Verint Systems Inc. (VRNT): Currently traded at $44.29 on Tuesday, August 04


Verint Systems Inc. (NASDAQ:VRNT) changes shares on Tuesday trading session, with a change of -1.39% or -$0.63 shares. The trading starts at $44.88 and closed at $44.92 throughout the day. The trading session low price was $44.18 and day high was $45.06 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 0.51 million while its average volume is 549.52K. In other hand, the VRNT market cap reached to $2.83B. While, its current target price is $56.43.

On May 13, 2019, Neuberger urges Verint investors to back its board nominees. According to the news reported on Reuters, Asset manager Neuberger Berman on Monday urged shareholders of Verint Systems to vote for its three director nominees and asked the data analytics company to detail its cloud strategy.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 3.11% and down -0.97% for month. Its quarterly performance was 0.76% above, while its half year performance is down -25.01%. VRNT yearly performance stood at negative -19.04% and fall -19.99% for year-to-date. Current recommendation for Verint Systems Inc. is 1.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. VRNT EPS (TTM) for 12-month is 0.31. EPS for this year is -57.30%, while for the next year its value is 3.75. Sales growth for the current quarter is 10.24 while its EPS Q/Q reached -497.70%. It has an EPS of -4.00% down for past five years and for the next five years will be up 14.00%.

Let’s take a look on the analyst recommendations on VRNT for the current month and previous month. For the current month, 7 of 7 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $52.00 – $64.00. Average target price for VRNT was reached at $55.14.

Vanguard Group, Inc. (The), Blackrock Inc. and Clal Insurance Enterprises Holdings Ltd are the top three holders in Verint Systems Inc. (VRNT) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 6.96 million shares which valued 299.42 million. On Mar 30, 2020, Blackrock Inc. owned 4.85 million shares which valued at 208.45 million. On Mar 30, 2020, Clal Insurance Enterprises Holdings Ltd has a total of 3.3 million shares which valued at 141.79 million. In the end, Clal Insurance Enterprises Holdings Ltd have 5.11% shares outstanding of Verint Systems Inc. (VRNT) on Mar 30, 2020. The insider ownership moved to 1.60% and institutional holding shifted to 98.10%.

The company posted an EPS (TTM) of 0.31. According to the most recent quarter report on (Jul 2020), 7 analysts estimated an average EPS of 0.69, while 0.82 EPS posted a year ago period. Analyst Estimated EPS for VRNT published in the report was $0.54 – $0.85 during the same period. Comparing with last year, the average estimated EPS was 0.82 which is higher than 0.52 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for VRNT fall -7.34% for period of 200 days. SMA for 50 days was -0.61% which is showing red signal, while SMA-20 was 1.22%. The moving average value for Verint Systems Inc. (VRNT) is 1.72M and 2.72% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in VRNT stock. On Jun 16, FANTE PETER, Chief Administrative Officer, sold 4,230 trading shares at the cost of $43.90, which valued at 0.19 million. On Jun 15, Robinson Douglas, Chief Financial Officer, sold 252 shares at the cost of $42.98, with total shares of 182,896. On Jun 15, MORIAH ELAN, President, CES, sold 300 shares at the cost of 42.97. After this transaction, MORIAH ELAN total shares reached to 94,412 which valued at 12891.0.