NASDAQ:VRNS Varonis Systems Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Varonis Systems Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $112.04 +0.44 (+0.39 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$108.83Now: $112.04▼$112.5750-Day Range$106.10MA: $116.22▼$125.7452-Week Range$48.95Now: $112.04▼$127.37Volume195,581 shsAverage Volume370,113 shsMarket Capitalization$3.53 billionP/E RatioN/ADividend YieldN/ABeta1.17 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, and secure enterprise data. Its software allows enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential customer, and patient and employee data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, and Intranet servers; and DatAlert that profiles users and their behaviors related to systems and data, detects and alerts on deviations to established baselines, and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, and provides business and information technology (IT) personnel with actionable intelligence about data; and 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. In addition, the company offers 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; and DatAnswers that provides search functionality for enterprise data. It sells its products and services through a network of distributors and value added resellers. The company serves IT and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York City, New York.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingVaronis Systems has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 15 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $118.76, Varonis Systems has a forecasted upside of 6.0% from its current price of $112.04.Amount of Analyst CoverageVaronis Systems has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.3 Community Rank Outperform VotesVaronis Systems has received 781 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVaronis Systems has received 406 “underperform” votes. (Add your “underperform” vote.)Community SentimentVaronis Systems has received 65.80% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldVaronis Systems does not currently pay a dividend.Dividend GrowthVaronis Systems does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Varonis Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $18,934,584.00 in company stock.Percentage Held by InsidersOnly 2.70% of the stock of Varonis Systems is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Varonis Systems are expected to grow in the coming year, from ($2.73) to ($2.72) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Varonis Systems is -39.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Varonis Systems is -39.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVaronis Systems has a P/B Ratio of 36.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.27 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:VRNS Previous Symbol CUSIPN/A CIK1361113 Webwww.varonis.com Phone877-292-8789Debt Debt-to-Equity Ratio3.42 Current Ratio2.69 Quick Ratio2.69Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$254.19 million Price / Sales13.91 Cash FlowN/A Price / Cash FlowN/A Book Value$3.07 per share Price / Book36.50Profitability EPS (Most Recent Fiscal Year)($2.53) Net Income$-78,760,000.00 Net Margins-33.75% Return on Equity-97.77% Return on Assets-24.40%Miscellaneous Employees1,574 Outstanding Shares31,549,000Market Cap$3.53 billion Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $112.04 +0.44 (+0.39 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive VRNS News and Ratings via Email Sign-up to receive the latest news and ratings for VRNS and its competitors with MarketBeat's FREE daily newsletter. Varonis Systems (NASDAQ:VRNS) Frequently Asked Questions How has Varonis Systems' stock been impacted by COVID-19? Varonis Systems' stock was trading at $68.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VRNS shares have increased by 62.5% and is now trading at $112.04. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Varonis Systems? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Varonis Systems. When is Varonis Systems' next earnings date? Varonis Systems is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020. View our earnings forecast for Varonis Systems. How were Varonis Systems' earnings last quarter? Varonis Systems Inc (NASDAQ:VRNS) posted its earnings results on Monday, August, 3rd. The technology company reported ($0.15) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.35) by $0.20. The technology company had revenue of $66.57 million for the quarter, compared to the consensus estimate of $56.89 million. Varonis Systems had a negative net margin of 33.75% and a negative return on equity of 97.77%. The company's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.30) earnings per share. View Varonis Systems' earnings history. What guidance has Varonis Systems issued on next quarter's earnings? Varonis Systems issued an update on its third quarter earnings guidance on Monday, August, 3rd. The company provided earnings per share guidance of ($0.14)-($0.11) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.17). The company issued revenue guidance of $68.0-71.0 million, compared to the consensus revenue estimate of $65.22 million. What price target have analysts set for VRNS? 18 brokers have issued 12 month price targets for Varonis Systems' shares. Their forecasts range from $70.00 to $145.00. On average, they anticipate Varonis Systems' share price to reach $118.76 in the next year. This suggests a possible upside of 6.0% from the stock's current price. View analysts' price targets for Varonis Systems. Who are some of Varonis Systems' key competitors? Some companies that are related to Varonis Systems include Nice (NICE), Black Knight (BKI), Tyler Technologies (TYL), Mongodb (MDB), HubSpot (HUBS), Symantec (SYMC), NortonLifeLock (NLOK), Cloudflare (NET), Dynatrace (DT), Ceridian HCM (CDAY), Temenos (TMNSF), UBISOFT ENTMT S/ADR (UBSFY), PTC (PTC), Avalara (AVLR) and Elastic (ESTC). View all competitors. What other stocks do shareholders of Varonis Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other Varonis Systems investors own include Square (SQ), Okta (OKTA), NVIDIA (NVDA), Shopify (SHOP), Alibaba Group (BABA), Netflix (NFLX), Paypal (PYPL), Walt Disney (DIS), Tesla (TSLA) and Arista Networks (ANET). Who are Varonis Systems' key executives? Varonis Systems' management team includes the following 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) What is Varonis Systems' stock symbol? Varonis Systems trades on the NASDAQ under the ticker symbol "VRNS." Who are Varonis Systems' major shareholders? Varonis Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include Cadian Capital Management LP (8.18%), Jackson Square Partners LLC (5.95%), William Blair Investment Management LLC (4.10%), Victory Capital Management Inc. (2.97%), Jennison Associates LLC (1.88%) and FMR LLC (1.68%). Company insiders that own Varonis Systems stock include David Bass, Den Bosch Fred Van, Gilad Raz, Gili Iohan, Guy Melamed, James O'boyle, Ofer Segev, 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 Victory Capital Management Inc., William Blair Investment Management LLC, FMR LLC, Sei Investments Co., Jacobs Levy Equity Management Inc., Meitav Dash Investments Ltd., Nuveen Asset Management LLC, and Russell Investments Group Ltd.. Company insiders that have sold Varonis Systems company stock in the last year include David Bass, Den Bosch Fred Van, Gilad Raz, Gili Iohan, Guy Melamed, James O'boyle, Ofer Segev, Rona Segev-Gal, Thomas F Mendoza, and Yakov Faitelson. View insider buying and selling activity 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 Wasatch Advisors Inc., Cadian Capital Management LP, Bank of Montreal Can, Jennison Associates LLC, Barclays PLC, Kornitzer Capital Management Inc. KS, Balyasny Asset Management LLC, and First Trust Advisors LP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Varonis Systems' stock price today? One share of VRNS stock can currently be purchased for approximately $112.04. How big of a company is Varonis Systems? Varonis Systems has a market capitalization of $3.53 billion and generates $254.19 million in revenue each year. The technology company earns $-78,760,000.00 in net income (profit) each year or ($2.53) on an earnings per share basis. Varonis Systems employs 1,574 workers across the globe. What is Varonis Systems' official website? The official website for Varonis Systems is 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 877-292-8789 or via email at [email protected] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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