We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has Verint Systems (VRNT) Outpaced Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
Investors focused on the Computer and Technology space have likely heard of Verint Systems (VRNT - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of VRNT and the rest of the Computer and Technology group's stocks.
Verint Systems is a member of the Computer and Technology sector. This group includes 637 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. VRNT is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for VRNT's full-year earnings has moved 6.58% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that VRNT has returned about 32.81% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 15.14% on average. As we can see, Verint Systems is performing better than its sector in the calendar year.
Looking more specifically, VRNT belongs to the Computer - Software industry, which includes 47 individual stocks and currently sits at #98 in the Zacks Industry Rank. On average, this group has gained an average of 23.86% so far this year, meaning that VRNT is performing better in terms of year-to-date returns.
Investors with an interest in Computer and Technology stocks should continue to track VRNT. The stock will be looking to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has Verint Systems (VRNT) Outpaced Other Computer and Technology Stocks This Year?
Investors focused on the Computer and Technology space have likely heard of Verint Systems (VRNT - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of VRNT and the rest of the Computer and Technology group's stocks.
Verint Systems is a member of the Computer and Technology sector. This group includes 637 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. VRNT is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for VRNT's full-year earnings has moved 6.58% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that VRNT has returned about 32.81% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 15.14% on average. As we can see, Verint Systems is performing better than its sector in the calendar year.
Looking more specifically, VRNT belongs to the Computer - Software industry, which includes 47 individual stocks and currently sits at #98 in the Zacks Industry Rank. On average, this group has gained an average of 23.86% so far this year, meaning that VRNT is performing better in terms of year-to-date returns.
Investors with an interest in Computer and Technology stocks should continue to track VRNT. The stock will be looking to continue its solid performance.