Verint Systems (NASDAQ:VRNT) Releases FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $2.90 for the period, compared to the consensus EPS estimate of $2.91. The company issued revenue guidance of $914.34- 951.66 million, compared to the consensus revenue estimate of $936.31 million. Verint Systems also updated its FY 2025 guidance to 2.900-2.900 EPS.

Verint Systems Trading Down 1.2 %

NASDAQ VRNT opened at $26.21 on Friday. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 54.61, a PEG ratio of 1.25 and a beta of 1.24. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.30 and a current ratio of 1.34. Verint Systems has a one year low of $18.41 and a one year high of $38.17. The company’s 50 day moving average price is $32.46 and its 200 day moving average price is $31.95.

Verint Systems (NASDAQ:VRNT) last released its quarterly earnings data 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). The business had revenue of $210.17 million during the quarter, compared to analyst estimates of $212.81 million. Verint Systems had a return on equity of 16.27% and a net margin of 6.78%. Verint Systems’s revenue was up .0% on a year-over-year basis. During the same period in the previous year, the company earned $0.22 EPS. On average, sell-side analysts predict that Verint Systems will post 1.99 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on VRNT. Jefferies Financial Group decreased their target price on Verint Systems from $32.00 to $28.00 and set a hold rating for the company in a research report on Thursday. TD Cowen decreased their price target on Verint Systems from $40.00 to $36.00 and set a buy rating for the company in a report on Thursday. StockNews.com upgraded shares of Verint Systems from a hold rating to a buy rating in a research note on Thursday. Needham & Company LLC restated a buy rating and issued a $40.00 target price on shares of Verint Systems in a research note on Thursday. Finally, Evercore ISI lowered their price target on shares of Verint Systems from $34.00 to $30.00 and set an in-line rating for the company in a report on Thursday. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Verint Systems currently has a consensus rating of Moderate Buy and an average target price of $34.17.

Insider Activity at Verint Systems

In other news, insider Peter Fante sold 4,417 shares of the stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $36.60, for a total transaction of $161,662.20. Following the transaction, the insider now owns 98,975 shares of the company’s stock, valued at $3,622,485. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Verint Systems news, CEO Dan Bodner sold 375,000 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $33.76, for a total transaction of $12,660,000.00. Following the completion of the sale, the chief executive officer now owns 609,764 shares in the company, valued at $20,585,632.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Peter Fante sold 4,417 shares of the stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $36.60, for a total transaction of $161,662.20. Following the sale, the insider now directly owns 98,975 shares in the company, valued at $3,622,485. The disclosure for this sale can be found here. 1.70% of the stock is currently 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.