Verint Systems (VRNT) Projected to Release Quarterly Earnings on Wednesday

Verint Systems (NASDAQ:VRNT) will likely be posting its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Verint Systems to post earnings of $1.27 per share and revenue of $276.82 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Verint Systems Stock Up 2.5 %

Shares of NASDAQ:VRNT opened at $21.94 on Tuesday. Verint Systems has a 52-week low of $20.67 and a 52-week high of $38.17. The stock has a market cap of $1.37 billion, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 0.97 and a beta of 1.29. The business’s 50 day moving average is $24.14 and its 200 day moving average is $24.84. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.47.

Wall Street Analyst Weigh In

VRNT has been the subject of several research reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 price target on shares of Verint Systems in a research report on Wednesday, January 15th. Jefferies Financial Group increased their price target on Verint Systems from $28.00 to $34.00 and gave the company 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 Wednesday, March 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 target price on shares of Verint Systems in a report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $35.67.

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.