Verint Systems (VRNT) Expected to Announce Earnings on Wednesday

Verint Systems (NASDAQ:VRNT) is projected to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Verint Systems to post earnings of $1.27 per share and revenue of $276.82 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Verint Systems Stock Performance

Shares of VRNT stock opened at $21.94 on Tuesday. The company has a market capitalization of $1.37 billion, a P/E ratio of 23.34, a P/E/G ratio of 0.97 and a beta of 1.29. Verint Systems has a 12-month low of $20.67 and a 12-month high of $38.17. The business’s 50 day moving average is $24.14 and its two-hundred day moving average is $24.84. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47.

Analyst Upgrades and Downgrades

VRNT has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $40.00 price target on shares of Verint Systems in a research note on Friday, January 10th. StockNews.com raised shares of Verint Systems from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 target price on shares of Verint Systems in a research note on Wednesday, January 15th. Finally, Jefferies Financial Group increased their price target on shares of Verint Systems from $28.00 to $34.00 and gave the company a “hold” rating in a research note on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.67.

Verint Systems Company Profile

Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions.