Veeva Systems Company Profile (NYSE:VEEV)

About Veeva Systems (NYSE:VEEV)

Veeva Systems logoVeeva Systems Inc. (Veeva) is a provider of cloud-based software solutions for the global life sciences industry. The Company offers solutions for a range of requirements within life sciences companies, including multichannel customer relationship management, regulated content and information management, master data management and customer data. The Company offers solutions to areas, including the Veeva CRM family of applications for multichannel customer relationship management to enable coordinated and personalized customer engagement through multiple touch points; Veeva Vault for regulated content management and information management solutions to enable the management of content-centric processes; the Veeva Network master data management solutions for the management of customer master and product master data, and Veeva's data and data services offerings, including Veeva OpenData for customer reference data and Veeva KOL Data for data.

Industry, Sector and Symbol:
  • Sector: Healthcare
  • Industry: Medical Software & Technology Services
  • Sub-Industry: N/A
  • Symbol: NYSE:VEEV
  • CUSIP: N/A
  • Web: www.veeva.com/
Capitalization:
  • Market Cap: $8.83 billion
  • Outstanding Shares: 139,752,000
Average Prices:
  • 50 Day Moving Avg: $62.51
  • 200 Day Moving Avg: $52.44
  • 52 Week Range: $36.06 - $68.07
P/E:
  • Trailing P/E Ratio: 101.72
  • Foreward P/E Ratio: 63.17
  • P/E Growth: 3.42
Sales & Book Value:
  • Annual Revenue: $582.2 million
  • Price / Sales: 15.16
  • Book Value: $5.09 per share
  • Price / Book: 12.41
Profitability:
  • EBIDTA: $141.37 million
  • Net Margins: 22.81%
  • Return on Equity: 21.22%
  • Return on Assets: 15.11%
Debt:
  • Current Ratio: 2.93%
  • Quick Ratio: 2.93%
Misc:
  • Average Volume: 1.62 million shs.
  • Beta: 1.63
  • Short Ratio: 3.32
 
Frequently Asked Questions for Veeva Systems (NYSE:VEEV)

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) announced its earnings results on Thursday, May, 25th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.18 by $0.04. The firm earned $157.90 million during the quarter, compared to analyst estimates of $151.82 million. Veeva Systems had a return on equity of 21.22% and a net margin of 22.81%. The business's quarterly revenue was up 31.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 earnings per share. View Veeva Systems' Earnings History.

When will Veeva Systems make its next earnings announcement?

Veeva Systems is scheduled to release their next quarterly earnings announcement on Monday, August, 28th 2017. View Earnings Estimates for Veeva Systems.

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

Veeva Systems issued an update on its FY18 earnings guidance on Thursday, May, 25th. The company provided EPS guidance of $0.82 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.79. The company issued revenue guidance of $665-669 million, compared to the consensus revenue estimate of $658.71 million.Veeva Systems also updated its Q2 guidance to $0.20 EPS.

Where is Veeva Systems' stock going? Where will Veeva Systems' stock price be in 2017?

13 brokers have issued 12 month price targets for Veeva Systems' shares. Their forecasts range from $43.00 to $75.00. On average, they expect Veeva Systems' stock price to reach $60.92 in the next twelve months. View Analyst Ratings for Veeva Systems.

