Verint Systems (NASDAQ:VRNT) issued an update on its FY18 earnings guidance on Friday morning. The company provided EPS guidance of $2.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.75. The company issued revenue guidance of $1.13-1.15 billion, compared to the consensus revenue estimate of $1.14 billion.
Shares of Verint Systems (NASDAQ:VRNT) traded down $0.05 during midday trading on Monday, reaching $38.35. The company’s stock had a trading volume of 270,853 shares, compared to its average volume of 274,760. Verint Systems has a fifty-two week low of $36.90 and a fifty-two week high of $44.70. The company has a current ratio of 1.67, a quick ratio of 1.63 and a debt-to-equity ratio of 0.71. The company has a market cap of $2,450.00, a P/E ratio of -153.40, a P/E/G ratio of 1.79 and a beta of 1.11.
Verint Systems (NASDAQ:VRNT) last issued its earnings results on Wednesday, December 6th. The technology company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.34 by $0.32. The business had revenue of $280.70 million during the quarter, compared to the consensus estimate of $282.01 million. Verint Systems had a positive return on equity of 9.90% and a negative net margin of 1.41%. The firm’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 EPS. equities research analysts predict that Verint Systems will post 1.82 EPS for the current fiscal year.
A number of brokerages have recently issued reports on VRNT. BidaskClub upgraded Verint Systems from a sell rating to a hold rating in a research report on Thursday, December 21st. Zacks Investment Research downgraded Verint Systems from a buy rating to a sell rating in a research report on Saturday, February 3rd. Finally, Oppenheimer reiterated a buy rating and set a $49.00 price target on shares of Verint Systems in a research report on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Verint Systems currently has an average rating of Hold and an average price target of $47.50.
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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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