Verint Systems (NASDAQ:VRNT – Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.900-2.900 for the period, compared to the consensus 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 Trading Down 1.4 %
VRNT opened at $25.18 on Friday. The stock has a market capitalization of $1.57 billion, a P/E ratio of 26.79, a P/E/G ratio of 1.09 and a beta of 1.24. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47. Verint Systems has a 12 month low of $21.27 and a 12 month high of $38.17. The firm’s fifty day simple moving average is $26.40 and its 200 day simple moving average is $27.41.
Analyst Ratings Changes
Several research analysts have recently weighed in on the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Verint Systems in a research report on Wednesday, January 15th. StockNews.com downgraded Verint Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 15th. 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. Finally, Jefferies Financial Group increased their target price on shares of Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a report on Friday, December 6th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.67.
Insider Activity
In other Verint Systems news, insider Peter Fante sold 16,233 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $27.52, for a total value of $446,732.16. Following the sale, the insider now owns 73,314 shares in the company, valued at $2,017,601.28. This represents a 18.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Grant A. Highlander sold 12,880 shares of Verint Systems stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $29.25, for a total value of $376,740.00. Following the transaction, the chief financial officer now owns 117,137 shares of the company’s stock, valued at $3,426,257.25. This represents a 9.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by insiders.
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.
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