At the time of writing, Verint Systems, Inc. [VRNT] stock is trading at $31.04, up 2.27%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VRNT shares have gain 6.56% over the last week, with a monthly amount glided 0.49%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Verint Systems, Inc. [NASDAQ: VRNT] stock has seen the most recent analyst activity on September 07, 2023, when Oppenheimer downgraded its rating to a Perform. Previously, Evercore ISI downgraded its rating to In-line on September 07, 2023, and dropped its price target to $28. On January 05, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $40 on the stock. Goldman downgraded its rating to a Neutral but stick to its price target of $57 on April 12, 2022. Cowen initiated its recommendation with a Outperform and recommended $75 as its price target on September 01, 2021. Evercore ISI started tracking with a Outperform rating for this stock on June 02, 2021, and assigned it a price target of $75. In a note dated December 10, 2020, Needham reiterated an Buy rating on this stock and boosted its target price from $64 to $66.
For the past year, the stock price of Verint Systems, Inc. fluctuated between $18.41 and $40.28. Currently, Wall Street analysts expect the stock to reach $45.71 within the next 12 months. Verint Systems, Inc. [NASDAQ: VRNT] shares were valued at $31.04 at the most recent close of the market. An investor can expect a potential return of 47.26% based on the average VRNT price forecast.
Analyzing the VRNT fundamentals
According to Verint Systems, Inc. [NASDAQ:VRNT], the company’s sales were 910.39M for trailing twelve months, which represents an 12.22% jump. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.49 points at the first support level, and at 29.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.32, and for the 2nd resistance point, it is at 31.61.
Verint Systems, Inc. [VRNT] reported earnings per share of $1.07 for its fiscal quarter that ended on 1/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.97/share, meaning a difference of $0.1 and a surprise factor of 10.30%. By comparison, the stated earnings for the previous quarter ended on 10/31/2023 were $0.65 per share as compared to estimates of $0.57 per share, a difference of $0.08 representing a surprise of 14.00%.
Ratios To Look Out For
It is important to note that Verint Systems, Inc. [NASDAQ:VRNT] has a current ratio of 1.36. In addition, the Quick Ratio stands at 1.32 and the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 2.13, the price to book ratio is 2.35 and price to earnings (TTM) ratio is 109.07.
Transactions by insiders
Recent insider trading involved BODNER DAN, Chairman & CEO, that happened on Apr 23 ’24 when 35039.0 shares were sold. Chairman & CEO, BODNER DAN completed a deal on Apr 15 ’24 to sell 44335.0 shares. Meanwhile, President MORIAH ELAN sold 9880.0 shares on Apr 15 ’24.
