Shares of Verint Systems Inc. (NASDAQ:VRNT – Get Rating) have earned a consensus recommendation of "Moderate Buy" from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $63.80.

Several equities analysts have commented on the company. TheStreet lowered Verint Systems from a "b-" rating to a "c" rating in a research report on Tuesday, April 12th. Needham & Company LLC reissued a "buy" rating and issued a $61.00 target price on shares of Verint Systems in a research report on Wednesday, June 8th. StockNews.com raised Verint Systems from a "hold" rating to a "buy" rating in a research report on Wednesday, July 6th. Evercore ISI cut their price target on Verint Systems to $65.00 in a research note on Thursday, June 9th. Finally, The Goldman Sachs Group downgraded Verint Systems from a "buy" rating to a "neutral" rating and set a $57.00 price objective for the company. in a research note on Tuesday, April 12th.

Insider Activity at Verint Systems

In related news, insider Peter Fante sold 957 shares of the stock in a transaction on Tuesday, June 14th. The stock was sold at an average price of $43.21, for a total transaction of $41,351.97. Following the sale, the insider now owns 52,706 shares in the company, valued at approximately $2,277,426.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Verint Systems news, CEO Dan Bodner sold 6,482 shares of the company's stock in a transaction on Monday, June 13th. The stock was sold at an average price of $44.88, for a total value of $290,912.16. Following the transaction, the chief executive officer now owns 1,042,169 shares of the company's stock, valued at approximately $46,772,544.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Peter Fante sold 957 shares of the company's stock in a transaction on Tuesday, June 14th. The shares were sold at an average price of $43.21, for a total value of $41,351.97. Following the completion of the transaction, the insider now directly owns 52,706 shares in the company, valued at approximately $2,277,426.26. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,701 shares of company stock worth $1,198,489. Company insiders own 2.40% of the company's stock.

Hedge Funds Weigh In On Verint Systems

Verint Systems Trading Up 1.2 %

Shares of VRNT opened at $45.67 on Friday. The firm's 50 day simple moving average is $45.31 and its 200 day simple moving average is $49.50. The company has a market capitalization of $2.95 billion, a P/E ratio of -415.14, a P/E/G ratio of 1.98 and a beta of 0.84. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.22 and a quick ratio of 1.20. Verint Systems has a 1-year low of $39.83 and a 1-year high of $56.39.

Verint Systems (NASDAQ:VRNT – Get Rating) last issued its quarterly earnings results on Tuesday, June 7th. The technology company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.01. The business had revenue of $219.25 million for the quarter, compared to analysts' expectations of $215.52 million. Verint Systems had a net margin of 1.56% and a return on equity of 13.49%. The business's quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the business earned $0.23 earnings per share. Sell-side analysts forecast that Verint Systems will post 1.49 earnings per share for the current fiscal year.

About Verint Systems

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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; Engagement Orchestration, an application that improves employee efficiency, time to resolution, compliance, and customer satisfaction with workflows; Knowledge Management, which help agents to deliver stellar service with tools.

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