Verint Systems (NASDAQ:VRNT) Releases FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.90 for the period, compared to the consensus estimate of $2.91. The company issued revenue guidance of $914.34- 951.66 million, compared to the consensus revenue estimate of $936.31 million. Verint Systems also updated its FY 2025 guidance to 2.900-2.900 EPS.

Analysts Set New Price Targets

VRNT has been the subject of a number of analyst reports. Evercore ISI reduced 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. Jefferies Financial Group reduced their price objective on shares of Verint Systems from $32.00 to $28.00 and set a hold rating for the company in a report on Thursday. StockNews.com upgraded shares of Verint Systems from a hold rating to a buy rating in a research report on Thursday. Needham & Company LLC restated a buy rating and set a $40.00 price target on shares of Verint Systems in a research report on Thursday. Finally, TD Cowen reduced their price target on shares of Verint Systems from $40.00 to $36.00 and set a buy rating for the company in a research note on Thursday. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average price target of $34.17.

Verint Systems Price Performance

Shares of NASDAQ VRNT opened at $26.21 on Friday. Verint Systems has a twelve month low of $18.41 and a twelve month high of $38.17. The company has a current ratio of 1.34, a quick ratio of 1.30 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average of $32.46 and a two-hundred day moving average of $31.95. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 54.61, a PEG ratio of 1.25 and a beta of 1.24.

Verint Systems (NASDAQ:VRNT) last issued its earnings results on Wednesday, September 4th. The technology company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.04). The business had revenue of $210.17 million for the quarter, compared to the consensus estimate of $212.81 million. Verint Systems had a return on equity of 16.27% and a net margin of 6.78%. The company’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 earnings per share. As a group, analysts expect that Verint Systems will post 1.99 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Dan Bodner sold 375,000 shares of the stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $33.76, for a total value of $12,660,000.00. Following the completion of the transaction, the chief executive officer now owns 609,764 shares in the company, valued at approximately $20,585,632.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Peter Fante sold 4,417 shares of the firm’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $36.60, for a total value of $161,662.20. Following the completion of the sale, the insider now owns 98,975 shares of the company’s stock, valued at $3,622,485. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Dan Bodner sold 375,000 shares of Verint Systems stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $33.76, for a total value of $12,660,000.00. Following the transaction, the chief executive officer now owns 609,764 shares in the company, valued at approximately $20,585,632.64. The disclosure for this sale can be found here. 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.