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.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone925-452-6500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$862.21 million
Profitability
Miscellaneous
Employees2,553
Next Earnings Date8/27/2019 (Confirmed)
OptionableOptionable
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) posted its quarterly earnings results on Wednesday, May, 29th. The technology company reported $0.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.08. The technology company earned $244.75 million during the quarter, compared to the consensus estimate of $238.69 million. Veeva Systems had a return on equity of 17.61% and a net margin of 28.41%. The firm's revenue for the quarter was up 25.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 earnings per share. View Veeva Systems' Earnings History.
When is Veeva Systems' next earnings date?
How can I listen to Veeva Systems' earnings call?
Veeva Systems will be holding an earnings conference call on Tuesday, August 27th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332355654.
What guidance has Veeva Systems issued on next quarter's earnings?
Veeva Systems issued an update on its FY20 earnings guidance on Wednesday, May, 29th. The company provided EPS guidance of $2.01-2.03 for the period, compared to the Thomson Reuters consensus estimate of $1.92. The company issued revenue guidance of $1.045-1.050 billion, compared to the consensus revenue estimate of $1.03 billion.
What price target have analysts set for VEEV?
16 brokers have issued 1 year price targets for Veeva Systems' shares. Their forecasts range from $120.00 to $192.00. On average, they expect Veeva Systems' share price to reach $151.5333 in the next year. This suggests that the stock has a possible downside of 5.5%. View Analyst Price Targets for Veeva Systems.
What is the consensus analysts' recommendation for Veeva Systems?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 6 hold ratings and 10 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. 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)
- 2. KeyCorp analysts commented, "We were particularly encouraged by the first seven-figure customer outside of life sciences, an early proof point for this untapped QualityOne opportunity. We also have an increasingly positive bias on Nitro as a future growth lever and foundational AI layer. We are raising our growth and profitability estimate and increasing our price target to $99 from $84, rolling forward to 35x CY2020 EV/FCF." (8/23/2018)
Has Veeva Systems been receiving favorable news coverage?
Headlines about VEEV stock have been trending negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Veeva Systems earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Veeva Systems.
Are investors shorting Veeva Systems?
Veeva Systems saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 3,453,300 shares, a decrease of 15.1% from the June 30th total of 4,068,900 shares. Based on an average trading volume of 1,530,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.8% of the company's stock are short sold. View Veeva Systems' Current Options Chain.
Who are some of Veeva Systems' key competitors?
Some companies that are related to Veeva Systems include Intuit (INTU), VMware (VMW), Uber Technologies (UBER), ServiceNow (NOW), Shopify (SHOP), Dassault Systemes (DASTY), Activision Blizzard (ATVI), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Cadence Design Systems (CDNS), Synopsys (SNPS), CA (CA), Splunk (SPLK) and Crowdstrike (CRWD).
What other stocks do shareholders of Veeva Systems own?
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 a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.23%), BlackRock Inc. (5.96%), Morgan Stanley (4.86%), JPMorgan Chase & Co. (2.52%), Brown Capital Management LLC (2.37%) and AQR Capital Management LLC (1.33%). 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 major 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 major investors are buying Veeva Systems stock?
VEEV stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., UBS Asset Management Americas Inc., Nuveen Asset Management LLC, AQR Capital Management LLC, Invesco Ltd., JPMorgan Chase & Co., Eagle Asset Management Inc. and Natixis. 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, Scottrade, Fidelity and Charles Schwab.
What is Veeva Systems' stock price today?
One share of VEEV stock can currently be purchased for approximately $160.34.
How big of a company is Veeva Systems?
Veeva Systems has a market capitalization of $23.61 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?
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)
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.
