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

Veeva Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "VEEV."

Veeva Systems Inc (NYSE:VEEV) released its earnings results on Tuesday, November, 26th. The technology company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.19. The technology company earned $280.90 million during the quarter, compared to analysts' expectations of $274.81 million. Veeva Systems had a return on equity of 17.56% and a net margin of 29.86%. The company's revenue was up 25.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.41 EPS. View Veeva Systems' Earnings History.

Veeva Systems is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Veeva Systems.

Veeva Systems updated its fourth quarter earnings guidance on Tuesday, November, 26th. The company provided earnings per share guidance of $0.54-0.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.53. The company issued revenue guidance of $281-286 million, compared to the consensus revenue estimate of $278.59 million.

17 analysts have issued twelve-month target prices for Veeva Systems' shares. Their forecasts range from $150.00 to $200.00. On average, they anticipate Veeva Systems' share price to reach $177.12 in the next year. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets 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.

Media coverage about VEEV stock has been trending somewhat positive on Friday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Veeva Systems earned a daily sentiment score of 0.7 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Veeva Systems.

Some companies that are related to Veeva Systems include Intuit (INTU), VMware (VMW), Uber Technologies (UBER), ServiceNow (NOW), Shopify (SHOP), Activision Blizzard (ATVI), Dassault Systemes (DASTY), Autodesk (ADSK), Electronic Arts (EA), Square (SQ), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS) and NortonLifeLock (NLOK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Veeva Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), salesforce.com (CRM), Walt Disney (DIS), Shopify (SHOP), Twilio (TWLO), Constellation Software (CSU), Intact Financial (IFC) and Adobe (ADBE).

Veeva Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (0.48%), Peregrine Capital Management LLC (0.12%), Chicago Capital LLC (0.12%), Spence Asset Management (0.06%), Gateway Investment Advisers LLC (0.02%) and Nisa Investment Advisors LLC (0.02%). 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, Thomas D Schwenger, Timothy C Barabe and Timothy S Cabral. View Institutional Ownership Trends for Veeva Systems.

VEEV stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., DNB Asset Management AS, Riverbridge Partners LLC, First Hawaiian Bank, Nisa Investment Advisors LLC, Gateway Investment Advisers LLC, Winslow Evans & Crocker Inc. and OLD National Bancorp IN. Company insiders that have sold Veeva Systems company stock in the last year include Alan Mateo, Eleni Nitsa Zuppas, Frederic Lequient, Jonathan Faddis, Matthew J Wallach, Michele O'connor, Paul J Sekhri, Thomas D Schwenger, Timothy C Barabe and Timothy S Cabral. View Insider Buying and Selling for Veeva Systems.

VEEV stock was acquired by a variety of institutional investors in the last quarter, including Spence Asset Management, Chicago Capital LLC, Paragon Advisors LLC, Sciencast Management LP, AE Wealth Management LLC, New England Research & Management Inc., Diversified Trust Co and Cerebellum GP LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of VEEV stock can currently be purchased for approximately $148.00.

Veeva Systems has a market capitalization of $21.99 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.

The official website for Veeva Systems is http://www.veeva.com/.

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]