Verint Systems (NASDAQ:VRNT) Issues FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $2.90 for the period, compared to the consensus EPS 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.

Verint Systems Stock Performance

Shares of VRNT stock opened at $26.54 on Friday. The stock’s fifty day simple moving average is $32.58 and its 200-day simple moving average is $31.99. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 55.29, a P/E/G ratio of 1.25 and a beta of 1.24. The company has a current ratio of 1.34, a quick ratio of 1.30 and a debt-to-equity ratio of 0.50. Verint Systems has a 1-year low of $18.41 and a 1-year high of $38.17.

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 during 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 16.27%. Verint Systems’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.22 EPS. On average, sell-side analysts predict that Verint Systems will post 1.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VRNT has been the subject of several recent research reports. TD Cowen lowered their price target on Verint Systems from $40.00 to $36.00 and set a buy rating for the company in a research note on Thursday. StockNews.com upgraded shares of Verint Systems from a hold rating to a buy rating in a report on Thursday. Needham & Company LLC reiterated a buy rating and issued a $40.00 price objective on shares of Verint Systems in a report on Thursday. Evercore ISI cut their target price on Verint Systems from $34.00 to $30.00 and set an in-line rating on the stock in a report on Thursday. Finally, Jefferies Financial Group decreased their target price on Verint Systems from $32.00 to $28.00 and set a hold rating for the company in a research report on Thursday. Three equities 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, Verint Systems presently has an average rating of Moderate Buy and an average target price of $34.17.

Insider Activity at Verint Systems

In related news, insider Peter Fante sold 4,417 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $36.60, for a total transaction of $161,662.20. Following the transaction, 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 Securities & Exchange Commission, which is available at this hyperlink. In other Verint Systems news, insider Peter Fante sold 4,417 shares of the company’s stock in a transaction that occurred 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 transaction, the insider now owns 98,975 shares of the company’s stock, valued at approximately $3,622,485. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Dan Bodner sold 375,000 shares of Verint Systems stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 609,764 shares in the company, valued at approximately $20,585,632.64. The disclosure for this sale can be found here. 1.70% of the stock is owned by corporate 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.