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.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone877-292-8789
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$270.29 million
Profitability
Miscellaneous
Employees1,460
Next Earnings Date11/4/2019 (Estimated)
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, October, 29th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.23. The technology company earned $67.05 million during the quarter, compared to analyst estimates of $64.47 million. Varonis Systems had a negative net margin of 17.73% and a negative return on equity of 40.22%. The firm's quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter last year, the business earned $0.06 EPS. View Varonis Systems' Earnings History.
When is Varonis Systems' next earnings date?
What guidance has Varonis Systems issued on next quarter's earnings?
Varonis Systems updated its third quarter earnings guidance on Monday, July, 29th. The company provided EPS guidance of ($0.36-0.34) for the period, compared to the Thomson Reuters consensus estimate of ($0.08). The company issued revenue guidance of $61.0-62.5 million, compared to the consensus revenue estimate of $68.24 million.
What price target have analysts set for VRNS?
15 brokers have issued 12 month price targets for Varonis Systems' stock. Their predictions range from $60.00 to $90.00. On average, they expect Varonis Systems' share price to reach $74.00 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for Varonis Systems.
What is the consensus analysts' recommendation for Varonis Systems?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 5 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 and increase our price target to $80. Varonis reported a significant acceleration in subscription mix in 2Q19 to 56% of license revenue from guidance of 25%. While this contributed to weak reported results, a faster-than-anticipated shift to subscription and greater adoption of the Varonis platform validates the new pricing model, drives a broader value proposition to customers and increases value to shareholders long term." (7/30/2019)
- 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. " (6/28/2019)
Has Varonis Systems been receiving favorable news coverage?
Headlines about VRNS stock have trended negative on Sunday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Varonis Systems earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Varonis Systems.
Who are some of Varonis Systems' key competitors?
Some companies that are related to Varonis Systems include Coupa Software (COUP), Alteryx (AYX), HubSpot (HUBS), Mongodb (MDB), Docusign (DOCU), Guidewire Software (GWRE), PTC (PTC), Anaplan (PLAN), Ceridian HCM (CDAY), Dropbox (DBX), Micro Focus International (MFGP), Trend Micro (TMICY), Avalara (AVLR), Momo (MOMO) and FalconStor Software (FALC).
What other stocks do shareholders of Varonis Systems own?
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 shareholders include Vanguard Group Inc. (8.90%), BlackRock Inc. (6.87%), Soma Equity Partners LP (3.46%), Cadian Capital Management LP (3.26%), Waddell & Reed Financial Inc. (2.84%) and Emerald Advisers LLC (2.13%). Company insiders that own Varonis Systems stock include David Bass, Gili Iohan, Guy Melamed, 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 Point72 Asset Management L.P., Invesco Ltd., Renaissance Technologies LLC, Jennison Associates LLC, Jennison Associates LLC, First Trust Advisors LP, Mondrian Capital Management LLC and Jupiter Asset Management Ltd.. Company insiders that have sold Varonis Systems company stock in the last year include David Bass, Guy Melamed, James O'boyle, Ohad Korkus and Yakov Faitelson. View Insider Buying and Selling for Varonis Systems.
Which institutional investors are buying Varonis Systems stock?
VRNS stock was acquired by a variety of institutional investors in the last quarter, including Cadian Capital Management LP, Holocene Advisors LP, Soma Equity Partners LP, Nuveen Asset Management LLC, Mackenzie Financial Corp, Tremblant Capital Group, BlackRock Inc. and Atalan Capital Partners LP. 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 $69.03.
How big of a company is Varonis Systems?
Varonis Systems has a market capitalization of $2.09 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.
What is Varonis Systems' official website?
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]
MarketBeat Community Rating for Varonis Systems (NASDAQ VRNS)
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.
