NYSE:VEEV Veeva Systems (VEEV) Stock Forecast, Price & News $187.65 -0.50 (-0.27%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$185.20▼$190.4350-Day Range$162.60▼$198.1352-Week Range$151.02▼$232.26Volume790,027 shsAverage Volume1.49 million shsMarket Capitalization$29.99 billionP/E Ratio58.64Dividend YieldN/APrice Target$205.26 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Veeva Systems MarketRank™ ForecastAnalyst RatingModerate Buy2.61 Rating ScoreUpside/Downside9.6% Upside$205.65 Price TargetShort InterestHealthy1.59% of Shares Sold ShortDividend StrengthN/ASustainability-0.79Upright™ Environmental ScoreNews Sentiment0.42Based on 28 Articles This WeekInsider TradingSelling Shares$3.06 M Sold Last QuarterProj. Earnings Growth23.33%From $2.70 to $3.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.18 out of 5 starsComputer And Technology Sector255th out of 597 stocksPrepackaged Software Industry75th out of 211 stocks 1.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Buy. The company's average rating score is 2.61, and is based on 14 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $205.65, Veeva Systems has a forecasted upside of 9.6% from its current price of $187.65.Amount of Analyst CoverageVeeva Systems has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.59% of the outstanding shares of Veeva Systems have been sold short.Short Interest Ratio / Days to CoverVeeva Systems has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Veeva Systems has recently increased by 3.25%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldVeeva Systems does not currently pay a dividend.Dividend GrowthVeeva Systems does not have a long track record of dividend growth. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVeeva Systems has received a 24.04% net impact score from Upright. Veeva Systems seems to create the most significant positive value in categories "Jobs", "Taxes", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Hosted data storage services", "Application hosting services", and "Hosted analytics services" products. See details.Environmental SustainabilityThe Environmental Impact score for Veeva Systems is -0.79. Previous Next 2.5 News and Social Media Coverage News SentimentVeeva Systems has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Veeva Systems this week, compared to 9 articles on an average week.Search InterestOnly 18 people have searched for VEEV on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat Follows9 people have added Veeva Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veeva Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,055,878.00 in company stock.Percentage Held by Insiders10.98% of the stock of Veeva Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions78.76% of the stock of Veeva Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Veeva Systems are expected to grow by 23.33% in the coming year, from $2.70 to $3.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 58.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 58.64, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 297.20.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 3.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVeeva Systems has a P/B Ratio of 7.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Veeva Systems (NYSE:VEEV) StockVeeva Systems, Inc. engages in the provision of industry cloud solutions for the global life sciences industry. Its solutions enable pharmaceutical and other life sciences companies to realize the benefits of modern cloud-based architectures and mobile applications for their most critical business functions, without compromising industry-specific functionality or regulatory compliance. The firm's customer relationship management solutions enable its customers to increase the productivity and compliance of their sales and marketing functions. Its regulated content management and collaboration solutions enable its customers to more efficiently manage regulated, content-centric processes across the enterprise. The company's customer master solution enables customers to more effectively manage complex healthcare provider and healthcare organization data. The company was founded by Mark Armenante, Peter P. Gassner, Doug Ostler, Mitch Wallace and Matthew J. Wallach on January 12, 2007, and is headquartered in Pleasanton, CA.Read More Receive VEEV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veeva Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address VEEV Stock News HeadlinesJune 9, 2023 | finance.yahoo.com2 Growth Stocks Ready for a Bull RunJune 9, 2023 | finance.yahoo.comIs Veeva Systems