Verint Systems (NASDAQ:VRNT) Releases FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT) issued an update on its FY25 earnings guidance on Tuesday morning. 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.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on VRNT shares. Jefferies Financial Group raised their price target on shares of Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Needham & Company LLC restated a “buy” rating and set a $40.00 target price on shares of Verint Systems in a report on Friday, January 10th. Royal Bank of Canada restated an “outperform” rating and issued a $36.00 price target on shares of Verint Systems in a research report on Wednesday. StockNews.com downgraded Verint Systems from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Wedbush reissued an “outperform” rating and set a $38.00 price objective on shares of Verint Systems in a research note on Thursday, September 26th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $35.67.

Verint Systems Trading Down 3.1 %

VRNT opened at $25.08 on Thursday. The stock has a market capitalization of $1.56 billion, a PE ratio of 26.68, a P/E/G ratio of 1.09 and a beta of 1.24. Verint Systems has a one year low of $21.27 and a one year high of $38.17. 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 business’s 50 day moving average price is $26.34 and its 200 day moving average price is $27.77.

Insider Activity

In other news, CFO Grant A. Highlander sold 12,880 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $29.25, for a total value of $376,740.00. Following the sale, the chief financial officer now directly owns 117,137 shares of the company’s stock, valued at approximately $3,426,257.25. The trade was a 9.91 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Peter Fante sold 16,233 shares of the company’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $27.52, for a total value of $446,732.16. Following the transaction, the insider now owns 73,314 shares in the company, 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. Corporate insiders own 1.70% of the company’s stock.

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.