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After finishing at $23.45 in the prior trading day, Verint Systems, Inc. (NASDAQ: VRNT) closed at $23.42, down -0.13%. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 1.18 million shares were traded. VRNT stock price reached its highest trading level at $23.87 during the session, while it also had its lowest trading level at $23.25.
Ratios:
Our goal is to gain a better understanding of VRNT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.35.
On September 07, 2023, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $50 to $28.
Jefferies Downgraded its Buy to Hold on January 05, 2023, whereas the target price for the stock was revised from $45 to $40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 16 ’24 when MORIAH ELAN sold 7,160 shares for $25.85 per share. The transaction valued at 185,086 led to the insider holds 139,251 shares of the business.
Highlander Grant A sold 3,389 shares of VRNT for $87,606 on Sep 16 ’24. The Chief Financial Officer now owns 131,267 shares after completing the transaction at $25.85 per share. On Sep 16 ’24, another insider, FANTE PETER, who serves as the Chief Administrative Officer of the company, sold 6,330 shares for $25.85 each. As a result, the insider received 163,630 and left with 91,334 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VRNT now has a Market Capitalization of 1452168832 and an Enterprise Value of 2130198656. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.90, and their Forward P/E ratio for the next fiscal year is 7.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 2.328 whereas that against EBITDA is 14.55.
Stock Price History:
Over the past 52 weeks, VRNT has reached a high of $38.17, while it has fallen to a 52-week low of $18.41. The 50-Day Moving Average of the stock is -16.36%, while the 200-Day Moving Average is calculated to be -23.10%.
Shares Statistics:
The stock has traded on average 784.38K shares per day over the past 3-months and 853910 shares per day over the last 10 days, according to various share statistics. A total of 62.74M shares are outstanding, with a floating share count of 60.90M. Insiders hold about 1.79% of the company’s shares, while institutions hold 100.88% stake in the company. Shares short for VRNT as of 1727654400 were 4096965 with a Short Ratio of 5.22, compared to 1724976000 on 4327208. Therefore, it implies a Short% of Shares Outstanding of 4096965 and a Short% of Float of 7.62.
