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Verint Systems, Inc. (NASDAQ: VRNT) closed the day trading at $31.78 up 3.86% from the previous closing price of $30.60. In other words, the price has increased by $3.86 from its previous closing price. On the day, 0.8 million shares were traded. VRNT stock price reached its highest trading level at $32.0098 during the session, while it also had its lowest trading level at $31.07.
Ratios:
For a better understanding of VRNT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.22 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:
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 1961277312 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:
The Beta on a monthly basis for VRNT is 1.26, which has changed by -0.17540216 over the last 52 weeks, in comparison to a change of 0.23951602 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 -1.72%, while the 200-Day Moving Average is calculated to be 12.34%.
Shares Statistics:
Over the past 3-months, VRNT traded about 698.24K shares per day on average, while over the past 10 days, VRNT traded about 902300 shares per day. 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 99.71% stake in the company. Shares short for VRNT as of 1718323200 were 3011357 with a Short Ratio of 4.14, compared to 1715731200 on 2748176. Therefore, it implies a Short% of Shares Outstanding of 3011357 and a Short% of Float of 5.63.
