NYSE:VEEV Veeva Systems - VEEV Stock Forecast, Price & News Adding Choose a watchlist: 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. $178.35 -2.73 (-1.51%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$176.65▼$182.0950-Day Range$158.27▼$191.4252-Week Range$151.02▼$239.67Volume1.36 million shsAverage Volume809,613 shsMarket Capitalization$27.77 billionP/E Ratio72.80Dividend YieldN/APrice Target$208.65 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Veeva Systems MarketRank™ ForecastAnalyst RatingModerate Buy2.61 Rating ScoreUpside/Downside17.0% Upside$208.65 Price TargetShort InterestHealthy1.65% of Shares Sold ShortDividend StrengthN/ASustainability-0.79Upright™ Environmental ScoreNews Sentiment0.62Based on 5 Articles This WeekInsider TradingSelling Shares$53.40 M Sold Last QuarterProj. Earnings Growth7.54%From $2.52 to $2.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.77 out of 5 starsComputer And Technology Sector54th out of 610 stocksPrepackaged Software Industry13th out of 215 stocks 3.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Buy. The company's average rating score is 2.61, and is based on 14 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $208.65, Veeva Systems has a forecasted upside of 17.0% from its current price of $178.35.Amount of Analyst CoverageVeeva Systems has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.65% 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 2.3, 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 2.28%, 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 2.6 News and Social Media Coverage News SentimentVeeva Systems has a news sentiment score of 0.62. 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 higher news sentiment than the 0.44 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Veeva Systems this week, compared to 6 articles on an average week.Search Interest12 people have searched for VEEV on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added Veeva Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -7% 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 $53,401,824.00 in company stock.Percentage Held by Insiders13.23% 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 Institutions78.76% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Veeva Systems are expected to grow by 7.54% in the coming year, from $2.52 to $2.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 72.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 72.80, 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 337.36.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 4.19. 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 9.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Veeva Systems (NYSE:VEEV) StockVeeva Systems, Inc. engages in the provision of industry cloud solutions for the global life sciences industry. Its solutions enable pharmaceutical and other life sciences companies to realize the benefits of modern cloud-based architectures and mobile applications for their most critical business functions, without compromising industry-specific functionality or regulatory compliance. The firm's customer relationship management solutions enable its customers to increase the productivity and compliance of their sales and marketing functions. Its regulated content management and collaboration solutions enable its customers to more efficiently manage regulated, content-centric processes across the enterprise. The company's customer master solution enables customers to more effectively manage complex healthcare provider and healthcare organization data. The company was founded by Mark Armenante, Peter P. Gassner, Doug Ostler, Mitch Wallace and Matthew J. Wallach on January 12, 2007, and is headquartered in Pleasanton, CA.Read More 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 VEEV Stock News HeadlinesFebruary 2, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Raised to "Buy" at StockNews.comJanuary 31, 2023 | finance.yahoo.comVeeva to Release Fiscal 2023 Fourth Quarter and Full Year Results on March 1, 2023February 5, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 30, 2023 | seekingalpha.comVeeva Systems: A Leading Provider Of Cloud-Based Solutions For The Pharmaceutical IndustryJanuary 26, 2023 | finance.yahoo.comVeeva Systems (VEEV) Crossed Above the 50-Day Moving Average: What That Means for InvestorsJanuary 24, 2023 | marketwatch.comClinical Trial Management (CTM) Market 2023 Production, Revenue, Growth Rate, Price and Gross Margin, Opportunities and Forecast 2029January 24, 2023 | markets.businessinsider.comDown 50% from Highs, Veeva Stock (NYSE:VEEV) Looks EnticingJanuary 23, 2023 | msn.comVeeva Systems Stock Is a Healthcare GemFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? 