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In the latest session, Verint Systems, Inc. (NASDAQ: VRNT) closed at $31.78 down -1.70% from its previous closing price of $32.33. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 0.82 million shares were traded. VRNT stock price reached its highest trading level at $32.375 during the session, while it also had its lowest trading level at $31.575.
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 8.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.36. 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 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 1995218304 and an Enterprise Value of 2612215040. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.09, and their Forward P/E ratio for the next fiscal year is 10.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.14 while its Price-to-Book (P/B) ratio in mrq is 2.41. Its current Enterprise Value per Revenue stands at 2.855 whereas that against EBITDA is 19.241.
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 -3.93%, while the 200-Day Moving Average is calculated to be 4.70%.
Shares Statistics:
For the past three months, VRNT has traded an average of 750.11K shares per day and 458180 over the past ten days. 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 101.29% stake in the company. Shares short for VRNT as of 1723680000 were 3343566 with a Short Ratio of 4.46, compared to 1721001600 on 3147846. Therefore, it implies a Short% of Shares Outstanding of 3343566 and a Short% of Float of 6.25.
