Somewhat Favorable News Coverage Somewhat Unlikely to Impact Verint Systems (VRNT) Share Price

News coverage about Verint Systems (NASDAQ:VRNT) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Verint Systems earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.0993698876476 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several equities research analysts have issued reports on the company. Zacks Investment Research upgraded Verint Systems from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a report on Thursday, June 14th. BidaskClub upgraded Verint Systems from a “sell” rating to a “hold” rating in a report on Friday, June 8th. Imperial Capital lifted their price objective on Verint Systems from $47.00 to $49.50 and gave the stock an “outperform” rating in a report on Thursday, May 31st. Finally, Royal Bank of Canada lifted their price objective on Verint Systems from $48.00 to $50.00 and gave the stock a “positive” rating in a report on Thursday, March 29th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Verint Systems currently has an average rating of “Buy” and an average price target of $48.70.

Shares of Verint Systems traded down $0.40, reaching $44.55, during trading on Wednesday, according to Marketbeat Ratings. The stock had a trading volume of 287,581 shares, compared to its average volume of 484,486. Verint Systems has a one year low of $37.05 and a one year high of $46.45. The company has a current ratio of 1.53, a quick ratio of 1.50 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 1.99 and a beta of 1.06.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings results on Thursday, June 7th. The technology company reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.05. Verint Systems had a return on equity of 10.69% and a net margin of 0.94%. The business had revenue of $291.97 million during the quarter, compared to the consensus estimate of $281.79 million. During the same period in the previous year, the business earned $0.49 EPS. The business’s quarterly revenue was up 9.9% on a year-over-year basis. equities analysts predict that Verint Systems will post 2.26 earnings per share for the current year.

Verint Systems Company Profile

Verint Systems Inc provides actionable intelligence solutions and value-added services worldwide. Its Customer Engagement Solutions segment provides automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, customer communities, desktop and process analytics, digital feedback, email engagement, employee desktop, enterprise feedback, financial compliance, full-time recording, gamification, identity analytics, internal communities, knowledge management, mobile workforce, performance management, robotic process automation, social analytics, speech and text analytics, virtual assistant, voice self-service, voice self-service fraud detection, Web/mobile self-service, work manager, and workforce management solutions.

Insider Buying and Selling by Quarter for Verint Systems (NASDAQ:VRNT)

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