Verint Systems (NASDAQ:VRNT) updated its FY18 earnings guidance on Wednesday. The company provided EPS guidance of $2.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.76. The company issued revenue guidance of $1.13-1.15 billion, compared to the consensus revenue estimate of $1.14 billion.
VRNT has been the subject of a number of research analyst reports. Oppenheimer reaffirmed a buy rating and issued a $49.00 target price on shares of Verint Systems in a report on Thursday. Royal Bank Of Canada reaffirmed a buy rating and issued a $48.00 target price on shares of Verint Systems in a report on Tuesday, August 15th. Deutsche Bank increased their target price on shares of Verint Systems from $42.00 to $44.00 and gave the company a hold rating in a report on Thursday, September 7th. Finally, Zacks Investment Research raised shares of Verint Systems from a hold rating to a buy rating and set a $46.00 target price for the company in a report on Wednesday, September 13th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of $46.43.
Verint Systems (NASDAQ:VRNT) opened at $40.10 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.59 and a current ratio of 1.63. The firm has a market cap of $2,713.89, a P/E ratio of 26.10, a price-to-earnings-growth ratio of 2.36 and a beta of 1.26. Verint Systems has a one year low of $33.40 and a one year high of $44.70.
Verint Systems (NASDAQ:VRNT) last posted its quarterly earnings results on Wednesday, December 6th. The technology company reported $0.66 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.32. The company had revenue of $280.70 million for the quarter, compared to the consensus estimate of $282.01 million. Verint Systems had a negative net margin of 1.41% and a positive return on equity of 10.00%. Verint Systems’s revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 earnings per share. equities analysts expect that Verint Systems will post 1.81 EPS for the current year.
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Verint Systems Company Profile
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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