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Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 23, 2023 | marketwatch.comClinical Quality Management Software Market 2023 Industry Outlook, Current Status, Supply-Demand, Growth Opportunities and Top Players Analysis 2029January 18, 2023 | morningstar.com.au11 undervalued defensive US stocksJanuary 18, 2023 | marketwatch.comRisk-based Quality Management Market 2023 : Future Demand, Emerging Trends and Latest Technology, Forecast Research Report 2028January 13, 2023 | marketwatch.comCRM in Pharma and Biotech Software Market Latest Trends, Industry Size and Future Prospects 2029January 12, 2023 | finance.yahoo.comWhy Veeva Systems Stock Flopped While the Market Popped TodayJanuary 12, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Technology Stocks: Accenture (ACN), Veeva Systems (VEEV) and Sprout Social (SPT)January 11, 2023 | finanznachrichten.deVeeva Systems: Global CDMO Adare Pharma Solutions Harmonizing Quality with Veeva Vault Quality SuiteJanuary 11, 2023 | finance.yahoo.comGlobal CDMO Adare Pharma Solutions Harmonizing Quality with Veeva Vault Quality SuiteJanuary 10, 2023 | finanznachrichten.deVeeva Systems: Veeva Statement in Support of Proposed FTC Rule to Ban Non-CompetesJanuary 10, 2023 | finance.yahoo.comVeeva Statement in Support of Proposed FTC Rule to Ban Non-CompetesJanuary 9, 2023 | finance.yahoo.comVeeva to Present at the 41st Annual J.P. Morgan Healthcare ConferenceJanuary 9, 2023 | finance.yahoo.comInvestors in Veeva Systems (NYSE:VEEV) have made a splendid return of 173% over the past five yearsJanuary 5, 2023 | marketwatch.comRisk-based Monitoring Software Market is Taking Hike in Revenue Along With Top Key Players Profile and Forecast 2023 To 2028January 4, 2023 | finance.yahoo.comWhy Did Veeva Systems Stock Fall 15% in December?January 4, 2023 | msn.comBenzinga's Top Ratings Upgrades, Downgrades For January 4, 2023January 4, 2023 | msn.comBarclays upgrades Veeva Systems, cuts Rapid7 as software may split in 2023January 4, 2023 | markets.businessinsider.comNeedham Reaffirms Their Buy Rating on Phreesia (PHR)January 1, 2023 | reuters.comVeeva Systems IncSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 VEEV Company Calendar Last Earnings12/01/2022Today2/05/2023Next Earnings (Confirmed)3/01/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:VEEV CUSIPN/A CIK1393052 Webwww.veeva.com Phone(925) 452-6500Fax925-452-6504Employees5,482Year Founded2007Price Target and Rating Average Stock Price Forecast$208.65 High Stock Price Forecast$240.00 Low Stock Price Forecast$170.00 Forecasted Upside/Downside+17.0%Consensus RatingModerate Buy Rating Score (0-4)2.61 Research Coverage23 Analysts Profitability EPS (Most Recent Fiscal Year)$2.45 Trailing P/E Ratio72.80 Forward P/E Ratio70.77 P/E Growth4.19Net Income$427.39 million Net Margins19.08% Pretax Margin23.74% Return on Equity12.81% Return on Assets10.04% Debt Debt-to-Equity RatioN/A Current Ratio4.91 Quick Ratio4.91 Sales & Book Value Annual Sales$1.85 billion Price / Sales15.00 Cash Flow$3.11 per share Price / Cash Flow57.40 Book Value$18.88 per share Price / Book9.45Miscellaneous Outstanding Shares155,690,000Free Float135,090,000Market Cap$27.77 billion OptionableOptionable Beta0.86 Social Links Key ExecutivesPeter P. GassnerChief Executive Officer & DirectorTom SchwengerPresident & Chief Operating OfficerBrent BowmanChief Financial OfficerCatherine AllshouseGlobal Chief Information Officer & Head-OperationsJacques MourrainVice President-Quality & ComplianceKey CompetitorsDatadogNASDAQ:DDOGCrowdStrikeNASDAQ:CRWDANSYSNASDAQ:ANSSPaycom SoftwareNYSE:PAYCCloudflareNYSE:NETView All CompetitorsInsiders & InstitutionsHancock Whitney CorpSold 124 shares on 2/3/2023Ownership: 0.009%D.A. Davidson & CO.Sold 88 shares on 2/3/2023Ownership: 0.003%Capital Investment Advisory Services LLCBought 100 shares on 2/3/2023Ownership: 0.001%Ellevest Inc.Bought 157 shares on 2/3/2023Ownership: 0.001%Western Pacific Wealth Management LPBought 159 shares on 2/3/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions VEEV Stock - Frequently Asked Questions Should I buy or sell Veeva Systems stock right now? 23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 9 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" VEEV shares. View VEEV analyst ratings or view top-rated stocks. What is Veeva Systems' stock price forecast for 2023? 