NYSE:VEEV Veeva Systems (VEEV) Stock Price, News & Analysis $192.55 +6.00 (+3.22%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$186.33▼$193.5450-Day Range$171.49▼$209.9052-Week Range$162.72▼$236.90Volume1.06 million shsAverage Volume989,830 shsMarket Capitalization$31.13 billionP/E Ratio56.80Dividend YieldN/APrice Target$228.27 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Veeva Systems alerts: Email Address Veeva Systems MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside18.6% Upside$228.27 Price TargetShort InterestHealthy1.29% of Shares Sold ShortDividend StrengthN/ASustainability-0.79Upright™ Environmental ScoreNews Sentiment0.40Based on 18 Articles This WeekInsider TradingSelling Shares$2.76 M Sold Last QuarterProj. Earnings Growth11.93%From $4.19 to $4.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.70 out of 5 starsComputer And Technology Sector70th out of 612 stocksPrepackaged Software Industry21st out of 202 stocks 3.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 15 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageVeeva Systems has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Veeva Systems' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.29% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Veeva Systems has recently decreased by 3.69%, indicating that investor sentiment is improving. 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 1.9 News and Social Media Coverage News SentimentVeeva Systems has a news sentiment score of 0.40. 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 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Veeva Systems this week, compared to 11 articles on an average week.Search InterestOnly 11 people have searched for VEEV on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Veeva Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $2,764,950.00 in company stock.Percentage Held by Insiders10.50% 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 Institutions88.20% of the stock of Veeva Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Veeva Systems' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Veeva Systems are expected to grow by 11.93% in the coming year, from $4.19 to $4.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 56.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 56.76, 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 251.62.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 1.81. 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 6.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Veeva Systems' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Veeva Systems Stock (NYSE:VEEV)Veeva Systems Inc. provides cloud-based software for the life sciences industry. It offers Veeva Commercial Cloud, a suite of software and analytics solutions, such as Veeva customer relationship management (CRM) that enable customer-facing employees at pharmaceutical and biotechnology companies; Veeva Vault PromoMats, an end-to-end content and digital asset management solution; Veeva Vault Medical that provides source of medical content across multiple channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical brands; Veeva OpenData, a customer reference data solution; Veeva Link, a data application that allows link to generate real-time intelligence; and Veeva Compass includes de-identified and longitudinal patient data for the United States. The company also provides Veeva Development Cloud, a suite of applications for the clinical, regulatory, quality, and safety functions, including Veeva Vault Clinical, Veeva Vault RIM, Veeva Vault Safety, and Veeva Vault Quality; Veeva QualityOne, a quality and document management, and training solution; Veeva RegulatoryOne, a solution that helps companies to manage regulatory submission content; and Veeva Claims addresses the end-to-end product and marketing claims management process. In addition, it offers professional and support services, including implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; data migration and systems integrations technical consulting services; training on its solutions; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.Read More VEEV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VEEV Stock News HeadlinesJuly 26 at 3:25 AM | americanbankingnews.comFY2025 EPS Estimates for Veeva Systems Inc. Cut by Analyst (NYSE:VEEV)July 25 at 8:58 PM | benzinga.comHere's How Much You Would Have Made Owning Veeva Systems Stock In The Last 10 YearsJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 10:57 AM | msn.comVeeva Systems (VEEV) Stock Moves -1.32%: What You Should KnowJuly 25 at 9:03 AM | prnewswire.comTargeted Pre-Launch Scientific Outreach Drives 40% Faster Treatment AdoptionJuly 25 at 3:23 AM | americanbankingnews.comVeeva Systems Inc. (NYSE:VEEV) Receives $228.27 Consensus PT from BrokeragesJuly 24 at 9:35 AM | americanbankingnews.comQ3 2025 Earnings Forecast for Veeva Systems Inc. Issued By Zacks Research (NYSE:VEEV)July 23 at 1:45 AM | seekingalpha.comVeeva Systems: Headwinds Have Created Opportunity And Pent-Up DemandJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 19, 2024 | markets.businessinsider.comBuy Rating Affirmed: Strategic CFO Appointment and Solid Financial Outlook at Veeva SystemsJuly 19, 2024 | msn.comIs Veeva Systems (VEEV) a Good Investment Choice?July 19, 2024 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Price Target Raised to $233.00 at GuggenheimJuly 16, 2024 | americanbankingnews.comVeeva Systems' (VEEV) "Buy" Rating Reaffirmed at Needham & Company LLCJuly 14, 2024 | fool.com2 Top Growth Stocks That Could Turn $1,000 Into $4,000 in 10 YearsJuly 6, 2024 | seekingalpha.comVeeva: Growth In Dev Cloud Clears Cloudy Skies (Rating Upgrade)June 28, 2024 | fool.com2 Top Growth Stocks to Buy in JuneJune 19, 2024 | prnewswire.comVita Global Sciences Partners with Veeva to Streamline Clinical Data ManagementJune 6, 2024 | seekingalpha.comVeeva Systems: A Stable Growth Story (Downgraded To A Hold)See More Headlines 