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

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

Varonis Systems Inc (NASDAQ:VRNS) posted its earnings results on Monday, October, 28th. The technology company reported ($0.16) EPS for the quarter, beating the Zacks' consensus estimate of ($0.34) by $0.18. The technology company had revenue of $65.65 million for the quarter, compared to analysts' expectations of $61.61 million. Varonis Systems had a negative net margin of 21.42% and a negative return on equity of 49.47%. Varonis Systems's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.06 earnings per share. View Varonis Systems' Earnings History.

Varonis Systems is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Varonis Systems.

Varonis Systems will be holding an earnings conference call on Monday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Varonis Systems issued an update on its fourth quarter earnings guidance on Monday, October, 28th. The company provided earnings per share guidance of (0.013-0.07) for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.09. The company issued revenue guidance of $70.5-73.5 million, compared to the consensus revenue estimate of $79.62 million.

15 brokers have issued 12 month target prices for Varonis Systems' stock. Their forecasts range from $65.00 to $97.00. On average, they expect Varonis Systems' share price to reach $79.08 in the next year. This suggests that the stock has a possible downside of 8.2%. View Analyst Price Targets for Varonis Systems.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Varonis Systems.

Media stories about VRNS stock have trended positive this week, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Varonis Systems earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Varonis Systems.

Varonis Systems saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,120,000 shares, an increase of 36.8% from the December 15th total of 2,280,000 shares. Based on an average daily volume of 249,800 shares, the short-interest ratio is presently 12.5 days. Approximately 10.7% of the shares of the stock are short sold. View Varonis Systems' Current Options Chain.

Some companies that are related to Varonis Systems include Ceridian HCM (CDAY), Black Knight (BKI), Guidewire Software (GWRE), PTC (PTC), UBISOFT ENTMT S/ADR (UBSFY), Mongodb (MDB), Alteryx (AYX), Dynatrace (DT), Momo (MOMO), HubSpot (HUBS), Anaplan (PLAN), Dropbox (DBX), Paylocity (PCTY), Trend Micro (TMICY) and Nutanix (NTNX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Varonis Systems investors own include NVIDIA (NVDA), Okta (OKTA), Shopify (SHOP), Arista Networks (ANET), Alibaba Group (BABA), Square (SQ), Netflix (NFLX), Paypal (PYPL), Micron Technology (MU) and salesforce.com (CRM).

Varonis Systems' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Kopion Asset Management LLC (0.38%), Mirador Capital Partners LP (0.02%) and Carroll Financial Associates Inc. (0.00%). Company insiders that own Varonis Systems stock include David Bass, Gili Iohan, Guy Melamed, James O'boyle, Kevin E Comolli, Ohad Korkus, Thomas F Mendoza and Yakov Faitelson. View Institutional Ownership Trends for Varonis Systems.

VRNS stock was sold by a variety of institutional investors in the last quarter, including Mirador Capital Partners LP. Company insiders that have sold Varonis Systems company stock in the last year include David Bass, Gili Iohan, James O'boyle, Ohad Korkus and Yakov Faitelson. View Insider Buying and Selling for Varonis Systems.

VRNS stock was bought by a variety of institutional investors in the last quarter, including Kopion Asset Management LLC and Carroll Financial Associates Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of VRNS stock can currently be purchased for approximately $86.10.

Varonis Systems has a market capitalization of $2.62 billion and generates $270.29 million in revenue each year. The technology company earns $-28,570,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis. Varonis Systems employs 1,460 workers across the globe.View Additional Information About Varonis Systems.

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

Varonis Systems' mailing address is 1250 Broadway 29th Floor, New York NY, 10001. The technology company can be reached via phone at 877-292-8789 or via email at [email protected]