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Veeva Systems (VEEV) Competitors

$186.82
-0.18 (-0.10%)
(As of 07/23/2024 ET)

VEEV vs. SHOP, PLTR, TTD, SNOW, PINS, SNAP, PTC, MBLY, ZM, and GEN

Should you be buying Veeva Systems stock or one of its competitors? The main competitors of Veeva Systems include Shopify (SHOP), Palantir Technologies (PLTR), Trade Desk (TTD), Snowflake (SNOW), Pinterest (PINS), Snap (SNAP), PTC (PTC), Mobileye Global (MBLY), Zoom Video Communications (ZM), and Gen Digital (GEN). These companies are all part of the "computer software" industry.

Veeva Systems vs.

Shopify (NYSE:SHOP) and Veeva Systems (NYSE:VEEV) are both large-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their community ranking, profitability, media sentiment, analyst recommendations, institutional ownership, risk, earnings, valuation and dividends.

Veeva Systems has a net margin of 22.34% compared to Veeva Systems' net margin of -2.82%. Shopify's return on equity of 12.74% beat Veeva Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Shopify-2.82% 7.36% 5.83%
Veeva Systems 22.34%12.74%10.20%

Veeva Systems has lower revenue, but higher earnings than Shopify. Shopify is trading at a lower price-to-earnings ratio than Veeva Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shopify$7.06B11.51$132M-$0.17-370.76
Veeva Systems$2.36B12.76$525.71M$3.3955.04

Shopify has a beta of 2.3, meaning that its stock price is 130% more volatile than the S&P 500. Comparatively, Veeva Systems has a beta of 0.8, meaning that its stock price is 20% less volatile than the S&P 500.

Shopify received 660 more outperform votes than Veeva Systems when rated by MarketBeat users. However, 69.74% of users gave Veeva Systems an outperform vote while only 66.83% of users gave Shopify an outperform vote.

CompanyUnderperformOutperform
ShopifyOutperform Votes
1370
66.83%
Underperform Votes
680
33.17%
Veeva SystemsOutperform Votes
710
69.74%
Underperform Votes
308
30.26%

Shopify presently has a consensus target price of $77.44, indicating a potential upside of 22.25%. Veeva Systems has a consensus target price of $228.27, indicating a potential upside of 21.86%. Given Veeva Systems' higher probable upside, analysts clearly believe Shopify is more favorable than Veeva Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shopify
1 Sell rating(s)
14 Hold rating(s)
22 Buy rating(s)
0 Strong Buy rating(s)
2.57
Veeva Systems
1 Sell rating(s)
6 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.64

In the previous week, Shopify had 16 more articles in the media than Veeva Systems. MarketBeat recorded 28 mentions for Shopify and 12 mentions for Veeva Systems. Shopify's average media sentiment score of 0.93 beat Veeva Systems' score of 0.50 indicating that Veeva Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shopify
13 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Veeva Systems
7 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

69.3% of Shopify shares are owned by institutional investors. Comparatively, 88.2% of Veeva Systems shares are owned by institutional investors. 10.5% of Veeva Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Veeva Systems beats Shopify on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding VEEV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VEEV vs. The Competition

MetricVeeva SystemsPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$30.16B$22.70B$22.25B$18.34B
Dividend YieldN/A2.06%2.66%3.50%
P/E Ratio55.0456.45236.1123.04
Price / Sales12.769.07572.6715.46
Price / Cash52.5469.4931.7716.17
Price / Book6.489.487.065.11
Net Income$525.71M$373.02M$627.22M$974.22M
7 Day Performance-0.28%-0.97%-0.91%-1.33%
1 Month Performance0.93%5.34%4.58%5.67%
1 Year Performance-6.56%3.44%13.26%8.66%

Veeva Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.3888 of 5 stars
4.39 / 5 stars
$63.18
+0.1%
$77.44
+22.6%
-4.4%$81.42B$7.41B-371.658,300Gap Up
PLTR
Palantir Technologies
2.2132 of 5 stars
2.21 / 5 stars
$28.57
-0.2%
$21.32
-25.4%
+73.2%$63.62B$2.23B238.103,735Insider Selling
TTD
Trade Desk
3.1896 of 5 stars
3.19 / 5 stars
$96.01
+0.3%
$98.72
+2.8%
+19.3%$46.96B$1.95B240.033,115Analyst Forecast
News Coverage
SNOW
Snowflake
4.4883 of 5 stars
4.49 / 5 stars
$129.84
flat
$197.31
+52.0%
-25.5%$43.47B$2.81B-46.377,004
PINS
Pinterest
3.0917 of 5 stars
3.09 / 5 stars
$40.77
-0.5%
$42.04
+3.1%
+47.0%$27.85B$3.19B194.154,014Upcoming Earnings
Analyst Forecast
News Coverage
SNAP
Snap
1.4589 of 5 stars
1.46 / 5 stars
$14.40
-1.2%
$14.77
+2.6%
+15.9%$23.63B$4.81B-17.785,289Analyst Upgrade
Gap Up
PTC
PTC
4.3954 of 5 stars
4.40 / 5 stars
$175.92
-0.1%
$199.73
+13.5%
+22.6%$21.06B$2.10B73.617,231News Coverage
MBLY
Mobileye Global
3.8115 of 5 stars
3.81 / 5 stars
$24.67
-6.7%
$37.44
+51.8%
-41.0%$19.89B$2.08B-117.473,700
ZM
Zoom Video Communications
4.9396 of 5 stars
4.94 / 5 stars
$58.87
-0.5%
$75.22
+27.8%
-17.4%$18.29B$4.56B21.977,420
GEN
Gen Digital
2.7757 of 5 stars
2.78 / 5 stars
$25.48
-0.4%
N/A+32.6%$15.95B$3.81B26.823,400News Coverage

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This page (NYSE:VEEV) was last updated on 7/23/2024 by MarketBeat.com Staff

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