On 9/5/24, Verint Systems Inc (NASDAQ: VRNT) stock suffered a major decline of -11.1%, closing at $26.54. Moreover, exceptionally high trading volume at 420% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -17.9% 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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Verint Systems has a poor Appreciation Score of 28 but a good Power Rating of 75, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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