Verint Systems (NASDAQ:VRNT) issued an update on its FY 2020 earnings guidance on Thursday morning. The company provided EPS guidance of $3.50-3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.49. The company issued revenue guidance of $1.298-1.351 billion, compared to the consensus revenue estimate of $1.31 billion.Verint Systems also updated its FY 2019 guidance to $3.15-3.15 EPS.

Shares of VRNT stock opened at $45.02 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.65. Verint Systems has a 52-week low of $37.10 and a 52-week high of $52.45. The firm has a market capitalization of $2.97 billion, a P/E ratio of 20.46, a price-to-earnings-growth ratio of 2.06 and a beta of 1.09.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings data on Thursday, December 6th. The technology company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.14. Verint Systems had a return on equity of 12.61% and a net margin of 4.58%. The company had revenue of $307.99 million for the quarter, compared to the consensus estimate of $305.38 million. During the same quarter last year, the business posted $0.66 earnings per share. The firm’s revenue was up 8.5% compared to the same quarter last year. On average, analysts predict that Verint Systems will post 2.22 EPS for the current year.

VRNT has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price objective on Verint Systems from $50.00 to $55.00 and gave the stock a buy rating in a research report on Thursday, August 30th. They noted that the move was a valuation call. Royal Bank of Canada increased their price objective on Verint Systems to $58.00 and gave the stock an outperform rating in a research report on Thursday, September 6th. Oppenheimer increased their price objective on Verint Systems from $49.00 to $58.00 and gave the stock an outperform rating in a research report on Thursday, September 6th. ValuEngine downgraded Verint Systems from a buy rating to a hold rating in a research report on Wednesday, September 12th. Finally, BidaskClub downgraded Verint Systems from a hold rating to a sell rating in a research report on Thursday, September 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $54.92.

In related news, insider Peter Fante sold 6,603 shares of the stock in a transaction on Monday, September 10th. The stock was sold at an average price of $49.65, for a total value of $327,838.95. Following the transaction, the insider now owns 135,552 shares of the company’s stock, valued at $6,730,156.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Douglas Robinson sold 1,875 shares of the stock in a transaction on Tuesday, September 25th. The shares were sold at an average price of $49.13, for a total value of $92,118.75. Following the completion of the transaction, the chief financial officer now directly owns 176,067 shares in the company, valued at approximately $8,650,171.71. The disclosure for this sale can be found here. In the last three months, insiders sold 107,501 shares of company stock worth $5,239,269. 1.40% of the stock is owned by insiders.

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About Verint Systems

Verint Systems Inc provides actionable intelligence solutions and value-added services worldwide. Its Customer Engagement Solutions segment provides automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, customer communities, desktop and process analytics, digital feedback, email engagement, employee desktop, enterprise feedback, financial compliance, full-time recording, gamification, identity analytics, internal communities, knowledge management, mobile workforce, performance management, robotic process automation, social analytics, speech and text analytics, virtual assistant, voice self-service, voice self-service fraud detection, Web/mobile self-service, work manager, and workforce management solutions.

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