VerifyMe, Inc. (VRME)

Market Cap	15.07M
Revenue (ttm)	25.31M
Net Income (ttm)	-3.39M
Shares Out	10.14M
EPS (ttm)	-0.35
PE Ratio	n/a
Forward PE	14.88
Dividend	n/a
Ex-Dividend Date	n/a

Volume	316
Open	1.485
Previous Close	1.530
Day's Range	1.420 - 1.545
52-Week Range	0.851 - 2.270
Beta	0.74
Analysts	Strong Buy
Price Target	2.85 (+84.47%)
Earnings Date	May 9, 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 $2.85, which is an increase of 84.47% from the latest price.

Price Target

$2.85

(84.47% upside)

Analyst Consensus: Strong Buy