23 Wall Street research analysts have issued 1 year target prices for Veeva Systems' stock. Their VEEV share price forecasts range from $170.00 to $240.00. On average, they predict the company's stock price to reach $208.65 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts price targets for VEEV or view top-rated stocks among Wall Street analysts. How have VEEV shares performed in 2023? Veeva Systems' stock was trading at $161.38 at the beginning of the year. Since then, VEEV shares have increased by 10.5% and is now trading at $178.35. View the best growth stocks for 2023 here. When is Veeva Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023. View our VEEV earnings forecast. How can I listen to Veeva Systems' earnings call? Veeva Systems will be holding an earnings conference call on Wednesday, March 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Veeva Systems' earnings last quarter? Veeva Systems Inc. (NYSE:VEEV) issued its quarterly earnings data on Thursday, December, 1st. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.03. The technology company had revenue of $552.35 million for the quarter, compared to analysts' expectations of $545.78 million. Veeva Systems had a net margin of 19.08% and a trailing twelve-month return on equity of 12.81%. What guidance has Veeva Systems issued on next quarter's earnings? Veeva Systems updated its FY 2023 earnings guidance on Saturday, December, 31st. The company provided earnings per share guidance of $4.19-$4.19 for the period, compared to the consensus EPS estimate of $4.15. The company issued revenue guidance of $2.14 billion-$2.15 billion, compared to the consensus revenue estimate of $2.14 billion. 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. 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 (CRM), PayPal (PYPL), Shopify (SHOP), Walt Disney (DIS), Adobe (ADBE), Netflix (NFLX), Trade Desk (TTD) and Block (SQ). 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 institutional and retail investors. Top institutional shareholders include New York State Common Retirement Fund (0.37%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Riverbridge Partners LLC (0.23%), Allspring Global Investments Holdings LLC (0.21%), Congress Asset Management Co. MA (0.16%) and ARK Investment Management LLC (0.14%). Insiders that own company stock include Alan Mateo, Brent R Bowman, Eleni Nitsa Zuppas, Frederic Lequient, Jonathan Faddis, Joseph Christopher Hays, Mary Lynne Hedley, Matthew J Wallach, Matthew J Wallach, Michele O'connor, Paul Edward Chamberlain, Paul J Sekhri, Peter P Gassner, Ronald E F Codd, Steven L Fasman, Thomas D Schwenger, Timothy C Barabe and Timothy S Cabral. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Veeva Systems' stock price today? One share of VEEV stock can currently be purchased for approximately $178.35. How much money does Veeva Systems make? Veeva Systems (NYSE:VEEV) has a market capitalization of $27.77 billion and generates $1.85 billion in revenue each year. The technology company earns $427.39 million in net income (profit) each year or $2.45 on an earnings per share basis. How many employees does Veeva Systems have? The company employs 5,482 workers across the globe. How can I contact Veeva Systems? Veeva Systems' mailing address is 4280 HACIENDA DRIVE, PLEASANTON CA, 94588. The official website for the company is www.veeva.com. The technology company can be reached via phone at (925) 452-6500, via email at ir@veeva.com, or via fax at 925-452-6504. This page (NYSE:VEEV) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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