NASDAQ:VRNS - Varonis Systems Stock Price, News, & Analysis

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$54.45 -1.07 (-1.93 %)
(As of 02/18/2019 07:53 AM ET)
Previous Close$55.52
Today's Range$54.05 - $56.40
52-Week Range$48.67 - $83.10
Volume554,856 shs
Average Volume544,556 shs
Market Capitalization$1.61 billion
P/E Ratio-55.56
Dividend YieldN/A
Beta0.99
Varonis Systems, Inc. provides software solutions that protect data from insider threats and cyberattacks. The company, through its software, allows organizations to protect data stored on premises and on cloud, such as sensitive files and emails; confidential customer, patient and employee data; financial records; strategic and product plans; and other intellectual property. It offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for every user on Windows and UNIX/Linux servers, storage devices, email systems, and Intranet servers; DataPrivilege, which provides a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention; and Data Classification Engine that identifies and tags data based on criteria set in multiple metadata dimensions and provides business and IT personnel with actionable intelligence about data. Varonis Systems, Inc. also provides Data Transport Engine, which provides an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; DatAnswers that provides secure, relevant, and timely search functionality for enterprise data; and DatAnywhere provides its customers' employees hybrid-cloud experience using its existing storage infrastructure. The company sells its products and services through a global network of distributors and Value Added Resellers. It serves IT and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:VRNS
CUSIPN/A
Phone877-292-8767

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$270.29 million
Book Value$4.24 per share

Profitability

Net Income$-13,690,000.00

Miscellaneous

Employees1,251
Market Cap$1.61 billion
OptionableOptionable

Varonis Systems (NASDAQ:VRNS) Frequently Asked Questions

What is Varonis Systems' stock symbol?

Varonis Systems trades on the NASDAQ under the ticker symbol "VRNS."

How were Varonis Systems' earnings last quarter?

Varonis Systems Inc (NASDAQ:VRNS) issued its quarterly earnings data on Monday, February, 11th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.11. The technology company earned $87.52 million during the quarter, compared to analysts' expectations of $87.33 million. Varonis Systems had a negative return on equity of 24.02% and a negative net margin of 10.57%. View Varonis Systems' Earnings History.

When is Varonis Systems' next earnings date?

Varonis Systems is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Varonis Systems.

What guidance has Varonis Systems issued on next quarter's earnings?

Varonis Systems updated its FY 2019 earnings guidance on Monday, February, 11th. The company provided EPS guidance of $0.04-0.16 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.32. The company issued revenue guidance of $297-305 million, compared to the consensus revenue estimate of $318.47 million.Varonis Systems also updated its Q1 2019 guidance to $-0.38--0.36 EPS.

What price target have analysts set for VRNS?

17 Wall Street analysts have issued 12 month price objectives for Varonis Systems' stock. Their predictions range from $49.70 to $90.00. On average, they anticipate Varonis Systems' share price to reach $67.10 in the next twelve months. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for Varonis Systems.

What is the consensus analysts' recommendation for Varonis Systems?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Varonis Systems.

What are Wall Street analysts saying about Varonis Systems stock?

Here are some recent quotes from research analysts about Varonis Systems stock:
  • 1. Robert W. Baird analysts commented, "We maintain our Outperform rating but reduce our price target to $60 on lower near-term growth and higher execution risk. While FQ4 demonstrated continued solid fundamentals supported by growing deal sizes, a financial model shift to subscription from license will weigh on growth, profitability and cash flow in FY19. While customer growth has lagged, we think growth in ASP highlights the strong value proposition and unique technology differentiation. Over time, we believe this shift should drive easier and more economical consumption, and greater customer lifetime value." (2/12/2019)
  • 2. According to Zacks Investment Research, "Varonis Systems Inc. provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Its products include DatAdvantage, DataPrivilege, IDU Classification Framework, Data Transport Engine and DatAnywhere. The company sells its products to small and medium businesses, and large multinational enterprises in financial services, consumer and retail, industrial, healthcare, and energy and utilities industries. Varonis Systems Inc. is headquartered in New York. " (5/17/2018)

Has Varonis Systems been receiving favorable news coverage?

Media headlines about VRNS stock have trended neutral recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Varonis Systems earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Are investors shorting Varonis Systems?

Varonis Systems saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 776,585 shares, an increase of 37.2% from the December 31st total of 565,963 shares. Based on an average trading volume of 255,166 shares, the short-interest ratio is currently 3.0 days. Currently, 2.7% of the shares of the company are short sold. View Varonis Systems' Current Options Chain.

Who are some of Varonis Systems' key competitors?

Who are Varonis Systems' key executives?

Varonis Systems' management team includes the folowing people:
  • Mr. Yakov Faitelson, Co-Founder, Chairman, CEO & Pres (Age 44)
  • Mr. Guy Melamed, CFO & COO (Age 39)
  • Mr. James O'Boyle, Sr. VP of Worldwide Sales (Age 55)
  • Mr. Ohad Korkus, Co-Founder & Director (Age 40)
  • Mr. David Bass, Exec. VP of Engineering & CTO (Age 41)

Who are Varonis Systems' major shareholders?

Varonis Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.84%), Jennison Associates LLC (4.39%), Emerald Advisers LLC (2.27%), Emerald Mutual Fund Advisers Trust (2.01%), Millennium Management LLC (1.46%) and Bank of New York Mellon Corp (1.32%). Company insiders that own Varonis Systems stock include David Bass, Gili Iohan, Guy Melamed, Iv LP Evergreen, James O'boyle, Kevin E Comolli, Ohad Korkus, Rona Segev-Gal, Thomas F Mendoza and Yakov Faitelson. View Institutional Ownership Trends for Varonis Systems.

Which institutional investors are selling Varonis Systems stock?

VRNS stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Jennison Associates LLC, Bank of New York Mellon Corp, Millennium Management LLC, Timpani Capital Management LLC, First Trust Advisors LP, Prudential Financial Inc. and Great West Life Assurance Co. Can. Company insiders that have sold Varonis Systems company stock in the last year include David Bass, Gili Iohan, Guy Melamed, James O'boyle, Kevin E Comolli and Yakov Faitelson. View Insider Buying and Selling for Varonis Systems.

Which institutional investors are buying Varonis Systems stock?

VRNS stock was bought by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, D. E. Shaw & Co. Inc., Macquarie Group Ltd., Mondrian Capital Management LLC, Mondrian Capital Management LLC, Hudson Bay Capital Management LP, Intrinsic Edge Capital Management LLC and Assenagon Asset Management S.A.. View Insider Buying and Selling for Varonis Systems.

How do I buy shares of Varonis Systems?

Shares of VRNS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Varonis Systems' stock price today?

One share of VRNS stock can currently be purchased for approximately $54.45.

How big of a company is Varonis Systems?

Varonis Systems has a market capitalization of $1.61 billion and generates $270.29 million in revenue each year. The technology company earns $-13,690,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis. Varonis Systems employs 1,251 workers across the globe.

What is Varonis Systems' official website?

The official website for Varonis Systems is http://www.varonis.com.

How can I contact Varonis Systems?

Varonis Systems' mailing address is 1250 Broadway 29th Floor, New York NY, 10001. The technology company can be reached via phone at 877-292-8767 or via email at [email protected]


MarketBeat Community Rating for Varonis Systems (NASDAQ VRNS)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  479 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  760
MarketBeat's community ratings are surveys of what our community members think about Varonis Systems and other stocks. Vote "Outperform" if you believe VRNS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRNS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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