NYSE:VEEV Veeva Systems (VEEV) Stock Price, News & Analysis → Jeff Bezos & 48 Members of Congress Are Buying ONE Sector… (From InvestorPlace) (Ad) Free VEEV Stock Alerts $183.01 -2.14 (-1.16%) (As of 06/28/2024 08:57 PM ET) Add Compare Share Share Today's Range$182.69▼$187.1650-Day Range$171.49▼$211.3152-Week Range$162.72▼$236.90Volume1.42 million shsAverage Volume1.01 million shsMarket Capitalization$29.58 billionP/E Ratio53.99Dividend YieldN/APrice Target$227.95 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Veeva Systems MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside24.6% Upside$227.95 Price TargetShort InterestHealthy1.29% of Shares Sold ShortDividend StrengthN/ASustainability-0.79Upright™ Environmental ScoreNews Sentiment1.16Based on 6 Articles This WeekInsider TradingSelling Shares$4.19 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.4.83 out of 5 starsComputer And Technology Sector33rd out of 588 stocksPrepackaged Software Industry9th out of 194 stocks 3.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 13 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageVeeva Systems has been the subject of 13 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 4.0 Short Interest Percentage of Shares Shorted1.29% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Veeva Systems has recently decreased by 4.13%, indicating that investor sentiment is improving. 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 3.4 News and Social Media Coverage News SentimentVeeva Systems has a news sentiment score of 1.16. 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 0.76 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Veeva Systems this week, compared to 11 articles on an average week.Search Interest22 people have searched for VEEV on MarketBeat in the last 30 days. This is an increase of 16% compared to the previous 30 days.MarketBeat Follows9 people have added Veeva Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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 $4,192,363.00 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 53.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 53.99, 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 236.17.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 1.79. 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 6.05. 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 InvestorPlaceWhere AI is REALLY Going NextBuying Nvidia was a good idea – twenty years ago when I first recommended it (for up to 37,000% gains). But chipmakers are the FIRST GENERATION of AI. And just like the dot-com era… That’s NOT where the big money will be made.Here’s what I’m recommending now (includes 2 stock tickers). 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 HeadlinesJune 8, 2024 | insidertrades.comInsider Selling: Veeva Systems Inc. (NYSE:VEEV) CFO Sells 15,000 Shares of StockJune 28 at 9:45 AM | fool.com2 Top Growth Stocks to Buy in JuneJuly 1, 2024 | InvestorPlace (Ad)Next-Gen AI is Creating Millionaires Right NowI predict massive unemployment is coming. 800 million could lose their jobs, according to a McKinsey study, and 70% of all existing occupations could see a pay cut because of job elimination, according to Wired magazine.June 27, 2024 | americanbankingnews.comVeeva Systems Inc. (NYSE:VEEV) Given Consensus Rating of "Moderate Buy" by AnalystsJune 22, 2024 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Given "Outperform" Rating at Royal Bank of CanadaJune 19, 2024 | prnewswire.comVita Global Sciences Partners with Veeva to Streamline Clinical Data ManagementJune 6, 2024 | seekingalpha.comVeeva Systems: A Stable Growth Story (Downgraded To A Hold)June 6, 2024 | prnewswire.comTigermed Advances Clinical Data Management with Veeva Vault EDCJuly 1, 2024 | InvestorPlace (Ad)Next-Gen AI is Creating Millionaires Right NowI predict massive unemployment is coming. 