You Should Know These Things About Verint Systems Inc. (VRNT)

As of Wednesday close, Verint Systems Inc.’s (NASDAQ:VRNT) stock was up $0.3, moving up 0.63 percent to $48.10. The average number of shares traded per day over the past five days has been 534,500 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.43 fall in that time frame. In the last twenty days, the average volume was 488,655, while in the previous 50 days, it was 530,138.

Since last month, VRNT stock rose 3.75%. Shares of the company fell to $45.76 on 10/28/21, the lowest level in the past month. A 52-week high of $52.70 was reached on 02/03/21 after having rallying from a 52-week low of $28.16. Since the beginning of this year, VRNT’s stock price has risen by 40.58% or $14.51, and marked a new high 16 times. However, the stock has declined by -8.73% since its 52-week high.


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Insider Transactions

Verint Systems Inc. (VRNT) last reported insider trading activity 59 days ago on Sep 27. Robinson Douglas, the Chief Financial Officer of the company, disposed of 2,627 shares for $45.94 on Sep 27. It resulted in a $120,684 divestment by the insider. FANTE PETER sold 7,787 shares at an average price of $45.50 on Sep 23. The insider now owns 48,770 shares following the transaction. On Sep 15, President MORIAH ELAN sold 4,500 shares at $44.17 apiece. The transaction was valued at $198,765.

Valuation Metrics

Within the last five years, Verint Systems Inc.’s PE ratio varied between 420.33 and 24.27. The stock’s beta is 0.85. Besides these, the trailing price-to-sales (P/S) ratio of 2.87, the price-to-book (PB) ratio of 3.33, and the price-to-cash flow ratio of 27.93 may also be considered.

In the three months ended July 30, Verint Systems Inc.’s quick ratio stood at 1.40, while its current ratio was 1.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending July 30 was 0.43, and the total debt-to-equity ratio was 0.43. On the profitability front, the trailing twelve-month gross margin is 67.10% percent. In the year ended July 30, EBITDA margin amounted to 16.20%, whereas operating margins totaled 6.70%. Based on annual data, VRNT earned $858.11 million in gross profit and brought in $1.27 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.50%. Return on equity (ROE) for the past 12 months was -1.60%. In the past year, the industry average ROE stood at 3.34.

Earnings Surprise

In Verint Systems Inc.’s quarter-end financial report for July 30, it reported total debt of $405.87 million against cash and short-term investments of $0.67 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VRNT’s revenue fell -44.03% to $200.9 million during the quarter, while net income inched up to $214.62 million. While analysts expected Verint Systems Inc. to report $0.42 quarterly earnings, the actual figure was $0.58 per share, beating the consensus estimate by 38.10%. During the quarter, the company generated $30.16 million in EBITDA. The liabilities of Verint Systems Inc. were 897.03 million at the end of its most recent quarter ended July 30, and its total debt was $466.31 million. The value of shareholders’ equity is $65.41 million.

Technical Picture

This quick technical analysis looks at Verint Systems Inc.’s (VRNT) price momentum. With a historical volatility rate of 10.58%, the RSI 9-day stood at 59.65% on 24 November.

With respect to its five-day moving average, the current Verint Systems Inc. price is down by -0.89% percent or -$0.43. At present, VRNT shares trade +4.57% above its 20-day simple moving average and +8.46% percent above its 100-day simple moving average. However, the stock is currently trading approximately +7.56% above its SMA50 and -5.28% below its SMA200.

Stochastic coefficient K was 62.84% and Stochastic coefficient D was 69.83%, while ATR was 0.82. Given the Stochastic reading of 65.98% for the 14-day period, the RSI (14) reading has been calculated as 61.69%. As of today, the MACD Oscillator reading stands at -0.09, while the 14-day reading stands at 0.22.

Analyst Ratings

Cowen launched its rating on Verint Systems Inc. (NASDAQ: VRNT) to an Outperform in a note to investors on September 01, 2021. Verint Systems Inc. (VRNT) has been rated Buy by analysts. According to 0 brokerage firms, VRNT is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Verint Systems Inc. stock as buy, with 9 recommending it as overweight.

What is VRNT’s price target for the next 12 months?

With a median target price of $60.00, the current consensus forecast for the stock is $55.00 – $75.00. Based on these forecasts, analysts predict Verint Systems Inc. (VRNT) will achieve an average price target of $62.89.

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