NASDAQ:VRNSVaronis Systems Stock Price, Forecast & 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 $84.39 +0.73 (+0.87 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$82.02Now: $84.39▼$84.6450-Day Range$60.34MA: $69.79▼$83.6652-Week Range$48.95Now: $84.39▼$93.24Volume450,583 shsAverage Volume463,331 shsMarket Capitalization$2.66 billionP/E RatioN/ADividend YieldN/ABeta0.97 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 2.86, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $81.25, Varonis Systems has a potential downside of 3.7% from its current price of $84.39.Amount of Analyst CoverageVaronis Systems has been the subject of 10 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 756 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVaronis Systems has received 392 “underperform” votes. (Add your “underperform” vote.)Community SentimentVaronis Systems has received 65.85% “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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Varonis Systems insiders have sold 19,804.79% more of their company's stock than they have bought. Specifically, they have bought $50,049.00 in company stock and sold $9,962,148.00 in company stock.Percentage Held by InsidersOnly 2.70% of the stock of Varonis Systems is held by insiders.Percentage Held by Institutions97.20% of the stock of Varonis Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Varonis Systems are expected to grow in the coming year, from ($2.82) to ($2.57) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Varonis Systems is -29.40, 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 -29.40, 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 33.22. 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: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.47 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 Ratio0.68 Current Ratio1.22 Quick Ratio1.22Price-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 / Sales10.45 Cash FlowN/A Price / Cash FlowN/A Book Value$2.54 per share Price / Book33.22Profitability EPS (Most Recent Fiscal Year)($2.53) Net Income$-78,760,000.00 Net Margins-34.74% Return on Equity-93.70% Return on Assets-28.83%Miscellaneous Employees1,574 Outstanding Shares31,470,000Market Cap$2.66 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable NASDAQ:VRNS Rates by TradingView 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 (Coronavirus)? Varonis Systems' stock was trading at $68.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, VRNS shares have increased by 22.4% and is now trading at $84.39. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Varonis Systems? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 2 hold ratings and 12 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, August 3rd 2020. View our earnings forecast for Varonis Systems. How were Varonis Systems' earnings last quarter? Varonis Systems Inc (NASDAQ:VRNS) released its quarterly earnings data on Monday, May, 4th. The technology company reported ($0.56) EPS for the quarter, topping the Zacks' consensus estimate of ($0.59) by $0.03. The technology company had revenue of $54.18 million for the quarter, compared to analysts' expectations of $54.04 million. Varonis Systems had a negative return on equity of 93.70% and a negative net margin of 34.74%. Varonis Systems's quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.37) earnings per share. View Varonis Systems' earnings history. What guidance has Varonis Systems issued on next quarter's earnings? Varonis Systems updated its second quarter earnings guidance on Monday, May, 4th. The company provided earnings per share guidance of (0.36-0.34) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.38). The company issued revenue guidance of $56-58 million, compared to the consensus revenue estimate of $56.25 million. What price target have analysts set for VRNS? 14 equities research analysts have issued 1-year target prices for Varonis Systems' shares. Their forecasts range from $67.00 to $105.00. On average, they anticipate Varonis Systems' share price to reach $81.25 in the next year. This suggests that the stock has a possible downside of 3.7%. View analysts' price targets for Varonis Systems. Has Varonis Systems been receiving favorable news coverage? Press coverage about VRNS stock has been trending extremely negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Varonis Systems earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutVaronis Systems. Who are some of Varonis Systems' key competitors? Some companies that are related to Varonis Systems include Ceridian HCM (CDAY), Dropbox (DBX), Alteryx (AYX), UBISOFT ENTMT S/ADR (UBSFY), PTC (PTC), Cloudflare (NET), HubSpot (HUBS), Guidewire Software (GWRE), Avalara (AVLR), Trend Micro (TMICY), Paylocity (PCTY), Elastic (ESTC), Smartsheet (SMAR), RealPage (RP) and Nuance Communications (NUAN). 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 Okta (OKTA), Shopify (SHOP), NVIDIA (NVDA), Square (SQ), Netflix (NFLX), Paypal (PYPL), Arista Networks (ANET), Tesla (TSLA), Alibaba Group (BABA) and Paycom Software (PAYC). 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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.13%), William Blair Investment Management LLC (4.59%), Victory Capital Management Inc. (4.09%), Victory Capital Management Inc. (4.09%), Waddell & Reed Financial Inc. (3.24%) and Clearbridge Investments LLC (3.08%). Company insiders that own Varonis Systems stock include David Bass, Gilad Raz, Gili Iohan, Guy Melamed, James O'boyle, 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 Wasatch Advisors Inc., Mackenzie Financial Corp, Two Sigma Investments LP, Two Sigma Advisers LP, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Deutsche Bank AG, and Ion Asset Management Ltd.. Company insiders that have sold Varonis Systems company stock in the last year include David Bass, Gilad Raz, Gili Iohan, Guy Melamed, James O'boyle, Ohad Korkus, Rona Segev-Gal, and Yakov Faitelson. View insider buying and selling activity for Varonis Systems. Which institutional investors are buying Varonis Systems stock? VRNS stock was purchased by a variety of institutional investors in the last quarter, including Meitav Dash Investments Ltd., Loomis Sayles & Co. L P, Artemis Investment Management LLP, Artemis Investment Management LLP, Fuller & Thaler Asset Management Inc., Castleark Management LLC, Jennison Associates LLC, and Aviva PLC. 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 $84.39. How big of a company is Varonis Systems? Varonis Systems has a market capitalization of $2.66 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 5/30/2020 by MarketBeat.com Staff