What are 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 exited first quarter fiscal 2018 on a stable note beating the Zacks Consensus Estimate for both earnings and sales. Further, the company issued stable guidance for fiscal 2018. In the first quarter, the company witnessed a number of registrations in the Veeva Commercial Cloud platform around the world. Veeva has many core CRM projects on track with large pharma companies around the globe. The company has strengthened the recurring part of its revenue mix by marking significant growth in subscription revenues in the reported quarter. Moreover, the new launches at the Veeva Vault and the Veeva Coomercial Cloud platforms are encouraging. Veeva Systems had an impressive run on the bourse over the last six months, trading above the broader industry. The company is also supported by considerable strength in its CRM platform. However, intensifying competition, high operating expenses and a saturating lifesciences market are key concerns." (5/31/2017)
  • 2. Bank of America Corporation analysts commented, "greater confidence" that the company is in the early stages of a multi-billion-dollar revenue opportunity with Vault. In fact, the analyst sees Veeva's Vault opportunity in both the large pharmaceutical installed base (which presents an additional $400 to $500 million revenue opportunity) along with life sciences start-ups, which was previously un-addressed.Sills also noted that commercial could also sustain a "health" mid-teens growth rate due to: 1) cross selling of PromoMats, 2) cross-selling CRM add-ons, 3) expansion in the already existing installed base and 4) new customer wins intentionally, especially in Japan and Europe.Finally, the analyst explained that his new $70 price target represents a 42x EV/FCF multiple on his 2018 estimates which is "reasonable" relative to the analyst's estimated three-year FCF compounded annual growth rate of 30 percent, which is likely to be proven conservative.At time of publication, shares of Veeva were up 6.33 percent at $65.65.Related Links:Benzinga's Top Upgrades, Downgrades For May 26, 2017Looking To Invest In The Cloud? 7 Stocks To Own In 2017 Posted-In: Analyst Color Earnings Long Ideas News Guidance Upgrades Price Target Analyst Ratings Best of Benzinga © 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.   Related Articles (VEEV) Benzinga's Top Upgrades, Downgrades For May 26, 2017 22 Stocks Moving In Friday's Pre-Market Session Earnings Scheduled For May 25, 2017 View Comments and Join the Discussion! View the discussion thread. document.write('') News from idealmedia (function() { var sc = document.createElement('script'); sc.type = 'text/javascript'; sc.async = true; sc.src = '//news.fark.com/data/js/86971.js'; sc.charset = 'utf-8'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(sc, s); }()); Trending Recent 1 NFLX, GOOG: 10 Interesting Things You Might Not Know About Pornhub 2 BBY, ALGT: 25 Stocks Moving In Thursday's Pre-Market Session 3 ULTA, DECK: 22 Stocks Moving In Friday's Pre-Market Session 4 COST, WSM: 12 Stocks To Watch For May 25, 2017 5 ALXN: 2 Key Reasons Morgan Stanley Upgraded... 6 NOMD, IGT: Earnings Scheduled For May 25... 7 PBYI: Puma Biotech Gets Favorab... 1 SPY: Want Insight Into Trump Impeachment Odds? Watch GOP Special Elections 2 DECK: Deckers Outdoor Up 13% After Q1 Beat And Raise 3 COST: Costco Makes New All-Time High After Q3 Beat 4 QCOM, BBRY: Blackberry Higher Off Confirmation Of Qualcomm Royalty Payment 5 XLK: This Startup Is Making Industry Conferences Actually Pro... 6 T, NTDOY: Nintendo Switch Gives GameStop An Extra Life In Q1 7 ANF, AEO: Caution Against Chasing Abercrombie Stoc... View upcoming Earnings, Ratings, Dividend and Economic Calendars. Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content. Popular ChannelsAnalyst RatingsBe Your Own BossETFsEconomicsForexHotNewsOptionsPress ReleasesStart-upsTechTools & FeaturesAffiliate ProgramPreMarket PrepFeedsNews WidgetReal Time FeedSitemapSubmit News TipsAbout BenzingaAbout UsLicensing and APIsApps (iOS and Android)Fintech AwardsBlogSyndicationIn the NewsCareersService StatusContact UsDisclaimerPrivacy PolicyTerms and Conditions Benzinga Partners 1 (877) 440-9464 (ZING) © Copyright Benzinga Benzinga - Feed Your Mind News Markets Ratings Ideas Tech Small-Cap Personal Finance Premium Products Bitcoin, Bitcoin, Bitcoin: Why Some Buy And Some Don't