Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Verint Systems, Inc (NASDAQ: VRNT) closed at $23.29 up 0.47% from its previous closing price of $23.18. In other words, the price has increased by $0.47 from its previous closing price. On the day, 0.52 million shares were traded. VRNT stock price reached its highest trading level at $23.4 during the session, while it also had its lowest trading level at $22.86.
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 6.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.58. 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:
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 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 1444108160 and an Enterprise Value of 2122137984. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.70, and their Forward P/E ratio for the next fiscal year is 7.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 1.73. Its current Enterprise Value per Revenue stands at 2.319 whereas that against EBITDA is 14.495.
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 $21.27. The 50-Day Moving Average of the stock is -2.20%, while the 200-Day Moving Average is calculated to be -21.82%.
Shares Statistics:
For the past three months, VRNT has traded an average of 803.73K shares per day and 751400 over the past ten days. 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 100.42% stake in the company. Shares short for VRNT as of 1730332800 were 4156008 with a Short Ratio of 5.17, compared to 1727654400 on 4096965. Therefore, it implies a Short% of Shares Outstanding of 4156008 and a Short% of Float of 7.7299999999999995.