Inc. (NYSE:VEEV) Worth US$188 Based On Its Intrinsic Value?June 10, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. June 9, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Given New $204.00 Price Target at Truist FinancialJune 9, 2023 | americanbankingnews.comVeeva Systems Inc. (NYSE:VEEV) Director Timothy S. Cabral Sells 12,036 SharesJune 8, 2023 | msn.comTruist Securities Maintains Veeva Systems Inc - (VEEV) Hold RecommendationJune 7, 2023 | americanbankingnews.comVeeva Systems Inc. (NYSE:VEEV) CAO Michele O'connor Sells 3,137 SharesJune 6, 2023 | finanznachrichten.deVeeva Systems: Veeva Business Consulting Expands with New R&D ServicesJune 10, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.June 6, 2023 | finance.yahoo.comVeeva Business Consulting Expands with New R&D ServicesJune 6, 2023 | finance.yahoo.comVeeva's Gap Higher Gives Life to Our Attractive Price TargetJune 5, 2023 | finance.yahoo.comVeeva to Present at Upcoming Investor ConferencesJune 5, 2023 | finanznachrichten.deVeeva Systems: More Than 450 Companies Adopt Veeva Vault eTMF for Improved Trial Efficiency and Inspection ReadinessJune 5, 2023 | finance.yahoo.com2 Soaring Healthcare Stocks That Could Climb Even HigherJune 5, 2023 | finance.yahoo.comMore Than 450 Companies Adopt Veeva Vault eTMF for Improved Trial Efficiency and Inspection ReadinessJune 5, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Price Target Raised to $210.00June 4, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Updates FY 2024 Earnings GuidanceJune 4, 2023 | es-us.finanzas.yahoo.comVeeva Systems Insiders Sold US$3.1m Of Shares Suggesting HesitancyJune 4, 2023 | finance.yahoo.comVeeva Systems Insiders Sold US$3.1m Of Shares Suggesting Hesitancy \June 4, 2023 | americanbankingnews.comRaymond James Boosts Veeva Systems (NYSE:VEEV) Price Target to $210.00June 4, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Price Target Raised to $215.00June 3, 2023 | finance.yahoo.comWhere Will Veeva Systems Stock Be in 1 Year?June 3, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Issues Q2 Earnings GuidanceJune 3, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Lowered to Hold at StockNews.comJune 3, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Price Target Raised to $203.00June 3, 2023 | americanbankingnews.comRobert W. Baird Increases Veeva Systems (NYSE:VEEV) Price Target to $235.00June 3, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Shares Gap Up Following Analyst UpgradeSee More Headlines VEEV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VEEV Company Calendar Last Earnings12/01/2021Today6/09/2023Next Earnings (Estimated)8/30/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:VEEV CUSIPN/A CIK1393052 Webwww.veeva.com Phone(925) 452-6500Fax925-452-6504Employees6,744Year Founded2007Price Target and Rating Average Stock Price Forecast$205.65 High Stock Price Forecast$240.00 Low Stock Price Forecast$170.00 Forecasted Upside/Downside+9.4%Consensus RatingModerate Buy Rating Score (0-4)2.61 Research Coverage23 Analysts Profitability EPS (Most Recent Fiscal Year)$3.20 Trailing P/E Ratio58.64 Forward P/E Ratio69.50 P/E Growth3.46Net Income$487.71 million Net Margins23.85% Pretax Margin21.62% Return on Equity10.88% Return on Assets8.60% Debt Debt-to-Equity RatioN/A Current Ratio4.16 Quick Ratio3.94 Sales & Book Value Annual Sales$2.16 billion Price / Sales13.92 Cash Flow$2.92 per share Price / Cash Flow64.26 Book Value$24.67 per share Price / Book7.61Miscellaneous Outstanding Shares159,810,000Free Float142,259,000Market Cap$29.99 billion OptionableOptionable Beta0.92 Social Links Key ExecutivesPeter P. GassnerChief Executive Officer & DirectorTom SchwengerPresident & Chief Operating OfficerBrent BowmanChief Financial OfficerPinal PatelChief Information OfficerJacques MourrainVice President-Quality & ComplianceKey CompetitorsDatadogNASDAQ:DDOGANSYSNASDAQ:ANSSMongoDBNASDAQ:MDBCrowdStrikeNASDAQ:CRWDHubSpotNYSE:HUBSView All CompetitorsInsiders & InstitutionsTimothy S CabralSold 12,036 sharesTotal: $2.41 M ($200.05/share)Michele O'connorSold 3,137 sharesTotal: $620,969.15 ($197.95/share)Macquarie Group Ltd.Bought 124,804 shares on 6/1/2023Ownership: 0.196%Prelude Capital Management LLCSold 413 shares on 6/1/2023Ownership: 0.006%Legato Capital Management LLCBought 1,000 shares on 5/25/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions VEEV Stock - Frequently Asked Questions Should I buy or sell Veeva Systems stock right now? 23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 9 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" VEEV shares. View VEEV analyst ratings or view top-rated stocks. What is Veeva Systems' stock price forecast for 2023? 