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

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$137.11 +0.46 (+0.34 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$136.65
Today's Range$135.24 - $138.88
52-Week Range$69.13 - $138.88
Volume686,982 shs
Average Volume1.30 million shs
Market Capitalization$20.08 billion
P/E Ratio110.57
Dividend YieldN/A
Beta1.72
Veeva Systems, Inc. engages in the provision of industry-specific, cloud-based software solutions for the 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 a 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.

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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$1.5371 per share
Book Value$8.47 per share

Profitability

Net Income$229.83 million

Miscellaneous

Employees2,553
Market Cap$20.08 billion
Next Earnings Date5/23/2019 (Estimated)
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) posted its quarterly earnings results on Tuesday, February, 26th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.04. The technology company earned $232.32 million during the quarter, compared to analyst estimates of $227.15 million. Veeva Systems had a net margin of 26.66% and a return on equity of 16.91%. The company's revenue was up 24.9% on a year-over-year basis. During the same period in the prior year, the business posted $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 Thursday, May 23rd 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 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?

17 equities research analysts have issued 12-month price targets for Veeva Systems' shares. Their predictions range from $70.00 to $160.00. On average, they anticipate Veeva Systems' stock price to reach $119.3125 in the next year. This suggests that the stock has a possible downside of 13.0%. 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?

Press coverage about VEEV stock has trended somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. 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 media sentiment score of 1.5 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several 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), Palo Alto Networks (PANW), salesforce.com (CRM), Shopify (SHOP) and Micron Technology (MU).

Who are Veeva Systems' key executives?

Veeva Systems' management team includes the folowing people:
  • Peter P. Gassner, Chief Executive Officer & Director
  • Matthew J. Wallach, President
  • Mitch Wallace, Vice President-Operations
  • Timothy Stephen Cabral, Chief Financial Officer
  • Doug Ostler, Vice President-CRM Products & Technology

Who are Veeva Systems' major shareholders?

Veeva Systems' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (0.62%), Chicago Capital LLC (0.17%), Peregrine Capital Management LLC (0.15%), Jag Capital Management LLC (0.10%), Los Angeles Capital Management & Equity Research Inc. (0.08%) and Oppenheimer Asset Management Inc. (0.08%). 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 Riverbridge Partners LLC, Chicago Capital LLC, Exchange Capital Management Inc., Gateway Investment Advisers LLC, Foundry Partners LLC, BKS Advisors LLC, EFG Asset Management Americas Corp. and Landsberg Bennett & Dubbaneh 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 bought by a variety of institutional investors in the last quarter, including Hamilton Lane Advisors LLC, Los Angeles Capital Management & Equity Research Inc., Scout Investments Inc., Mercer Global Advisors Inc. ADV, Brand Asset Management Group Inc., Virginia Retirement Systems ET AL, Pennsylvania Trust Co and BNP Paribas Arbitrage SA. 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 $137.11.

How big of a company is Veeva Systems?

Veeva Systems has a market capitalization of $20.08 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:  457 (Vote Outperform)
Underperform Votes:  289 (Vote Underperform)
Total Votes:  746
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 4/25/2019 by MarketBeat.com Staff

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