Verint Systems (NASDAQ:VRNT) Releases FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT - Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.90 for the period, compared to the consensus earnings per share 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 Stock Up 3.9 %

NASDAQ VRNT traded up $0.97 on Tuesday, hitting $25.88. 1,207,180 shares of the stock traded hands, compared to its average volume of 785,885. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47. The stock has a 50-day moving average of $26.27 and a 200 day moving average of $27.81. Verint Systems has a twelve month low of $21.27 and a twelve month high of $38.17. The company has a market capitalization of $1.61 billion, a P/E ratio of 27.53, a price-to-earnings-growth ratio of 1.25 and a beta of 1.24.

Wall Street Analysts Forecast Growth

Several research firms have recently 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. StockNews.com upgraded shares of Verint Systems from a "hold" rating to a "buy" rating in a research report on Monday, January 6th. Jefferies Financial Group lifted their price target on Verint Systems from $28.00 to $34.00 and gave the company a "hold" rating in a report on Friday, December 6th. Royal Bank of Canada reissued an "outperform" rating and issued a $36.00 price objective on shares of Verint Systems in a report on Thursday, December 5th. Finally, 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. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.67.

Insider Buying and Selling at Verint Systems

In related news, insider Peter Fante sold 16,233 shares of the 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 transaction, the insider now owns 73,314 shares in the company, valued at approximately $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 SEC, which is accessible through this link. Also, CFO Grant A. Highlander sold 12,880 shares of Verint Systems stock in a transaction on Wednesday, December 18th. The shares were 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. The trade was a 9.91 % decrease in their position. The disclosure for this sale can be found here. Company 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.