Verint Systems (VRNT) Scheduled to Post Quarterly Earnings on Wednesday

Verint Systems (NASDAQ:VRNT) will announce its earnings results after the market closes on Wednesday, December 4th. Analysts expect the company to announce 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.Investors interested in listening to the company’s conference call can do so using this link.

Verint Systems (NASDAQ:VRNT) last announced its 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). Verint Systems had a net margin of 6.78% and a return on equity of 16.17%. The business had revenue of $210.17 million for the quarter, compared to analyst estimates of $212.81 million. During the same period in the prior year, the company earned $0.22 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. 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 Trading Down 1.7 %

Shares of NASDAQ:VRNT opened at $24.39 on Wednesday. The business’s 50-day moving average is $23.72 and its 200 day moving average is $29.20. Verint Systems has a 1 year low of $21.27 and a 1 year high of $38.17. The firm has a market capitalization of $1.51 billion, a P/E ratio of 36.40, a P/E/G ratio of 1.03 and a beta of 1.25. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.41 and a quick ratio of 1.36.

Analyst Upgrades and Downgrades

VRNT has been the topic of a number of research reports. Jefferies Financial Group cut their price objective on Verint Systems from $32.00 to $28.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. Wedbush reissued an “outperform” rating and issued a $38.00 price objective on shares of Verint Systems in a report on Thursday, September 26th. TD Cowen cut their price objective on Verint Systems from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, September 5th. StockNews.com raised Verint Systems from a “hold” rating to a “buy” rating in a report on Thursday, September 5th. Finally, Evercore ISI cut their price objective on Verint Systems from $34.00 to $30.00 and set an “in-line” rating on the stock in a report on Thursday, September 5th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $34.67.

Insider Buying and Selling

In other Verint Systems news, CEO Dan Bodner sold 16,932 shares of the 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 transaction, the chief executive officer now owns 592,832 shares in the company, valued at approximately $15,324,707.20. This represents a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Grant A. Highlander sold 3,389 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $25.85, for a total value of $87,605.65. Following the transaction, the chief financial officer now owns 131,267 shares in the company, valued at $3,393,251.95. This represents a 2.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,811 shares of company stock valued at $874,014 over the last ninety days. Company insiders own 1.70% of the company’s stock.

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.