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As of close of business last night, Verint Systems, Inc.’s stock clocked out at $23.60, down -1.58% from its previous closing price of $23.98. In other words, the price has decreased by -$1.58 from its previous closing price. On the day, 0.76 million shares were traded. VRNT stock price reached its highest trading level at $24.22 during the session, while it also had its lowest trading level at $23.485.
Ratios:
To gain a deeper understanding of VRNT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.72. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1463329792 and an Enterprise Value of 2141359616. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.17, and their Forward P/E ratio for the next fiscal year is 7.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 2.34 whereas that against EBITDA is 14.626.
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 -18.20%, while the 200-Day Moving Average is calculated to be -22.72%.
Shares Statistics:
It appears that VRNT traded 772.45K shares on average per day over the past three months and 819340 shares per day 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 100.87% stake in the company. Shares short for VRNT as of 1726185600 were 3866941 with a Short Ratio of 5.01, compared to 1723680000 on 3343566. Therefore, it implies a Short% of Shares Outstanding of 3866941 and a Short% of Float of 7.19.
