Verint Systems Inc. (NASDAQ:VRNT) Relative Strength Index (RSI) is 39.60, with weekly volatility at 1.41% and ATR at 0.85. The VRNT stock’s 52-week price range has touched low of $21.05 and a $52.70 high. Intraday shares traded counted 1.28 million, which was -9.02% lower than its 30-day average trading volume of 1.17M. Its shares traded higher over the last trading session, gaining 0.13% on 06/21/21. The shares fell to a low of $44.83 before closing at $45.06. VRNT’s previous close was $45.00 while the outstanding shares total 65.66M. The firm has a beta of 0.90.
Investors have identified the Software – Infrastructure company Verint Systems Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.98 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Verint Systems Inc. (VRNT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For VRNT, the company has in raw cash 749.21 million on their books with 386.89 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 998.54 million total, with 822.18 million as their total liabilities.
VRNT were able to record 23.37 million as free cash flow during the 09/08/2021 quarter of the year, this saw their quarterly net cash flow reduce by 49.14 million. In cash movements, the company had a total of 29.7 million as operating cash flow.
Potential earnings growth for Verint Systems Inc. (VRNT)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 09/08/2021 quarter of the year, Verint Systems Inc. recorded a total of 200.9 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 7.49% coming in sequential stages and their sales for the 09/08/2021 quarter reducing by -124.25%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 72.34 million trying to sell their products during the last quarter, with the result yielding a gross income of 128.56 million. This allows shareholders to hold on to 65.66M with the recently reported earning now reading -0.04 cents per share. This is a figure that compared to analyst’s prediction for their 09/08/2021 (0.23 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.76 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on VRNT sounds very interesting.
Is the stock of VRNT attractive?
In related news, Director, Nottenburg Richard N sold 3,500 shares of the company’s stock in a transaction that recorded on Jun 15. The sale was performed at an average price of 46.26, for a total value of 161,910. As the sale deal closes, the Chief Administrative Officer, FANTE PETER now sold 23,111 shares of the company’s stock, valued at 1,068,653. Also, Chief Financial Officer, Robinson Douglas sold 7,617 shares of the company’s stock in a deal that was recorded on Apr 12. The shares were price at an average price of 45.94 per share, with a total market value of 349,925. Following this completion of acquisition, the President, MORIAH ELAN now holds 10,155 shares of the company’s stock, valued at 466,521. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.40%.
8 out of 8 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Verint Systems Inc.. 0 analysts has assigned a Sell rating on the VRNT stock. The 12-month mean consensus price target for the company’s shares has been set at $61.43.