Verint Systems (NASDAQ:VRNT) Issues FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $2.89 for the period, compared to the consensus EPS estimate of $2.84. The company issued revenue guidance of $911.4-948.6 million, compared to the consensus revenue estimate of $952.91 million. Verint Systems also updated its FY 2025 guidance to 2.890-2.890 EPS.

Analyst Ratings Changes

A number of research firms have commented on VRNT. StockNews.com upgraded shares of Verint Systems from a hold rating to a buy rating in a research note on Thursday, March 14th. TheStreet upgraded Verint Systems from a d+ rating to a c- rating in a research report on Wednesday, February 14th. Needham & Company LLC restated a buy rating and issued a $40.00 target price on shares of Verint Systems in a research report on Thursday. Royal Bank of Canada restated an outperform rating and issued a $36.00 target price on shares of Verint Systems in a research report on Thursday, December 14th. Finally, Oppenheimer restated a market perform rating on shares of Verint Systems in a research note on Thursday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Verint Systems currently has a consensus rating of Moderate Buy and a consensus target price of $35.20.

Verint Systems Price Performance

Shares of VRNT stock opened at $31.09 on Thursday. The stock has a 50-day moving average price of $30.70 and a 200 day moving average price of $26.25. The company has a quick ratio of 1.33, a current ratio of 1.36 and a debt-to-equity ratio of 0.51. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 777.44, a PEG ratio of 1.32 and a beta of 1.20. Verint Systems has a 12 month low of $18.41 and a 12 month high of $40.28.

Insider Buying and Selling

In other Verint Systems news, CEO Dan Bodner sold 33,472 shares of Verint Systems stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $31.29, for a total value of $1,047,338.88. Following the completion of the sale, the chief executive officer now owns 860,630 shares in the company, valued at approximately $26,929,112.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Gotham Asset Management LLC raised its holdings in shares of Verint Systems by 2.5% in the 1st quarter. Gotham Asset Management LLC now owns 13,245 shares of the technology company’s stock worth $493,000 after acquiring an additional 329 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Verint Systems by 3.2% during the fourth quarter. AQR Capital Management LLC now owns 11,324 shares of the technology company’s stock valued at $411,000 after buying an additional 355 shares during the last quarter. Pathstone Family Office LLC grew its holdings in Verint Systems by 4.5% during the fourth quarter. Pathstone Family Office LLC now owns 9,277 shares of the technology company’s stock worth $337,000 after buying an additional 397 shares in the last quarter. Great West Life Assurance Co. Can boosted its holdings in Verint Systems by 14.5% during the 1st quarter. Great West Life Assurance Co. Can now owns 3,456 shares of the technology company’s stock worth $190,000 after acquiring an additional 438 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Verint Systems by 0.7% in the 2nd quarter. Alliancebernstein L.P. now owns 78,754 shares of the technology company’s stock worth $2,761,000 after acquiring an additional 573 shares in the last quarter. 94.95% of the stock is owned by institutional investors and hedge funds.

Verint Systems Company Profile

Verint Systems Inc provides customer engagement solutions worldwide. It offers various applications for use in Forecasting and Scheduling, which understands the work needed to meet and exceed customer expectations; Quality and Compliance that uses automation and analytics for customer interactions for attended and self-service channels; Interaction Insights, which extracts insights from structured and unstructured customer interactions and activities; Real-Time Work that supports in-the-moment workforce activities; Engagement Channels, an application for messaging, social, chat, email, and interactive voice response; Conversational AI, an intelligent virtual assistant application to enable human-like conversations across every channel; Knowledge Management, which enables humans and bots to deliver service with tools.