NYSE:VEEV Veeva Systems (VEEV) Stock Price, News & Analysis $199.18 +2.12 (+1.08%) (As of 04:04 PM ET) Add Compare Share Share Today's Range$196.10▼$200.8650-Day Range$178.74▼$201.3052-Week Range$162.72▼$236.90Volume628,502 shsAverage Volume954,818 shsMarket Capitalization$32.20 billionP/E Ratio58.76Dividend YieldN/APrice Target$228.27 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Veeva Systems alerts: Email Address Veeva Systems MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside14.4% Upside$228.27 Price TargetShort InterestHealthy1.34% of Shares Sold ShortDividend StrengthN/ASustainability-0.79Upright™ Environmental ScoreNews Sentiment0.68Based on 17 Articles This WeekInsider TradingSelling Shares$3.24 M Sold Last QuarterProj. Earnings Growth11.93%From $4.19 to $4.69 Per ShareSee Full Details Hide Full Details 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.4.69 out of 5 starsComputer And Technology Sector57th out of 591 stocksPrepackaged Software Industry15th out of 196 stocks 3.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 15 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageVeeva Systems has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Veeva Systems' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.34% of the outstanding shares of Veeva Systems have been sold short.Short Interest Ratio / Days to CoverVeeva Systems has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Veeva Systems has recently increased by 3.83%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldVeeva Systems does not currently pay a dividend.Dividend GrowthVeeva Systems does not have a long track record of dividend growth. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVeeva Systems has received a 24.04% net impact score from Upright. Veeva Systems seems to create the most significant positive value in categories "Jobs", "Taxes", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Hosted data storage services", "Application hosting services", and "Hosted analytics services" products. See details.Environmental SustainabilityThe Environmental Impact score for Veeva Systems is -0.79. Previous Next 3.2 News and Social Media Coverage News SentimentVeeva Systems has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Veeva Systems this week, compared to 11 articles on an average week.Search InterestOnly 9 people have searched for VEEV on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat Follows12 people have added Veeva Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veeva Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,235,550.00 in company stock.Percentage Held by Insiders10.50% of the stock of Veeva Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.20% of the stock of Veeva Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Veeva Systems' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Veeva Systems are expected to grow by 11.93% in the coming year, from $4.19 to $4.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 58.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 58.84, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 289.15.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 1.89. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVeeva Systems has a P/B Ratio of 6.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Veeva Systems' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Altimetry“Pre-programmed” stock crash?Time Magazine: "The Stock Market Is Rigged... So What?" Bloomberg , Business Insider , Time Magazine, and even The New York Times cannot hide the uncomfortable truth: investors are now playing a rigged game. So what do you do... give up? Absolutely not. In fact, one of America's most sought-after financial authorities (who's followed by the world's 10 richest institutional investors) just explained how you can protect yourself.Click here now to see his message while it's still online. 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.Read More VEEV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VEEV Stock News HeadlinesAugust 22 at 9:25 AM | insidertrades.comVeeva Systems Inc. (NYSE:VEEV) SVP Jonathan Faddis Sells 2,353 SharesAugust 22 at 7:03 AM | prnewswire.comVeeva Vault LIMS Gains Momentum as Companies Unify Quality Assurance and Quality ControlAugust 23, 2024 | Altimetry (Ad)“Pre-programmed” stock crash?Time Magazine: "The Stock Market Is Rigged... So What?" Bloomberg , Business Insider , Time Magazine, and even The New York Times cannot hide the uncomfortable truth: investors are now playing a rigged game. So what do you do... give up? Absolutely not. In fact, one of America's most sought-after financial authorities (who's followed by the world's 10 richest institutional investors) just explained how you can protect yourself.August 21 at 11:04 AM | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Healthcare Stocks: Premier (PINC) and Veeva Systems (VEEV)August 21 at 1:34 AM | americanbankingnews.comVeeva Systems (VEEV) Scheduled to Post Quarterly Earnings on WednesdayAugust 19, 2024 | msn.comDoes Veeva Systems (VEEV) Have Attractive Long-Term Outlook?August 18, 2024 | dallasnews.comThe Motley Fool: Cloud solutions firm has edge with health-care focusAugust 16, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Globus Medical (GMED), Avidity Biosciences (RNA) and Veeva Systems (VEEV)August 23, 2024 | Altimetry (Ad)“Pre-programmed” stock crash?Time Magazine: "The Stock Market Is Rigged... So What?" Bloomberg , Business Insider , Time Magazine, and even The New York Times cannot hide the uncomfortable truth: investors are now playing a rigged game. So what do you do... give up? Absolutely not. In fact, one of America's most sought-after financial authorities (who's followed by the world's 10 richest institutional investors) just explained how you can protect yourself.August 16, 2024 | americanbankingnews.comVeeva Systems Inc. (NYSE:VEEV) Receives Consensus Rating of "Moderate Buy" from AnalystsAugust 13, 2024 | finance.yahoo.comVeeva Systems Inc.'s (NYSE:VEEV) Intrinsic Value Is Potentially 57% Above Its Share PriceAugust 13, 2024 | prnewswire.comLife Sciences Community Advances Toward Next Phase of Innovation at Veeva