Verint Systems (NASDAQ:VRNT - Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.930-2.930 for the period, compared to the consensus EPS estimate of 3.110. The company issued revenue guidance of $931.2 million-$988.8 million, compared to the consensus revenue estimate of $974.3 million. Verint Systems also updated its FY26 guidance to $2.93 EPS.
Verint Systems Trading Down 4.7 %
Shares of NASDAQ VRNT traded down $0.88 during midday trading on Friday, reaching $17.85. 1,453,274 shares of the stock were exchanged, compared to its average volume of 754,792. 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 company has a market capitalization of $1.11 billion, a P/E ratio of 18.99, a P/E/G ratio of 0.97 and a beta of 1.29. The stock has a 50 day moving average price of $23.75 and a 200-day moving average price of $24.67. Verint Systems has a 52-week low of $17.64 and a 52-week high of $38.17.
Verint Systems (NASDAQ:VRNT - Get Free Report) last released its earnings results on Wednesday, March 26th. The technology company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.28). Verint Systems had a net margin of 8.49% and a return on equity of 15.79%. The business had revenue of $253.50 million during the quarter, compared to analyst estimates of $276.82 million. During the same quarter in the previous year, the company posted $1.07 earnings per share. The business's revenue for the quarter was down 4.4% compared to the same quarter last year. Equities research analysts expect that Verint Systems will post 1.92 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. Jefferies Financial Group boosted their price target on Verint Systems from $28.00 to $34.00 and gave the company a "hold" rating in a research report on Friday, December 6th. Royal Bank of Canada reduced their target price on shares of Verint Systems from $36.00 to $29.00 and set an "outperform" rating on the stock in a report on Thursday. StockNews.com lowered Verint Systems from a "buy" rating to a "hold" rating in a research report on Thursday. Evercore ISI decreased their price target on Verint Systems from $34.00 to $23.00 and set an "in-line" rating for the company in a report on Thursday. Finally, Wedbush reduced their target price on shares of Verint Systems from $38.00 to $30.00 and set an "outperform" rating on the stock in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $30.33.
Check Out Our Latest Research Report 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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