NYSE:VEEV - Veeva Systems Stock Price, News, & Analysis

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$139.39 -1.55 (-1.10 %)
(As of 05/26/2019 07:29 AM ET)
Previous Close$139.39
Today's Range$138.42 - $142.02
52-Week Range$73.47 - $145.70
Volume1.41 million shs
Average Volume1.23 million shs
Market Capitalization$20.41 billion
P/E Ratio112.41
Dividend YieldN/A
Beta1.71
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.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone925-452-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$862.21 million
Cash Flow$1.4910 per share
Book Value$8.47 per share

Profitability

Net Income$229.83 million

Miscellaneous

Employees2,553
Market Cap$20.41 billion
Next Earnings Date5/29/2019 (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) released its earnings results on Tuesday, February, 26th. The technology company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.04. The technology company earned $232.32 million during the quarter, compared to the consensus estimate of $227.15 million. Veeva Systems had a net margin of 26.66% and a return on equity of 16.91%. The firm's revenue for the quarter was up 24.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.23 earnings per share. View Veeva Systems' Earnings History.

When is Veeva Systems' next earnings date?

Veeva Systems is scheduled to release their next quarterly earnings announcement on Wednesday, May 29th 2019. View Earnings Estimates for Veeva Systems.

How can I listen to Veeva Systems' earnings call?

Veeva Systems will be holding an earnings conference call on Wednesday, May 29th 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 Tuesday, February, 26th. The company provided earnings per share guidance of $1.91 to $1.94 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.78. The company issued revenue guidance of $1.025 billion to $1.030 billion, compared to the consensus revenue estimate of $1.02 billion.Veeva Systems also updated its FY 2019 guidance to $1.91-1.94 EPS.

What price target have analysts set for VEEV?

16 Wall Street analysts have issued 12 month price targets for Veeva Systems' shares. Their forecasts range from $95.00 to $160.00. On average, they anticipate Veeva Systems' stock price to reach $126.6667 in the next twelve months. This suggests that the stock has a possible downside of 9.1%. 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?

News articles about VEEV stock have been trending negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Veeva Systems earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the next few days.

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 Intact Financial (IFC), Constellation Software (CSU), NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), Netflix (NFLX), salesforce.com (CRM), Palo Alto Networks (PANW), Shopify (SHOP) and Twilio (TWLO).

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 many different of institutional and retail investors. Top institutional shareholders include Morgan Stanley (7.65%), BlackRock Inc. (5.15%), FMR LLC (4.28%), Artisan Partners Limited Partnership (4.13%), Wellington Management Group LLP (2.52%) and JPMorgan Chase & Co. (2.20%). 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 institutional investors are selling Veeva Systems stock?

VEEV stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Wellington Management Group LLP, JPMorgan Chase & Co., Federated Investors Inc. PA, Artisan Partners Limited Partnership, First Trust Advisors LP, Wells Fargo & Company MN and William Blair Investment Management LLC. 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, Ronald E F Codd, Timothy C Barabe and Timothy S Cabral. View Insider Buying and Selling for Veeva Systems.

Which institutional investors are buying Veeva Systems stock?

VEEV stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, BlackRock Inc., FMR LLC, Macquarie Group Ltd., Geode Capital Management LLC, Victory Capital Management Inc., Renaissance Technologies LLC and SEI Investments Co. 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 $139.39.

How big of a company is Veeva Systems?

Veeva Systems has a market capitalization of $20.41 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.

What is Veeva Systems' official website?

The official website for Veeva Systems is http://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]


MarketBeat Community Rating for Veeva Systems (NYSE VEEV)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  462 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  756
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.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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