Verint Systems (VRNT) Projected to Post Quarterly Earnings on Wednesday

Verint Systems (NASDAQ:VRNT) will likely be releasing its earnings data 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. Investors interested in participating in the company’s conference call can do so using this link.

Verint Systems Stock Down 2.2 %

Shares of VRNT opened at $21.40 on Monday. The firm has a market cap of $1.33 billion, a P/E ratio of 22.77, a PEG 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 stock’s 50 day moving average is $24.20 and its two-hundred day moving average is $24.87. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on VRNT shares. StockNews.com raised shares of Verint Systems from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price on shares of Verint Systems in a research report on Friday, January 10th. Jefferies Financial Group upped their price target on shares of Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a research report on Friday, December 6th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 price target on shares of Verint Systems in a research note on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average 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.