Professional
Added to YB: 2024-05-03
Pitch date: 2024-04-24
VRSN [bullish]
VeriSign, Inc.
+32.57%
current return
Author Info
No bio for this author
Company Info
VeriSign, Inc., together with its subsidiaries, provides internet infrastructure and domain name registry services that enables internet navigation for various recognized domain names worldwide.
Market Cap
$23.3B
Pitch Price
$182.55
Price Target
N/A
Dividend
1.23%
EV/EBITDA
21.56
P/E
29.26
EV/Sales
15.02
Sector
IT Services
Category
value
Weitz Multi Cap Equity Fund New Portfolio Holding: VeriSign, Inc.
VRSN: Operates critical internet infrastructure (Domain Name System) for all .com/.net sites under ICANN contract since 1991 with 0 interruptions. Earns annual fee per domain with price escalators & renewal rights. Wide moat from evergreen contract & mission-critical offering. Acquired at discount to estimated value.
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