VRNT - Verint Systems Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
58.21
-0.14 (-0.24%)
At close: 4:00PM EST

58.40 +0.19 (0.33%)
After hours: 4:26PM EST

Stock chart is not supported by your current browser
Previous Close58.35
Open58.67
Bid58.25 x 1200
Ask58.24 x 1000
Day's Range58.04 - 58.87
52 Week Range42.24 - 63.94
Volume240,522
Avg. Volume522,962
Market Cap3.912B
Beta (5Y Monthly)1.09
PE Ratio (TTM)77.00
EPS (TTM)0.76
Earnings DateMar 24, 2020 - Mar 29, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est69.25
  • Government study finds racial bias in facial-recognition tech
    Yahoo Finance Video

    Government study finds racial bias in facial-recognition tech

    A new federal study from the National Institute of Standards and Technology has found that many of the world’s top facial recognition algorithms are biased along lines of age, race, and ethnicity. Yahoo Finance's Tech Editor Dan Howley joins The Final Round to discuss

  • Is Verint Systems Inc. (NASDAQ:VRNT) Excessively Paying Its CEO?
    Simply Wall St.

    Is Verint Systems Inc. (NASDAQ:VRNT) Excessively Paying Its CEO?

    Dan Bodner has been the CEO of Verint Systems Inc. (NASDAQ:VRNT) since 1994. First, this article will compare CEO...

  • Business Wire

    Verint Recognises Customers for Excellence in Workforce, Employee and Customer Engagement Initiatives at Engage EMEA 2019

    Verint Recognises Customers for Excellence in Workforce, Employee and Customer Engagement Initiatives at Engage EMEA 2019

  • Business Wire

    Verint Announces Participation in Upcoming Investor Conference

    Verint® Systems Inc. (Nasdaq: VRNT) today announced its participation in the 22nd Annual Needham Growth Conference.

  • Business Wire

    Verint’s Unified VoC Solution Named Winner in 2019 Digital Innovation Awards

    Verint’s Unified VoC Solution Named Winner in 2019 Digital Innovation Awards

  • Business Wire

    Customers Rank Verint Highest in Overall Vendor Satisfaction in New Report on Robotic Process Automation

    Customers Rank Verint Highest in Overall Vendor Satisfaction in New Report on Robotic Process Automation

  • Business Wire

    Verint Intelligent Virtual Assistant Solution Receives Highest Ratings from Opus Research for Third Consecutive Year

    Verint Intelligent Virtual Assistant Solution Receives Highest Ratings from Opus Research for Third Consecutive Year

  • Thomson Reuters StreetEvents

    Edited Transcript of VRNT earnings conference call or presentation 4-Dec-19 9:30pm GMT

    Q3 2020 Verint Systems Inc Earnings Call

  • Business Wire

    Allstate, Bank of America, Cox, Kaiser Permanente and T-Mobile Top Consumer Satisfaction Rankings

    Allstate, Bank of America, Cox, Kaiser Permanente and T-Mobile Top Consumer Satisfaction Rankings