800 million could lose their jobs, according to a McKinsey study, and 70% of all existing occupations could see a pay cut because of job elimination, according to Wired magazine.June 5, 2024 | investorplace.com3 SaaS Stocks to Buy Amid the Salesforce DropJune 3, 2024 | prnewswire.comVeeva to Present at Upcoming Investor ConferencesJune 3, 2024 | seekingalpha.comVeeva Q1: Guidance Cut Does Not Impact My Long-Term Bullish ViewMay 30, 2024 | prnewswire.comVeeva Announces Fiscal 2025 First Quarter ResultsMay 29, 2024 | markets.businessinsider.comWhat Wall Street expects from Veeva Systems A's earningsMay 29, 2024 | finance.yahoo.comWhat To Expect From Veeva Systems's (VEEV) Q1 EarningsMay 28, 2024 | markets.businessinsider.comBuy Rating Affirmed for Veeva Systems Amid Strong Financial Outlook and Market Penetration PotentialMay 24, 2024 | fool.com3 Stocks That Can Help You to Get Richer in 2025 and BeyondMay 23, 2024 | finanznachrichten.deVeeva Systems: New Veeva Pulse Findings Show Connected Engagement Creates an Advantage as HCP Access DropsMay 23, 2024 | prnewswire.comNew Veeva Pulse Findings Show Connected Engagement Creates an Advantage as HCP Access DropsMay 22, 2024 | prnewswire.comFor the Second Year in a Row, Veeva MedTech Named Best Overall Medtech SoftwareMay 21, 2024 | markets.businessinsider.comBarclays Reaffirms Their Buy Rating on Veeva Systems (VEEV)May 16, 2024 | finance.yahoo.comTroy Animal Healthcare Strengthens Quality Operations with Veeva Vault QualityMay 16, 2024 | prnewswire.comVeeva Introduces Vault Basics for BiotechsMay 15, 2024 | benzinga.comUnpacking the Latest Options Trading Trends in Veeva SystemsMay 13, 2024 | finance.yahoo.comBull of the Day: Veeva Systems (VEEV)May 11, 2024 | finance.yahoo.com50 Digital Nomad Visa Countries in 2024May 8, 2024 | sg.finance.yahoo.com4 US Growth Stocks That Can Lift Your Portfolio to New HeightsSee More Headlines Company Calendar Last Earnings5/30/2024Today6/30/2024Next Earnings (Estimated)9/04/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNYSE:VEEV CUSIPN/A CIK1393052 Webwww.veeva.com Phone(925) 452-6500Fax925-452-6504Employees7,172Year Founded2007Price Target and Rating Average Stock Price Target$227.95 High Stock Price Target$270.00 Low Stock Price Target$173.00 Potential Upside/Downside+24.6%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$3.39 Trailing P/E Ratio53.99 Forward P/E Ratio43.68 P/E Growth1.79Net 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 / Sales12.52 Cash Flow$3.49 per share Price / Cash Flow52.47 Book Value$30.25 per share Price / Book6.05Miscellaneous Outstanding Shares161,650,000Free Float144,679,000Market Cap$29.58 billion OptionableOptionable Beta0.80 Social Links 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 CompetitorsCrowdStrikeNASDAQ:CRWDSynopsysNASDAQ:SNPSShopifyNYSE:SHOPCadence Design SystemsNASDAQ:CDNSNetEaseNASDAQ:NTESView All CompetitorsInsiders & InstitutionsAmerican TrustSold 280 shares on 6/11/2024Ownership: 0.002%Timothy S CabralSold 15,000 sharesTotal: $2.76 M ($184.33/share)DekaBank Deutsche GirozentraleSold 29,963 shares on 6/4/2024Ownership: 0.042%Cetera Investment AdvisersBought 63,922 shares on 5/24/2024Ownership: 0.054%Cetera Advisor Networks LLCBought 13,305 shares on 5/24/2024Ownership: 0.036%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 Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company has a solid track record of profitability, which is an attractive feature for investors looking for stable returns. Veeva Systems Inc. has a strong market position in the healthcare technology sector, providing a competitive advantage. The stock price of Veeva Systems Inc. has been steadily increasing, reflecting positive investor sentiment and potential for capital appreciation. The company's innovative product offerings, such as the latest software solutions, have been well-received in the market, driving further growth. Cons Investors should be bearish about investing in Veeva Systems Inc. for these reasons: Despite its growth, Veeva Systems Inc. operates in a competitive industry with rapidly evolving technology, leading to potential challenges in maintaining market share. The company's stock valuation may be considered high compared to industry peers, posing a risk of a market correction impacting the stock price. Fluctuations in the healthcare regulatory environment could affect Veeva Systems Inc.'s operations and financial performance. Investing in technology companies like Veeva Systems Inc. carries inherent risks related to cybersecurity threats and data breaches. Changes in healthcare policies or regulations could impact the demand for Veeva Systems Inc.'s products and services, affecting revenue growth. 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 Saturday, June 8, 2024. Please send any questions or comments about these Veeva Systems pros and cons to contact@marketbeat.com. VEEV Stock Analysis - Frequently Asked Questions Should I buy or sell Veeva Systems stock right now? 