In a report released today, Shaul Eyal from TD Cowen reiterated a Buy rating on Verint Systems (VRNT – Research Report). The company’s shares closed yesterday at $25.66.
According to TipRanks, Eyal is a top 25 analyst with an average return of 27.3% and a 70.97% success rate. Eyal covers the Technology sector, focusing on stocks such as Verint Systems, SentinelOne, and Palo Alto Networks.
Currently, the analyst consensus on Verint Systems is a Moderate Buy with an average price target of $33.67.
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VRNT market cap is currently $1.62B and has a P/E ratio of 878.77.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VRNT in relation to earlier this year.
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Verint Systems (VRNT) Company Description:
Verint Systems, Inc. engages in providing actionable intelligence. It operates through the following segments: Enterprise Intelligence Solutions, Cyber Intelligence Solutions, and Video and Situation Intelligence Solutions. The Enterprise Intelligence segment includes solutions for customer analytics, engagement management, and workforce optimization. The Cyber Intelligence Solutions segment addresses the security intelligence market. The Video and Situation Intelligence Solutions segment handles the fraud, risk, and compliance market. The company was founded in February 1994 and is headquartered in Melville, NY.
Read More on VRNT:
- Verint awarded $49M from U.S. healthcare company
- The cloud and communications stocks to own in 2024, according to Oppenheimer
- Verint (NASDAQ:VRNT) Climbs after Better-than-Expected Q3 Results
- Verint jumps 10.6% to $26.57 after Q3 earnings beat, affirmed guidance
- Verint sees FY24 EPS $2.65, consensus $2.62
