NYSE:VEEV Veeva Systems Stock Forecast, Price & 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 $265.90 +2.70 (+1.03 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$261.17Now: $265.90▼$270.9950-Day Range$252.78MA: $267.23▼$297.0752-Week Range$118.11Now: $265.90▼$298.76Volume1.32 million shsAverage Volume1.29 million shsMarket Capitalization$39.69 billionP/E Ratio129.08Dividend YieldN/ABeta0.95 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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 2.67, and is based on 14 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $275.09, Veeva Systems has a forecasted upside of 3.5% from its current price of $265.90.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. Previous Next 3.0 Community Rank Outperform VotesVeeva Systems has received 586 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVeeva Systems has received 376 “underperform” votes. (Add your “underperform” vote.)Community SentimentVeeva Systems has received 60.91% “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 $11,856,154.00 in company stock.Percentage Held by InsidersOnly 13.17% of the stock of Veeva Systems is held by insiders.Percentage Held by Institutions79.56% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Veeva Systems are expected to grow by 15.38% in the coming year, from $1.82 to $2.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 129.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 129.08, 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 62.30.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 9.53. 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 23.80. 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: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.39 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 Ratio0.02 Current Ratio3.56 Quick Ratio3.56Price-To-Earnings Trailing P/E Ratio129.08 Forward P/E Ratio146.10 P/E Growth9.53 Sales & Book Value Annual Sales$1.10 billion Price / Sales35.95 Cash Flow$1.98 per share Price / Cash Flow134.18 Book Value$11.17 per share Price / Book23.80Profitability EPS (Most Recent Fiscal Year)$1.62 Net Income$301.12 million Net Margins25.60% Return on Equity15.77% Return on Assets12.11%Miscellaneous Employees3,501 Outstanding Shares149,255,000Market Cap$39.69 billion Next Earnings Date11/24/2020 (Estimated) OptionableOptionable $265.90 +2.70 (+1.03 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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? 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 shares have increased by 84.2% and is now trading at $265.90. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Veeva Systems? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 7 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, November 24th 2020. View our earnings forecast for Veeva Systems. How were Veeva Systems' earnings last quarter? Veeva Systems Inc (NYSE:VEEV) posted its quarterly earnings data on Thursday, August, 27th. The technology company reported $0.72 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.64 by $0.08. The technology company had revenue of $353.68 million for the quarter, compared to the consensus estimate of $340 million. Veeva Systems had a net margin of 25.60% and a return on equity of 15.77%. Veeva Systems's revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.55 EPS. 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, August, 27th. The company provided earnings per share guidance of $2.64-2.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.44. The company issued revenue guidance of $1.415-1.420 billion, compared to the consensus revenue estimate of $1.27 billion. What price target have analysts set for VEEV? 21 equities research analysts have issued twelve-month price objectives for Veeva Systems' shares. Their forecasts range from $150.00 to $325.00. On average, they anticipate Veeva Systems' share price to reach $275.09 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for Veeva Systems. Who are some of Veeva Systems' key competitors? Some companies that are related to Veeva Systems include Shopify (SHOP), ServiceNow (NOW), Intuit (INTU), Square (SQ), Activision Blizzard (ATVI), VMware (VMW), Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Docusign (DOCU), Twilio (TWLO), Synopsys (SNPS), Crowdstrike (CRWD), Splunk (SPLK) 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), salesforce.com (CRM), Paypal (PYPL), 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.64%), BlackRock Inc. (5.43%), FMR LLC (3.29%), Blair William & Co. IL (1.32%), Federated Hermes Inc. (1.02%) and First Trust Advisors LP (1.00%). 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, 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 Winslow Capital Management LLC, Victory Capital Management Inc., Riverbridge Partners LLC, Sei Investments Co., Vanguard Group Inc., Thrivent Financial for Lutherans, William Blair Investment Management LLC, and Bank of Montreal Can. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Discovery Value Fund, FMR LLC, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., Frontier Capital Management Co. LLC, Sumitomo Mitsui Trust Holdings Inc., and First Trust Advisors LP. 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 $265.90. How big of a company is Veeva Systems? Veeva Systems has a market capitalization of $39.69 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 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
