Verint Systems Inc (NASDAQ: VRNT) has reported earnings for its fourth fiscal quarter (ending January 31) of $0.37 versus $0.12 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $0.28 versus $-0.09 for the same period a year ago.
Recent Price Action
Verint Systems Inc (NASDAQ: VRNT) stock rose modestly by 0.5% on 3/27/24. The stock closed at $31.09. Moreover, trading volume in this advance was unusually high at 199% of normal. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
VRNT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Verint Systems has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Verint Systems has a slightly negative Power Rating of 40 and a poor Appreciation Score of 23, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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