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 1 sell rating, 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VEEV shares. View VEEV analyst ratings or view top-rated stocks. What is Veeva Systems' stock price target for 2024? 20 Wall Street research analysts have issued 12-month price targets for Veeva Systems' stock. Their VEEV share price targets range from $173.00 to $270.00. On average, they predict the company's share price to reach $227.95 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View analysts price targets for VEEV or view top-rated stocks among Wall Street analysts. How have VEEV shares performed in 2024? Veeva Systems' stock was trading at $192.52 at the beginning of the year. Since then, VEEV stock has decreased by 4.9% and is now trading at $183.01. View the best growth stocks for 2024 here. When is Veeva Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 4th 2024. View our VEEV earnings forecast. How were Veeva Systems' earnings last quarter? Veeva Systems Inc. (NYSE:VEEV) announced its quarterly earnings results on Thursday, May, 30th. The technology company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.93 by $0.10. The technology company earned $650.35 million during the quarter, compared to analyst estimates of $641.73 million. Veeva Systems had a net margin of 22.34% and a trailing twelve-month return on equity of 12.74%. What ETFs hold Veeva Systems' stock? ETFs with the largest weight of Veeva Systems (NYSE:VEEV) stock in their portfolio include First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), iShares U.S. Healthcare Providers ETF (IHF), Sterling Capital Focus Equity ETF (LCG), VanEck Morningstar Wide Moat Growth ETF (MGRO), Fidelity Digital Health ETF (FDHT), Direxion Daily Cloud Computing Bull 2x (CLDL), VanEck Morningstar ESG Moat ETF (MOTE) and VanEck Morningstar Wide Moat ETF (MOAT). What guidance has Veeva Systems issued on next quarter's earnings? Veeva Systems updated its FY 2025 earnings guidance on Saturday, June, 8th. The company provided earnings per share guidance of 6.160-6.160 for the period, compared to the consensus earnings per share estimate of 6.150. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion. 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. What other stocks do shareholders of Veeva Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other Veeva Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), PayPal (PYPL), Shopify (SHOP), Walt Disney (DIS), Adobe (ADBE), Netflix (NFLX), Trade Desk (TTD) and Block (SQ). 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. Does Veeva Systems have any subsidiaries? The following companies are subsidiares of Veeva Systems: AdvantageMS, Learnaboutgmp, Physicians World, Selligy, Veeva Crossix, Veeva RTSM, Veracity Logic, and Zinc Ahead Ltd.Read More This page (NYSE:VEEV) was last updated on 7/1/2024 by MarketBeat.com Staff From Our Partners270x more lucrative than NVIDIA???If you've missed out on NVIDIA's recent 1,600% run... Don't worry. Because there's one AI stock that cou...Behind the Markets | SponsoredAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredYoung billionaire opens the door for millions of AmericansYou can now profit from a catalog of 11 inventions that will likely make their way into millions of U.S. house...Porter & Company | SponsoredThe End of Privacy for Americans… Get Out of Cash Now!Unlock the Secret to Outsmarting Inflation with "The Trump Loophole" That investment? Gold.Golden Crest | SponsoredBiden Replacement: The Final ChapterLast night’s debate proved me right: Joe Biden will be replaced. And how the face of America will be change...The Freeport Society | SponsoredWill Biden Be Replaced?There are growing rumors of a possible Joe Biden replacement following his first debate against Donald Trump. ...Stansberry Research | SponsoredBuy this small stock before coming AI Tidal WaveThe internet generated more wealth than any other innovation in history - creating hundreds of thousands of ne...Chaikin Analytics | SponsoredMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist My Default Watchlist Adding Veeva Systems Inc. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding 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. Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings 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.