Verint Systems (NASDAQ:VRNT) updated its FY18 earnings guidance on Friday. The company provided EPS guidance of $2.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.75. The company issued revenue guidance of $1.13-1.15 billion, compared to the consensus revenue estimate of $1.14 billion.
A number of research analysts have weighed in on VRNT shares. BidaskClub upgraded Verint Systems from a hold rating to a buy rating in a report on Wednesday, December 27th. Zacks Investment Research upgraded Verint Systems from a hold rating to a buy rating and set a $47.00 price objective on the stock in a report on Saturday, December 23rd. Finally, Oppenheimer restated a buy rating and issued a $49.00 price objective on shares of Verint Systems in a report on Wednesday, December 20th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of Buy and an average target price of $47.50.
Shares of Verint Systems (VRNT) traded down $0.60 during mid-day trading on Friday, reaching $42.75. The company’s stock had a trading volume of 254,600 shares, compared to its average volume of 271,917. The company has a quick ratio of 1.63, a current ratio of 1.67 and a debt-to-equity ratio of 0.71. The stock has a market cap of $2,750.00, a price-to-earnings ratio of -171.00, a P/E/G ratio of 2.39 and a beta of 1.26. Verint Systems has a 12 month low of $35.90 and a 12 month high of $44.70.
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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.
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