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 Company Calendar Last Earnings5/30/2024Today7/26/2024Next Earnings (Estimated)9/04/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNYSE:VEEV CUSIPN/A CIK1393052 Webwww.veeva.com Phone(925) 452-6500Fax925-452-6504Employees7,172Year Founded2007Price Target and Rating Average Stock Price Target$228.27 High Stock Price Target$270.00 Low Stock Price Target$173.00 Potential Upside/Downside+18.7%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage22 Analysts Profitability EPS (Most Recent Fiscal Year)$3.39 Trailing P/E Ratio56.73 Forward P/E Ratio45.90 P/E Growth1.81Net Income$525.71 million Net Margins22.34% Pretax Margin28.26% Return on Equity12.74% Return on Assets10.20% Debt Debt-to-Equity RatioN/A Current Ratio4.29 Quick Ratio4.29 Sales & Book Value Annual Sales$2.36 billion Price / Sales13.15 Cash Flow$3.64 per share Price / Cash Flow52.82 Book Value$28.80 per share Price / Book6.68Miscellaneous Outstanding Shares161,650,000Free Float144,679,000Market Cap$31.09 billion OptionableOptionable Beta0.80 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Peter P. Gassner (Age 59)Founder, CEO & Director Comp: $420.83kMs. Eleni Nitsa Zuppas (Age 54)President & Chief of Staff Comp: $420.83kMr. Thomas D. Schwenger (Age 56)President & Chief Customer Officer Comp: $420.83kMr. Timothy Stephen Cabral (Age 57)Interim CFO & Director Comp: $50kMr. Brent R. Bowman (Age 57)Executive officer Comp: $420.83kMs. Kristine B. Diamond (Age 56)Principal Accounting Officer Mr. Matthew Robinson (Age 50)Chief Technology Officer Mr. Pinal PatelChief Information OfficerMr. Gunnar Georg HansenDirector of Investor RelationsMr. Jonathan W. Faddis (Age 52)Senior VP, General Counsel & Corporate Secretary Comp: $391.67kMore ExecutivesKey CompetitorsShopifyNYSE:SHOPPalantir TechnologiesNYSE:PLTRTrade DeskNASDAQ:TTDSnowflakeNYSE:SNOWPinterestNYSE:PINSView All CompetitorsInsiders & InstitutionsBristlecone Advisors LLCBought 559 shares on 7/26/2024Ownership: 0.013%Patten Group Inc.Bought 963 shares on 7/26/2024Ownership: 0.004%Verdence Capital Advisors LLCBought 318 shares on 7/26/2024Ownership: 0.003%Atomi Financial Group Inc.Bought 353 shares on 7/26/2024Ownership: 0.002%State of Michigan Retirement SystemBought 400 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Veeva Systems Stock? VEEV Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Veeva Systems Inc.: Veeva Systems has a strong market capitalization of $29.06 billion, indicating stability and potential for growth. The company's stock has a price-to-earnings ratio of 53.02, which suggests solid earnings performance relative to its stock price. Insider activity shows recent selling by company executives, which could indicate confidence in the company's future performance. Institutional investors own 88.20% of Veeva Systems stock, signaling trust and support from major financial entities. Veeva Systems provides cloud-based software for the life sciences industry, a sector with high growth potential and demand for innovative solutions. Cons Investors should be bearish about investing in Veeva Systems Inc. for these reasons: Analysts have issued a variety of ratings on the stock, including a sell rating, which may indicate mixed opinions on the company's future performance. Recent insider selling activities by company executives could raise concerns about the company's short-term outlook. The stock's price-to-earnings ratio of 53.02 may suggest that the stock is currently overvalued compared to its earnings potential. Recent drops in price targets by analysts, such as Morgan Stanley lowering their target from $210.00 to $173.00, may reflect a cautious outlook on the stock. The company's beta of 0.80 indicates that the stock may be less volatile than the market average, potentially limiting potential returns for investors seeking higher-risk investments. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Veeva Systems pros and cons to contact@marketbeat.com. VEEV Stock Analysis - Frequently Asked Questions How have VEEV shares performed this year? Veeva Systems' stock was trading at $192.52 on January 1st, 2024. Since then, VEEV shares have increased by 0.0% and is now trading at $192.55. View the best growth stocks for 2024 here. How were Veeva Systems' earnings last quarter? Veeva Systems Inc. (NYSE:VEEV) released its quarterly earnings data on Thursday, May, 30th. The technology company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.93 by $0.10. The technology company earned $650.35 million during the quarter, compared to analyst estimates of $641.73 million. Veeva Systems had a trailing twelve-month return on equity of 12.74% and a net margin of 22.34%. 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. Does Veeva Systems have any subsidiaries? Veeva Systems subsidiaries include Veeva RTSM, Veracity Logic, Learnaboutgmp, Physicians World, Veeva Crossix, Zinc Ahead Ltd, Selligy, and AdvantageMS. Who are Veeva Systems' major shareholders? Top institutional shareholders of Veeva Systems include Swedbank AB (0.64%), Bank of New York Mellon Corp (0.50%), Allspring Global Investments Holdings LLC (0.38%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.23%). Insiders that own company stock include Matthew J Wallach, Thomas D Schwenger, Alan Mateo, Eleni Nitsa Zuppas, Paul Edward Chamberlain, Paul J Sekhri, Jonathan Faddis, Michele O'connor, Timothy S Cabral, Mary Lynne Hedley, Ronald E F Codd and Peter P Gassner. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Veeva Systems own? Based on aggregate information from My MarketBeat watchlists, some other companies that Veeva Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), PayPal (PYPL), Shopify (SHOP), Walt Disney (DIS) and Adobe (ADBE). This page (NYSE:VEEV) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range...Crypto 101 Media | Sponsored5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Veeva Systems Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Veeva Systems With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
