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

Verint Systems (NASDAQ:VRNT) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.890-2.890 for the period, compared to the consensus EPS estimate of 2.840. The company issued revenue guidance of $911.4 million-$948.6 million, compared to the consensus revenue estimate of $951.8 million. Verint Systems also updated its FY25 guidance to $2.89 EPS.

Verint Systems Stock Performance

Shares of Verint Systems stock opened at $31.09 on Thursday. The firm has a market cap of $1.96 billion, a PE ratio of 777.44, a price-to-earnings-growth ratio of 1.32 and a beta of 1.20. The firm’s 50-day simple moving average is $30.70 and its 200-day simple moving average is $26.25. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 1.36. Verint Systems has a 1 year low of $18.41 and a 1 year high of $40.28.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on VRNT shares. StockNews.com upgraded shares of Verint Systems from a hold rating to a buy rating in a research note on Thursday, March 14th. Oppenheimer reiterated a market perform rating on shares of Verint Systems in a research note on Thursday. Needham & Company LLC reiterated a buy rating and set a $40.00 price objective on shares of Verint Systems in a research note on Thursday. Royal Bank of Canada restated an outperform rating and issued a $36.00 target price on shares of Verint Systems in a research report on Thursday, December 14th. Finally, TheStreet upgraded shares of Verint Systems from a d+ rating to a c- rating in a research report on Wednesday, February 14th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Verint Systems has an average rating of Moderate Buy and an average price target of $35.20.

Insider Buying and Selling at Verint Systems

In other Verint Systems news, CEO Dan Bodner sold 33,472 shares of the company’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $31.29, for a total value of $1,047,338.88. Following the transaction, the chief executive officer now owns 860,630 shares of the company’s stock, valued at $26,929,112.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.20% of the stock is owned by corporate insiders.

Institutional Trading of Verint Systems

A number of hedge funds have recently modified their holdings of VRNT. Norges Bank acquired a new stake in shares of Verint Systems during the 4th quarter valued at $23,448,000. Victory Capital Management Inc. boosted its stake in shares of Verint Systems by 15.8% during the 4th quarter. Victory Capital Management Inc. now owns 4,425,278 shares of the technology company’s stock valued at $160,549,000 after buying an additional 604,112 shares during the period. BlackRock Inc. boosted its stake in shares of Verint Systems by 5.4% during the 1st quarter. BlackRock Inc. now owns 5,286,849 shares of the technology company’s stock valued at $196,882,000 after buying an additional 270,971 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Verint Systems by 34.8% during the 2nd quarter. Goldman Sachs Group Inc. now owns 936,664 shares of the technology company’s stock valued at $39,668,000 after buying an additional 242,014 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Verint Systems by 8.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,687,253 shares of the technology company’s stock valued at $62,829,000 after buying an additional 132,891 shares during the period. Hedge funds and other institutional investors own 94.95% of the company’s stock.

About Verint Systems

Verint Systems Inc provides customer engagement solutions worldwide. It offers various applications for use in Forecasting and Scheduling, which understands the work needed to meet and exceed customer expectations; Quality and Compliance that uses automation and analytics for customer interactions for attended and self-service channels; Interaction Insights, which extracts insights from structured and unstructured customer interactions and activities; Real-Time Work that supports in-the-moment workforce activities; Engagement Channels, an application for messaging, social, chat, email, and interactive voice response; Conversational AI, an intelligent virtual assistant application to enable human-like conversations across every channel; Knowledge Management, which enables humans and bots to deliver service with tools.