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NYSE:VEEV

Veeva Systems (VEEV) Stock Price, News & Analysis

$215.89
+0.58 (+0.27%)
(As of 09/6/2024 ET)
Today's Range
$213.16
â–Ľ
$217.67
50-Day Range
$180.32
â–Ľ
$217.00
52-Week Range
$162.72
â–Ľ
$236.90
Volume
775,935 shs
Average Volume
965,400 shs
Market Capitalization
$34.90 billion
P/E Ratio
63.68
Dividend Yield
N/A
Price Target
$230.57

Veeva Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
6.8% Upside
$230.57 Price Target
Short Interest
Healthy
1.31% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.79
Upright™ Environmental Score
News Sentiment
0.71mentions of Veeva Systems in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$3.24 M Sold Last Quarter
Proj. Earnings Growth
10.26%
From $4.19 to $4.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Computer And Technology Sector

111th out of 594 stocks

Prepackaged Software Industry

33rd out of 202 stocks

VEEV stock logo

About Veeva Systems Stock (NYSE:VEEV)

Veeva Systems Inc. provides cloud-based software for the life sciences industry. It offers Veeva Commercial Cloud, a suite of software and analytics solutions, such as Veeva customer relationship management (CRM) that enable customer-facing employees at pharmaceutical and biotechnology companies; Veeva Vault PromoMats, an end-to-end content and digital asset management solution; Veeva Vault Medical that provides source of medical content across multiple channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical brands; Veeva OpenData, a customer reference data solution; Veeva Link, a data application that allows link to generate real-time intelligence; and Veeva Compass includes de-identified and longitudinal patient data for the United States. The company also provides Veeva Development Cloud, a suite of applications for the clinical, regulatory, quality, and safety functions, including Veeva Vault Clinical, Veeva Vault RIM, Veeva Vault Safety, and Veeva Vault Quality; Veeva QualityOne, a quality and document management, and training solution; Veeva RegulatoryOne, a solution that helps companies to manage regulatory submission content; and Veeva Claims addresses the end-to-end product and marketing claims management process. In addition, it offers professional and support services, including implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; data migration and systems integrations technical consulting services; training on its solutions; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.

VEEV Stock Price History

VEEV Stock News Headlines

KIEV, UKRAINE - February 3, 2021: In this photo illustration a Veeva Systems Inc. logo is seen displayed on a smartphone
Veeva’s Stock Jumps on Stellar Q2 Results—Don’t Miss Out (VEEV)
Veeva Systems shares spiked on a strong fiscal Q2 earnings report, and optimism for small-scale customer growth and full-year performance could drive gains.
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Veeva to Present at Upcoming Investor Conference
See More Headlines
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Company Calendar

Last Earnings
12/06/2023
Today
9/07/2024
Next Earnings (Estimated)
12/04/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Employees
7,172
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$230.57
High Stock Price Target
$273.00
Low Stock Price Target
$173.00
Potential Upside/Downside
+6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
23 Analysts

Profitability

Net Income
$525.71 million
Pretax Margin
28.26%

Debt

Sales & Book Value

Annual Sales
$2.57 billion
Cash Flow
$3.47 per share
Book Value
$28.80 per share

Miscellaneous

Free Float
144,679,000
Market Cap
$34.90 billion
Optionable
Optionable
Beta
0.81

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Should I Buy Veeva Systems Stock? VEEV Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Veeva Systems Inc.:

  • Veeva Systems stock has shown resilience with a 12-month high of $236.90, indicating potential for growth.
  • The company reported a strong EPS of $1.03 for the last quarter, surpassing analysts' estimates by $0.10, showcasing solid financial performance.
  • Insiders own 10.50% of the company's stock, indicating confidence in the company's future prospects.
  • Veeva Systems provides cloud-based software for the life sciences industry, a sector with high growth potential and demand for innovative solutions.
  • Recent institutional investments in Veeva Systems by hedge funds and asset management firms suggest a positive outlook on the company's future.

Cons

Investors should be bearish about investing in Veeva Systems Inc. for these reasons:

  • The stock price has experienced fluctuations, trading down $0.90 during midday trading on a recent day, indicating potential volatility.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Veeva Systems pros and cons to contact@marketbeat.com.

VEEV Stock Analysis - Frequently Asked Questions

How have VEEV shares performed this year?

Veeva Systems' stock was trading at $192.52 at the start of the year. Since then, VEEV shares have increased by 12.1% and is now trading at $215.89.
View the best growth stocks for 2024 here
.

How were Veeva Systems' earnings last quarter?

Veeva Systems Inc. (NYSE:VEEV) announced its quarterly earnings results on Wednesday, December, 6th. The technology company reported $1.34 EPS for the quarter, beating the consensus estimate of $1.29 by $0.05. The business's revenue was up 11.6% compared to the same quarter last year.

What is Peter Gassner's approval rating as Veeva Systems' CEO?

202 employees have rated Veeva Systems Chief Executive Officer Peter Gassner on Glassdoor.com. Peter Gassner has an approval rating of 82% among the company's employees.

Does Veeva Systems have any subsidiaries?

Veeva Systems subsidiaries include these companies: Veeva RTSM, Veracity Logic, Learnaboutgmp, Physicians World, Veeva Crossix, Zinc Ahead Ltd, Selligy, and AdvantageMS.

Who are Veeva Systems' major shareholders?

Top institutional shareholders of Veeva Systems include Massachusetts Financial Services Co. MA (1.33%), Van ECK Associates Corp (1.19%), Blair William & Co. IL (0.84%) and TD Asset Management Inc (0.65%). Insiders that own company stock include Matthew J Wallach, Thomas D Schwenger, Alan Mateo, Eleni Nitsa Zuppas, Paul Edward Chamberlain, Paul J Sekhri, Jonathan Faddis, Michele O'connor, Timothy S Cabral, Mary Lynne Hedley, Ronald E F Codd and Peter P Gassner.
View institutional ownership trends
.

How do I buy shares of Veeva Systems?

Shares of VEEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Veeva Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Veeva Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), PayPal (PYPL), Shopify (SHOP), Walt Disney (DIS) and Adobe (ADBE).

This page (NYSE:VEEV) was last updated on 9/7/2024 by MarketBeat.com Staff

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