Verint Systems Inc. (NASDAQ:VRNT) went up by 3.17% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Software – Infrastructure giant went up by $45.18 to trade ended Tuesday trading at $43.79. This is up from the $43.79 price recorded on Monday’s trading session. Thanks to this latest performance, VRNT is closer to the higher price 52-week target of $64.00 and further from the lowest price target of $52.00. Its performance from the start of the year has also been negative, with VRNT down by -18.39% year-to-date.
Verint Systems Inc. (VRNT) started the day trading at $43.92 and recorded an intraday high of $45.26. It also recorded an intraday low of $43.755 during Tuesday’s trading session. Verint Systems Inc. is a very active stock that recorded a trading volume that is less than -20.79% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 495986, which is less than -20.79 of the total average daily trading volume of 599.12K.
Verint Systems Inc. (NASDAQ:VRNT) 2020 Performance Impressive
The increase in VRNT’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of VRNT currently stands at $59.83, which is higher than the current trading price of the stock by 24.49%. However, VRNT’s current trading price is -39.27% lower than the 52-week low price of $32.44. In terms of trading volume, Verint Systems Inc. currently experienced healthy participation during the last trading session. 495986 shares of Verint Systems Inc. were traded on the stock exchange on Tuesday, which is less than -20.79% of the 599.12K average trading volume of the stock.
The performance of the stock has been positive over the past year. VRNT’s performance over the past one year has seen it plunge by -16.73%, while the stock has gone down by -17.40% in the last six months. The quarterly performance of VRNT currently stands at 5.07%, and it is down by -2.38% in the last month. The only positive figure was from the weekly performance, which currently reads 1.03%. At the time of writing VRNT’s report, the company has a total market cap of $2.93B, making it one of the largest publicly-traded companies in the world.Verint Systems Inc. also has over 6300 employees all over the world.
VRNT Insider Activities
For Verint Systems Inc., insiders hold 98.00% of all company shares. The insider transactions over the past six months are up by 1.20%. During that period, insiders bought 149,035 shares in 8 transactions. In that same period, insiders sold 130,633 of their shares in 17 transactions. After these transactions, insiders at Verint Systems Inc. now hold 1.6M shares, which is over 103.91% of the total company stocks. Institutional investors currently hold a large chunk of the VRNT shares, as they control 2.47% of the company’s total stock.
VRNT Fundamental Analysis
For Verint Systems Inc., the stock’s diluted earnings per share (EPS) stands at 0.31. In the coming year, analysts expect the EPS to be 3.77. The EPS growth will up over the next five years to 14.00% after plunging by -4.00% in the previous five years. In terms of revenue, Verint Systems Inc.’s quarterly sales (YOY) is growing at 0.69, which is higher than the average annual revenue of -4.00% over the past half a decade.
The Return on Investment (ROI) on Verint Systems Inc.’s stock currently stands at 3.40%, and it has a net profit margin of 1.70%. The operating margin of the company is 6.20%, and its gross margin is 64.60%.
VRNT Analysts Prediction
Another analyst that has a Outperform rating for VRNT is Imperial Capital, which set a price target of between $65 and $69. Imperial Capital reiterate their Outperform position on the stock ($58 and $65)
Analysts at Imperial Capital believe that VRNT is Outperform, and they have a price target of between $49.50 and $58. Jefferies and Goldman also believe that Verint Systems Inc.’s stock is outperforming at the moment.
VRNT Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of VRNT currently stands at 0.74%, while the SMA50 is 2.08%. The biggest one is the SMA200, which is currently reading -5.52% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 53.30, while its price to earnings ratio (P/E) is 146.21.