How to React with Corrections? – Verint Systems Inc. (VRNT)

MORIAH ELAN, President, CES, subtracted 1,885 shares of Verint Systems Inc. (VRNT) from its portfolio at the rate of $56.56 per share valuing $106,616 on Jun 13. The insider left behind 91,579 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Verint Systems Inc. (VRNT) was $56.55. Currently, the 1st Resistance Point for this stock is $57.11, with a 2nd Resistance Point sitting at $57.67. Meanwhile, this company’s stock has a 1st Support Level at $55.90 and a 2nd Support Level at $55.25. Verint Systems Inc. (VRNT) stock has lost -$0.24, or -0.42%, in the past five days. In the last full month, these shares have lost -$3.33, or -5.56%. In the past three months, this stock’s price has risen by $3.99, or 7.59%. This year-to-date, Verint Systems Inc. (VRNT) shares have gained $14.24, or 33.66%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Verint Systems Inc. (VRNT) stock, 20% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

With 65,773 K shares outstanding, this company currently has a market capitalization of $3,697,758K. Verint Systems Inc. (VRNT) generates $1,230 M in annual sales, amounting to annual net income of $65,990 K. This stock has generated a 1-Year Total Return of 23.74%, a 3-Year Total Return of 63.77%, and a 5-year Total Return of 12.20%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Apr-19, Verint Systems Inc. (VRNT) reported earnings of $0.73 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.62 per share, representing a 0.11 difference and 18.51% surprise. In the previous quarter ending in Jan-19, the reported earnings of $1.08 represented a 0.07 difference from the consensus estimate calling for $1.01 per share, which was a 7.11% surprise.

For the current fiscal quarter, which is set to end in 07/2019, the average earnings estimate is $0.58 per share. This estimate came from a total of 4 Wall Street Analysts. Of those market experts, the high estimate was $0.67 and the low estimate was $0.52. In the year-ago quarter, Verint Systems Inc. (VRNT) generated per-share earnings of $0.56. If the analysts are correct about the current quarter’s earnings, the growth will be +3.57% .

Turning our focus now to insider trading activity, there have been 15 purchases (252,958 shares in total) and 26 sale (154,714 shares in total) in the last 3 months. In the last 6 months, there have been 15 insider buys amounting to 252,958 shares and 28 insider sales amounting to 161,821 shares. In the past full year, 19 insider purchases were made (involving 272,252 shares) and 40 insider sell-offs equivalent to 324,690 shares.

Moving onto liquidity, Verint Systems Inc. (VRNT) has a Current Ratio of 1.51, a Quick Ratio of 1.47 and a Cash Ratio of 0.67. Looking at this company’s capital structure, its Total Debt to Total Equity is 62.85, its Total Debt to Total Capital is 38.60, and its Total Debt to Total Assets is now 27.39. Looking even further ahead into the future, its Long-Term Debt to Equity is 62.51 and its Long-Term Debt to Total Capital is 38.38.