Veeva Systems Stock Price, News & Analysis (NYSE:VEEV)

$149.63
+2.20 (+1.49 %)
(As of 09/23/2019 03:27 AM ET)
Today's Range
$147.00
Now: $149.63
$150.28
50-Day Range
$139.78
MA: $156.91
$166.8299
52-Week Range
$79.26
Now: $149.63
$176.90
Volume1.38 million shs
Average Volume1.85 million shs
Market Capitalization$22.14 billion
P/E Ratio120.67
Dividend YieldN/A
Beta1.32
Veeva Systems Inc provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. The company offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, data solutions, and master data management solutions; and Veeva Vault, a cloud-based enterprise content and data management applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, quality, and safety. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone925-452-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$862.21 million
Cash Flow$1.5536 per share
Book Value$9.76 per share

Profitability

Net Income$229.83 million

Miscellaneous

Employees2,553
Market Cap$22.14 billion
Next Earnings Date11/27/2019 (Estimated)
OptionableOptionable

Receive VEEV News and Ratings via Email

Sign-up to receive the latest news and ratings for VEEV and its competitors with MarketBeat's FREE daily newsletter.


Veeva Systems (NYSE:VEEV) Frequently Asked Questions

What is Veeva Systems' stock symbol?

Veeva Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "VEEV."

How were Veeva Systems' earnings last quarter?

Veeva Systems Inc (NYSE:VEEV) issued its earnings results on Tuesday, August, 27th. The technology company reported $0.41 EPS for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.03. The technology company had revenue of $266.90 million for the quarter, compared to the consensus estimate of $259.35 million. Veeva Systems had a net margin of 29.72% and a return on equity of 18.10%. The company's revenue for the quarter was up 27.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 EPS. View Veeva Systems' Earnings History.

When is Veeva Systems' next earnings date?

Veeva Systems is scheduled to release their next quarterly earnings announcement on Wednesday, November 27th 2019. View Earnings Estimates for Veeva Systems.

What guidance has Veeva Systems issued on next quarter's earnings?

Veeva Systems updated its FY20 earnings guidance on Tuesday, August, 27th. The company provided earnings per share (EPS) guidance of $2.11-2.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.03. The company issued revenue guidance of $1.062-1.065 billion, compared to the consensus revenue estimate of $1.05 billion.

What price target have analysts set for VEEV?

17 brokers have issued twelve-month target prices for Veeva Systems' shares. Their forecasts range from $120.00 to $200.00. On average, they anticipate Veeva Systems' stock price to reach $169.6250 in the next year. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Veeva Systems.

What is the consensus analysts' recommendation for Veeva Systems?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veeva Systems.

What are Wall Street analysts saying about Veeva Systems stock?

Here are some recent quotes from research analysts about Veeva Systems stock:
  • 1. KeyCorp analysts commented, "We are raising our estimates and increasing PT to $190 based on a compelling opportunity for VEEV to double revenue again ($2B+) as it capitalizes on modern cloud software within the core life sciences vertical, as well as beyond." (8/27/2019)
  • 2. According to Zacks Investment Research, "Veeva Systems has outperformed its industry in a year’s time. Solid show by the Subscription business segment buoys optimism. Furthermore, the company continues benefiting from its flagship Vault platform. In fact, Veeva Vault’s customers have increased manifold in recent times. The company’s unique solutions include Veeva Vault, Veeva CRM, Veeva Network and Veeva OpenData. Veeva’s new CRM Sunrise UI and Nitro look promising as well. In Commercial Cloud, Veeva Systems had a number of wins and expansions in all market segments and regions. The company is confident about growth in new markets with products like EDC, Safety, Nitro and Vault. On the flip side, high expenses on the operational side are a concern. Also, intense competition and a saturating life sciences market remain potent threats. Volatility in foreign currency exchange rate is an added concern. " (2/18/2019)

Has Veeva Systems been receiving favorable news coverage?

News articles about VEEV stock have trended somewhat negative on Monday, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Veeva Systems earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Veeva Systems.

