Verint Systems (NASDAQ:VRNT – Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 2.900-2.900 for the period, compared to the consensus earnings per share estimate of 2.900. The company issued revenue guidance of $914.3 million-$951.7 million, compared to the consensus revenue estimate of $932.6 million.
Verint Systems Stock Performance
NASDAQ:VRNT opened at $25.18 on Friday. Verint Systems has a 12 month low of $21.27 and a 12 month high of $38.17. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.32 and a quick ratio of 1.28. The firm has a market capitalization of $1.57 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 1.09 and a beta of 1.24. The business’s fifty day moving average price is $26.40 and its 200 day moving average price is $27.43.
Analyst Upgrades and Downgrades
VRNT has been the topic of a number of recent analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Verint Systems in a report on Friday, January 10th. Jefferies Financial Group increased their price target on shares of Verint Systems from $28.00 to $34.00 and gave the company a “hold” rating in a research note on Friday, December 6th. StockNews.com downgraded shares of Verint Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 target price on shares of Verint Systems in a research report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Verint Systems has an average rating of “Moderate Buy” and an average target price of $35.67.
Insider Activity
In other Verint Systems news, CFO Grant A. Highlander sold 12,880 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $29.25, for a total transaction of $376,740.00. Following the completion of the sale, the chief financial officer now directly owns 117,137 shares of the company’s stock, valued at approximately $3,426,257.25. This trade represents a 9.91 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Peter Fante sold 16,233 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $27.52, for a total value of $446,732.16. Following the completion of the transaction, the insider now directly owns 73,314 shares in the company, valued at approximately $2,017,601.28. The trade was a 18.13 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.70% of the company’s stock.
About Verint Systems
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.
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