Verint Systems (NASDAQ:VRNT - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, December 4th. Analysts expect Verint Systems to post earnings of $0.43 per share for the quarter. Verint Systems has set its FY25 guidance at $2.90 EPS and its FY 2025 guidance at 2.900-2.900 EPS.Individual interested in participating in the company's earnings conference call can do so using this link.
Verint Systems (NASDAQ:VRNT - Get Free Report) last announced its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.04). The company had revenue of $210.17 million for the quarter, compared to analyst estimates of $212.81 million. Verint Systems had a net margin of 6.78% and a return on equity of 16.17%. Verint Systems's revenue was up .0% on a year-over-year basis. During the same quarter last year, the company posted $0.22 EPS. On average, analysts expect Verint Systems to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Verint Systems Trading Up 0.8 %
Shares of Verint Systems stock traded up $0.20 on Wednesday, reaching $24.59. 506,078 shares of the company were exchanged, compared to its average volume of 669,920. Verint Systems has a fifty-two week low of $21.27 and a fifty-two week high of $38.17. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 36.81, a price-to-earnings-growth ratio of 1.05 and a beta of 1.25. The company has a current ratio of 1.41, a quick ratio of 1.36 and a debt-to-equity ratio of 0.49. The stock has a fifty day moving average price of $23.68 and a 200-day moving average price of $29.16.
Insider Activity
In other news, CFO Grant A. Highlander sold 3,389 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $25.85, for a total transaction of $87,605.65. Following the transaction, the chief financial officer now owns 131,267 shares of the company's stock, valued at approximately $3,393,251.95. This represents a 2.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Dan Bodner sold 16,932 shares of the business's stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $25.85, for a total value of $437,692.20. Following the completion of the sale, the chief executive officer now owns 592,832 shares of the company's stock, valued at approximately $15,324,707.20. This trade represents a 2.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,811 shares of company stock worth $874,014. 1.70% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Several research firms recently weighed in on VRNT. TD Cowen dropped their price target on Verint Systems from $40.00 to $36.00 and set a "buy" rating on the stock in a research report on Thursday, September 5th. Evercore ISI lowered their price objective on shares of Verint Systems from $34.00 to $30.00 and set an "in-line" rating on the stock in a research report on Thursday, September 5th. Royal Bank of Canada reiterated an "outperform" rating and issued a $36.00 price objective on shares of Verint Systems in a research note on Thursday, September 5th. Wedbush reissued an "outperform" rating and set a $38.00 target price on shares of Verint Systems in a research note on Thursday, September 26th. Finally, Jefferies Financial Group dropped their price target on shares of Verint Systems from $32.00 to $28.00 and set a "hold" rating on the stock in a research note on Thursday, September 5th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $34.67.
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About Verint Systems
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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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