1 week Ago By ABMN Staff
Shares of Verint Systems Inc. ( NASDAQ:VRNT – Get Free Report ) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat.com reports.
Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $34.00.
Several brokerages have issued reports on VRNT. Evercore ISI reduced their price target on shares of Verint Systems from $34.00 to $30.
00 and set an “in-line” rating on the stock in a report on Thursday. Jefferies Financial Group lowered their target price on Verint Systems from $32.00 to $28.
00 and set a “hold” rating on the stock in a report on Thursday. StockNews.com raised Verint Systems from a “hold” rating to a “buy” rating in a research report on Thursday.
TD Cowen reduced their price objective on Verint Systems from $40.00 to $36.00 and set a “buy” rating on the stock in a research report on Thursday.
Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $36.00 price objective on shares of Verint Systems in a research report on Thursday. Read Our Latest Analysis on Verint Systems Insider Transactions at Verint Systems Institutional Investors Weigh In On Verint Systems Several hedge funds and other institutional investors have recently modified their holdings of the stock.
Quarry LP increased its holdings in Verint Systems by 160.9% in the second quarter. Quarry LP now owns 793 shares of the technology company’s stock valued at $26,000 after buying an additional 489 shares during the last quarter.
PNC Financial Services Group Inc. increased its holdings in shares of Verint Systems by 764.2% in the 4th quarter.
PNC Financial Services Group Inc. now owns 1,037 shares of the technology company’s stock valued at $28,000 after acquiring an additional 917 shares during the last quarter. Fidelis Capital Partners LLC acquired a new stake in shares of Verint Systems during the 1st quarter valued at approximately $30,000.
Innealta Capital LLC bought a new position in Verint Systems during the second quarter worth $36,000. Finally, FinTrust Capital Advisors LLC boosted its holdings in Verint Systems by 173.7% in the first quarter.
FinTrust Capital Advisors LLC now owns 1,188 shares of the technology company’s stock worth $39,000 after purchasing an additional 754 shares during the period. Institutional investors own 94.95% of the company’s stock.
Verint Systems Price Performance VRNT stock opened at $26.21 on Friday. The firm has a 50 day moving average of $32.
46 and a 200-day moving average of $31.96. The company has a market cap of $1.
62 billion, a price-to-earnings ratio of 54.60, a PEG ratio of 1.25 and a beta of 1.
24. The company has a current ratio of 1.34, a quick ratio of 1.
30 and a debt-to-equity ratio of 0.50. Verint Systems has a 12-month low of $18.
41 and a 12-month high of $38.17. Verint Systems ( NASDAQ:VRNT – Get Free Report ) last issued 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 firm had revenue of $210.17 million for 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%. The business’s revenue for the quarter was up .0% compared to the same quarter last year.
During the same period in the prior year, the firm posted $0.22 earnings per share. As a group, equities analysts expect that Verint Systems will post 1.
99 EPS for the current fiscal year. Verint Systems Company Profile ( Get Free Report 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.
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