Analyst Valuation and EPS Growth Verso (NYSE:VRS)

Earnings results for Verso (NYSE:VRS)

Verso Corporation is expected* to report earnings on 11/09/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.1. The reported EPS for the same quarter last year was $0.94.

Verso last posted its quarterly earnings data on August 6th, 2020. The basic materials company reported ($0.99) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.73) by $1.74. The business earned $268 million during the quarter, compared to the consensus estimate of $293 million. Verso has generated ($0.19) earnings per share over the last year and currently has a price-to-earnings ratio of 1.6. Verso has confirmed that its next quarterly earnings report will be published on Monday, November 9th, 2020.

Analyst Opinion on Verso (NYSE:VRS)

2 Wall Street analysts have issued ratings and price targets for Verso in the last 12 months. Their average twelve-month price target is $24.75, predicting that the stock has a possible upside of 181.25%. The high price target for VRS is $26.50 and the low price target for VRS is $23.00. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus rating of “Strong Buy.”

Verso has received a consensus rating of Strong Buy. The company’s average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $24.75, Verso has a forecasted upside of 181.3% from its current price of $8.80. Verso has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Verso (NYSE:VRS)

Verso is a leading dividend payer. It pays a dividend yield of 4.55%, putting its dividend yield in the top 25% of dividend-paying stocks. Verso has only been increasing its dividend for 1 years. Based on EPS estimates, Verso will have a dividend payout ratio of 80.00% in the coming year. This indicates that Verso may not be able to sustain their current dividend.

Insiders buying/selling: Verso (NYSE:VRS)

In the past three months, Verso insiders have not sold or bought any company stock. Only 0.56% of the stock of Verso is held by insiders. 81.38% of the stock of Verso is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Verso (NYSE:VRS

Earnings for Verso are expected to grow in the coming year, from ($1.68) to $0.50 per share. The P/E ratio of Verso is 1.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.84. The P/E ratio of Verso is 1.62, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 38.91. Verso has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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