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 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:VEEV
CUSIPN/A
Phone925-452-6500
Debt
Debt-to-Equity RatioN/A
Current Ratio3.38
Quick Ratio3.38
Price-To-Earnings
Trailing P/E Ratio92.09
Forward P/E Ratio83.06
P/E Growth4.62
Sales & Book Value
Annual Sales$685.57 million
Price / Sales17.73
Cash Flow$1.1314 per share
Price / Cash74.88
Book Value$6.17 per share
Price / Book13.73
Profitability
EPS (Most Recent Fiscal Year)$0.92
Net Income$141.96 million
Net Margins20.78%
Return on Equity12.47%
Return on Assets9.31%
Miscellaneous
Employees2,171
Outstanding Shares143,440,000
Market Cap$11.98 billion
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 earnings results on Thursday, May, 24th. The technology company reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.02. The technology company earned $195.55 million during the quarter, compared to analysts' expectations of $188.92 million. Veeva Systems had a return on equity of 12.47% and a net margin of 20.78%. The firm's revenue was up 22.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.24 earnings per share. View Veeva Systems' Earnings History.
When is Veeva Systems' next earnings date?
What guidance has Veeva Systems issued on next quarter's earnings?
Veeva Systems issued an update on its FY19 earnings guidance on Thursday, May, 24th. The company provided earnings per share guidance of $1.36-1.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.32. The company issued revenue guidance of $826-830 million, compared to the consensus revenue estimate of $818.77 million.Veeva Systems also updated its Q2 guidance to $0.33-0.34 EPS.
What price target have analysts set for VEEV?
13 equities research analysts have issued 1-year price targets for Veeva Systems' shares. Their predictions range from $70.00 to $100.00. On average, they expect Veeva Systems' stock price to reach $82.9091 in the next year. This suggests that the stock has a possible downside of 2.1%. View Analyst Price Targets for Veeva Systems.
What is the consensus analysts' recommendation for Veeva Systems?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veeva Systems.
Who are some of Veeva Systems' key competitors?
Some companies that are related to Veeva Systems include Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), ANSYS (ANSS), Mobileye (MBBYF), Synopsys (SNPS) and SS&C Technologies (SSNC).
Who are Veeva Systems' key executives?
Veeva Systems' management team includes the folowing people:
- Mr. Peter P. Gassner, CEO & Director (Age 53)
- Mr. Matthew J. Wallach, Co-Founder & Pres (Age 46)
- Mr. Timothy S. Cabral, Chief Financial Officer (Age 51)
- Mr. Jonathan W. Faddis, Sr. VP, Gen. Counsel & Corp. Sec. (Age 46)
- Ms. Eleni Nitsa Zuppas, Chief Marketing Officer (Age 48)
Has Veeva Systems been receiving favorable news coverage?
News headlines about VEEV stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Veeva Systems earned a media and rumor sentiment score of 0.06 on Accern's scale. They also assigned news articles about the technology company an impact score of 47.51 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Veeva Systems.
Who are Veeva Systems' major shareholders?
Veeva Systems' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (9.15%), BlackRock Inc. (4.53%), Artisan Partners Limited Partnership (3.59%), Federated Investors Inc. PA (2.80%), FMR LLC (2.28%) and First Trust Advisors LP (1.78%). Company insiders that own Veeva Systems stock include Alan Mateo, Eleni Nitsa Zuppas, Frederic Lequient, Gordon Ritter, Jonathan Faddis, Matthew J Wallach, 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 Riverbridge Partners LLC, Nomura Holdings Inc., Artisan Partners Limited Partnership, Millennium Management LLC, Engineers Gate Manager LP, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Bank of New York Mellon Corp and Janus Henderson Group PLC. 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, Paul J Sekhri, Ronald E F Codd, 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 Winslow Capital Management LLC, FMR LLC, Morgan Stanley, First Trust Advisors LP, United Services Automobile Association, BlackRock Inc., Bank of America Corp DE and Fred Alger Management Inc.. 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 $84.72.
How big of a company is Veeva Systems?
Veeva Systems has a market capitalization of $11.98 billion and generates $685.57 million in revenue each year. The technology company earns $141.96 million in net income (profit) each year or $0.92 on an earnings per share basis. Veeva Systems employs 2,171 workers across the globe.
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.
