Verint Systems Inc (NASDAQ:VRNT): Oppenheimer Reiterates Buy Rating Today, Has a Target of $49.0000/Share

May 18, 2018 - By Kristen Paramore

Verint Systems Inc. (NASDAQ:VRNT) Logo

Investors sentiment decreased to 1.22 in 2017 Q4. Its down 0.25, from 1.47 in 2017Q3. It dived, as 32 investors sold Verint Systems Inc. shares while 57 reduced holdings. 33 funds opened positions while 76 raised stakes. 59.15 million shares or 3.05% more from 57.40 million shares in 2017Q3 were reported.

Crow Point Prtn holds 0.03% or 5,091 shares in its portfolio. Tiaa Cref Invest Management Limited Company reported 0% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT). Greenleaf Trust owns 772 shares or 0% of their US portfolio. Sg Americas Llc has 0.01% invested in Verint Systems Inc. (NASDAQ:VRNT) for 18,567 shares. Parallax Volatility Advisers L P holds 9,534 shares or 0% of its portfolio. Swiss Natl Bank invested in 0% or 106,800 shares. Zacks Invest Mngmt invested in 0.09% or 99,477 shares. State Common Retirement Fund has 0% invested in Verint Systems Inc. (NASDAQ:VRNT) for 79,883 shares. First Mercantile Trust Co has 6,695 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 7,739 shares. American Century has invested 0% in Verint Systems Inc. (NASDAQ:VRNT). Massachusetts Financial Ma reported 1.27M shares stake. Moreover, Acadian Asset Management Limited Liability Com has 0% invested in Verint Systems Inc. (NASDAQ:VRNT). Mufg Americas Holdg Corporation has invested 0% in Verint Systems Inc. (NASDAQ:VRNT). Fifth Third Commercial Bank stated it has 0% in Verint Systems Inc. (NASDAQ:VRNT).

Verint Systems Inc (NASDAQ:VRNT) Rating Reaffirmed

The financial company has just set a target price per share of $49.0000 on Verint Systems Inc (NASDAQ:VRNT) shares. This is 16.81 % from the previous stock close. In a research note issued to investors and clients on 17 May, Oppenheimer reconfirmed their Buy rating on shares of VRNT.

The stock increased 0.48% or $0.2 during the last trading session, reaching $41.95. About 131,122 shares traded. Verint Systems Inc. (NASDAQ:VRNT) has declined 5.87% since May 18, 2017 and is downtrending. It has underperformed by 17.42% the S&P500.

Analysts await Verint Systems Inc. (NASDAQ:VRNT) to report earnings on June, 6. They expect $0.25 EPS, up 8.70 % or $0.02 from last year’s $0.23 per share. VRNT’s profit will be $16.00M for 41.95 P/E if the $0.25 EPS becomes a reality. After $0.76 actual EPS reported by Verint Systems Inc. for the previous quarter, Wall Street now forecasts -67.11 % negative EPS growth.

Verint Systems Inc. provides actionable intelligence solutions and value-added services worldwide. The company has market cap of $2.69 billion. The Company’s Customer Engagement Solutions segment provides voice of the customer solutions, including interaction analytics, enterprise feedback, and digital feedback; workforce optimization solutions, such as intelligent recording, analytics-driven quality, coaching/learning, workforce management, work allocation, desktop and process analytics, robotic process automation, and performance management; employee engagement solutions comprising workforce optimization, knowledge management, employee desktop, case management, internal communities, gamification, mobile workforce apps, and voice of the employee; engagement channel solutions consisting of Web/mobile self-service, voice self-service, customer communities, email/secure messaging, Web chat, co-browse, mobile messaging, and social engagement; and security, fraud, and compliance solutions, including compliance recording, fraud and identity analytics, trading compliance, branch surveillance and investigation, and public safety compliance. It currently has negative earnings. The companyÂ’s Cyber Intelligence Solutions segment offers security and intelligence data mining software solutions, which are used for a range of applications, such as predictive intelligence, advanced and complex investigations, security threat analysis, and electronic data and physical assets protection, as well as for generating legal evidence and preventing criminal activity and terrorism.

More recent Verint Systems Inc. (NASDAQ:VRNT) news were published by: Businesswire.com which released: “Countdown to Next Week’s Verint Engage Conference in Dallas” on May 10, 2018. Also Businesswire.com published the news titled: “Verint Industry-Leading Workforce Engagement Solutions Guide Employee Actions in the Delivery of Smarter, Faster …” on May 16, 2018. Businesswire.com‘s news article titled: “Stockport Metropolitan Borough Council Advances Digital-First Approach With Verint” with publication date: April 30, 2018 was also an interesting one.

Verint Systems Inc. (NASDAQ:VRNT) Institutional Positions Chart

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