NYSE:VEEVVeeva Systems Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $213.69 -5.27 (-2.41 %) (As of 06/2/2020 12:39 PM ET) Add Compare Share Today's Range$213.34Now: $213.69▼$220.0750-Day Range$162.11MA: $190.93▼$218.8752-Week Range$118.11Now: $213.69▼$220.91Volume35,827 shsAverage Volume1.18 million shsMarket Capitalization$31.90 billionP/E Ratio107.92Dividend YieldN/ABeta0.94 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. It also provides professional and support services in the areas of 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; technical consulting services related to data migration and systems integrations; training on its solutions; and ongoing managed services that include 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 founded in 2007 and is headquartered in Pleasanton, California.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 14 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $193.48, Veeva Systems has a potential downside of 9.5% from its current price of $213.69.Amount of Analyst CoverageVeeva Systems has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Community Rank Outperform VotesVeeva Systems has received 569 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVeeva Systems has received 368 “underperform” votes. (Add your “underperform” vote.)Community SentimentVeeva Systems has received 60.73% “outperform” votes from our community.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. 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 1.0 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 $4,224,463.00 in company stock.Percentage Held by InsidersOnly 13.17% of the stock of Veeva Systems is held by insiders.Percentage Held by Institutions80.46% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Veeva Systems are expected to grow by 23.12% in the coming year, from $1.73 to $2.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 107.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 107.92, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.67.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 7.55. 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 19.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:VEEV Previous Symbol CUSIPN/A CIK1393052 Webwww.veeva.com Phone925-452-6500Debt Debt-to-Equity Ratio0.03 Current Ratio2.78 Quick Ratio2.78Price-To-Earnings Trailing P/E Ratio107.92 Forward P/E Ratio123.52 P/E Growth7.55 Sales & Book Value Annual Sales$1.10 billion Price / Sales28.89 Cash Flow$1.92 per share Price / Cash Flow111.02 Book Value$11.17 per share Price / Book19.13Profitability EPS (Most Recent Fiscal Year)$1.62 Net Income$301.12 million Net Margins26.26% Return on Equity16.92% Return on Assets13.10%Miscellaneous Employees3,501 Outstanding Shares149,260,000Market Cap$31.90 billion Next Earnings Date8/25/2020 (Estimated) OptionableOptionable VEEV Rates by TradingView 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 How has Veeva Systems' stock been impacted by COVID-19 (Coronavirus)? Veeva Systems' stock was trading at $144.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VEEV stock has increased by 48.0% and is now trading at $213.69. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Veeva Systems? 22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 8 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Veeva Systems. When is Veeva Systems' next earnings date? Veeva Systems is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Veeva Systems. How were Veeva Systems' earnings last quarter? Veeva Systems Inc (NYSE:VEEV) posted its earnings results on Thursday, May, 28th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.07. The technology company earned $337.11 million during the quarter, compared to the consensus estimate of $291.10 million. Veeva Systems had a return on equity of 16.92% and a net margin of 26.26%. Veeva Systems's revenue for the quarter was up 37.7% compared to the same quarter last year. During the same period last year, the business posted $0.50 earnings per share. View Veeva Systems' earnings history. What guidance has Veeva Systems issued on next quarter's earnings? Veeva Systems issued an update on its FY21 earnings guidance on Thursday, May, 28th. The company provided EPS guidance of $2.50-2.55 for the period, compared to the Thomson Reuters consensus estimate of $2.44. The company issued revenue guidance of $1.380-1.395 billion, compared to the consensus revenue estimate of $1.27 billion. What price target have analysts set for VEEV? 22 brokerages have issued 1 year price targets for Veeva Systems' shares. Their forecasts range from $150.00 to $235.00. On average, they expect Veeva Systems' share price to reach $193.48 in the next twelve months. This suggests that the stock has a possible downside of 9.5%. View analysts' price targets for Veeva Systems. Has Veeva Systems been receiving favorable news coverage? Media stories about VEEV stock have been trending very positive on Tuesday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Veeva Systems earned a news sentiment score of 3.5 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutVeeva Systems. Who are some of Veeva Systems' key competitors? Some companies that are related to Veeva Systems include Shopify (SHOP), Intuit (INTU), ServiceNow (NOW), VMware (VMW), Uber Technologies (UBER), Activision Blizzard (ATVI), Autodesk (ADSK), Dassault Systemes (DASTY), Square (SQ), Electronic Arts (EA), Splunk (SPLK), Twilio (TWLO), Synopsys (SNPS), Docusign (DOCU) and Cadence Design Systems (CDNS). View all 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), Alibaba Group (BABA), Paypal (PYPL), salesforce.com (CRM), Shopify (SHOP), Walt Disney (DIS), Adobe (ADBE), Netflix (NFLX), Trade Desk (TTD) and Visa (V). Who are Veeva Systems' key executives? Veeva Systems' management team includes the following 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) 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 retail and institutional investors. Top institutional investors include Morgan Stanley (9.40%), Morgan Stanley (9.40%), BlackRock Inc. (4.62%), Brown Capital Management LLC (2.10%), State Street Corp (1.91%) and Franklin Resources Inc. (1.68%). 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, Thomas D Schwenger, Timothy C Barabe and Timothy S Cabral. View institutional ownership trends for Veeva Systems. Which major investors are selling Veeva Systems stock? VEEV stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Two Sigma Advisers LP, JPMorgan Chase & Co., APG Asset Management N.V., First Trust Advisors LP, APG Asset Management N.V., APG Asset Management N.V., and Brown Capital Management LLC. Company insiders that have sold Veeva Systems company stock in the last year include Alan Mateo, Eleni Nitsa Zuppas, Frederic Lequient, Jonathan Faddis, Michele O'connor, Paul J Sekhri, Thomas D Schwenger, Timothy C Barabe, and Timothy S Cabral. View insider buying and selling activity for Veeva Systems. Which major investors are buying Veeva Systems stock? VEEV stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Alliancebernstein L.P., Wellington Management Group LLP, Rheos Capital Works Inc., 1832 Asset Management L.P., 1832 Asset Management L.P., and Thrivent Financial for Lutherans. View insider buying and selling activity 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 $213.69. How big of a company is Veeva Systems? Veeva Systems has a market capitalization of $31.90 billion and generates $1.10 billion in revenue each year. The technology company earns $301.12 million in net income (profit) each year or $1.62 on an earnings per share basis. Veeva Systems employs 3,501 workers across the globe. What is Veeva Systems' official website? The official website for Veeva Systems is 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] This page was last updated on 6/2/2020 by MarketBeat.com Staff
