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 quarterly earnings results on Monday, October, 28th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 49.47% and a negative net margin of 21.42%. The business's revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 EPS 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 brokerages have issued 12 month price objectives for Varonis Systems' stock. Their forecasts range from $65.00 to $97.00. On average, they anticipate Varonis Systems' stock price to reach $80.85 in the next year. This suggests that the stock has a possible downside of 4.6%. 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 been trending very positive on Friday, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Varonis Systems earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock'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. Currently, 10.7% of the company's shares are sold short. View Varonis Systems' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Varonis Systems investors own include Okta (OKTA), Shopify (SHOP), NVIDIA (NVDA), Arista Networks (ANET), Square (SQ), Netflix (NFLX), Paypal (PYPL), Alibaba Group (BABA), Tesla (TSLA) and Trade Desk (TTD).

Varonis Systems' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Kopion Asset Management LLC (0.38%), Coronation Fund Managers Ltd. (0.20%), Intellectus Partners LLC (0.05%), Mirador Capital Partners LP (0.02%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and Strs Ohio (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 Strs Ohio and 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 acquired by a variety of institutional investors in the last quarter, including Kopion Asset Management LLC, Coronation Fund Managers Ltd., Zurcher Kantonalbank Zurich Cantonalbank , Intellectus Partners 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 $84.75.

Varonis Systems has a market capitalization of $2.58 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]