23 Wall Street research analysts have issued 1 year target prices for Veeva Systems' shares. Their VEEV share price forecasts range from $170.00 to $240.00. On average, they predict the company's stock price to reach $205.65 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts price targets for VEEV or view top-rated stocks among Wall Street analysts. How have VEEV shares performed in 2023? Veeva Systems' stock was trading at $161.38 at the start of the year. Since then, VEEV stock has increased by 16.3% and is now trading at $187.65. View the best growth stocks for 2023 here. When is Veeva Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 30th 2023. View our VEEV earnings forecast. How were Veeva Systems' earnings last quarter? Veeva Systems Inc. (NYSE:VEEV) released its quarterly earnings data on Wednesday, December, 1st. The technology company reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.88 by $0.09. The technology company earned $476.11 million during the quarter, compared to analyst estimates of $465.31 million. Veeva Systems had a trailing twelve-month return on equity of 10.88% and a net margin of 23.85%. During the same period last year, the business posted $0.54 EPS. What ETFs hold Veeva Systems' stock? ETFs with the largest weight of Veeva Systems (NYSE:VEEV) stock in their portfolio include Sterling Capital Focus Equity ETF (LCG), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), Fidelity Digital Health ETF (FDHT), Direxion Daily Cloud Computing Bull 2x (CLDL), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Goldman Sachs Future Health Care Equity ETF (GDOC), American Century Mid Cap Growth Impact (MID) and IQ Winslow Focused Large Cap Growth ETF (IWFG). What guidance has Veeva Systems issued on next quarter's earnings? Veeva Systems updated its FY 2024 earnings guidance on Sunday, June, 4th. The company provided earnings per share guidance of $4.59-$4.59 for the period, compared to the consensus earnings per share estimate of $4.32. The company issued revenue guidance of $2.36 billion-$2.37 billion, compared to the consensus revenue estimate of $2.36 billion. What is Peter Gassner's approval rating as Veeva Systems' CEO? 202 employees have rated Veeva Systems Chief Executive Officer Peter Gassner on Glassdoor.com. Peter Gassner has an approval rating of 82% among the company's employees. What other stocks do shareholders of Veeva Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other Veeva Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), PayPal (PYPL), Shopify (SHOP), Walt Disney (DIS), Adobe (ADBE), Netflix (NFLX), Trade Desk (TTD) and Block (SQ). What is Veeva Systems' stock symbol? Veeva Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "VEEV." Who are Veeva Systems' major shareholders? Veeva Systems' stock is owned by many different institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (6.42%), BlackRock Inc. (5.31%), Price T Rowe Associates Inc. MD (4.87%), State Street Corp (1.83%), Wellington Management Group LLP (1.52%) and Geode Capital Management LLC (1.35%). Insiders that own company stock include Alan Mateo, Brent R Bowman, Eleni Nitsa Zuppas, Frederic Lequient, Jonathan Faddis, Joseph Christopher Hays, Mary Lynne Hedley, Matthew J Wallach, Matthew J Wallach, Michele O'connor, Paul Edward Chamberlain, Paul J Sekhri, Peter P Gassner, Ronald E F Codd, Steven L Fasman, Thomas D Schwenger, Timothy C Barabe and Timothy S Cabral. View institutional ownership trends. How do I buy shares of Veeva Systems? Shares of VEEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Veeva Systems' stock price today? One share of VEEV stock can currently be purchased for approximately $187.65. How much money does Veeva Systems make? Veeva Systems (NYSE:VEEV) has a market capitalization of $29.99 billion and generates $2.16 billion in revenue each year. The technology company earns $487.71 million in net income (profit) each year or $3.20 on an earnings per share basis. How many employees does Veeva Systems have? The company employs 6,744 workers across the globe. Does Veeva Systems have any subsidiaries? The following companies are subsidiares of Veeva Systems: AdvantageMS, Learnaboutgmp, Physicians World, Selligy, Veeva Crossix, Veeva RTSM, Veracity Logic, and Zinc Ahead Ltd.Read More How can I contact Veeva Systems? Veeva Systems' mailing address is 4280 HACIENDA DRIVE, PLEASANTON CA, 94588. The official website for the company is www.veeva.com. The technology company can be reached via phone at (925) 452-6500, via email at ir@veeva.com, or via fax at 925-452-6504. 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