Verint Systems (NASDAQ:VRNT) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, December 6th. Analysts expect the company to announce earnings of $0.66 per share for the quarter.
Verint Systems (NASDAQ:VRNT) last posted its earnings results on Wednesday, September 6th. The technology company reported $0.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.14. Verint Systems had a positive return on equity of 9.90% and a negative net margin of 2.42%. The company had revenue of $278.20 million during the quarter, compared to the consensus estimate of $270.14 million. During the same quarter last year, the firm earned $0.57 earnings per share. The company’s revenue was up 5.3% on a year-over-year basis. On average, analysts expect Verint Systems to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Verint Systems (NASDAQ VRNT) opened at $43.20 on Tuesday. Verint Systems has a twelve month low of $33.40 and a twelve month high of $44.70. The company has a current ratio of 1.63, a quick ratio of 1.59 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $2,785.21, a price-to-earnings ratio of 27.14, a PEG ratio of 2.42 and a beta of 1.26.
A number of equities research analysts have recently weighed in on VRNT shares. Zacks Investment Research downgraded Verint Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 9th. Royal Bank Of Canada reissued a “buy” rating and set a $48.00 target price on shares of Verint Systems in a report on Tuesday, August 15th. Deutsche Bank lifted their target price on Verint Systems from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Thursday, September 7th. Finally, Oppenheimer restated a “buy” rating and issued a $49.00 price target on shares of Verint Systems in a research report on Thursday, September 7th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Verint Systems has an average rating of “Buy” and a consensus price target of $46.43.
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About Verint Systems
Verint Systems Inc offers Actionable Intelligence solutions. The Company delivers its Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and Cyber Intelligence Solutions. It is a provider of customer engagement software and services that can be deployed on-premises or in the cloud.
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