Verint Systems, Inc. (NASDAQ: VRNT) closed the day trading at $30.87 down -1.09% from the previous closing price of $31.21. On the day, 546593 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 7.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.31. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.36. 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 Apr 03 ’24 when FANTE PETER sold 8,329 shares for $31.38 per share. The transaction valued at 261,364 led to the insider holds 43,540 shares of the business.
MORIAH ELAN sold 14,353 shares of VRNT for $468,257 on Apr 01 ’24. The President now owns 79,953 shares after completing the transaction at $32.62 per share. On Mar 20 ’24, another insider, BODNER DAN, who serves as the Chairman & CEO of the company, sold 33,472 shares for $31.29 each. As a result, the insider received 1,047,339 and left with 860,630 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 1.93B and an Enterprise Value of 2.57B. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 108.47, and their Forward P/E ratio for the next fiscal year is 9.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 2.82 whereas that against EBITDA is 17.96.
Stock Price History:
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 31.08, while the 200-Day Moving Average is calculated to be 28.71.
Shares Statistics:
Over the past 3-months, VRNT traded about 563.75K shares per day on average, while over the past 10 days, VRNT traded about 863.75k shares per day. A total of 62.74M shares are outstanding, with a floating share count of 60.93M. Insiders hold about 2.32% of the company’s shares, while institutions hold 96.58% stake in the company. Shares short for VRNT as of Mar 28, 2024 were 1.41M with a Short Ratio of 2.50, compared to 1.41M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.26% and a Short% of Float of 2.59%.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of $0.55 for the current quarter, with a high estimate of $0.6 and a low estimate of $0.54, while EPS last year was $0.53. The consensus estimate for the next quarter is $0.54, with high estimates of $0.63 and low estimates of $0.49.
Analysts are recommending an EPS of between $2.9 and $2.82 for the fiscal current year, implying an average EPS of $2.88. EPS for the following year is $3.1, with 6 analysts recommending between $3.27 and $3.03.
Revenue Estimates
A total of 7 analysts have provided revenue estimates for VRNT’s current fiscal year. The highest revenue estimate was $948.06M, while the lowest revenue estimate was $930M, resulting in an average revenue estimate of $935.38M. In the same quarter a year ago, actual revenue was $910.39M, up 2.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $987.62M in the next fiscal year. The high estimate is $1.01B and the low estimate is $968.56M. The average revenue growth estimate for next year is up 5.60% from the average revenue estimate for this year.
