Verb Technology Company Inc. (NASDAQ:VERB) is valued at $16.93M and has a beta value of 1.21. The company has seen a fall of -76.34% in share value over the past 6 months. However, analysts estimate revenue growth for the current quarter at $3.1 million, and $3.5 million for the quarter concluding in March 2023, representing growth of 14.60% and 30.10%, respectively. Over the past 5 years, the company has seen annual earnings growth of 7.30%. Insiders own 10.61% of the company’s shares, with shares held by institutions at 5.33% and a share float percentage of 5.96%. The top institutional holders are Vanguard Group, Inc. (The) and Blackrock Inc. The company is expected to release its next earnings report on March 31 this year. Investors are optimistic about the company’s future, despite the current fall in share value.
Verb Technology Company Inc. (VERB) Investors To Reap Big Returns Again
Verb Technology Company Inc. (NASDAQ:VERB) has a beta value of 1.21 and has seen 0.57 million shares traded in the recent trading session. The company is currently valued at $16.93M, having lost -76.34% of its shares over the past 6 months. Despite the fall in share value, investors are hopeful of big returns in the future.
Verb Technology Company Inc. (VERB) Estimates and Forecasts
Revenue growth from the last financial year is estimated to be -1.20%. However, analysts estimate that the current quarter will see revenue of $3.1 million, with the next quarter concluding in March 2023 having an estimated revenue figure of $3.5 million. This would represent growth of 14.60% and 30.10% respectively, compared to year-ago sales of $2.71 million and $2.69 million for this quarter and the next.
If we look at the company’s growth over the last 5-year period and the next 5-year period, we find that annual earnings growth was 7.30% over the past 5 years.
VERB Dividends
Despite the company’s debt issue, Verb Technology Company Inc. is expected to release its next earnings report on March 31 this year. Investors are excited at the prospect of better dividends in the future.
Verb Technology Company Inc. (NASDAQ:VERB)’s Major Holders
Insiders own 10.61% of the company shares, while shares held by institutions stand at 5.33%, with a share float percentage of 5.96%. The number of investors in the company is also encouraging, with a total of 31 institutions holding shares in Verb Technology Company Inc. The top two institutional holders are Vanguard Group, Inc. (The) and Blackrock Inc.
As of Dec 30, 2022, Vanguard Group, Inc. (The) held 33.75% of shares outstanding, with over 4.12 million shares worth more than $0.46 million. Blackrock Inc., on the other hand, held over 1.23 million shares worth over $0.14 million, representing 10.06% of shares outstanding.
The top two Mutual Funds holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Sep 29, 2022, the former fund manager holds about 26.23% shares in the company for having 3.2 million shares of worth $0.36 million while later fund manager owns 0.74 million shares of worth $82499.0 as of Sep 29, 2022, which makes it owner of about 6.03% of company’s outstanding stock.
In summary, although Verb Technology Company Inc. has seen a fall in its share value over the past 6 months, the company’s investors are hopeful of big returns in the future. With an estimated revenue figure of $3.5 million for the next quarter, concluding in March 2023, and annual earnings growth of 7.30% over the past 5 years, the company is poised for growth. The major holders, including Vanguard Group, Inc. (The) and Blackrock Inc., have demonstrated confidence in the company, with Vanguard Group, Inc. (The) holding the highest percentage of shares outstanding at 33.75%.
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