Equities research analysts expect Verint Systems Inc. (NASDAQ:VRNT) to report earnings of $0.09 per share for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Verint Systems’ earnings, with estimates ranging from $0.06 to $0.12. Verint Systems posted earnings per share of $0.24 during the same quarter last year, which would suggest a negative year-over-year growth rate of 62.5%. The business is expected to announce its next quarterly earnings results on Tuesday, June 6th.

According to Zacks, analysts expect that Verint Systems will report full-year earnings of $1.58 per share for the current financial year. For the next year, analysts expect that the business will report earnings of $1.99 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Verint Systems.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings results on Tuesday, March 28th. The technology company reported $0.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.04. Verint Systems had a positive return on equity of 10.01% and a negative net margin of 1.90%. The firm earned $295.90 million during the quarter, compared to analysts’ expectations of $294.41 million. During the same period in the previous year, the business earned $0.90 earnings per share. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis.

A number of analysts have weighed in on VRNT shares. Goldman Sachs Group Inc started coverage on Verint Systems in a research report on Friday, February 10th. They set a “buy” rating and a $44.00 price objective for the company. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating on shares of Verint Systems in a research report on Thursday, February 23rd. Imperial Capital increased their price objective on Verint Systems from $40.00 to $43.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 15th. Zacks Investment Research raised Verint Systems from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 9th. Finally, Deutsche Bank AG increased their price objective on Verint Systems from $34.00 to $40.00 and gave the stock a “hold” rating in a research report on Wednesday, March 29th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. Verint Systems presently has an average rating of “Hold” and an average price target of $42.43.

In other news, CEO Dan Bodner sold 137,773 shares of the firm’s stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $42.74, for a total value of $5,888,418.02. Following the completion of the sale, the chief executive officer now directly owns 528,226 shares of the company’s stock, valued at approximately $22,576,379.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Victor Demarines sold 2,800 shares of the firm’s stock in a transaction that occurred on Tuesday, April 4th. The shares were sold at an average price of $42.57, for a total value of $119,196.00. Following the completion of the sale, the director now directly owns 33,826 shares of the company’s stock, valued at $1,439,972.82. The disclosure for this sale can be found here. Insiders sold a total of 223,145 shares of company stock valued at $9,351,606 over the last three months. Insiders own 1.30% of the company’s stock.

Several hedge funds have recently bought and sold shares of VRNT. Rhumbline Advisers boosted its stake in Verint Systems by 0.8% in the third quarter. Rhumbline Advisers now owns 79,880 shares of the technology company’s stock valued at $3,006,000 after buying an additional 650 shares in the last quarter. Bank of Montreal Can boosted its stake in Verint Systems by 43.1% in the first quarter. Bank of Montreal Can now owns 3,080 shares of the technology company’s stock valued at $134,000 after buying an additional 927 shares in the last quarter. California State Teachers Retirement System boosted its stake in Verint Systems by 0.9% in the third quarter. California State Teachers Retirement System now owns 131,666 shares of the technology company’s stock valued at $4,955,000 after buying an additional 1,200 shares in the last quarter. Boothbay Fund Management LLC boosted its stake in Verint Systems by 16.9% in the fourth quarter. Boothbay Fund Management LLC now owns 8,415 shares of the technology company’s stock valued at $297,000 after buying an additional 1,215 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Verint Systems by 0.8% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 171,318 shares of the technology company’s stock valued at $6,039,000 after buying an additional 1,380 shares in the last quarter. 94.84% of the stock is owned by institutional investors and hedge funds.

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Shares of Verint Systems (NASDAQ:VRNT) traded down 0.26% during mid-day trading on Thursday, hitting $38.70. The company had a trading volume of 134,226 shares. The firm has a 50-day moving average price of $40.03 and a 200 day moving average price of $37.63. Verint Systems has a 12 month low of $31.43 and a 12 month high of $44.70. The firm’s market capitalization is $2.42 billion.

Verint Systems Company Profile

Verint Systems Inc offers Actionable Intelligence solutions. The Company’s Actionable Intelligence solutions address Customer Engagement Optimization, Security Intelligence, and Fraud, Risk and Compliance. It offers services, such as strategic consulting, implementation services, training, maintenance and round the clock support, as well as a range of deployment models.

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