Verint Systems (VRNT) Scheduled to Post Earnings on Wednesday

Verint Systems (NASDAQ:VRNT) is set to issue its quarterly earnings data after the market closes on Wednesday, December 4th. Analysts expect the company to announce 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.Investors that wish to listen to the company’s conference call can do so using this link.

Verint Systems (NASDAQ:VRNT) last released its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.04). Verint Systems had a return on equity of 16.17% and a net margin of 6.78%. The firm had revenue of $210.17 million during the quarter, compared to the consensus estimate of $212.81 million. During the same period in the previous year, the firm earned $0.22 EPS. The business’s revenue was up .0% compared to the same quarter last year. 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 2.5 %

VRNT stock opened at $25.20 on Monday. The firm has a fifty day moving average price of $23.62 and a 200 day moving average price of $29.03. 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 cap of $1.56 billion, a PE ratio of 37.61, a price-to-earnings-growth ratio of 1.07 and a beta of 1.25. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.36 and a current ratio of 1.41.

Analysts Set New Price Targets

VRNT has been the subject of several recent research reports. StockNews.com upgraded Verint Systems from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th. TD Cowen cut their target price 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 target on Verint Systems from $34.00 to $30.00 and set an “in-line” rating for the company in a research report on Thursday, September 5th. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price objective on shares of Verint Systems in a research report on Wednesday, September 25th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $36.00 price target on shares of Verint Systems in a research note on Thursday, September 5th. Three equities research analysts have rated the stock with a hold rating and five 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 $34.67.

Insider Buying and Selling

In other news, CFO Grant A. Highlander sold 3,389 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $3,393,251.95. This trade represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Peter Fante sold 6,330 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $25.85, for a total transaction of $163,630.50. Following the completion of the sale, the insider now directly owns 91,334 shares of the company’s stock, valued at approximately $2,360,983.90. This trade represents a 6.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,811 shares of company stock valued at $874,014 in the last 90 days. 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.