Are investors shorting Veeva Systems?

Veeva Systems saw a decrease in short interest in August. As of August 15th, there was short interest totalling 3,453,300 shares, a decrease of 15.1% from the July 15th total of 4,068,900 shares. Based on an average daily trading volume, of 1,530,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.8% of the shares of the company are short sold. View Veeva Systems' Current Options Chain.

Who are some of Veeva Systems' key competitors?

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), Constellation Software (CSU), Intact Financial (IFC), Alibaba Group (BABA), Shopify (SHOP), salesforce.com (CRM), Twilio (TWLO), Paypal (PYPL), Adobe (ADBE) and Netflix (NFLX).

Who are Veeva Systems' key executives?

Veeva Systems' management team includes the folowing people:
  • Mr. Peter P. Gassner, Founder, CEO & Director (Age 54)
  • Mr. Matthew J. Wallach, Co-Founder & Pres (Age 47)
  • Mr. Timothy S. Cabral, Chief Financial Officer (Age 52)
  • Mr. Jonathan W. Faddis, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Ms. Eleni Nitsa Zuppas, Chief Marketing Officer (Age 49)

Who are Veeva Systems' major shareholders?

Veeva Systems' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.23%), BlackRock Inc. (5.96%), BlackRock Inc. (5.96%), Morgan Stanley (4.86%), JPMorgan Chase & Co. (2.52%) and Brown Capital Management LLC (2.37%). Company insiders that own Veeva Systems stock include Alan Mateo, Eleni Nitsa Zuppas, Frederic Lequient, Gordon Ritter, Jonathan Faddis, Matthew J Wallach, Michele O'connor, Paul J Sekhri, Ronald E F Codd, Timothy C Barabe and Timothy S Cabral. View Institutional Ownership Trends for Veeva Systems.

Which institutional investors are selling Veeva Systems stock?

VEEV stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, William Blair Investment Management LLC, Brown Capital Management LLC, Renaissance Technologies LLC, Price T Rowe Associates Inc. MD, Winslow Capital Management LLC, First Trust Advisors LP and Wells Fargo & Company MN. Company insiders that have sold Veeva Systems company stock in the last year include Alan Mateo, Eleni Nitsa Zuppas, Frederic Lequient, Gordon Ritter, Jonathan Faddis, Matthew J Wallach, Michele O'connor, Paul J Sekhri, Timothy C Barabe and Timothy S Cabral. View Insider Buying and Selling for Veeva Systems.

Which institutional investors are buying Veeva Systems stock?

VEEV stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., UBS Asset Management Americas Inc., Nuveen Asset Management LLC, AQR Capital Management LLC, Invesco Ltd., JPMorgan Chase & Co. and Eagle Asset Management Inc.. View Insider Buying and Selling for Veeva Systems.

How do I buy shares of Veeva Systems?

Shares of VEEV 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 Veeva Systems' stock price today?

One share of VEEV stock can currently be purchased for approximately $149.63.

How big of a company is Veeva Systems?

Veeva Systems has a market capitalization of $22.14 billion and generates $862.21 million in revenue each year. The technology company earns $229.83 million in net income (profit) each year or $1.24 on an earnings per share basis. Veeva Systems employs 2,553 workers across the globe.View Additional Information About Veeva Systems.

What is Veeva Systems' official website?

The official website for Veeva Systems is http://www.veeva.com/.

How can I contact Veeva Systems?

Veeva Systems' mailing address is 4280 HACIENDA DRIVE, PLEASANTON CA, 94588. The technology company can be reached via phone at 925-452-6500 or via email at [email protected]


MarketBeat Community Rating for Veeva Systems (NYSE VEEV)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  500 (Vote Outperform)
Underperform Votes:  317 (Vote Underperform)
Total Votes:  817
MarketBeat's community ratings are surveys of what our community members think about Veeva Systems and other stocks. Vote "Outperform" if you believe VEEV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VEEV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel