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After finishing at $31.50 in the prior trading day, Verint Systems, Inc. (NASDAQ: VRNT) closed at $33.09, up 5.05%. In other words, the price has increased by $5.05 from its previous closing price. On the day, 0.54 million shares were traded. VRNT stock price reached its highest trading level at $33.41 during the session, while it also had its lowest trading level at $32.24.
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 8.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.36 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 Jun 20 ’24 when BODNER DAN sold 375,000 shares for $33.76 per share. The transaction valued at 12,660,000 led to the insider holds 609,764 shares of the business.
BODNER DAN sold 14,277 shares of VRNT for $500,266 on Jun 18 ’24. The Chairman & CEO now owns 984,764 shares after completing the transaction at $35.04 per share. On Jun 18 ’24, another insider, MORIAH ELAN, who serves as the President of the company, sold 4,954 shares for $35.04 each. As a result, the insider received 173,588 and left with 146,411 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 2042122880 and an Enterprise Value of 2594917632. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.85, and their Forward P/E ratio for the next fiscal year is 10.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 2.51. Its current Enterprise Value per Revenue stands at 2.836 whereas that against EBITDA is 19.113.
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 -1.26%, while the 200-Day Moving Average is calculated to be 11.15%.
Shares Statistics:
The stock has traded on average 759.12K shares per day over the past 3-months and 556230 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 60.57M. Insiders hold about 1.85% of the company’s shares, while institutions hold 101.23% stake in the company. Shares short for VRNT as of 1722384000 were 3417616 with a Short Ratio of 4.50, compared to 1719532800 on 2888947. Therefore, it implies a Short% of Shares Outstanding of 3417616 and a Short% of Float of 6.39.
