Verint Systems (NASDAQ:VRNT) Updates FY25 Earnings Guidance

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

Verint Systems Stock Down 1.3 %

Shares of NASDAQ VRNT opened at $24.91 on Tuesday. The firm’s 50 day moving average price is $26.27 and its 200 day moving average price is $27.81. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.28 and a current ratio of 1.32. The firm has a market cap of $1.55 billion, a P/E ratio of 26.50, a price-to-earnings-growth ratio of 1.25 and a beta of 1.24. Verint Systems has a 1 year low of $21.27 and a 1 year high of $38.17.

Wall Street Analyst Weigh In

A number of analysts have issued reports on VRNT shares. StockNews.com raised Verint Systems from a “hold” rating to a “buy” rating in a research note on Monday, January 6th. Jefferies Financial Group boosted their target price on shares of Verint Systems from $28.00 to $34.00 and gave the company a “hold” rating in a report on Friday, December 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price target on shares of Verint Systems in a research note on Friday. Wedbush restated an “outperform” rating and set a $38.00 price objective on shares of Verint Systems in a report on Thursday, September 26th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $36.00 target price on shares of Verint Systems in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $35.67.

Insider Buying and Selling

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