For its first fiscal quarter (ending April 30), Verint Systems Inc (NASDAQ: VRNT) has reported E.P.S. of $0.16 compared to $-0.03 a year ago. For the latest four quarters through April 30, E.P.S. were $0.48 versus $-0.05 for the same period a year ago.
Recent Price Action
Verint Systems Inc (NASDAQ: VRNT) stock declined slightly by -1.0% on 6/4/24. The stock closed at $28.22. Moreover, this decline was accompanied by exceptionally high trading volume at 229% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.9% 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 (High 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 very high Power Rating of 85, with the High Neutral Value Trend Rating the result.
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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