After finishing at $29.34 in the prior trading day, Verint Systems, Inc. (NASDAQ: VRNT) closed at $29.26, down -0.27%. On the day, 705562 shares were traded.
Ratios:
Our goal is to gain a better understanding of VRNT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.57. 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 15 ’24 when BODNER DAN sold 44,335 shares for $30.09 per share. The transaction valued at 1,334,040 led to the insider holds 898,234 shares of the business.
MORIAH ELAN sold 9,880 shares of VRNT for $297,289 on Apr 15 ’24. The President now owns 91,877 shares after completing the transaction at $30.09 per share. On Apr 15 ’24, another insider, FANTE PETER, who serves as the Chief Administrative Officer of the company, sold 6,244 shares for $30.09 each. As a result, the insider received 187,882 and left with 50,511 shares of the company.
Valuation Measures:
As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 102.81, and their Forward P/E ratio for the next fiscal year is 9.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 2.21.
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.
Shares Statistics:
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 96.62% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 7 different market analysts. On average, analysts expect EPS of $0.54 for the current quarter, with a high estimate of $0.55 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 $2.81 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 $938.6M, while the lowest revenue estimate was $930M, resulting in an average revenue estimate of $932.8M. In the same quarter a year ago, actual revenue was $910.39M, up 2.50% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $984.61M 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.
