VerifyMe, Inc. (VRME)

Market Cap	17.20M
Revenue (ttm)	25.41M
Net Income (ttm)	-2.36M
Shares Out	10.18M
EPS (ttm)	-0.23
PE Ratio	n/a
Forward PE	14.88
Dividend	n/a
Ex-Dividend Date	n/a

Volume	12,078
Open	1.740
Previous Close	1.740
Day's Range	1.680 - 1.750
52-Week Range	0.851 - 2.450
Beta	0.53
Analysts	Strong Buy
Price Target	3.00 (+75.44%)
Earnings Date	May 14, 2024

About VRME

VerifyMe, Inc., together with its subsidiaries, provides traceability and customer support services through software and process technology. The company operates through two segments, Precision Logistics and Authentication. The Precision Logistics segment offers predictive analytics for optimizing delivery of time and temperature sensitive perishable products. This segment provides PeriTrack customer dashboard, an integrated web portal tool that gives its customers an in-depth look at their shipping activities based on real-time data. It also o...

• Industry: Security & Protection Services
• Sector: Industrials
• Founded: 1999
• Employees: 50
• Stock Exchange: NASDAQ
• Ticker Symbol: VRME

Financial Performance

In 2023, VerifyMe's revenue was $25.31 million, an increase of 29.31% compared to the previous year's $19.58 million. Losses were -$3.39 million, -76.46% less than in 2022.

Analyst Forecast

According to 2 analysts, the average rating for VRME stock is "Strong Buy." The 12-month stock price forecast is $3.0, which is an increase of 75.44% from the latest price.

Price Target

$3.0

(75.44% upside)

Analyst Consensus: Strong Buy