Market Momentum: Verint Systems, Inc (VRNT) Registers a -4.24 Decrease, Closing at 25.28

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Verint Systems, Inc (NASDAQ: VRNT) closed the day trading at $25.28 down -4.24% from the previous closing price of $26.40. In other words, the price has decreased by -$4.24 from its previous closing price. On the day, 0.51 million shares were traded.

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 8.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.

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 Dec 19 ’24 when MORIAH ELAN sold 35,556 shares for $27.72 per share. The transaction valued at 985,438 led to the insider holds 101,014 shares of the business.

FANTE PETER sold 16,233 shares of VRNT for $446,765 on Dec 19 ’24. The Chief Administrative Officer now owns 73,314 shares after completing the transaction at $27.52 per share. On Dec 18 ’24, another insider, Highlander Grant A, who serves as the Chief Financial Officer of the company, sold 12,880 shares for $29.25 each. As a result, the insider received 376,740 and left with 117,137 shares of the company.

Valuation Measures:

As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.64, and their Forward P/E ratio for the next fiscal year is 8.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 1.79.

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 -5.17%, while the 200-Day Moving Average is calculated to be -11.13%.

Shares Statistics:

A total of 62.28M shares are outstanding, with a floating share count of 61.24M. Insiders hold about 1.67% of the company’s shares, while institutions hold 104.26% stake in the company.

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