Verb Technology Company. VERB, the market leader in interactive video-based sales applications, transforms how businesses attract and engage customers. I founded Verb Technology with my partner and co-founder, Lee Verbinski, in 1997, when we were in college together. Our goal was to create applications that help drive revenue through meaningful engagement with customers rather than focusing on flashy bells and whistles designed to impress investors but do little to actually help businesses succeed.
What does VERB Technology do?
The Verb Technology has developed an app that allows consumers to shop at home and interact with videos while they do it. Once users choose items they want to buy, VERB’s video sales people can show them how to wear what they’re buying or provide additional information about it. The company has contracts with many department stores and other retailers, as well as popular brands like Adidas. At a time when brick-and-mortar retailers are struggling, Technology is emerging as an innovative way for department stores and other businesses to connect with consumers both online and offline.
VERB also sells its own merchandise through its website, which is another growing revenue stream for the company. After being introduced less than three years ago, VERB’s apps have been downloaded more than five million times. Company analysts estimate that VERB generates roughly $300 million in annual sales. As such, Yahoo! Finance recently reported that based on analyst estimates, [VERB] would probably rank around No. 1,000 or so on our list of companies.
While still small compared to its competitors, namely Sales force (NYSE: CRM), Twitter (NYSE: TWTR) and Net Ease (OTC: NTESY), it does look as if VERB has found a niche within retail technology industry despite having only begun trading on Nada less than 18 months ago. The stock currently trades around $12 per share and has never closed above $15 since going public last year. On Tuesday, however, shares jumped over 50% after Seeking Alpha published a report entitled Verb Technology.
Why Shouldn’t You Care About This Stock? Following today’s run up in price, VERB now trades just under 16X trailing twelve month earnings estimates. Comparatively speaking though, FTD Companies stock trades at 33X trailing twelve month earnings and Pandora Media (NYSE: P) is valued at 32X trailing twelve month earnings. Perhaps we should all be listening more closely to Verb? For those interested in learning more here are some recommended readings from Seeking Alpha that might shed some light on whether or not today’s jump was warranted… Today’s Jump Justified? VERB Technology (VERB) Earnings Preview.
Will There Be A Verb Technology Acquisition In The Works? (John Mitchell February 6th, 2015). Why I Love And Hate VERB Technology (Tom Tally January 22nd, 2015). Seeking Alpha author John Mitchell did mention it in his original piece linked above but one thing worth noting is that he highlighted Carl Icahn’s stake in VERB. It was actually Mr. Icahn who first tipped off me to begin covering running back Frank Gore earlier this season so I’m always happy to see him invested elsewhere besides my beloved Dolphins! Feel free to reach out anytime on any questions you may have.
Is VERB technology a buy?
Being a publicly traded company comes with tons of responsibilities and obligations, but it also comes with one major perk: being able to make public statements. These statements, or earnings calls, occur at least once per quarter or three times per year and include executives discussing how they think RLX Technology is doing compared to analysts’ expectations and also providing an outlook for future periods.
Earnings calls are big news events, so if you’re following VERB stock, you’ll definitely want to tune into them; these calls will help you get up-to-date on any recent trends that have affected VERB stock performance. After all, those decisions about whether to buy or sell your position are based almost entirely on what’s happening now versus what happened before. So having a good understanding of what’s been going on lately is critical for making great investment decisions.
The answer lies in exploring three different areas: market share data, production figures and overall financial results. Market share tells us how popular certain brands are relative to other options. Production figures give us information about how much people actually spend on cars and thus their overall value while financial results let us know how much money each company has left over after completing its business operations. All told, these facts tell us exactly which companies we should invest in, while some help provide context by showing why other ones aren’t worth our time as investors.
Market share data helps establish whether more people prefer certain brands over others—and if so, by how much? So what’s a market share number? It’s just another way to talk about how popular different products are within their own categories. So for example, if you wanted to know why Ford (NYSE: F) stock was soaring higher after news that its operating income rose 35% year-over-year in 2017, then it’d be helpful to look at market share numbers from The Wall Street Journal.
Why did sales raise so much despite concerns that demand for SUVs is falling? Here’s one possibility: In North America, where Ford makes nearly 90 percent of its profit, high gas prices and low unemployment have helped drive up truck and SUV purchases.
But gains were seen across vehicle segments. In other words, rising incomes due to low unemployment and climbing gas prices led many Americans to buy pickup trucks like F-150s or larger SUVs like Explorer and Expedition models instead of smaller vehicles like Fiesta hatchbacks or Focus sedans. Those two trends seem quite likely to continue into 2018; perhaps they’ll even increase given increasing concern over an economic downturn.
How many employees does VERB technology have?
It sounds cliché́ but every single employee is truly an invaluable asset who makes me look good every day as their leader. Having grown up with four brothers I know that with great power comes great responsibility. I don’t think about work/life balance at all because my family always comes first. So yes I will make whatever sacrifice necessary for my wife, kids and parents.
On nights or weekends when there isn’t much going on at work I try to spend some quality time with each of them individually. When it comes to hobbies what do you enjoy doing on your free time? Remember that hobby should never interfere with business hours.
