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Varonis Systems (VRNS)
NASDAQ:VRNS
Varonis Systems (VRNS) Stock Price & Analysis
742 Followers
VRNS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.66 - $52.88
Previous Close$43.13
Volume850.71K
Average Volume (3M)1.03M
Market Cap
$4.81B
Enterprise Value$4.63B
Total Cash (Recent Filing)$483.92M
Total Debt (Recent Filing)$301.79M
Price to Earnings (P/E)-45.9
Beta1.65
Next Earnings
Jul 29, 2024EPS Estimate
-$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.94
Shares Outstanding111,503,210
10 Day Avg. Volume1,280,807
30 Day Avg. Volume1,029,003
Standard Deviation0.13
R-Squared0.12
Alpha0.00976
Financial Highlights & Ratios
Price to Book (P/B)10.34
Price to Sales (P/S)9.63
Price to Cash Flow (P/CF)115.10
P/FCF Ratio145.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.79
Enterprise Value/Gross Profit10.83
Enterprise Value/Ebitda-127.82
Forecast
1Y Price Target
$52.29Price Target Upside21.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Varonis Systems News
Bulls Say, Bears Say
Bulls Say
Financial Performance & ForecastAnalyst's ARR guidance for the fiscal year raised above consensus estimates, reflecting confidence in the company's growth trajectory.
Product Launch Success & Market ReceptionThe new MDDR service launched last quarter is described as a game-changer, suggesting innovation and positive market reception.
Strategic PositioningSaaS products and MDDR resonating well in a budget-constrained climate due to their faster time to value and lower upfront costs.
Bears Say
Earnings GuidanceManagement guided Q2 below expectations for revenue and operating income, indicating potential short-term financial challenges.
Product IntegrationThe Microsoft 365 Copilot integration has not yet impacted ARR, despite building a pipeline, showing potential delays in expected growth.
ProfitabilityGross margin dropped to 83.3%, reflecting some pressure on profitability.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
VRNS FAQ
What was Varonis Systems’s price range in the past 12 months?
Varonis Systems lowest stock price was $24.66 and its highest was $52.88 in the past 12 months.
What is Varonis Systems’s market cap?
Currently, no data Available
When is Varonis Systems’s upcoming earnings report date?
Varonis Systems’s upcoming earnings report date is Jul 29, 2024 which is in 70 days.
How were Varonis Systems’s earnings last quarter?
Varonis Systems released its earnings results on May 06, 2024. The company reported -$0.03 earnings per share for the quarter, beating the consensus estimate of -$0.093 by $0.063.
Is Varonis Systems overvalued?
According to Wall Street analysts Varonis Systems’s price is currently Undervalued.
Does Varonis Systems pay dividends?
Varonis Systems does not currently pay dividends.
What is Varonis Systems’s EPS estimate?
Varonis Systems’s EPS estimate is -$0.02.
How many shares outstanding does Varonis Systems have?
Varonis Systems has 111,503,210 shares outstanding.
What happened to Varonis Systems’s price movement after its last earnings report?
Varonis Systems reported an EPS of -$0.03 in its last earnings report, beating expectations of -$0.093. Following the earnings report the stock price went up 0.919%.
Which hedge fund is a major shareholder of Varonis Systems?
Among the largest hedge funds holding Varonis Systems’s share is Harvey Partners LLC. It holds Varonis Systems’s shares valued at 40M.
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Varonis Systems Stock Smart Score
Underperform
1
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5
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7
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$52.29 (21.24% Upside)
$52.29 (21.24% Upside)
Blogger Sentiment
Bullish
VRNS Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 343.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $12.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
79.63%
12-Months-Change
Fundamentals
Return on Equity
-22.09%
Trailing 12-Months
Asset Growth
4.19%
Trailing 12-Months
Company Description
Varonis Systems
Varonis Systems, Inc. engages in providing data security and analytics. It operates through the following segments: United States, EMEA, and Rest of the World. Its products includes datadvantage, data classification engine, data transport engine, Varonis edge, datanswers, datalert, dataprivilege, automation engine, and GDPR patterns. The company was founded by Yaki Faitelson and Ohad Korkus on November 3, 2004 and is headquartered in New York, NY.
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VRNS Company Deck
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VRNS Earnings Call
Q1 2024
0:00 / 0:00
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VRNS Revenue Breakdown
74.89% North America
21.95% EMEA
3.16% Rest of the World
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VRNS Stock 12 Month Forecast
Average Price Target
$52.29
▲(21.24% Upside)
Technical Analysis
Best Analysts Covering VRNS
1 Year
1 Year Success Rate
23/33 ratings generated profit
1 Year Average Return
+28.52%
reiterated a buy rating 3 months ago
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