NYSE:VEEV Veeva Systems (VEEV) Stock Price, News & Analysis $214.81 +0.42 (+0.20%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Veeva Systems Stock (NYSE:VEEV) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$211.68▼$214.8550-Day Range$180.32▼$223.9052-Week Range$162.72▼$236.90Volume1.34 million shsAverage Volume973,861 shsMarket Capitalization$34.78 billionP/E Ratio63.37Dividend YieldN/APrice Target$229.96Consensus RatingModerate Buy Company OverviewVeeva 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… Must-Know for Trading Options (Ad)Options are becoming increasingly popular among investors – with demand hitting record highs for 3 years in a row! But – knowing what the options trading landscape looks like, and what you're up against is a must.So make sure you claim your free seat by clicking here now. Veeva Systems Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 94th PercentileVeeva Systems scored higher than 94% of companies evaluated by MarketBeat, and ranked 74th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingVeeva Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.61, and is based on 15 buy ratings, 7 hold ratings, and 1 sell rating.Amount of Analyst CoverageVeeva Systems has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Veeva Systems' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth10.24% Earnings GrowthEarnings for Veeva Systems are expected to grow by 10.24% in the coming year, from $4.20 to $4.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 63.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 63.37, 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 275.55.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 2.12. 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 6.71. 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. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.17% 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 decreased by 10.38%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldVeeva Systems does not currently pay a dividend.Dividend GrowthVeeva Systems does not have a long track record of dividend growth. Sustainability and ESG2.9 / 5Environmental Score-0.79 Percentage of Shares Shorted1.17% 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 decreased by 10.38%, indicating that investor sentiment is improving significantly. News and Social Media3.3 / 5News Sentiment0.90 News SentimentVeeva Systems has a news sentiment score of 0.90. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Veeva Systems this week, compared to 11 articles on an average week.Search Interest21 people have searched for VEEV on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Veeva Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingSelling Shares 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 $470,600.00 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. VEEV Stock News HeadlinesVeeva’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.August 31, 2024 | marketbeat.comVeeva Systems Inc. (NYSE:VEEV) SVP Jonathan Faddis Sells 2,353 SharesAugust 22, 2024 | insidertrades.comThe Perfect Storm for an EV RevoltWith constant talk about Artifical Intelligence, inflation, and the upcoming election clogging the airwaves... Not many people realize there’s a "perfect storm" for profits unfolding in the auto industry - today. Or that cars and trucks are actually the world’s biggest business. September 20, 2024 | Eagle Publishing (Ad)Reviewing Veeva Systems (NYSE:VEEV) and Varonis Systems (NASDAQ:VRNS)September 20 at 1:41 AM | americanbankingnews.comFaro Health Joins Veeva Product Partner ProgramSeptember 18 at 8:02 PM | finance.yahoo.comAnalyst Issues Sell Rating for Veeva Systems Ahead of Dreamforce Conference Amid Market Volatility ConcernsSeptember 16, 2024 | markets.businessinsider.comWhy Veeva Systems' (NYSE:VEEV) Earnings Are Better Than They SeemSeptember 16, 2024 | finance.yahoo.comVeeva Systems Inc. (VEEV): A Bull Case TheorySeptember 15, 2024 | msn.comSee More Headlines 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 stock has increased by 11.6% and is now trading at $214.81. View the best growth stocks for 2024 here. How were Veeva Systems' earnings last quarter? Veeva Systems Inc. (NYSE:VEEV) announced its quarterly earnings data on Wednesday, December, 6th. The technology company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.29 by $0.05. The firm's revenue for the quarter was up 11.6% compared to the same quarter last year. 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). Company Calendar Last Earnings12/06/2023Today9/20/2024Next Earnings (Estimated)12/04/2024Fiscal 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$229.96 High Stock Price Target$273.00 Low Stock Price Target$173.00 Potential Upside/Downside+7.6%Consensus RatingModerate Buy Rating Score (0-4)2.61 Research Coverage23 Analysts Profitability EPS (Most Recent Fiscal Year)$3.39 Trailing P/E Ratio63.05 Forward P/E Ratio50.89 P/E Growth2.12Net Income$525.71 million Net Margins23.91% Pretax Margin30.51% Return on Equity13.30% Return on Assets10.74% Debt Debt-to-Equity RatioN/A Current Ratio5.01 Quick Ratio5.01 Sales & Book Value Annual Sales$2.36 billion Price / Sales14.64 Cash Flow$3.44 per share Price / Cash Flow62.22 Book Value$32.02 per share Price / Book6.68Miscellaneous Outstanding Shares161,930,000Free Float144,679,000Market Cap$34.61 billion OptionableOptionable Beta0.81 Social Links Should I Buy Veeva Systems Stock? VEEV Pros and Cons Explained 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 Thursday, September 19, 2024. Please send any questions or comments about these Veeva Systems pros and cons to contact@marketbeat.com. Veeva Systems Bull Case Here are some ways that investors could benefit from investing in Veeva Systems Inc.: Veeva Systems Inc. has a market capitalization of $35.55 billion, indicating a strong position in the market. Recent insider transactions show company insiders owning 10.50% of the company's stock, reflecting confidence in the company's future. Analysts have given Veeva Systems Inc. a consensus rating of "Moderate Buy" with an average price target of $229.96, suggesting potential for growth. Veeva Systems Inc. stock price has shown resilience, with a 52-week high of $236.90, indicating positive investor sentiment. The company provides cloud-based software for the life sciences industry, a sector with high growth potential and demand for innovative solutions. Veeva Systems Bear Case Investors should be bearish about investing in Veeva Systems Inc. for these reasons: Veeva Systems Inc. stock traded down 1.8% recently, indicating short-term volatility in the market. The P/E ratio of 66.05 and P/E/G ratio of 2.11 may suggest the stock is currently overvalued, potentially leading to a correction. While analysts have given positive ratings, one equities research analyst has rated the stock with a sell rating, indicating some skepticism in the market. The 50-day simple moving average of $194.68 is below the current stock price, signaling a possible short-term bearish trend. Investors should consider the beta of 0.81, which indicates the stock's sensitivity to market movements compared to the overall market. 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