News headlines about Verint Systems (NASDAQ:VRNT) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Verint Systems earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 47.0745400238682 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
VRNT has been the topic of several research analyst reports. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $50.00 target price (up previously from $48.00) on shares of Verint Systems in a research note on Friday, June 9th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $48.00 target price on shares of Verint Systems in a research note on Tuesday, August 15th. Zacks Investment Research raised Verint Systems from a “hold” rating to a “buy” rating and set a $46.00 target price on the stock in a research note on Wednesday, September 13th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $49.00 target price on shares of Verint Systems in a research note on Thursday, September 7th. Finally, Deutsche Bank AG boosted their price target on Verint Systems from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Thursday, September 7th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $46.43.
Shares of Verint Systems (NASDAQ VRNT) opened at 40.70 on Friday. The company has a 50 day moving average price of $39.07 and a 200 day moving average price of $40.03. The company’s market cap is $2.59 billion. Verint Systems has a 52 week low of $33.40 and a 52 week high of $44.70.
Verint Systems (NASDAQ:VRNT) last announced its earnings results on Wednesday, September 6th. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.14. Verint Systems had a positive return on equity of 9.90% and a negative net margin of 2.42%. The business had revenue of $278.20 million for the quarter, compared to analyst estimates of $270.14 million. During the same quarter last year, the firm earned $0.57 EPS. Verint Systems’s revenue for the quarter was up 5.3% compared to the same quarter last year. On average, equities analysts expect that Verint Systems will post $2.76 earnings per share for the current year.
In related news, CFO Douglas Robinson sold 2,635 shares of Verint Systems stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $40.86, for a total value of $107,666.10. Following the sale, the chief financial officer now owns 159,818 shares of the company’s stock, valued at approximately $6,530,163.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.30% of the stock is currently owned by company insiders.
Verint Systems Company Profile
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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