Verint Systems (NASDAQ:VRNT - Get Free Report) announced its quarterly earnings data on Wednesday. The technology company reported $0.99 earnings per share for the quarter, missing analysts' consensus estimates of $1.27 by ($0.28), Briefing.com reports. Verint Systems had a net margin of 8.49% and a return on equity of 15.79%. The firm had revenue of $253.50 million during the quarter, compared to analyst estimates of $276.82 million. During the same period in the prior year, the company posted $1.07 earnings per share. The firm's revenue for the quarter was down 4.4% on a year-over-year basis. Verint Systems updated its FY26 guidance to $2.93 EPS and its FY 2026 guidance to 2.930-2.930 EPS.
Verint Systems Price Performance
Shares of NASDAQ VRNT traded down $0.11 during midday trading on Monday, hitting $17.75. The stock had a trading volume of 386,254 shares, compared to its average volume of 753,400. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.47. The stock has a 50 day simple moving average of $23.75 and a 200-day simple moving average of $24.67. The company has a market capitalization of $1.11 billion, a PE ratio of 18.88, a P/E/G ratio of 0.97 and a beta of 1.29. Verint Systems has a 1 year low of $17.28 and a 1 year high of $38.17.
Analyst Upgrades and Downgrades
VRNT has been the subject of several research reports. Jefferies Financial Group lifted their price objective 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. Wedbush lowered their price objective on Verint Systems from $38.00 to $30.00 and set an "outperform" rating on the stock in a research report on Friday. Royal Bank of Canada decreased their target price on shares of Verint Systems from $36.00 to $29.00 and set an "outperform" rating for the company in a research note on Thursday. Needham & Company LLC dropped their target price on Verint Systems from $40.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, Evercore ISI lowered their price target on Verint Systems from $34.00 to $23.00 and set an "in-line" rating on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $30.33.
View Our Latest Analysis on Verint Systems
Verint Systems Company Profile
(
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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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