Verint Systems (NASDAQ:VRNT) Updates FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.90 for the period, compared to the consensus estimate of $2.90. The company issued revenue guidance of $914-952 million, compared to the consensus revenue estimate of $933.20 million.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on VRNT shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Verint Systems in a research report on Thursday, December 5th. Jefferies Financial Group upped their price target 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. StockNews.com raised Verint Systems from a “hold” rating to a “buy” rating in a research report on Monday, January 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price on shares of Verint Systems in a research report on Friday. Finally, Wedbush restated an “outperform” rating and set a $38.00 price target on shares of Verint Systems in a research note on Thursday, September 26th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.67.

Verint Systems Stock Down 1.3 %

Shares of Verint Systems stock opened at $24.91 on Tuesday. Verint Systems has a 12-month low of $21.27 and a 12-month high of $38.17. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.47. The stock has a 50 day moving average price of $26.27 and a two-hundred day moving average price of $27.81. The stock has a market capitalization of $1.55 billion, a P/E ratio of 26.50, a PEG ratio of 1.25 and a beta of 1.24.

Insider Buying and Selling

In other Verint Systems news, insider Peter Fante sold 16,233 shares of the business’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $27.52, for a total transaction of $446,732.16. Following the completion of the transaction, the insider now owns 73,314 shares of the company’s stock, valued at $2,017,601.28. The trade was a 18.13 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Grant A. Highlander sold 12,880 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $29.25, for a total transaction of $376,740.00. Following the sale, the chief financial officer now owns 117,137 shares of the company’s stock, valued at $3,426,257.25. This trade represents a 9.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.70% of the stock is owned by insiders.

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.