Verint Systems (NASDAQ:VRNT) Issues 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 guidance of 2.890-2.890 for the period, compared to the consensus earnings per share 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 Trading Up 6.6 %

NASDAQ:VRNT opened at $33.15 on Friday. The stock’s 50 day moving average price is $30.82 and its 200 day moving average price is $26.30. Verint Systems has a 52 week low of $18.41 and a 52 week high of $40.28. The company has a market capitalization of $2.09 billion, a P/E ratio of 114.31, a P/E/G ratio of 1.32 and a beta of 1.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 1.36.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other 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 transaction of $1,047,338.88. Following the transaction, the chief executive officer now owns 860,630 shares in the company, valued at approximately $26,929,112.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Verint Systems

Several hedge funds have recently added to or reduced their stakes in the business. Raymond James & Associates lifted its holdings 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 worth $404,000 after buying an additional 843 shares in the last quarter. MetLife Investment Management LLC lifted its holdings 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 worth $1,794,000 after buying an additional 12,108 shares in the last quarter. 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 buying an additional 438 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings 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 worth $73,156,000 after buying an additional 24,335 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Verint Systems during the first quarter worth $2,533,000. Institutional investors and hedge funds own 94.95% of the company’s stock.

Verint Systems Company Profile

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.