Veritone Stock Analysis

VERI -  USA Stock  

USD 21.15  0.94  4.65%

The current Veritone price drop may raise some interest from stockholders as it is trading at a share price of 21.15 on 782,600 in trading volume. The company executives were unable to exploit market volatilities in June. However, diversifying your overall positions with Veritone can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.49. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Veritone partners.
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The Veritone stock analysis report makes it easy to digest most publicly released information about Veritone and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Veritone Stock analysis module also helps to analyze the Veritone price relationship with some important fundamental indicators such as market cap and management efficiency.

Veritone Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 1.74. Veritone had not issued any dividends in recent years. The entity had a split on the 20th of April 2017. Veritone, Inc., together with its subsidiaries, provides artificial intelligence computing solutions in the United States and the United Kingdom. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado. Veritone operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 308 people. For more information please call Johan Henrikson at 888 507-1737 or visit www.veritone.com.

Veritone Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Veritone's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Veritone or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Veritone generates negative expected return over the last 90 days
Veritone has high historical volatility and very poor performance
The company reported the previous year's revenue of 64.1 M. Net Loss for the year was (65.76 M) with profit before overhead, payroll, taxes, and interest of 42.05 M.
Veritone has a frail financial position based on the latest SEC disclosures
About 17.0% of the company outstanding shares are owned by insiders
Latest headline from www.equities.com: Veritone Inc gains 1.99 percent for July 19 - Equities.com

Veritone Upcoming and Recent Events

Earnings reports are used by Veritone to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Veritone previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report3rd of August 2021
Next Earnings Report8th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End3rd of March 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Veritone Largest EPS Surprises

Earnings surprises can significantly impact Veritone's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-05-04
2021-03-31-0.14-0.120.0214 
2020-05-11
2020-03-31-0.298-0.250.04816 
2020-03-04
2019-12-31-0.378-0.330.04812 
View All Earnings Estimates

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 originate 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.
Security TypeSharesValue
Nordea Investment Management AbCommon Shares295 K5.8 M
Ccg Wealth Management LlcCommon Shares18 K355 K
Cutler Group LpCommon Shares2.5 K49 K
Cutler Group LpPut Options3.3 K33 K
Cutler Group LpCall Options5.4 K13 K
Better Money Decisions LlcCommon Shares357K
Banta Asset Management LpCommon Shares2.4 M57.6 M
Blackrock IncCommon Shares1.8 M43.3 M
Vanguard Group IncCommon Shares1.4 M33.9 M
Note, although Veritone's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Veritone Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 691.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Veritone's market, we take the total number of its shares issued and multiply it by Veritone's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Veritone Profitablity

Veritone's profitability indicators refer to fundamental financial ratios that showcase Veritone's ability to generate income relative to its revenue or operating costs. If, let's say, Veritone is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Veritone's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Veritone's profitability requires more research than a typical breakdown of Veritone's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (102.59) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (96.14) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.96.
Last ReportedProjected for 2021
Return on Investment(70.30) (75.85) 
Return on Average Assets(33.46) (36.10) 
Return on Average Equity(70.60) (76.18) 

Management Efficiency

The entity has return on total asset (ROA) of (25.92) % which means that it has lost $25.92 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (102.7) %, meaning that it created substantial loss on money invested by shareholders. Veritone management efficiency ratios could be used to measure how well veritone manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Investment is estimated to decrease to -75.85. The current Return on Average Assets is estimated to decrease to -36.1. Veritone Revenue to Assets are most likely to slightly decrease in the upcoming years. The last year's value of Revenue to Assets was reported at 0.32. The current Total Assets Per Share is estimated to increase to 7.92, while Asset Turnover is projected to decrease to 0.35.

Technical Drivers

As of the 24th of July, Veritone has the coefficient of variation of (2,555), and Risk Adjusted Performance of (0.020883). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Veritone, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Veritone, which can be compared to its competition. Please validate Veritone jensen alpha and downside variance to decide if Veritone is priced more or less accurately, providing market reflects its prevalent price of 21.15 per share. Given that Veritone has jensen alpha of (0.18), we advise you to double-check Veritone's current market performance to make sure the company can sustain itself at a future point.

Veritone Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Exponential Moving Average is calculated by weighting recent values of Veritone more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Veritone Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Veritone insiders, such as employees or executives, is commonly permitted as long as it does not rely on Veritone's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Veritone insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Veritone Predictive Daily Indicators

Veritone intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Veritone stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Veritone Forecast Models

Veritone time-series forecasting models is one of many Veritone's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Veritone's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Veritone Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Veritone stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Veritone shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Veritone. By using and applying Veritone Stock analysis, traders can create a robust methodology for identifying Veritone entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin(95.00) (102.50) 
EBITDA Margin(93.38) (100.75) 
Gross Margin 72.86  84.24 
Profit Margin(95.41) (102.94) 
Veritone, Inc., together with its subsidiaries, provides artificial intelligence computing solutions in the United States and the United Kingdom. The company develops and operates aiWARE platform, an AI operating system that uses machine learning algorithms or AI models, such as cognitive queries, predictions, correlations, and analyses in real-time using AI models in various categories comprising transcription, face recognition, and object recognition to reveal valuable insights from vast amounts of structured and unstructured data. It also provides media advertising agency services, including media planning and strategy, advertisement buying and placement, campaign messaging, clearance verification and attribution, and custom analytics directly to advertisers through outbound sales networking, and client and partner referrals, as well as indirectly through advertising agencies or marketing consultants. The company serves media and entertainment, government, legal and compliance, energy, and other vertical markets. It has a strategic relationship with Alteryx, Inc. to power the Alteryx analytic process automation platform with New, advanced AI capabilities. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado.

Current Veritone Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Veritone analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Veritone analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
32.75Buy4Odds
Veritone current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Veritone analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Veritone stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Veritone, talking to its executives and customers, or listening to Veritone conference calls.
Veritone Analyst Advice Details

Veritone Stock Analysis Indicators

Veritone stock analysis indicators help investors evaluate how Veritone stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Veritone shares will generate the highest return on investment. By understating and applying Veritone stock analysis, traders can identify Veritone position entry and exit signals to maximize returns.
Quick Ratio1.63
Fifty Two Week Low6.63
Revenue Growth53.70%
Shares Short Prior Month2.98M
Average Daily Volume Last 10 Day354.52k
Average Daily Volume In Three Month513.55k
Shares Percent Shares Out9.96%
Gross Margins73.11%
Short Percent Of Float11.44%
Forward Price Earnings-60.43
Float Shares27.64M
Fifty Two Week High50.34
Enterprise Value To Ebitda-10.07
Fifty Day Average19.81
Two Hundred Day Average27.46
Enterprise Value To Revenue8.73
Also, please take a look at World Market Map. Note that the Veritone information on this page should be used as a complementary analysis to other Veritone's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Veritone 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 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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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 underlying business (such as 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 Veritone value 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.