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

$62.59
+0.26 (+0.42 %)
(As of 09/20/2019 04:30 AM ET)
Today's Range
$61.45
Now: $62.59
$63.47
50-Day Range
$60.18
MA: $68.05
$73.09
52-Week Range
$48.67
Now: $62.59
$80.00
Volume190,583 shs
Average Volume384,244 shs
Market Capitalization$1.90 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.91
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. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:VRNS
CUSIPN/A
Phone877-292-8789

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$270.29 million
Book Value$4.25 per share

Profitability

Net Income$-28,570,000.00

Miscellaneous

Employees1,460
Market Cap$1.90 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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) released its earnings results on Monday, July, 29th. The technology company reported ($0.79) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.63) by $0.16. The technology company earned $59.62 million during the quarter, compared to analyst estimates of $62.37 million. Varonis Systems had a negative net margin of 17.73% and a negative return on equity of 40.22%. View Varonis Systems' Earnings History.

When is Varonis Systems' next earnings date?

Varonis Systems is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Varonis Systems.

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?

14 brokerages have issued twelve-month price targets for Varonis Systems' stock. Their forecasts range from $65.00 to $90.00. On average, they expect Varonis Systems' stock price to reach $74.3333 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Varonis Systems.

What is the consensus analysts' recommendation for Varonis Systems?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 5 hold ratings and 9 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?

Media stories about VRNS stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Varonis Systems earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely 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?

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 Shopify (SHOP), Arista Networks (ANET), Okta (OKTA), NVIDIA (NVDA), Square (SQ), Micron Technology (MU), Netflix (NFLX), Alibaba Group (BABA), Twilio (TWLO) and Paypal (PYPL).

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 major 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, James O'boyle, Ohad Korkus and Yakov Faitelson. View Insider Buying and Selling for Varonis Systems.

Which major investors are buying Varonis Systems stock?

VRNS stock was purchased 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, Robinhood, Fidelity and Charles Schwab.

What is Varonis Systems' stock price today?

One share of VRNS stock can currently be purchased for approximately $62.59.

How big of a company is Varonis Systems?

Varonis Systems has a market capitalization of $1.90 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?

The official website for Varonis Systems is http://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]


MarketBeat Community Rating for Varonis Systems (NASDAQ VRNS)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  587 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  912
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.
This page was last updated on 9/20/2019 by MarketBeat.com Staff

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