In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Verint Systems, Inc’s stock clocked out at $24.36, down -2.87% from its previous closing price of $25.08. In other words, the price has decreased by -$2.87 from its previous closing price. On the day, 0.98 million shares were traded. VRNT stock price reached its highest trading level at $25.31 during the session, while it also had its lowest trading level at $24.28.
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 8.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.00. 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:
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 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:
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 1517255296 and an Enterprise Value of 2288312832. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.67, and their Forward P/E ratio for the next fiscal year is 7.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 1.73. Its current Enterprise Value per Revenue stands at 2.501 whereas that against EBITDA is 15.63.
Stock Price History:
The Beta on a monthly basis for VRNT is 1.26, which has changed by -0.14345992 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. 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 -6.76%, while the 200-Day Moving Average is calculated to be -16.00%.
Shares Statistics:
It appears that VRNT traded 851.33K shares on average per day over the past three months and 833100 shares per day over the past ten days. A total of 62.28M shares are outstanding, with a floating share count of 61.26M. Insiders hold about 1.65% of the company’s shares, while institutions hold 100.12% stake in the company. Shares short for VRNT as of 1731628800 were 3619404 with a Short Ratio of 4.11, compared to 1728950400 on 3659643. Therefore, it implies a Short% of Shares Outstanding of 3619404 and a Short% of Float of 6.7299999999999995.
