Verint Systems (NASDAQ:VRNT) Updates FY 2025 Earnings Guidance

Verint Systems (NASDAQ:VRNT) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.890-2.890 for the period, compared to the consensus estimate of 2.840. The company issued revenue guidance of $911.4 million-$948.6 million, compared to the consensus revenue estimate of $951.8 million. Verint Systems also updated its FY25 guidance to $2.89 EPS.

Verint Systems Price Performance

Shares of VRNT stock traded up $0.15 on Wednesday, reaching $31.09. The company’s stock had a trading volume of 965,708 shares, compared to its average volume of 493,756. The stock’s fifty day simple moving average is $30.61 and its 200-day simple moving average is $26.22. Verint Systems has a 1 year low of $18.41 and a 1 year high of $40.28. The company has a current ratio of 1.36, a quick ratio of 1.33 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 773.69, a price-to-earnings-growth ratio of 1.31 and a beta of 1.20.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on VRNT shares. TheStreet raised shares of Verint Systems from a d+ rating to a c- rating in a report on Wednesday, February 14th. Needham & Company LLC restated a buy rating and issued a $40.00 price target on shares of Verint Systems in a research report on Tuesday, January 16th. StockNews.com upgraded Verint Systems from a hold rating to a buy rating in a research report on Thursday, March 14th. Finally, Royal Bank of Canada restated an outperform rating and issued a $36.00 price target on shares of Verint Systems in a research report on Thursday, December 14th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Verint Systems presently has an average rating of Moderate Buy and a consensus price target of $35.20.

Insider Buying and Selling at Verint Systems

In other Verint Systems news, CEO Dan Bodner sold 33,472 shares of Verint Systems stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $31.29, for a total value of $1,047,338.88. Following the transaction, the chief executive officer now owns 860,630 shares in the company, valued at $26,929,112.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Verint Systems

Large investors have recently modified their holdings of the business. Dark Forest Capital Management LP purchased a new stake in shares of Verint Systems during the first quarter worth about $35,000. PNC Financial Services Group Inc. grew its stake in shares of Verint Systems by 764.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,037 shares of the technology company’s stock worth $28,000 after acquiring an additional 917 shares during the last quarter. KBC Group NV purchased a new stake in shares of Verint Systems during the fourth quarter worth about $43,000. Tower Research Capital LLC TRC grew its stake in shares of Verint Systems by 60.2% during the first quarter. Tower Research Capital LLC TRC now owns 1,801 shares of the technology company’s stock worth $67,000 after acquiring an additional 677 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its holdings in shares of Verint Systems by 14.5% during the first quarter. Great West Life Assurance Co. Can now owns 3,456 shares of the technology company’s stock worth $190,000 after purchasing an additional 438 shares during the period. Hedge funds and other institutional investors own 94.95% of the company’s stock.

About Verint Systems

Verint Systems Inc provides customer engagement solutions worldwide. It offers various applications for use in Forecasting and Scheduling, which understands the work needed to meet and exceed customer expectations; Quality and Compliance that uses automation and analytics for customer interactions for attended and self-service channels; Interaction Insights, which extracts insights from structured and unstructured customer interactions and activities; Real-Time Work that supports in-the-moment workforce activities; Engagement Channels, an application for messaging, social, chat, email, and interactive voice response; Conversational AI, an intelligent virtual assistant application to enable human-like conversations across every channel; Knowledge Management, which enables humans and bots to deliver service with tools.