Verint Systems (NASDAQ:VRNT) Issues FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $2.90 for the period, compared to the consensus estimate of $2.90. The company issued revenue guidance of $914-952 million, compared to the consensus revenue estimate of $933.20 million.

Verint Systems Price Performance

Shares of VRNT opened at $24.91 on Tuesday. Verint Systems has a one year low of $21.27 and a one year high of $38.17. The stock’s fifty day moving average is $26.27 and its 200-day moving average is $27.81. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.28 and a current ratio of 1.32. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 26.50, a price-to-earnings-growth ratio of 1.25 and a beta of 1.24.

Analysts Set New Price Targets

A number of research firms have commented on VRNT. Wedbush restated an “outperform” rating and set a $38.00 price target on shares of Verint Systems in a research report on Thursday, September 26th. Needham & Company LLC restated a “buy” rating and issued a $40.00 target price on shares of Verint Systems in a research report on Friday. Royal Bank of Canada reaffirmed an “outperform” rating and set a $36.00 price target on shares of Verint Systems in a research note on Thursday, December 5th. StockNews.com raised Verint Systems from a “hold” rating to a “buy” rating in a research note on Monday, January 6th. Finally, Jefferies Financial Group raised their target price on Verint Systems from $28.00 to $34.00 and gave the company a “hold” rating in a research note on Friday, December 6th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Verint Systems has an average rating of “Moderate Buy” and a consensus target price of $35.67.

Insider Transactions at Verint Systems

In other Verint Systems news, CFO Grant A. Highlander sold 12,880 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $29.25, for a total transaction of $376,740.00. Following the sale, the chief financial officer now owns 117,137 shares in the company, valued at approximately $3,426,257.25. The trade was a 9.91 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Peter Fante sold 16,233 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $27.52, for a total transaction of $446,732.16. Following the completion of the transaction, the insider now owns 73,314 shares of the company’s stock, valued at approximately $2,017,601.28. The trade was a 18.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.70% of the company’s stock.

Verint Systems Company Profile

Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions.