Varonis Systems, Inc. (NASDAQ:VRNS - Free Report) - Equities researchers at William Blair issued their Q1 2025 EPS estimates for Varonis Systems in a research report issued to clients and investors on Wednesday, February 5th. William Blair analyst J. Ader expects that the technology company will earn ($0.30) per share for the quarter. The consensus estimate for Varonis Systems' current full-year earnings is ($0.74) per share. William Blair also issued estimates for Varonis Systems' Q2 2025 earnings at ($0.20) EPS, Q3 2025 earnings at ($0.21) EPS, Q4 2025 earnings at ($0.17) EPS, FY2025 earnings at ($0.88) EPS and FY2026 earnings at ($0.76) EPS.
Varonis Systems (NASDAQ:VRNS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.24). Varonis Systems had a negative net margin of 17.38% and a negative return on equity of 20.45%.
A number of other research firms also recently issued reports on VRNS. Wells Fargo & Company cut their price objective on shares of Varonis Systems from $48.00 to $46.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Royal Bank of Canada reiterated an "outperform" rating and set a $65.00 price target on shares of Varonis Systems in a research report on Wednesday, October 30th. Citigroup dropped their price objective on Varonis Systems from $57.00 to $46.00 and set a "neutral" rating for the company in a research note on Friday, January 17th. Jefferies Financial Group decreased their price objective on Varonis Systems from $60.00 to $50.00 and set a "hold" rating for the company in a report on Thursday, December 19th. Finally, DA Davidson decreased their target price on Varonis Systems from $50.00 to $47.00 and set a "neutral" rating for the company in a research report on Thursday, December 12th. Five investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $59.38.
Check Out Our Latest Analysis on VRNS
Varonis Systems Trading Up 1.3 %
Shares of NASDAQ VRNS traded up $0.55 during midday trading on Monday, reaching $43.72. The stock had a trading volume of 1,205,363 shares, compared to its average volume of 2,081,788. The company's 50 day moving average price is $45.23 and its 200 day moving average price is $51.12. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of -50.84 and a beta of 0.83. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.81 and a current ratio of 1.81. Varonis Systems has a twelve month low of $39.62 and a twelve month high of $60.58.
Varonis Systems declared that its board has initiated a stock buyback plan on Monday, February 10th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.
Hedge Funds Weigh In On Varonis Systems
Large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake in shares of Varonis Systems by 445.3% during the third quarter. Farther Finance Advisors LLC now owns 518 shares of the technology company's stock valued at $29,000 after acquiring an additional 423 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of Varonis Systems in the fourth quarter valued at $70,000. International Assets Investment Management LLC increased its holdings in shares of Varonis Systems by 5,550.0% in the third quarter. International Assets Investment Management LLC now owns 2,486 shares of the technology company's stock valued at $140,000 after buying an additional 2,442 shares in the last quarter. Pacer Advisors Inc. increased its holdings in shares of Varonis Systems by 29.5% in the fourth quarter. Pacer Advisors Inc. now owns 2,645 shares of the technology company's stock valued at $118,000 after buying an additional 603 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new position in shares of Varonis Systems in the third quarter valued at $184,000. Institutional investors own 95.65% of the company's stock.
About Varonis Systems
(
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Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property.
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