R&D and Quality SummitAugust 13, 2024 | americanbankingnews.comContrasting Great Elm Group (NASDAQ:GEG) and Veeva Systems (NYSE:VEEV)August 13, 2024 | msn.comVeeva Systems (VEEV) Stock Moves -0.77%: What You Should KnowAugust 10, 2024 | finance.yahoo.comCatalyst Clinical Research Announces First CCOAugust 7, 2024 | prnewswire.comVeeva to Release Fiscal 2025 Second Quarter Results on August 28, 2024July 30, 2024 | finanznachrichten.deeClinical Solutions Market worth $22.1 billion by 2029 driven by Rising Chronic Illness Rates | MarketsandMarketsJuly 29, 2024 | seekingalpha.comVertical Market Software Trends And Constellation's Mega DealsSee More Headlines Receive VEEV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veeva Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/30/2024Today8/23/2024Next Earnings (Confirmed)8/28/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNYSE:VEEV CUSIPN/A CIK1393052 Webwww.veeva.com Phone(925) 452-6500Fax925-452-6504Employees7,172Year Founded2007Price Target and Rating Average Stock Price Target$228.27 High Stock Price Target$270.00 Low Stock Price Target$173.00 Potential Upside/Downside+14.6%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage22 Analysts Profitability EPS (Most Recent Fiscal Year)$3.39 Trailing P/E Ratio58.75 Forward P/E Ratio47.53 P/E Growth1.89Net Income$525.71 million Net Margins22.34% Pretax Margin28.26% Return on Equity12.74% Return on Assets10.20% Debt Debt-to-Equity RatioN/A Current Ratio4.29 Quick Ratio4.29 Sales & Book Value Annual Sales$2.36 billion Price / Sales13.62 Cash Flow$3.61 per share Price / Cash Flow55.19 Book Value$28.80 per share Price / Book6.91Miscellaneous Outstanding Shares161,650,000Free Float144,679,000Market Cap$32.19 billion OptionableOptionable Beta0.80 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Peter P. Gassner (Age 59)Founder, CEO & Director Comp: $420.83kMs. Eleni Nitsa Zuppas (Age 54)President & Chief of Staff Comp: $420.83kMr. Thomas D. Schwenger (Age 56)President & Chief Customer Officer Comp: $420.83kMr. Timothy Stephen Cabral (Age 57)Interim CFO & Director Comp: $50kMr. Brent R. Bowman (Age 57)Executive officer Comp: $420.83kMs. Kristine B. Diamond (Age 56)Principal Accounting Officer Mr. Matthew Robinson (Age 50)Chief Technology Officer Mr. Pinal PatelChief Information OfficerMr. Gunnar Georg HansenDirector of Investor RelationsMr. Jonathan W. Faddis (Age 52)Senior VP, General Counsel & Corporate Secretary Comp: $391.67kMore ExecutivesKey CompetitorsShopifyNYSE:SHOPInfosysNYSE:INFYPalantir TechnologiesNYSE:PLTRCrowdStrikeNASDAQ:CRWDNetEaseNASDAQ:NTESView All CompetitorsInsiders & InstitutionsCetera Investment AdvisersSold 1,708 shares on 8/22/2024Ownership: 0.052%Truist Financial CorpSold 1,838 shares on 8/21/2024Ownership: 0.050%Jonathan FaddisSold 2,353 sharesTotal: $470,600.00 ($200.00/share)B. Riley Wealth Advisors Inc.Sold 2,047 shares on 8/19/2024Ownership: 0.002%Point72 Asset Management L.P.Sold 1,800 shares on 8/19/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 has consistently beaten earnings estimates, indicating strong financial performance. The company has a solid return on equity of 12.74%, showcasing efficient use of shareholder funds. Positive analyst ratings and price target upgrades suggest confidence in the company's growth potential. Cloud-based software for the life sciences industry is a growing market with high demand and potential for expansion. Current stock price at $185.14 presents a potential buying opportunity for investors looking for value. Cons Investors should be bearish about investing in Veeva Systems Inc. for these reasons: Recent trading down by 2.1% may indicate short-term volatility or market concerns affecting the stock price. The company's P/E ratio of 54.61 is relatively high, suggesting the stock may be overvalued compared to industry peers. Downward revisions in price targets by some analysts could signal potential challenges or uncertainties ahead. Market cap of $29.93 billion may limit significant short-term growth potential for the stock. Lower-than-expected revenue figures in previous quarters could impact investor sentiment and future stock performance. 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 Sunday, August 18, 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 beginning of the year. Since then, VEEV shares have increased by 3.6% and is now trading at $199.47. View the best growth stocks for 2024 here. How were Veeva Systems' earnings last quarter? Veeva Systems Inc. (NYSE:VEEV) announced its earnings results on Thursday, May, 30th. The technology company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.10. The technology company had revenue of $650.35 million for the quarter, compared to analysts' expectations of $641.73 million. Veeva Systems had a trailing twelve-month return on equity of 12.74% and a net margin of 22.34%. 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? The following companies are subsidiaries of Veeva Systems: Veeva RTSM, Veracity Logic, Learnaboutgmp, Physicians World, Veeva Crossix, Zinc Ahead Ltd, Selligy, and AdvantageMS. Who are Veeva Systems' major shareholders? Veeva Systems' top institutional investors 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 8/23/2024 by MarketBeat.com Staff From Our PartnersSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredDid Wall St. Buy Your Stocks for A Discount Last Week?New Wave of "Pre-Programmed" Stock Crashes: Like landmines, a wave of crashes just rocked the stock market....Altimetry | SponsoredWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.Weiss Ratings | Sponsored625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | SponsoredAmazon coin set to soar 25X – starting August 19thChris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | Sponsored5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredThe #1 A.I. Crypto You Don’t Own (YET!)Markets are volatile right now—stocks, cryptos, you name it. But here's a crucial fact everyone is missing:...Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Veeva Systems Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Veeva Systems With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
