Verint Systems (VRNT) Scheduled to Post Earnings on Wednesday

Verint Systems (NASDAQ:VRNT) will release its earnings data after the market closes on Wednesday, December 4th. Analysts expect Verint Systems to post earnings of $0.43 per share for the quarter. Verint Systems has set its FY25 guidance at $2.90 EPS and its FY 2025 guidance at 2.900-2.900 EPS.Parties interested in listening to the company’s conference call can do so using this link.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings results on Wednesday, September 4th. The technology company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.04). The firm had revenue of $210.17 million for the quarter, compared to the consensus estimate of $212.81 million. Verint Systems had a return on equity of 16.17% and a net margin of 6.78%. The company’s revenue for the quarter was up .0% on a year-over-year basis. During the same period last year, the firm earned $0.22 EPS. On average, analysts expect Verint Systems to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Verint Systems Stock Performance

Shares of NASDAQ VRNT opened at $25.20 on Monday. The stock’s 50-day moving average is $23.62 and its 200 day moving average is $29.03. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 37.61, a P/E/G ratio of 1.07 and a beta of 1.25. Verint Systems has a 1-year low of $21.27 and a 1-year high of $38.17. The company has a current ratio of 1.41, a quick ratio of 1.36 and a debt-to-equity ratio of 0.49.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VRNT shares. Evercore ISI dropped their price target on shares of Verint Systems from $34.00 to $30.00 and set an “in-line” rating for the company in a research report on Thursday, September 5th. TD Cowen lowered their price objective on shares of Verint Systems from $40.00 to $36.00 and set a “buy” rating for the company in a report on Thursday, September 5th. StockNews.com raised Verint Systems from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 price target on shares of Verint Systems in a research note on Wednesday, September 25th. Finally, Jefferies Financial Group lowered their price objective on Verint Systems from $32.00 to $28.00 and set a “hold” rating for the company in a research report on Thursday, September 5th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Verint Systems presently has a consensus rating of “Moderate Buy” and an average price target of $34.67.

Insider Transactions at Verint Systems

In other news, CFO Grant A. Highlander sold 3,389 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $25.85, for a total transaction of $87,605.65. Following the completion of the transaction, the chief financial officer now directly owns 131,267 shares of the company’s stock, valued at $3,393,251.95. The trade was a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Dan Bodner sold 16,932 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $25.85, for a total transaction of $437,692.20. Following the completion of the sale, the chief executive officer now owns 592,832 shares in the company, valued at $15,324,707.20. This represents a 2.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,811 shares of company stock valued at $874,014 in the last quarter. 1.70% of the stock is owned by insiders.

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.