Somewhat Positive Media Coverage Somewhat Unlikely to Affect Verint Systems (VRNT) Stock Price

News coverage about Verint Systems (NASDAQ:VRNT) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Verint Systems earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 46.0993698876476 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Verint Systems traded down $0.40, reaching $44.55, during trading on Wednesday, according to Marketbeat.com. 287,581 shares of the company were exchanged, compared to its average volume of 484,486. The company has a market cap of $2.88 billion, a P/E ratio of 25.17, a PEG ratio of 1.99 and a beta of 1.06. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.53 and a quick ratio of 1.50. Verint Systems has a 52 week low of $37.05 and a 52 week high of $46.45.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings data on Thursday, June 7th. The technology company reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.05. The firm had revenue of $291.97 million during the quarter, compared to the consensus estimate of $281.79 million. Verint Systems had a return on equity of 10.69% and a net margin of 0.94%. The firm’s revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.49 EPS. research analysts anticipate that Verint Systems will post 2.26 earnings per share for the current year.

A number of brokerages have recently weighed in on VRNT. Zacks Investment Research upgraded Verint Systems from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a report on Thursday, June 14th. BidaskClub upgraded Verint Systems from a “sell” rating to a “hold” rating in a research note on Friday, June 8th. Imperial Capital upped their price objective on Verint Systems from $47.00 to $49.50 and gave the stock an “outperform” rating in a research note on Thursday, May 31st. Finally, Royal Bank of Canada upped their price objective on Verint Systems from $48.00 to $50.00 and gave the stock a “positive” rating in a research note on Thursday, March 29th. They noted that the move was a valuation call. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $48.70.

About Verint Systems

Verint Systems Inc provides actionable intelligence solutions and value-added services worldwide. Its Customer Engagement Solutions segment provides automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, customer communities, desktop and process analytics, digital feedback, email engagement, employee desktop, enterprise feedback, financial compliance, full-time recording, gamification, identity analytics, internal communities, knowledge management, mobile workforce, performance management, robotic process automation, social analytics, speech and text analytics, virtual assistant, voice self-service, voice self-service fraud detection, Web/mobile self-service, work manager, and workforce management solutions.

Insider Buying and Selling by Quarter for Verint Systems (NASDAQ:VRNT)

Receive News & Ratings for Verint Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verint Systems and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply