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

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

Varonis Systems Inc (NASDAQ:VRNS) announced its quarterly earnings results on Monday, February, 10th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.38. The technology company had revenue of $72.60 million for the quarter, compared to analyst estimates of $72.05 million. Varonis Systems had a negative net margin of 30.99% and a negative return on equity of 74.25%. The firm's revenue was down 17.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 EPS. View Varonis Systems' Earnings History.

Varonis Systems is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Varonis Systems.

Varonis Systems issued an update on its FY20 earnings guidance on Monday, February, 10th. The company provided earnings per share (EPS) guidance of ($0.93)-($0.89) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.54). The company issued revenue guidance of $286-$292 million, compared to the consensus revenue estimate of $286.43 million.

12 Wall Street analysts have issued 12-month price objectives for Varonis Systems' shares. Their forecasts range from $70.00 to $115.00. On average, they anticipate Varonis Systems' share price to reach $95.10 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Varonis Systems.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Varonis Systems.

Press coverage about VRNS stock has been trending somewhat negative on Sunday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Varonis Systems earned a news impact score of -1.8 on InfoTrie's scale. They also gave media 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 stock's share price in the near term. View News Stories for Varonis Systems.

Varonis Systems saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,950,000 shares, a decrease of 5.4% from the January 15th total of 3,120,000 shares. Based on an average daily trading volume, of 259,900 shares, the short-interest ratio is presently 11.4 days. Currently, 10.1% of the shares of the company are short sold. View Varonis Systems' Current Options Chain.

Some companies that are related to Varonis Systems include Ceridian HCM (CDAY), Coupa Software (COUP), PTC (PTC), Mongodb (MDB), Guidewire Software (GWRE), Dynatrace (DT), UBISOFT ENTMT S/ADR (UBSFY), Alteryx (AYX), HubSpot (HUBS), Anaplan (PLAN), Paylocity (PCTY), Dropbox (DBX), Trend Micro (TMICY), Nutanix (NTNX) 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), Alibaba Group (BABA), Square (SQ), Netflix (NFLX), Paypal (PYPL), Tesla (TSLA) and Trade Desk (TTD).

Varonis Systems' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Jackson Square Partners LLC (6.68%), Cadian Capital Management LP (6.15%), William Blair Investment Management LLC (4.67%), Victory Capital Management Inc. (4.34%), Victory Capital Management Inc. (4.28%) and FMR LLC (3.69%). 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 Point72 Asset Management L.P., FMR LLC, First Trust Advisors LP, Candriam Luxembourg S.C.A., Migdal Insurance & Financial Holdings Ltd., Cadian Capital Management LP, Strs Ohio and PNC Financial Services Group Inc.. 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 William Blair Investment Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., Artisan Partners Limited Partnership, Ion Asset Management Ltd., Jackson Square Partners LLC, Kopion Asset Management LLC and Castleark Management LLC. 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 $89.00.

Varonis Systems has a market capitalization of $2.72 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.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]