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Saturday, December 9, 2023

Verint Systems, Inc. (NASDAQ: VRNT) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Verint Systems, Inc. (VRNT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.27, or -1.28%, to $20.81. The Verint Systems, Inc. has recorded 17,190 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that New Verint Research Highlights Retail Holiday Staffing Shortages, Underscoring the Need for Customer Experience Automation.

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Stocks Info

The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $21.08 and fluctuated between $21.32 as its day high and $20.14 as its day low. The current market capitalization of Verint Systems, Inc. is $1.35B. A total of 0.66 million shares were traded on the day, compared to an average of 664.29K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, VRNT has seen 0 BUY and 5 SELL insider trades, representing the acquisition of 0 and the disposition of 40,511 shares. Over the last 12 months, there were 27 BUYs and 48 SELLs from insiders. Insiders purchased 347,123 shares during that period but sold 397,590.

In the most recent transaction, Highlander Grant A sold 730 shares of VRNT for 23.57 per share on Sep 18. After the transaction, the Chief Financial Officer now owns 85,092 company shares. In a previous transaction on Sep 13, BODNER DAN sold 5,829 shares at 24.94 per share. VRNT shares that Chairman & CEO owns now total 1,005,645.

Among the insiders who sold shares, MORIAH ELAN disposed of 2,270 shares on Sep 13 at a per-share price of $24.94. This resulted in the President holding 99,250 shares of VRNT after the transaction. In another insider transaction, FANTE PETER sold 1,682 shares at $24.94 per share on Sep 13. Company shares held by the Chief Administrative Officer now total 55,239.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for VRNT in the last 3 months, the mean price target is $34.33 with high estimates of $40.00 and low estimates of $25.00. In terms of 52-week highs and lows, VRNT has a high of $40.71 and a low of $18.41.

As of this writing, VRNT has an earnings estimate of $Ceragon Networks Ltd. per share for the current quarter. EPS was calculated based on a consensus of Vertiv Holdings, LLC estimates, with a high estimate of $Verona Pharma plc per share and a lower estimate of $Varonis Systems, Inc.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. VRNT’s latest balance sheet shows that the firm has $359.57M in Cash & Short Term Investments as of fiscal 2022. There were $435.41M in debt and $479.47M in liabilities at the time. Its Book Value Per Share was $12.81, while its Total Shareholder’s Equity was $1.39B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VRNT is Buy with a score of 3.86.

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