  • Business Wire

    Verint Wins Trifecta of 2019 Awards for Solutions That Improve CX, Compliance

    Verint Wins Trifecta of 2019 Awards for Solutions that Improve CX, Compliance

  • 3 “Strong Buy” Tech Stocks with 100% Street Support
    TipRanks

    3 “Strong Buy” Tech Stocks with 100% Street Support

    It’s no question that tech stocks represent some of the world’s biggest companies. As our world and everyday lives are only becoming more and more tech dependent, this trend is likely to continue.Many of these stocks have been massive wealth generators over the years, with conquering household names such as Apple, Microsoft, and Amazon providing investors with incredible returns. But of course, there are other opportunities for the observant investor. The question is, where to find them?TipRanks’ set of unique tools is a sure-fire way to get on the right path. For example, the Stock Screener lets you filter your search results by price target upside, analyst consensus and sector so you can focus on only the most compelling investments.So, we rolled up our virtual sleeves and rummaged around to find 3 tech stocks set for gains ahead, specifically ones which currently have the Street’s undivided support. We mean to say that each has racked up only bullish recommendations in the last three months, making the consensus rating a unanimous “Strong Buy."Upland Software (UPLD)Enterprise software wiz, Upland, has been on a bit of a shopping spree. This year includes the 1H19 acquisitions of PostUp and Kapost, totaling $80 million. These were followed by the purchase of CIMPL for $23.1 million, and more recently the acquisitions of InGenius ($26.4 million) and the largest one to date, Altify ($84 million). An organic growth strategy is simply not the Upland way.The ever-expanding tech company also recently announced a new $190 million incremental loan which will go towards paying off its existing revolving credit facility, and yes, to fund more acquisitions.Craig-Hallum’s Jeff Van Rhee thinks “the Upland flywheel is in motion,” with the 5-star analyst adding, “This team is flat out executing and the model has legs for many years to come. Acquisitions are getting more strategic and cohesive product sets are emerging, particularly around customer care/customer engagement, a space we spend a lot of time covering and one that has improving tailwinds… We continue to believe this team will create substantial shareholder value near, intermediate, and long-term.”It’s no wonder, then, that Van Rhee’s call on UPLD remains a Buy. The 5-star analyst’s price target of $59 is set to provide excellent gains of 63% should it materialize. (To watch Van Rhee’s track record, click here)The analyst’s optimism is mirrored by that of the Street, as a full house of 5 Buys amongst the analysts tracked over the last 3 months gives UPLD a Strong Buy consensus rating. The average target price of $51.20 provides investors with upside potential of 41% from the price the stock is currently trading at. (See Upland stock analysis on TipRanks)Verint Systems (VRNT)A recent report by Accenture highlighted that cybercrime is poised to account for over $5 trillion of economic value over the next few years. Therefore, companies are set to be spending large chunks on services which provide IT security. The sector is a growing one, with innovative platforms emerging. Verint is one such platform with a two-pronged approach: cybersecurity and customer engagement management.The tech company is in the middle of a transition in both of its segments, moving to a cloud first strategy in the customer engagement segment, while also shifting away from a model that combines hardware and software to one whose sole focus is on selling software directly to customers.Needham’s Ryan MacDonald thinks the company is trading at a discount, noting, “Verint is still in the early innings of its model transition, which creates the potential for volatility in quarterly results. Given VRNT's discounted EV/EBITDA valuation of 8.8x our FY21 estimate, we believe the transition risk is priced into the stock, creating an attractive risk/reward profile for investors.”To this end, the 5-star analyst initiated coverage with a Buy rating and set a price target of $53. (To watch MacDonald’s track record, click here)Another analyst throwing in the hat is Goldman Sachs’ Brian Essex, who wrote, “While the company has been able to deliver modest growth and profitability, the stock continues to trade at a meaningful discount to peers with similar fundamental profiles. We view the company well positioned to deliver ongoing growth and margin expansion and believe more consistent execution, more granular reporting, and an improvement in investor awareness will enable the stock to re-rate higher over time.”Essex’s Buy rating goes along with a price target of $58, putting the upside potential at 12% (To watch Essex’s track record, click here)The Street is on the same page in regards to the cybersecurity firm, as a Strong Buy analyst consensus for VRNT breaks down into a unanimous 5 Buys. The average price target of $62.40 provides a possible 21% increase from its current price. (See Verint stock analysis on TipRanks)Avalara (AVLR)It’s very hard to make anything to do with taxes sound remotely sexy, but at least Avalara humorously acknowledges this. On the tax compliance software provider’s website, the company describes itself as “disrupting the status quo in the ‘scintillating’ world of sales tax management since 2004.”It seems like the disruption, though, is bearing fruit. Avalara recently posted another strong quarterly report, with 42% subscription revenue growth (in line with the 42% last quarter), 38% calculated billings growth (near enough to the 41% growth last quarter despite harder comp), and 113% net revenue retention, the best in the company’s public history. It was also the 7th consecutive quarter of accelerating core customer additions.J.P. Morgan’s Sterling Auty smells opportunity, noting, “It was another impressive quarter with over 800 new customers added driving 6% upside in revenue and a significant margin beat. The tone on international growth and the new marketplace opportunities we believe add legs to the growth outlook as both can provide incremental opportunities beyond just what we have seen so far with the Wayfair decision. We think the stock still has room to move higher driven by these secular growth factors and a valuation that is below many other premium names.”Therefore, the 5-star analyst reiterated his Overweight rating on AVLR, along with a price target of $104, implying nice upside potential of 38%. (To watch Auty’s track record, click here)All in all, the 6 analysts tracked by TipRanks over the last 3 months all rate the taxman disruptor as a Buy, giving the stock a Strong Buy analyst consensus. The average stock-price forecast is $97.17, indicating gains of 29% could be in the cards. (See Avalara stock analysis on TipRanks)

  • Is Verint Systems Inc. (VRNT) A Good Stock To Buy?
    Insider Monkey

    Is Verint Systems Inc. (VRNT) A Good Stock To Buy?

    Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]

  • Moody's

    Verint Systems Inc. -- Moody's places Verint's Ba2 CFR on review for downgrade after spin off announcement

    Moody's Investors Service placed Verint Systems Inc.'s ("Verint") Ba2 corporate family rating (CFR) on review for downgrade following the company's announcement that it expects to spin off its Cyber Intelligence business in a tax-free transaction to shareholders. Verint plans to effectively use a large portion of the proceeds from the Apax investment to buy back common stock. Moody's also placed the company's Ba2-PD probability of default (PD) rating and Ba1 senior secured instrument rating on review for downgrade.

  • Verint (VRNT) Surges: Stock Moves 6.9% Higher
    Zacks

    Verint (VRNT) Surges: Stock Moves 6.9% Higher

    Verint (VRNT) shares rose nearly 7% in the last trading session, amid huge volumes.

  • TheStreet.com

    Verint Shares Jump 13% on Private Equity Investment, Plan to Split Into Two Companies

    Company sets $300 million share buyback program in addition to private equity investment of up to $400 million.

  • Here's What Verint Systems Inc.'s (NASDAQ:VRNT) P/E Is Telling Us
    Simply Wall St.

    Here's What Verint Systems Inc.'s (NASDAQ:VRNT) P/E Is Telling Us

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...

  • TheStreet.com

    Verint Shares Higher on PE Investment, Plan to Split Into Two Companies, Buyback

    Company sets $300 million share buyback program in addition to private equity investment of up to $400 million.

  • Verint Announces Q3 FY2020 Results
    Business Wire

    Verint Announces Q3 FY2020 Results

    Verint also Announces Plan to Separate into Two Independent Public Companies, Strategic Investment from Apax Funds, New Share Buyback Program and Two New Directors

  • Verint Systems (VRNT) Tops Q3 Earnings Estimates
    Zacks

    Verint Systems (VRNT) Tops Q3 Earnings Estimates

    Verint (VRNT) delivered earnings and revenue surprises of 11.90% and -0.36%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    Verint to split in two publicly traded companies; stock gains 9%

    Verint Systems Inc. late Wednesday said its board has approved a plan to split the company in two separate publicly traded companies, one focusing on its consumer engagement business and the other on cyber intelligence. The separation is expected to be complete "shortly after" the end of Verint's fiscal year in January 2021, Verint said. "With our customer engagement business approaching $1 billion in annual revenue and our cyber intelligence business approaching $500 million in annual revenue, we believe the two independent, publicly traded companies will both benefit from the separation and be well positioned to pursue their own strategies, drive opportunities to accelerate growth and extend their market leadership," Verint Chief Executive Dan Bodner said in a statement. Shares of Verint were halted ahead of the announcement and jumped nearly 9% after they resumed trading. The shares had ended the regular trading day up 0.5%. In a separate press release, Verint said it earned adjusted third-quarter per-share profit of 94 cents on sales of $331 million. Analysts polled by FactSet had expected adjusted EPS of 85 cents a share on sales of $333 million.

  • Business Wire

    Verint Announces Plan to Separate into Two Independent Publicly Traded Companies

    Verint® Systems Inc. (NASDAQ: VRNT), today announced that its Board of Directors has unanimously approved proceeding with a plan to separate Verint into two independent companies: one of which will consist of its customer engagement business, and one of which will consist of its cyber intelligence business. Verint expects to complete the separation shortly after the end of Verint’s next fiscal year ending January 31, 2021.

  • Business Wire

    Verint’s World-Class Cloud Offerings Take Center Stage in December Events

    Speaker Line Up to Showcase Workforce Management Across the Enterprise

  • Analysts Estimate Verint Systems (VRNT) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Verint Systems (VRNT) to Report a Decline in Earnings: What to Look Out for

    Verint (VRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • TEST Business Wire Releases

    Verint to Announce Third Quarter Financial Results on Wednesday, December 4, 2019

    Verint® Systems Inc. (NASDAQ: VRNT) will conduct a conference call on Wednesday, December 4, 2019 at 4:30 p.m. ET to review its third quarter financial results (for the quarter ended October 31, 2019) and discuss its outlook. An earnings press release will be issued after the market closes on December 4th.