Verint Systems Inc (NASDAQ: VRNT) has reported earnings for its second fiscal quarter (ending July 31) of $0.02 versus a loss $-0.17 for the same period a year ago. E.P.S. were $0.68 for the latest four quarters through July 31 versus $-0.10 for the same period a year ago.
Recent Price Action
On 9/4/24, Verint Systems Inc (NASDAQ: VRNT) stock declined modestly by -1.0%, closing at $29.87. Moreover, this decline was accompanied by above average trading volume at 142% of normal. Relative to the market the stock has been strong over the last nine months but has declined -9.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, VRNT is expected to continue to be a major Value Builder.
Verint Systems has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Verint Systems has a poor Appreciation Score of 28 but a good Power Rating of 75, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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