NYSE:VEEV

Veeva Systems Stock Forecast, Price & News

$264.23
+0.85 (+0.32 %)
(As of 04/9/2021 12:00 AM ET)
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Today's Range
$259.53
Now: $264.23
$264.24
50-Day Range
$241.17
MA: $267.84
$313.82
52-Week Range
$157.37
Now: $264.23
$325.54
Volume11,145 shs
Average Volume994,558 shs
Market Capitalization$40.02 billion
P/E Ratio123.47
Dividend YieldN/A
Beta0.84
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, commercial data warehouse, allocation and alignment applications, master data management application, and data and services; 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. Veeva Systems has collaboration with RedHill Biopharma Ltd. to enhance value of Opaganib Phase 2/3 COVID-19 clinical data. 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.
Veeva Systems logo

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
CUSIPN/A
Phone925-452-6500
Employees3,501
Year Founded2007

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.10 billion
Cash Flow$1.85 per share
Book Value$11.17 per share

Profitability

Net Income$301.12 million

Miscellaneous

Market Cap$40.02 billion
Next Earnings Date5/27/2021 (Estimated)
OptionableOptionable

Headlines

Veeva Systems Inc. (NYSE:VEEV) CFO Sells $45,482.58 in Stock
April 5, 2021 |  americanbankingnews.com
Veeva Systems Inc. (NYSE:VEEV) CMO Sells $93,624.96 in Stock
April 5, 2021 |  americanbankingnews.com
Veeva Systems (NYSE:VEEV) Raised to Neutral at UBS Group
March 31, 2021 |  americanbankingnews.com
Veeva Systems' (VEEV) Buy Rating Reaffirmed at Raymond James
March 31, 2021 |  americanbankingnews.com
Veeva Systems Stock Is Believed To Be Fairly Valued
March 27, 2021 |  ca.finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.87 out of 5 stars

Computer And Technology Sector

121st out of 1,544 stocks

Prepackaged Software Industry

24th out of 283 stocks

Analyst Opinion: 3.3Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$264.23
+0.85 (+0.32 %)
(As of 04/9/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Veeva Systems (NYSE:VEEV) Frequently Asked Questions

Is Veeva Systems a buy right now?

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Veeva Systems stock.
View analyst ratings for Veeva Systems
or view top-rated stocks.

What stocks does MarketBeat like better than Veeva Systems?

Wall Street analysts have given Veeva Systems a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Veeva Systems wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Veeva Systems' next earnings date?

Veeva Systems is scheduled to release its next quarterly earnings announcement on Thursday, May 27th 2021.
View our earnings forecast for Veeva Systems
.

How were Veeva Systems' earnings last quarter?

Veeva Systems Inc. (NYSE:VEEV) announced its earnings results on Monday, March, 1st. The technology company reported $0.78 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.68 by $0.10. The technology company had revenue of $396.80 million for the quarter, compared to the consensus estimate of $380.20 million. Veeva Systems had a net margin of 24.88% and a trailing twelve-month return on equity of 15.73%. Veeva Systems's quarterly revenue was up 27.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.54 EPS.
View Veeva Systems' earnings history
.

How has Veeva Systems' stock price been impacted by COVID-19 (Coronavirus)?

Veeva Systems' stock was trading at $144.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VEEV shares have increased by 83.0% and is now trading at $264.23.
View which stocks have been most impacted by COVID-19
.

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

Veeva Systems issued an update on its FY22 earnings guidance on Tuesday, March, 2nd. The company provided earnings per share guidance of $3.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.12. The company issued revenue guidance of $1.755-$1.765 billion, compared to the consensus revenue estimate of $1.72 billion.

What price target have analysts set for VEEV?

21 Wall Street analysts have issued 12 month price objectives for Veeva Systems' shares. Their forecasts range from $208.00 to $355.00. On average, they anticipate Veeva Systems' share price to reach $299.87 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price.
View analysts' price targets for Veeva Systems
or view top-rated stocks among Wall Street analysts.

Who are Veeva Systems' key executives?

Veeva Systems' management team includes the following people:
  • Mr. Peter P. Gassner, Founder & CEO (Age 56, Pay $325k) (LinkedIn Profile)
  • Mr. Thomas D. Schwenger, Pres & COO (Age 53, Pay $303.13k)
  • Ms. Eleni Nitsa Zuppas, Chief Marketing Officer (Age 51, Pay $325k) (LinkedIn Profile)
  • Mr. Alan V. Mateo, Exec. VP of Global Sales (Age 59, Pay $325k) (LinkedIn Profile)
  • Mr. Brent R. Bowman, Chief Financial Officer (Age 55) (LinkedIn Profile)
  • Ms. Michele O'Connor, Chief Accounting Officer (Age 44)
  • Ms. Catherine Allshouse, Global Chief Information Officer & Head of Operations
  • Mr. Ato Garrett, Sr. Director of Investor Relations
  • Mr. Jonathan W. Faddis, Sr. VP, Gen. Counsel & Corp. Sec. (Age 49)
  • Mr. Jacques Mourrain Ph.D., VP of Quality & Compliance

What is Peter Gassner's approval rating as Veeva Systems' CEO?

202 employees have rated Veeva Systems CEO Peter Gassner on Glassdoor.com. Peter Gassner has an approval rating of 82% among Veeva Systems' employees.

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), Alibaba Group (BABA), salesforce.com (CRM), PayPal (PYPL), Shopify (SHOP), The Walt Disney (DIS), Adobe (ADBE), Netflix (NFLX), The Trade Desk (TTD) and Square (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 retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.04%), Spence Asset Management (0.04%), Capital Investment Services of America Inc. (0.01%), State of Alaska Department of Revenue (0.01%), EFG Asset Management Americas Corp. (0.01%) and Hexavest Inc. (0.01%). Company insiders that own Veeva Systems stock include Alan Mateo, Brent R Bowman, Eleni Nitsa Zuppas, Frederic Lequient, Jonathan Faddis, Mary Lynne Hedley, Matthew J Wallach, Michele O'connor, Paul Edward Chamberlain, 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 Scout Investments Inc., Neville Rodie & Shaw Inc., Hexavest Inc., State of Alaska Department of Revenue, Fulcrum Equity Management, and First Hawaiian Bank. Company insiders that have sold Veeva Systems company stock in the last year include Alan Mateo, Brent R Bowman, Eleni Nitsa Zuppas, Frederic Lequient, Jonathan Faddis, Mary Lynne Hedley, Michele O'connor, Paul Edward Chamberlain, Ronald E F Codd, Thomas D Schwenger, Timothy C Barabe, and Timothy S Cabral.
View insider buying and selling activity for Veeva Systems
or view top insider-selling stocks.

Which major investors are buying Veeva Systems stock?

VEEV stock was purchased by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc., Spence Asset Management, TrimTabs Asset Management LLC, and EFG Asset Management Americas Corp..
View insider buying and selling activity for Veeva Systems
or or view top insider-buying stocks.

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 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 $264.23.

How much money does Veeva Systems make?

Veeva Systems has a market capitalization of $40.02 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.

How many employees does Veeva Systems have?

Veeva Systems employs 3,501 workers across the globe.

When was Veeva Systems founded?

Veeva Systems was founded in 2007.

What is Veeva Systems' official website?

The official website for Veeva Systems is www.veeva.com.

Where are Veeva Systems' headquarters?

Veeva Systems is headquartered at 4280 HACIENDA DRIVE, PLEASANTON CA, 94588.

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 4/12/2021 by MarketBeat.com Staff
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