Varonis Systems, Inc. provides software solutions that protect data from insider threats and cyberattacks. The company, through its software, allows organizations to protect data stored on premises and on cloud, such as sensitive files and emails; confidential customer, patient and employee data; financial records; strategic and product plans; and other intellectual property. It offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for every user on Windows and UNIX/Linux servers, storage devices, email systems, and Intranet servers; 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; and Data Classification Engine that identifies and tags data based on criteria set in multiple metadata dimensions and provides business and IT personnel with actionable intelligence about data. Varonis Systems, Inc. also provides 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; DatAnswers that provides secure, relevant, and timely search functionality for enterprise data; and DatAnywhere provides its customers' employees hybrid-cloud experience using its existing storage infrastructure. The company sells its products and services through a global network of distributors and Value Added Resellers. It serves IT and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:VRNS
CUSIPN/A
Phone877-292-8767
Debt
Debt-to-Equity RatioN/A
Current Ratio1.82
Quick Ratio1.82
Price-To-Earnings
Trailing P/E Ratio-138.30
Forward P/E Ratio-74.35
P/E GrowthN/A
Sales & Book Value
Annual Sales$217.36 million
Price / Sales9.30
Cash FlowN/A
Price / CashN/A
Book Value$3.65 per share
Price / Book18.95
Profitability
EPS (Most Recent Fiscal Year)($0.50)
Net Income$-13,690,000.00
Net Margins-10.52%
Return on Equity-23.77%
Return on Assets-10.68%
Miscellaneous
Employees1,251
Outstanding Shares29,220,000
Market Cap$2.01 billion
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) announced its earnings results on Monday, July, 30th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.03. The technology company earned $62.19 million during the quarter, compared to analysts' expectations of $62.20 million. Varonis Systems had a negative return on equity of 23.77% and a negative net margin of 10.52%. The company's revenue for the quarter was up 25.8% on a year-over-year basis. During the same period in the previous year, the business posted ($0.01) earnings per share. 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 issued an update on its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share (EPS) guidance of $0.00-0.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.05. The company issued revenue guidance of $265-268.5 million, compared to the consensus revenue estimate of $267.13 million.Varonis Systems also updated its Q3 guidance to ($0.02)-$0.01 EPS.
What price target have analysts set for VRNS?
14 Wall Street analysts have issued 1-year price targets for Varonis Systems' stock. Their forecasts range from $60.00 to $85.00. On average, they anticipate Varonis Systems' stock price to reach $73.8571 in the next year. This suggests a possible upside of 6.8% 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 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Varonis Systems.
Are investors shorting Varonis Systems?
Varonis Systems saw a decrease in short interest in July. As of July 31st, there was short interest totalling 412,785 shares, a decrease of 27.4% from the July 13th total of 568,672 shares. Based on an average trading volume of 595,602 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.5% of the shares of the stock are short sold. View Varonis Systems' Current Options Chain.
Who are some of Varonis Systems' key competitors?
Some companies that are related to Varonis Systems include Paycom Software (PAYC), Black Knight (BKI), Atlassian (TEAM), Guidewire Software (GWRE), Twilio (TWLO), Micro Focus International (MFGP), Konami (KNMCY), Okta (OKTA), New Relic (NEWR), National Instruments (NATI), MuleSoft (MULE), RealPage (RP), BlackBerry (BB), SINA (SINA) and HubSpot (HUBS).
Who are Varonis Systems' key executives?
Varonis Systems' management team includes the folowing people:
- Mr. Yakov Faitelson, Co-Founder, Chairman, CEO & Pres (Age 43)
- Mr. Guy Melamed, CFO & COO (Age 38)
- Mr. James O'Boyle, Sr. VP of Worldwide Sales (Age 54)
- Mr. Ohad Korkus, Co-Founder & Director (Age 39)
- Mr. David Bass, Exec. VP of Engineering & CTO (Age 40)
Has Varonis Systems been receiving favorable news coverage?
News stories about VRNS stock have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Varonis Systems earned a daily sentiment score of 0.11 on Accern's scale. They also gave news headlines about the technology company an impact score of 46.87 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Varonis Systems.
Who are Varonis Systems' major shareholders?
Varonis Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.75%), Jennison Associates LLC (5.18%), FMR LLC (3.04%), Emerald Advisers Inc. PA (2.46%), Emerald Mutual Fund Advisers Trust (2.11%) and Waddell & Reed Financial Inc. (2.05%). Company insiders that own Varonis Systems stock include David Bass, Gili Iohan, Guy Melamed, Iv LP Evergreen, James O'boyle, Kevin E Comolli, Ohad Korkus, Pitango Venture Capital Fund I, Pitango Venture Capital Princi, 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 Millennium Management LLC, Jennison Associates LLC, Bank of New York Mellon Corp, Intrinsic Edge Capital Management LLC, Columbus Circle Investors, Waddell & Reed Financial Inc., Eagle Asset Management Inc. and Bank of America Corp DE. Company insiders that have sold Varonis Systems company stock in the last year include David Bass, Gili Iohan, Guy Melamed, James O'boyle, Kevin E Comolli, Ohad Korkus, Rona Segev-Gal 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 DSAM Partners London Ltd, BlackRock Inc., FMR LLC, Jane Street Group LLC, OppenheimerFunds Inc., Chicago Equity Partners LLC, Engineers Gate Manager LP and First Trust Advisors 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 $69.15.
How big of a company is Varonis Systems?
Varonis Systems has a market capitalization of $2.01 billion and generates $217.36 million in revenue each year. The technology company earns $-13,690,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis. Varonis Systems employs 1,251 workers across the globe.
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 877-292-8767 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.
