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

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

Varonis Systems Inc (NASDAQ:VRNS) issued its quarterly earnings data on Monday, October, 28th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.34) by $0.18. The technology company had revenue of $65.65 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the firm posted $0.06 EPS. 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 EPS guidance of (0.013-0.07) for the period, compared to the Thomson Reuters consensus 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 twelve months. This suggests that the stock has a possible downside of 7.3%. 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 coverage about VRNS stock has trended very negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing 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 nearest to five being the most favorable. Varonis Systems earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Varonis Systems.

Varonis Systems saw a increase in short interest during 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 trading volume, of 249,800 shares, the short-interest ratio is currently 12.5 days. Approximately 10.7% of the shares of the stock are sold short. 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), Momo (MOMO), HubSpot (HUBS), Dynatrace (DT), 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), Square (SQ), Netflix (NFLX), Alibaba Group (BABA), 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 purchased 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 $85.26.

Varonis Systems has a market capitalization of $2.60 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]