In the Green: Verint Systems, Inc. (VRNT) Closes at 24.91, Up/Down -0.72 from Previous Day

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Verint Systems, Inc. (NASDAQ: VRNT) closed at $24.91 down -0.72% from its previous closing price of $25.09. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 0.71 million shares were traded. VRNT stock price reached its highest trading level at $25.355 during the session, while it also had its lowest trading level at $24.71.

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 7.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.32. 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 1544557056 and an Enterprise Value of 2222586880. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.12, and their Forward P/E ratio for the next fiscal year is 7.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 2.429 whereas that against EBITDA is 15.181.

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 -20.51%, while the 200-Day Moving Average is calculated to be -18.89%.

Shares Statistics:

For the past three months, VRNT has traded an average of 797.59K shares per day and 989750 over the past ten days. A total of 62.74M shares are outstanding, with a floating share count of 60.89M. Insiders hold about 1.80% of the company’s shares, while institutions hold 100.75% stake in the company. Shares short for VRNT as of 1724976000 were 4327208 with a Short Ratio of 5.43, compared to 1722384000 on 3417616. Therefore, it implies a Short% of Shares Outstanding of 4327208 and a Short% of Float of 8.05.

Most Popular