Verint Systems (NASDAQ:VRNT) Releases FY25 Earnings Guidance

Verint Systems (NASDAQ:VRNT) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $2.89 for the period, compared to the consensus earnings per share estimate of $2.84. The company issued revenue guidance of $911.4-948.6 million, compared to the consensus revenue estimate of $952.91 million. Verint Systems also updated its FY 2025 guidance to 2.890-2.890 EPS.

Verint Systems Trading Up 0.5 %

Shares of VRNT opened at $31.09 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.36 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $1.96 billion, a P/E ratio of 777.44, a PEG ratio of 1.32 and a beta of 1.20. Verint Systems has a twelve month low of $18.41 and a twelve month high of $40.28. The firm has a fifty day simple moving average of $30.70 and a two-hundred day simple moving average of $26.25.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other Verint Systems news, CEO Dan Bodner sold 68,372 shares of the firm’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $30.00, for a total value of $2,051,160.00. Following the completion of the sale, the chief executive officer now owns 924,102 shares of the company’s stock, valued at $27,723,060. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 2.20% of the stock is owned by company insiders.

Institutional Trading of Verint Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Verint Systems by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 7,182,580 shares of the technology company’s stock valued at $194,145,000 after buying an additional 73,592 shares during the period. BlackRock Inc. increased its position in shares of Verint Systems by 5.4% during the first quarter. BlackRock Inc. now owns 5,286,849 shares of the technology company’s stock worth $196,882,000 after purchasing an additional 270,971 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Verint Systems by 15.8% in 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 purchasing an additional 604,112 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Verint Systems by 8.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,687,253 shares of the technology company’s stock worth $62,829,000 after buying an additional 132,891 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of Verint Systems by 2.2% in the second quarter. State Street Corp now owns 1,452,948 shares of the technology company’s stock worth $50,940,000 after buying an additional 31,265 shares in the last quarter. Institutional investors and hedge funds own 94.95% of the company’s stock.

Verint Systems Company Profile

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.