In the last trading session, 1.7 million shares of the Verint Systems, Inc (NASDAQ:VRNT) were traded, and its beta was 1.47. Most recently the company’s share price was $21.2, and it changed around -$0.31 or -1.44% from the last close, which brings the market valuation of the company to $1.28B. VRNT currently trades at a discount to its 52-week high of $37.31, offering almost -75.99% off that amount. The share price’s 52-week low was $14.15, which indicates that the current value has risen by an impressive 33.25% since then. We note from Verint Systems, Inc’s average daily trading volume that its 10-day average is 3.79 million shares, with the 3-month average coming to 1.45 million.
Verint Systems, Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 3 recommended VRNT as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Verint Systems, Inc (NASDAQ:VRNT) trade information
Instantly VRNT has showed a red trend with a performance of -1.44% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 22.84 on recent trading dayincreased the stock’s daily price by 7.18%. The company’s shares are currently down -33.54% year-to-date, but still up 12.89% over the last five days. On the other hand, Verint Systems, Inc (NASDAQ:VRNT) is 15.63% up in the 30-day period. We can see from the shorts that 3.89 million shares have been sold at a short interest cover period of 3.73 day(s).
The consensus price target as assigned by Wall Street analysts is $29, which translates to bulls needing to increase their stock price by 26.9% from its current value. Analyst projections state that VRNT is forecast to be at a low of $23 and a high of $30.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 19.45%. Verint Systems, Inc earnings are expected to increase by 11.78% in 2025, but the outlook is positive 10.60% per year for the next five years.
VRNT Dividends
Verint Systems, Inc’s next quarterly earnings report is expected to be released on 2025-Jun-04.
Verint Systems, Inc (NASDAQ:VRNT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.31% of Verint Systems, Inc shares, and 112.13% of them are in the hands of institutional investors. The stock currently has a share float of 113.62%. Verint Systems, Inc stock is held by 373.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 12.2416% of the shares, which is about 7.57 million shares worth $243.85 million.
BLACKROCK INC., with 9.594% or 5.94 million shares worth $191.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
