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Is this Large Market Cap Stock target price reasonable for VeriSign, Inc. (NASDAQ:VRSN)?

The company in question is, VeriSign, Inc. (NASDAQ:VRSN) currently with a stock price of 75.86 (0.86% today). The market cap for VeriSign, Inc. is 8126.44, and is in the sector Technology, and Internet Information Providers industry. The target price for VeriSign, Inc. is 80. Currently VeriSign, Inc. is trading with a P/E of 23.9, and a forward P/E of 19.89. Average volume for VeriSign, Inc. is 1149.36 and so far today it is 362795.

Performance in the last year for VeriSign, Inc. has been 1.18%. For EPS growth, VeriSign, Inc. has seen a growth of 11.90%, and is looking to grow in the next year to 8.30%. More long term stats show that EPS growth has been 49.70% over the last five years and could be 8.00% for the next five years. VeriSign, Inc. has seen sales growth quarter over quarter at 9.10%, with EPS growth quarter over quarter at 24.20%. The 20-day simple moving average is -2.40%, with the 200-day simple moving average coming to -8.07%.

Since the IPO date for VeriSign, Inc. on the 1/30/1998, VeriSign, Inc. has seen performance year to date to be -13.91%. With VeriSign, Inc. trading at 75.86, the dividend yield is *TBA, and the EPS is 3.15.

So could VeriSign, Inc., be undervalued? Well as said before P/E is 23.9. The PEG is 2.99, P/S is 7.34 and the P/B is at *TBA. The P/cash is 4.26, with P/free cash flow at 13.19.

VeriSign, Inc. ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 1.3. This is with long term debt/equity at *TBA, and total debt/equity at *TBA.

In terms of margins, VeriSign, Inc. has a gross margin of 82.30%, an operating margin of 59.30% and a profit margin of 37.50%.Payout ratio for VeriSign, Inc. is 0.00%. Return on assets come to 17.30% with return on investment coming to 61.70%.

Insider ownership for VeriSign, Inc., is at 0.30% and institutional ownership comes to *TBA. Outstanding shares are at 108.05. While shares float is 105.82. The float short is currently 17.44%, and short ratio is 16.06.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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