Verint Systems (NASDAQ:VRNT) Updates FY 2025 Earnings Guidance

Verint Systems (NASDAQ:VRNT) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 2.900-2.900 for the period, compared to the consensus EPS estimate of 2.900. The company issued revenue guidance of $914.3 million-$951.7 million, compared to the consensus revenue estimate of $932.6 million.

Verint Systems Stock Up 1.6 %

Shares of VRNT opened at $25.54 on Friday. The business has a fifty day moving average of $26.37 and a 200 day moving average of $27.48. The company has a market cap of $1.59 billion, a PE ratio of 27.17, a P/E/G ratio of 1.09 and a beta of 1.24. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.47. Verint Systems has a 52-week low of $21.27 and a 52-week high of $38.17.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. StockNews.com downgraded Verint Systems from a “buy” rating to a “hold” rating in a report on Wednesday, January 15th. Jefferies Financial Group upped their price target on shares of Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a report on Friday, December 6th. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price objective on shares of Verint Systems in a report on Friday, January 10th. Wedbush restated an “outperform” rating and issued a $38.00 target price on shares of Verint Systems in a research note on Thursday, September 26th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $36.00 price target on shares of Verint Systems in a research note on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Verint Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.67.

Insider Activity at Verint Systems

In other Verint Systems news, insider Peter Fante sold 16,233 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $27.52, for a total transaction of $446,732.16. Following the completion of the transaction, the insider now directly owns 73,314 shares of the company’s stock, valued at approximately $2,017,601.28. This trade represents a 18.13 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Grant A. Highlander sold 12,880 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $29.25, for a total transaction of $376,740.00. Following the completion of the sale, the chief financial officer now directly owns 117,137 shares in the company, valued at approximately $3,426,257.25. The trade was a 9.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.70% of the stock is owned by corporate 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.