Currently, there are 62.28M common shares owned by the public and among those 61.26M shares have been available to trade.
The company’s stock has a 5-day price change of -3.17% and 5.48% over the past three months. VRNT shares are trading -11.00% year to date (YTD), with the 12-month market performance down to -8.50% lower. It has a 12-month low price of $21.27 and touched a high of $38.17 over the same period. VRNT has an average intraday trading volume of 857.62K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.36%, -6.67%, and -15.66% respectively.
Institutional ownership of Verint Systems, Inc (NASDAQ: VRNT) shares accounts for 100.55% of the company’s 62.28M shares outstanding.
It has a market capitalization of $1.52B and a beta (3y monthly) value of 1.26. The stock’s trailing 12-month PE ratio is 25.74, while the earnings-per-share (ttm) stands at $0.95. The company has a PEG of 2.57 and a Quick Ratio of 1.28 with the debt-to-equity ratio at 0.34. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.07% over the week and 3.84% over the month.
Analysts forecast that Verint Systems, Inc (VRNT) will achieve an EPS of 1.27 for the current quarter, 0.63 for the next quarter and 3.11 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.26 while analysts give the company a high EPS estimate of 1.26. Comparatively, EPS for the current quarter was 1.07 a year ago. Earnings per share for the fiscal year are expected to increase by 6.16%, and 7.44% over the next financial year. EPS should grow at an annualized rate of 10.00% over the next five years, compared to -22.59% over the past 5-year period.
Evercore ISI coverage for the Verint Systems, Inc (VRNT) stock in a research note released on September 07, 2023 offered a In-line rating with a price target of $28. Jefferies was of a view on January 05, 2023 that the stock is Hold, while Goldman gave the stock Neutral rating on April 12, 2022, issuing a price target of $57. Cowen on their part issued Outperform rating on September 01, 2021.
