Daily Progress: Verint Systems, Inc. (VRNT) Drop -1.43, Closing at 34.47

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In the latest session, Verint Systems, Inc. (NASDAQ: VRNT) closed at $34.47 down -1.43% from its previous closing price of $34.97. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 1.41 million shares were traded. VRNT stock price reached its highest trading level at $35.38 during the session, while it also had its lowest trading level at $33.75.

Ratios:

For a deeper understanding of Verint Systems, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.58. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 18 ’24 when BODNER DAN sold 14,277 shares for $35.04 per share. The transaction valued at 500,266 led to the insider holds 984,764 shares of the business.

MORIAH ELAN sold 4,954 shares of VRNT for $173,588 on Jun 18 ’24. The President now owns 146,411 shares after completing the transaction at $35.04 per share. On Jun 18 ’24, another insider, FANTE PETER, who serves as the Chief Administrative Officer of the company, sold 1,311 shares for $35.04 each. As a result, the insider received 45,937 and left with 97,664 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 2160024832 and an Enterprise Value of 2778394368. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72.77, and their Forward P/E ratio for the next fiscal year is 10.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 2.61. Its current Enterprise Value per Revenue stands at 3.036 whereas that against EBITDA is 20.465.

Stock Price History:

The Beta on a monthly basis for VRNT is 1.29, which has changed by 0.0032013655 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, VRNT has reached a high of $40.28, while it has fallen to a 52-week low of $18.41. The 50-Day Moving Average of the stock is 8.58%, while the 200-Day Moving Average is calculated to be 23.82%.

Shares Statistics:

For the past three months, VRNT has traded an average of 654.45K shares per day and 886460 over the past ten days. A total of 62.74M shares are outstanding, with a floating share count of 60.21M. Insiders hold about 2.44% of the company’s shares, while institutions hold 99.95% stake in the company. Shares short for VRNT as of 1715731200 were 2748176 with a Short Ratio of 4.49, compared to 1713139200 on 1790717. Therefore, it implies a Short% of Shares Outstanding of 2748176 and a Short% of Float of 5.12.

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