At the time of writing, Verint Systems, Inc [VRNT] stock is trading at $22.48, up 2.09%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VRNT shares have gain 5.29% over the last week, with a monthly amount drifted -13.70%, and not seem to be holding up well over a long-time horizon.
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 $20.67 and $38.17. Currently, Wall Street analysts expect the stock to reach $37 within the next 12 months. Verint Systems, Inc [NASDAQ: VRNT] shares were valued at $22.48 at the most recent close of the market. An investor can expect a potential return of 64.59% based on the average VRNT price forecast.
Analyzing the VRNT fundamentals
According to Verint Systems, Inc [NASDAQ:VRNT], the company’s sales were 920.75M for trailing twelve months, which represents an 2.58% jump. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.01.
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 22.09 points at the first support level, and at 21.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.81, and for the 2nd resistance point, it is at 23.15.
Ratios To Look Out For
It is important to note that Verint Systems, Inc [NASDAQ:VRNT] has a current ratio of 1.32. Further, the Quick Ratio stands at 1.28, while the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 1.52, the price to book ratio is 1.59 and price to earnings (TTM) ratio is 23.69.
Transactions by insiders
Recent insider trading involved MORIAH ELAN, President, that happened on Dec 19 ’24 when 35556.0 shares were sold. Chief Administrative Officer, FANTE PETER completed a deal on Dec 19 ’24 to sell 16233.0 shares. Meanwhile, Chief Financial Officer Highlander Grant A sold 12880.0 shares on Dec 18 ’24.
