Verint Systems (VRNT) Expected to Announce Quarterly Earnings on Wednesday

Verint Systems (NASDAQ:VRNT - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Verint Systems to post earnings of $1.27 per share and revenue of $276.82 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Verint Systems Stock Down 2.2 %

Shares of VRNT traded down $0.49 during midday trading on Friday, reaching $21.40. 1,390,342 shares of the stock were exchanged, compared to its average volume of 727,368. 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 $1.33 billion, a P/E ratio of 22.77, a PEG ratio of 0.97 and a beta of 1.29. The company's 50 day moving average is $24.20 and its two-hundred day moving average is $24.94. Verint Systems has a 52 week low of $20.67 and a 52 week high of $38.17.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Jefferies Financial Group boosted their price objective on shares of Verint Systems from $28.00 to $34.00 and gave the stock a "hold" rating in a research note on Friday, December 6th. Royal Bank of Canada reissued an "outperform" rating and issued a $36.00 price target on shares of Verint Systems in a research report on Wednesday, January 15th. StockNews.com upgraded shares of Verint Systems from a "hold" rating to a "buy" rating in a report on Wednesday, March 12th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $40.00 target price on shares of Verint Systems in a research report on Friday, January 10th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $35.67.

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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.