VRNT Stock Summary and Trading Ideas (Verint Systems | NASDAQ:VRNT)

Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. Geographically, it derives a majority of its revenue from the United States.

Verint Systems trades on the NASDAQ stock market under the symbol VRNT.

As of December 23, 2024, VRNT stock price climbed to $27.44 with 801,302 million shares trading.

VRNT has a beta of 1.93, meaning it tends to be more sensitive to market movements. VRNT has a correlation of 0.25 to the broad based SPY ETF.

VRNT has a market cap of $1.69 billion. This is considered a Small Cap stock.

Last quarter Verint Systems reported $224 million in Revenue and $.54 earnings per share. This beat revenue expectation by $14 million and exceeded earnings estimates by $.11.

In the last 3 years, VRNT traded as high as $56.39 and as low as $18.41.

The top ETF exchange traded funds that VRNT belongs to (by Net Assets): VTI, IWM, VB, VGT, VBR.

VRNT has underperformed the market in the last year with a price return of +0.5% while the SPY ETF gained +28.5%. However, in the short term, VRNT had mixed performance relative to the market. It has outperformed in the last 3 months, returning +9.4% vs +5.0% return in SPY. But in the last 2 weeks, VRNT shares have been beat by the market, returning -10.4% compared to an SPY return of -1.8%.

VRNT support price is $26.14 and resistance is $27.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VRNT shares will trade within this expected range on the day.