Varonis Systems (VRNS) Expected to Announce Earnings on Tuesday

Varonis Systems (NASDAQ:VRNS - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 29th. Analysts expect Varonis Systems to post earnings of $0.01 per share and revenue of $147.80 million for the quarter. Varonis Systems has set its FY 2025 guidance at 0.140-0.170 EPS and its Q2 2025 guidance at 0.000-0.010 EPS.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The technology company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.26). The business had revenue of $136.42 million for the quarter, compared to analysts' expectations of $133.10 million. Varonis Systems had a negative net margin of 15.88% and a negative return on equity of 20.01%. The company's revenue was up 19.6% on a year-over-year basis. During the same period last year, the business earned ($0.03) earnings per share. 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 Stock Up 2.7%

Shares of Varonis Systems stock opened at $52.70 on Tuesday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a market capitalization of $5.90 billion, a PE ratio of -65.33 and a beta of 0.76. Varonis Systems has a 52-week low of $36.53 and a 52-week high of $60.58. The company has a 50-day simple moving average of $49.32 and a two-hundred day simple moving average of $44.92.

Wall Street Analyst Weigh In

VRNS has been the subject of several recent analyst reports. Royal Bank Of Canada lifted their target price on shares of Varonis Systems from $55.00 to $58.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Barclays lifted their target price on shares of Varonis Systems from $54.00 to $60.00 and gave the stock an "overweight" rating in a report on Monday, July 14th. Wolfe Research raised shares of Varonis Systems from a "peer perform" rating to an "outperform" rating and set a $50.00 price objective for the company in a report on Friday, March 28th. JPMorgan Chase & Co. decreased their price objective on shares of Varonis Systems from $55.00 to $45.00 and set an "overweight" rating for the company in a report on Monday, April 28th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $60.00 price objective on shares of Varonis Systems in a report on Tuesday, June 10th. Six equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Varonis Systems currently has an average rating of "Moderate Buy" and an average target price of $55.78.

Insider Transactions at Varonis Systems

In related news, Director Den Bosch Fred Van sold 6,000 shares of Varonis Systems stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $50.00, for a total value of $300,000.00. Following the sale, the director owned 131,666 shares of the company's stock, valued at approximately $6,583,300. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.30% of the company's stock.

Institutional Investors Weigh In On Varonis Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Varonis Systems by 11.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 619,257 shares of the technology company's stock valued at $25,049,000 after acquiring an additional 64,636 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Varonis Systems in the 1st quarter valued at about $233,000. Finally, Caxton Associates LLP purchased a new stake in Varonis Systems in the 1st quarter valued at about $200,000. Institutional investors and hedge funds own 95.65% of the company's stock.

About Varonis Systems

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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