Varonis Systems (VRNS) Expected to Announce Earnings on Tuesday

Varonis Systems (NASDAQ:VRNS - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect Varonis Systems to post earnings of ($0.05) per share and revenue of $133.10 million for the quarter. Varonis Systems has set its FY 2025 guidance at 0.130-0.170 EPS and its Q1 2025 guidance at -0.060--0.040 EPS.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.24). Varonis Systems had a negative net margin of 17.38% and a negative return on equity of 20.35%. On average, analysts expect Varonis Systems to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Varonis Systems Trading Down 0.2 %

Varonis Systems stock opened at $42.21 on Tuesday. The firm has a 50 day simple moving average of $41.10 and a 200-day simple moving average of $45.89. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market capitalization of $4.72 billion, a PE ratio of -49.08 and a beta of 0.76. Varonis Systems has a 12-month low of $36.53 and a 12-month high of $60.58.

Varonis Systems declared that its board has initiated a stock repurchase plan on Monday, February 10th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several research firms have recently issued reports on VRNS. Needham & Company LLC reiterated a "buy" rating and issued a $67.00 price objective on shares of Varonis Systems in a report on Wednesday, February 5th. Citigroup decreased their price objective on shares of Varonis Systems from $57.00 to $46.00 and set a "neutral" rating for the company in a report on Friday, January 17th. Jefferies Financial Group decreased their price objective on shares of Varonis Systems from $50.00 to $45.00 and set a "hold" rating for the company in a report on Monday, March 31st. JPMorgan Chase & Co. reduced their target price on shares of Varonis Systems from $55.00 to $45.00 and set an "overweight" rating for the company in a report on Monday. Finally, StockNews.com upgraded shares of Varonis Systems from a "sell" rating to a "hold" rating in a report on Monday. Six research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Varonis Systems has an average rating of "Moderate Buy" and a consensus price target of $56.00.

Varonis Systems Company Profile

Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property.

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