 K | Bank Of America Corp | 2023-12-31 | 115.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 98.7 K | Goldman Sachs Group Inc | 2023-12-31 | 94.3 K | Ameriprise Financial Inc | 2023-12-31 | 86.8 K | State Of Wisconsin Investment Board | 2023-12-31 | 84.4 K | Susquehanna International Group, Llp | 2023-12-31 | 76.8 K | Ubs Group Ag | 2023-12-31 | 72.9 K | Vanguard Group Inc | 2023-12-31 | 2.6 M | Banta Asset Management Lp | 2023-12-31 | 2.4 M |
Veritone Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | 13.6M | (119K) | (53.8M) | (12.1M) | (54.7M) | (52.0M) | |
| Change In Cash | 6.5M | 70.8M | 139.9M | (70.3M) | (105.0M) | (99.7M) | |
| Depreciation | 5.9M | 6.4M | 9.0M | 23.5M | 27.7M | 29.0M | |
| Capital Expenditures | 770K | 175K | 1.0M | 4.8M | 5.1M | 5.4M | |
| Net Income | (62.1M) | (47.9M) | (70.6M) | (25.2M) | (58.6M) | (61.6M) | |
| End Period Cash Flow | 45.2M | 115.7M | 255.6M | 185.3M | 79.4M | 87.8M | |
| Change To Netincome | 19.2M | 20.0M | 61.7M | (23.7M) | (27.3M) | (25.9M) | |
| Change To Inventory | (4.1M) | 1.2M | 22.5M | 32.4M | 37.2M | 39.1M | |
| Free Cash Flow | (30.9M) | 1.3M | 6.2M | (1.0M) | (81.5M) | (77.5M) | |
| Other Non Cash Items | 35K | (192K) | 18.3M | (40.1M) | (29.4M) | (27.9M) | |
| Change Receivables | 7.7M | 4.4M | (47.2M) | 29.7M | 34.1M | 35.8M |
Veritone Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Veritone or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Veritone's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Veritone stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 1.79 | |
β | Beta against NYSE Composite | -0.59 | |
σ | Overall volatility | 11.60 | |
Ir | Information ratio | 0.15 |
Veritone Volatility Alert
Veritone is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Veritone's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Veritone's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Veritone Fundamentals Vs Peers
Comparing Veritone's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Veritone's direct or indirect competition across all of the common fundamentals between Veritone and the related equities. This way, we can detect undervalued stocks with similar characteristics as Veritone or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Veritone's fundamental indicators could also be used in its relative valuation, which is a method of valuing Veritone by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Veritone to competition |
| Fundamentals | Veritone | Peer Average |
| Return On Equity | -0.99 | -0.31 |
| Return On Asset | -0.12 | -0.14 |
| Profit Margin | (0.46) % | (1.27) % |
| Operating Margin | (0.44) % | (5.51) % |
| Current Valuation | 195.8 M | 16.62 B |
| Shares Outstanding | 37.13 M | 571.82 M |
| Shares Owned By Insiders | 15.60 % | 10.09 % |
| Shares Owned By Institutions | 37.20 % | 39.21 % |
| Number Of Shares Shorted | 5.49 M | 4.71 M |
| Price To Earning | (3.01) X | 28.72 X |
| Price To Book | 4.74 X | 9.51 X |
| Price To Sales | 1.41 X | 11.42 X |
| Revenue | 127.56 M | 9.43 B |
| Gross Profit | 122.3 M | 27.38 B |
| EBITDA | (49.62 M) | 3.9 B |
| Net Income | (58.62 M) | 570.98 M |
| Cash And Equivalents | 220.46 M | 2.7 B |
| Cash Per Share | 6.10 X | 5.01 X |
| Total Debt | 143.05 M | 5.32 B |
| Debt To Equity | 2.85 % | 48.70 % |
| Current Ratio | 1.78 X | 2.16 X |
| Book Value Per Share | 1.03 X | 1.93 K |
| Cash Flow From Operations | (76.42 M) | 971.22 M |
| Short Ratio | 1.02 X | 4.00 X |
| Earnings Per Share | (1.59) X | 3.12 X |
| Price To Earnings To Growth | (0.07) X | 4.89 X |
| Target Price | 3.13 | |
| Number Of Employees | 664 | 18.84 K |
| Beta | 2.96 | -0.15 |
| Market Capitalization | 132.19 M | 19.03 B |
| Total Asset | 375.81 M | 29.47 B |
| Retained Earnings | (429.9 M) | 9.33 B |
| Working Capital | (6.05 M) | 1.48 B |
Note: Acquisition by Michael Zemetra of 72000 shares of Veritone subject to Rule 16b-3 [view details]
Veritone Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Veritone . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Veritone Buy or Sell Advice
When is the right time to buy or sell Veritone? Buying financial instruments such as Veritone Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 20.0M | 135.0M | 119.6M | 125.6M | Total Assets | 504.8M | 424.8M | 375.8M | 206.8M |
Use Investing Ideas to Build Portfolios
In addition to having Veritone in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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Check out Veritone Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Veritone Stock analysis
When running Veritone's price analysis, check to measure Veritone'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 Veritone is operating at the current time. Most of Veritone's value examination focuses on studying past and present price action to predict the probability of Veritone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritone's price. Additionally, you may evaluate how the addition of Veritone to your portfolios can decrease your overall portfolio volatility.
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Is Veritone'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 Veritone. If investors know Veritone 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 Veritone 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 1.52 | Earnings Share (1.59) | Revenue Per Share 3.456 | Quarterly Revenue Growth (0.22) | Return On Assets (0.12) |
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone'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 Veritone's market value can be influenced by many factors that don't directly affect Veritone'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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone'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.