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

$168.93
-2.22 (-1.30 %)
(As of 06/24/2019 06:00 AM ET)
Today's Range
$167.85
Now: $168.93
$171.20
50-Day Range
$136.22
MA: $150.79
$171.18
52-Week Range
$73.47
Now: $168.93
$173.65
Volume1.83 million shs
Average Volume1.85 million shs
Market Capitalization$24.88 billion
P/E Ratio136.23
Dividend YieldN/A
Beta1.51
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. Read More…

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$1.5309 per share
Book Value$9.07 per share

Profitability

Net Income$229.83 million

Miscellaneous

Employees2,553
Market Cap$24.88 billion
Next Earnings Date8/22/2019 (Estimated)
OptionableOptionable

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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 quarterly earnings data 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 had revenue of $244.75 million for the quarter, compared to analyst estimates of $238.69 million. Veeva Systems had a return on equity of 17.61% and a net margin of 28.41%. Veeva Systems's revenue for the quarter was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 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 Thursday, August 22nd 2019. View Earnings Estimates for Veeva Systems.

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

Veeva Systems updated its FY20 earnings guidance on Wednesday, May, 29th. The company provided earnings per share 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.Veeva Systems also updated its FY 2020 guidance to $2.01-2.03 EPS.

What price target have analysts set for VEEV?

17 brokerages have issued 12 month price objectives for Veeva Systems' stock. Their predictions range from $100.00 to $192.00. On average, they expect Veeva Systems' stock price to reach $148.3125 in the next year. This suggests that the stock has a possible downside of 12.2%. View Analyst Price Targets for Veeva Systems.

What is the consensus analysts' recommendation for Veeva Systems?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 6 hold ratings and 11 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?

Media headlines about VEEV stock have trended somewhat positive this week, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Veeva Systems earned a daily sentiment score of 1.6 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Veeva Systems.

Are investors shorting Veeva Systems?

Veeva Systems saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 5,271,300 shares, an increase of 6.8% from the April 15th total of 4,937,600 shares. Based on an average trading volume of 1,190,000 shares, the short-interest ratio is presently 4.4 days. Currently, 4.2% of the shares of the company are sold short. View Veeva Systems' Current Options Chain.

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), Intact Financial (IFC), Constellation Software (CSU), Alibaba Group (BABA), Paypal (PYPL), Twilio (TWLO), salesforce.com (CRM), Netflix (NFLX), Shopify (SHOP) and Adobe (ADBE).

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.15%), FMR LLC (4.26%), Artisan Partners Limited Partnership (4.13%), JPMorgan Chase & Co. (2.20%), Federated Investors Inc. PA (2.09%) and William Blair Investment Management LLC (1.53%). 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 JPMorgan Chase & Co., Federated Investors Inc. PA, Artisan Partners Limited Partnership, First Trust Advisors LP, Wells Fargo & Company MN, William Blair Investment Management LLC, New York State Common Retirement Fund and Amundi Pioneer Asset Management Inc.. 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 major investors are buying Veeva Systems stock?

VEEV stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Victory Capital Management Inc., Robeco Institutional Asset Management B.V., Acadian Asset Management LLC, OppenheimerFunds Inc., GWM Advisors LLC and DE Burlo Group 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 $168.93.

How big of a company is Veeva Systems?

Veeva Systems has a market capitalization of $24.88 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?

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:  474 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  776
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 6/24/2019 by MarketBeat.com Staff

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