Verint Systems (NASDAQ:VRNT) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of ~$3.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.12. The company issued revenue guidance of $1.21-1.25 billion (+/- 2%), compared to the consensus revenue estimate of $1.23 billion.

Shares of Verint Systems traded down $0.30, reaching $44.05, during mid-day trading on Thursday, according to Marketbeat.com. The company’s stock had a trading volume of 845,805 shares, compared to its average volume of 317,952. Verint Systems has a 12-month low of $37.05 and a 12-month high of $45.00. The company has a market cap of $2.79 billion, a P/E ratio of 24.89, a PEG ratio of 2.04 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.51 and a current ratio of 1.55.

Verint Systems (NASDAQ:VRNT) last released its quarterly earnings data on Wednesday, March 28th. The technology company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.05. Verint Systems had a positive return on equity of 10.57% and a negative net margin of 0.58%. The business had revenue of $318.73 million for the quarter, compared to the consensus estimate of $313.98 million. During the same quarter in the prior year, the business posted $0.90 EPS. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. analysts predict that Verint Systems will post 2.14 earnings per share for the current fiscal year.

VRNT has been the topic of a number of recent analyst reports. BidaskClub downgraded Verint Systems from a hold rating to a sell rating in a report on Friday, February 23rd. Royal Bank of Canada increased their price objective on Verint Systems from $48.00 to $50.00 and gave the company a positive rating in a report on Thursday, March 29th. They noted that the move was a valuation call. Finally, Imperial Capital upgraded Verint Systems from an in-line rating to an outperform rating and increased their price objective for the company from $47.00 to $49.50 in a report on Thursday, May 31st. Two analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. Verint Systems currently has an average rating of Hold and a consensus price target of $48.25.

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.

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