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Veeva Systems (VEEV)
NYSE:VEEV
Veeva Systems (VEEV) Stock Price & Analysis
4,109 Followers
VEEV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$162.72 - $236.90
Previous Close$181.67
Volume710.83K
Average Volume (3M)1.04M
Market Cap
$29.37B
Enterprise Value$24.66B
Total Cash (Recent Filing)$4.77B
Total Debt (Recent Filing)$55.74M
Price to Earnings (P/E)53.6
Beta1.55
Next Earnings
Aug 28, 2024EPS Estimate
$1.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.39
Shares Outstanding161,651,713
10 Day Avg. Volume1,136,228
30 Day Avg. Volume1,038,110
Standard Deviation0.09
R-Squared0.21
Alpha-0.00370
Financial Highlights & Ratios
Price to Book (P/B)6.81
Price to Sales (P/S)45.95
Price to Cash Flow (P/CF)9.80
P/FCF Ratio9.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.35
Enterprise Value/Gross Profit14.62
Enterprise Value/Ebitda40.59
Forecast
1Y Price Target
$217.65Price Target Upside19.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Veeva Systems News
PremiumCompany Announcements
Veeva Systems Incentivizes CEO, Retains Key Director Amid Growth
PremiumThe Fly
Veeva falls -9.2%
PremiumThe Fly
Veeva falls -6.3%
Bulls Say, Bears Say
Bulls Say
Financial PerformanceVeeva reported solid first-quarter results, outperforming expectations across the board.
Market PositionThe strategic nature of core system software provided by Veeva is likely to remain a mission-critical enabler of future AI capabilities for life sciences enterprises.
Product DevelopmentVault Basics gives Veeva access to small biotech companies that they didn’t have access to before.
Bears Say
Macro ChallengesIncremental macro headwinds are driving challenges in the R&D segment with top 50 biopharma and SMB customers delaying deals or scaling back operations.
Management And ExecutionRecent management changes introduce some execution risk.
Revenue GuidanceVeeva did cut its full-year revenue guidance by about $30M and billings by $35M, which was mostly attributable to services revenue and incremental FX headwinds.
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Ownership Overview
9.90% Insiders
31.00% Mutual Funds
13.72% Other Institutional Investors
45.38% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VEEV FAQ
What was Veeva Systems’s price range in the past 12 months?
Veeva Systems lowest stock price was $162.72 and its highest was $236.90 in the past 12 months.
What is Veeva Systems’s market cap?
Currently, no data Available
When is Veeva Systems’s upcoming earnings report date?
Veeva Systems’s upcoming earnings report date is Aug 28, 2024 which is in 56 days.
How were Veeva Systems’s earnings last quarter?
Veeva Systems released its earnings results on May 30, 2024. The company reported $1.5 earnings per share for the quarter, beating the consensus estimate of $1.425 by $0.075.
Is Veeva Systems overvalued?
According to Wall Street analysts Veeva Systems’s price is currently Undervalued.
Does Veeva Systems pay dividends?
Veeva Systems does not currently pay dividends.
What is Veeva Systems’s EPS estimate?
Veeva Systems’s EPS estimate is $1.53.
How many shares outstanding does Veeva Systems have?
Veeva Systems has 161,651,720 shares outstanding.
What happened to Veeva Systems’s price movement after its last earnings report?
Veeva Systems reported an EPS of $1.5 in its last earnings report, beating expectations of $1.425. Following the earnings report the stock price went down -10.268%.
Which hedge fund is a major shareholder of Veeva Systems?
Among the largest hedge funds holding Veeva Systems’s share is Matrix Capital Management Company, LP. It holds Veeva Systems’s shares valued at 116M.
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Veeva Systems Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$217.65 (19.03% Upside)
$217.65 (19.03% Upside)
Blogger Sentiment
Bullish
VEEV Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 655.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.12%
12-Months-Change
Fundamentals
Return on Equity
12.59%
Trailing 12-Months
Asset Growth
23.18%
Trailing 12-Months
Company Description
Veeva Systems
Founded in 2007 and headquartered in California, Veeva Systems, Inc. is a leader in cloud-based software for the global life sciences industry. Its solutions are focused on pharmaceutical and life sciences industry applications.
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VEEV Company Deck
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VEEV Earnings Call
Q1 2024
0:00 / 0:00
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VEEV Revenue Breakdown
52.13% Commercial Solutions
47.87% R&D Solutions
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VEEV Stock 12 Month Forecast
Average Price Target
$217.65
▲(19.03% Upside)
Technical Analysis
Best Analysts Covering VEEV
1 Year
1 Year Success Rate
20/31 ratings generated profit
1 Year Average Return
+11.40%
reiterated a buy rating 13 days ago
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