Verint Systems (VRNT) Given Daily Coverage Optimism Score of 0.16
Media stories about Verint Systems (NASDAQ:VRNT) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Verint Systems earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.3193939255845 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Verint Systems Inc. (VRNT) Stock Price trades -0.85% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- Verint Systems Inc. (VRNT) Investment Down in Latest Report from Alliancebernstein LP – Modern Readers (modernreaders.com)
- Verint Systems Inc. (VRNT) Stock Can Secure Your Portfolio – Investorplace.com (investorplace.com)
- Alliancebernstein LP Adjusts Its Holdings in Verint Systems Inc. (VRNT) Last Quarter – First News 24 (firstnewspaper24.com)
Shares of Verint Systems (VRNT) traded down 0.26% on Friday, hitting $38.00. The stock had a trading volume of 637,429 shares. Verint Systems has a 52 week low of $33.40 and a 52 week high of $44.70. The firm has a 50-day moving average price of $39.58 and a 200-day moving average price of $39.65. The stock’s market capitalization is $2.38 billion.
Verint Systems (NASDAQ:VRNT) last released its quarterly earnings data on Wednesday, June 7th. The technology company reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.11. Verint Systems had a positive return on equity of 9.76% and a negative net margin of 2.94%. The business had revenue of $265.70 million for the quarter, compared to the consensus estimate of $259.97 million. During the same quarter in the previous year, the company posted $0.46 EPS. The company’s revenue was up 6.7% compared to the same quarter last year. Equities analysts expect that Verint Systems will post $2.72 earnings per share for the current fiscal year.
VRNT has been the topic of several analyst reports. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a $50.00 price target (up from $48.00) on shares of Verint Systems in a research report on Friday, June 9th. Zacks Investment Research upgraded Verint Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, May 30th. Imperial Capital reiterated an “in-line” rating and set a $47.00 price target (up from $45.00) on shares of Verint Systems in a research report on Friday, June 9th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $48.00 price target (up from $44.00) on shares of Verint Systems in a research report on Thursday, June 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $44.38.
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In other Verint Systems news, Director Richard N. Nottenburg sold 3,846 shares of Verint Systems stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $40.95, for a total value of $157,493.70. Following the sale, the director now owns 18,178 shares of the company’s stock, valued at approximately $744,389.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Douglas Robinson sold 2,635 shares of Verint Systems stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $40.86, for a total value of $107,666.10. Following the completion of the sale, the chief financial officer now directly owns 159,818 shares in the company, valued at approximately $6,530,163.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,584 shares of company stock worth $393,624. Corporate insiders own 1.30% of the company’s stock.
About Verint Systems
Verint Systems Inc offers Actionable Intelligence solutions. The Company delivers its Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and Cyber Intelligence Solutions. It is a provider of customer engagement software and services that can be deployed on-premises or in the cloud.
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