Verint Systems (NASDAQ:VRNT) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.76. The company issued revenue guidance of $1.13-1.15 billion, compared to the consensus revenue estimate of $1.14 billion.

Shares of Verint Systems (NASDAQ VRNT) traded down $0.25 during midday trading on Wednesday, hitting $42.95. The stock had a trading volume of 463,900 shares, compared to its average volume of 418,577. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.59 and a current ratio of 1.63. The firm has a market capitalization of $2,753.34, a P/E ratio of 26.83, a PEG ratio of 2.39 and a beta of 1.26. Verint Systems has a fifty-two week low of $33.40 and a fifty-two week high of $44.70.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings data on Wednesday, December 6th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.54). The business had revenue of $280.70 million for the quarter, compared to analyst estimates of $282.01 million. Verint Systems had a positive return on equity of 9.90% and a negative net margin of 2.42%. The business’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 earnings per share. equities research analysts forecast that Verint Systems will post 1.81 earnings per share for the current year.

A number of research firms have weighed in on VRNT. Zacks Investment Research downgraded Verint Systems from a buy rating to a hold rating in a research report on Wednesday, November 8th. Oppenheimer restated a buy rating and issued a $49.00 target price on shares of Verint Systems in a research report on Thursday, September 28th. Deutsche Bank upped their target price on Verint Systems from $42.00 to $44.00 and gave the stock a hold rating in a research report on Thursday, September 7th. Finally, Royal Bank Of Canada restated a buy rating and issued a $48.00 target price on shares of Verint Systems in a research report on Tuesday, August 15th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Verint Systems has an average rating of Buy and a consensus target price of $46.43.

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Verint Systems Company Profile

Verint Systems Inc offers Actionable Intelligence solutions. The Company delivers its Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and Cyber Intelligence Solutions. It is a provider of customer engagement software and services that can be deployed on-premises or in the cloud.

Earnings History and Estimates for Verint Systems (NASDAQ:VRNT)

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