VerifyMe (NASDAQ:VRME) Announces Quarterly Earnings Results

VerifyMe (NASDAQ:VRME) released its earnings results on Monday. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03), FiscalAI reports. The firm had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $3.45 million. VerifyMe had a negative return on equity of 11.64% and a negative net margin of 21.78%.

VerifyMe Stock Performance

Shares of NASDAQ VRME opened at $0.77 on Tuesday. VerifyMe has a fifty-two week low of $0.55 and a fifty-two week high of $1.51. The stock has a market cap of $9.59 million, a PE ratio of -2.03 and a beta of 0.39. The stock has a fifty day moving average of $1.01 and a 200-day moving average of $0.94.

Analyst Ratings Changes

VRME has been the subject of several research reports. Zacks Research downgraded VerifyMe from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Barrington Research increased their target price on shares of VerifyMe from $1.00 to $1.50 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Wall Street Zen upgraded shares of VerifyMe to a “hold” rating in a research note on Saturday, February 14th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of VerifyMe in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, VerifyMe presently has a consensus rating of “Hold” and a consensus target price of $1.50.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in VerifyMe by 71.4% during the 4th quarter. LPL Financial LLC now owns 380,812 shares of the company’s stock valued at $229,000 after buying an additional 158,697 shares in the last quarter. State Street Corp lifted its holdings in shares of VerifyMe by 51.8% in the fourth quarter. State Street Corp now owns 77,359 shares of the company’s stock worth $46,000 after buying an additional 26,400 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of VerifyMe by 235.5% in the third quarter. Two Sigma Investments LP now owns 35,321 shares of the company’s stock worth $31,000 after buying an additional 24,793 shares in the last quarter. Institutional investors own 8.79% of the company’s stock.

About VerifyMe

VerifyMe, Inc (NASDAQ: VRME) provides authentication and brand protection solutions to help companies secure products, packaging and digital credentials against counterfeiting, diversion and tampering. The company’s offerings combine physical authentication technologies—such as secure printing, invisible inks, RFID/NFC tags and direct part marking—with cloud-based software to create end-to-end track-and-trace capabilities. These integrated solutions enable customers to verify authenticity at every stage of the supply chain, from manufacturing through distribution and retail.

Key product lines include on-demand secure printers and customized label materials, embedded secure elements for item-level tagging, and a centralized data management platform that supports real-time analytics, consumer engagement and regulatory compliance.