Alert: New Earnings Report (12/6/23)-Verint Systems Inc (NASDAQ: VRNT).

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Verint Systems Inc (NASDAQ: VRNT) has reported E.P.S. of $0.12 for its third fiscal quarter (ending October 31) versus $-0.02 for the same period a year ago. For the latest four quarters through October 31, E.P.S. were $0.03 versus $-0.36 for the same period a year ago.

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Recent Price Action

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Verint Systems Inc (NASDAQ: VRNT) stock declined slightly by -0.9% on 12/6/23. The stock closed at $24.03. Moreover, this decline was accompanied by exceptionally high trading volume at 239% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -3.4% during the last week.

Current PriceTarget Research Rating

VRNT is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Verint Systems has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Verint Systems has a poor Appreciation Score of 28 and a poor Power Rating of 15, and the Lowest Value Trend Rating results.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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