VRNT (Verint Systems, Inc.) dropped -4.34 at the last close: Is This Today’s Most Popular Stock?

On Tuesday, Verint Systems, Inc. (NASDAQ: VRNT) opened lower -4.34% from the last session, before settling in for the closing price of $31.55. Price fluctuations for VRNT have ranged from $18.41 to $38.17 over the past 52 weeks.

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During the last 5-year period, the sales drop of Technology Sector giant was -4.18%. Company’s average yearly earnings per share was noted 6.44% at the time writing. With a float of $60.57 million, this company’s outstanding shares have now reached $62.74 million.

Let’s determine the extent of company efficiency that accounts for 3700 employees. In terms of profitability, gross margin is 69.68%, operating margin of 10.85%, and the pretax margin is 8.37%.

Verint Systems, Inc. (VRNT) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Verint Systems, Inc. is 1.85%, while institutional ownership is 101.30%. The most recent insider transaction that took place on Jun 20 ’24, was worth 12,660,000. In this transaction Chairman & CEO of this company sold 375,000 shares at a rate of $33.76, taking the stock ownership to the 609,764 shares. Before that another transaction happened on Jun 18 ’24, when Company’s Chairman & CEO sold 14,277 for $35.04, making the entire transaction worth $500,266. This insider now owns 984,764 shares in total.

Verint Systems, Inc. (VRNT) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 6.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.95% during the next five years compared to -22.59% drop over the previous five years of trading.

Verint Systems, Inc. (NASDAQ: VRNT) Trading Performance Indicators

Check out the current performance indicators for Verint Systems, Inc. (VRNT). In the past quarter, the stock posted a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.04. Likewise, its price to free cash flow for the trailing twelve months is 13.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.47, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 3.16 in one year’s time.

Technical Analysis of Verint Systems, Inc. (VRNT)

Looking closely at Verint Systems, Inc. (NASDAQ: VRNT), its last 5-days average volume was 0.76 million, which is a jump from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 10.07%. Additionally, its Average True Range was 1.04.

During the past 100 days, Verint Systems, Inc.’s (VRNT) raw stochastic average was set at 22.20%, which indicates a significant increase from 2.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.81% in the past 14 days, which was lower than the 49.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $32.81, while its 200-day Moving Average is $30.56. However, in the short run, Verint Systems, Inc.’s stock first resistance to watch stands at $31.07. Second resistance stands at $31.96. The third major resistance level sits at $32.45. If the price goes on to break the first support level at $29.69, it is likely to go to the next support level at $29.20. Now, if the price goes above the second support level, the third support stands at $28.31.

Verint Systems, Inc. (NASDAQ: VRNT) Key Stats

There are currently 61,714K shares outstanding in the company with a market cap of 1.86 billion. Presently, the company’s annual sales total 910,390 K according to its annual income of 38,610 K. Last quarter, the company’s sales amounted to 221,280 K and its income totaled 15,240 K.