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

Verint Systems (NASDAQ:VRNT) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 2.900-2.900 for the period, compared to the consensus earnings per share 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 Performance

Shares of NASDAQ VRNT opened at $25.18 on Friday. The business’s 50 day moving average is $26.40 and its two-hundred day moving average is $27.41. The company has a market cap of $1.57 billion, a P/E ratio of 26.79, 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 12 month low of $21.27 and a 12 month high of $38.17.

Analysts Set New Price Targets

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

Insider Activity

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