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The closing price of Verint Systems, Inc (NASDAQ: VRNT) was $30.29 for the day, down -0.62% from the previous closing price of $30.48. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 0.8 million shares were traded. VRNT stock price reached its highest trading level at $30.65 during the session, while it also had its lowest trading level at $29.39.
Ratios:
Our analysis of VRNT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.43. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1898437888 and an Enterprise Value of 2288312832. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.91, and their Forward P/E ratio for the next fiscal year is 9.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 2.501 whereas that against EBITDA is 15.63.
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 24.59%, while the 200-Day Moving Average is calculated to be 2.77%.
Shares Statistics:
VRNT traded an average of 880.01K shares per day over the past three months and 1596190 shares per day over the past ten days. A total of 62.28M shares are outstanding, with a floating share count of 61.17M. Insiders hold about 1.79% of the company’s shares, while institutions hold 100.04% stake in the company. Shares short for VRNT as of 1731628800 were 3619404 with a Short Ratio of 4.28, compared to 1728950400 on 3659643. Therefore, it implies a Short% of Shares Outstanding of 3619404 and a Short% of Float of 6.7299999999999995.
