Verint Systems (NASDAQ:VRNT) Updates FY 2025 Earnings Guidance

Verint Systems (NASDAQ:VRNT) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.900-2.900 for the period, compared to the consensus earnings per share estimate of 2.910. The company issued revenue guidance of $914.3 million-$951.7 million, compared to the consensus revenue estimate of $936.2 million. Verint Systems also updated its FY25 guidance to $2.90 EPS.

Verint Systems Stock Performance

NASDAQ VRNT opened at $26.54 on Friday. The business has a 50-day moving average price of $32.58 and a 200-day moving average price of $31.99. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 55.29, a price-to-earnings-growth ratio of 1.25 and a beta of 1.24. Verint Systems has a twelve month low of $18.41 and a twelve month high of $38.17. The company has a quick ratio of 1.30, a current ratio of 1.34 and a debt-to-equity ratio of 0.50.

Verint Systems (NASDAQ:VRNT) last posted its quarterly earnings results on Wednesday, September 4th. The technology company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.04). The business had revenue of $210.17 million during 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 revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.22 earnings per share. As a group, equities research analysts predict that Verint Systems will post 1.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Royal Bank of Canada reiterated an outperform rating and issued a $36.00 price target on shares of Verint Systems in a research note on Thursday. Jefferies Financial Group decreased their target price on Verint Systems from $32.00 to $28.00 and set a hold rating on the stock in a research report on Thursday. Needham & Company LLC reissued a buy rating and set a $40.00 price target on shares of Verint Systems in a research note on Thursday. TD Cowen reduced their price objective on Verint Systems from $40.00 to $36.00 and set a buy rating on the stock in a research note on Thursday. Finally, StockNews.com upgraded Verint Systems from a hold rating to a buy rating 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 stock. Based on data from MarketBeat, the company presently has an average rating of Moderate Buy and an average price target of $34.17.

Insider Activity

In related 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 directly owns 98,975 shares in the company, valued at $3,622,485. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Dan Bodner sold 375,000 shares of the firm’s 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 sale, the chief executive officer now directly owns 609,764 shares in the company, valued at $20,585,632.64. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 disclosure for this sale can be found here. Corporate 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.