Verint Systems (NASDAQ:VRNT) Releases 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 Stock Up 0.5 %

VRNT opened at $31.09 on Thursday. The stock has a market cap of $1.96 billion, a PE ratio of 777.44, a P/E/G ratio of 1.32 and a beta of 1.20. The company has a quick ratio of 1.33, a current ratio of 1.36 and a debt-to-equity ratio of 0.51. Verint Systems has a 52 week low of $18.41 and a 52 week high of $40.28. The business’s fifty day simple moving average is $30.70 and its 200 day simple moving average is $26.25.

Analyst Upgrades and Downgrades

VRNT has been the topic of a number of research analyst reports. StockNews.com raised Verint Systems from a hold rating to a buy rating in a research note on Thursday, March 14th. Royal Bank of Canada restated an outperform rating and set a $36.00 price target on shares of Verint Systems in a research report on Thursday, December 14th. Oppenheimer restated a market perform rating on shares of Verint Systems in a research report on Thursday. Needham & Company LLC restated a buy rating and set a $40.00 price target on shares of Verint Systems in a research report on Thursday. Finally, TheStreet upgraded shares of Verint Systems from a d+ rating to a c- rating in a research report on Wednesday, February 14th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of $35.20.

Insider Transactions at Verint Systems

In other Verint Systems news, CEO Dan Bodner sold 33,472 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $31.29, for a total value of $1,047,338.88. Following the completion of the sale, the chief executive officer now directly owns 860,630 shares in the company, valued at $26,929,112.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Verint Systems

A number of institutional investors and hedge funds have recently made changes to their positions in VRNT. Raymond James & Associates increased its stake in shares of Verint Systems by 12.1% during the first quarter. Raymond James & Associates now owns 7,821 shares of the technology company’s stock valued at $404,000 after purchasing an additional 843 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Verint Systems by 53.6% during the first quarter. MetLife Investment Management LLC now owns 34,707 shares of the technology company’s stock valued at $1,794,000 after acquiring an additional 12,108 shares in the last quarter. Great West Life Assurance Co. Can increased its position 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 valued at $190,000 after acquiring an additional 438 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Verint Systems by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,415,021 shares of the technology company’s stock valued at $73,156,000 after acquiring an additional 24,335 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Verint Systems during the first quarter valued at approximately $2,533,000. 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.