How to Buy Verisign Stock
Verisign Inc
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 stock last closed at $217.73, down 2.09% from the previous day, and has decreased 0.38% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.17 percentage points. Verisign stock is currently +40.24% from its 52-week low of $155.25, and -4.84% from its 52-week high of $228.80.
There are currently 106.02M shares of VRSN outstanding. The market capitalization of VRSN is $23.08B. In the last 24 hours, 495,522 VRSN shares were traded.
How to Buy Verisign Stock
Not sure how to invest in Verisign stock? Here's how.
- Decide where to buy Verisign stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Verisign stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your info.
- Analyze Verisign stock: The Verisign ticker symbol is VRSN. Is Verisign stock a good investment? Should you buy shares of VRSN? How do VRSN's underlying business fundamentals look? Do top analysts think Verisign is a good buy? Why has VRSN's stock price moved recently? (Hint: Our stock market research website can help you decide if VRSN is a good stock to buy).
- Place your VRSN buy order: Decide if you will purchase VRSN shares at the current market price or use a limit order to buy VRSN stock at a given price.
- Get the latest scoop on your investment in VRSN: Create a watchlist to key updates about your position in Verisign shares.
Step 1: Decide where to buy Verisign stock
You will need a brokerage account in order to access the NASDAQ market and buy VRSN shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you can invest in VRSN stock today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Input your personal details to open a new brokerage account.
- Send your data by clicking the "Create Account" button.
Step 3: Put funds into your investment account
Now that you have filled out your info on the best stock broker app, you can securely and quickly fund your account:
Check out the video below to see the process of transferring money into your new brokerage account.
Step 4: Analyze Verisign stock
After you have identified the best place to buy Verisign stock, it's crucial to evaluate their stock before you invest, so you actually wrap your head around the risk and opportunity.
Overview of key VRSN info
VRSN Overview
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on VRSN's stock page.
Is VRSN stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge VRSN's intrinsic value.
Using relative valuations ratios:
- VRSN may be overvalued based on its P/E ratio of 28.99x, relative to Software - Infrastructure industry P/E ratio of 15.22x
You can access more valuation analysis on VRSN's stock here.
VRSN Financial Health Overview
Passed Financial Due Diligence Checks:
- VRSN earnings of $926.62M is not sufficient to cover its interest payments.
- VRSN's operating cash flow of $820.44M allows it to safely service it's debt of $1.79B.
- VRSN profit margin has gone up from 46.8% to 59.1% in the past year.
Failed Financial Due Diligence Checks:
- VRSN debt to equity ratio of -2.13 is negative.
- There are more short-term liabilities than short-term assets on the VRSN balance sheet.
- There are more long-term liabilities than short-term assets on the VRSN balance sheet.
- Total VRSN debt is still negative.
Is it a good time to buy Verisign stock, according to Wall Street analysts?
Out of 2 sell side analysts who research VRSN, the consensus analyst rating on VRSN is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest VRSN Analyst Recommendations
Rob Oliver, a top 13% analyst from Baird upgrades VRSN to a buy rating and raises their VRSN price target from $216.00 to $265.00, on Dec 15, 2022.
Ygal Arounian, a bottom 21% analyst from Citigroup initiates coverage on VRSN with a strong buy rating and announces their VRSN price target of $243.00, on Dec 13, 2022.
You can dig deeper into what analysts are projecting on the Verisign stock forecast page.
VRSN Trading Indicators
How is VRSN performing as a company?
Last year, VRSN earnings were $824.38M. Over the past 5 year, VRSN's earnings have increased by 10.64% per year. This was slower than the Software - Infrastructure industry average of 30.39%.
Last year, VRSN revenue was $1.40B. Over the past 5 year, VRSN's revenue has increased by 3.85% per year. This was slower than the Software - Infrastructure industry average of 19.96%.
You can research VRSN's earnings and revenue performance here.
Are VRSN insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at VRSN have sold more shares than they have bought.
D. James Bidzos, Exec. Chairman CEO of VRSN, was the latest VRSN insider to sell. They sold $34,132.32 worth of VRSN stock on Jan 19, 2023.
Get more info about who owns VRSN shares here.
Does VRSN stock generate passive income?
No, Verisign doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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Step 5: Place your VRSN buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you require more help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in VRSN
Now that you own some VRSN shares, you'll want to stay up-to-date on your new shares.
Put VRSN on a watchlist to track the most important metrics related to your VRSN stock.
VRSN Feed
How to Buy Stock in Verisign
To summarize, here are the 6 steps for buying Verisign stock:
- Decide where to buy Verisign stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Verisign stock
- Place your VRSN buy order
- Get the latest scoop on your investment in VRSN
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Verisign, add VRSN to your watchlist by clicking the button below.
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