The Street Is Finally Waking Up To Veeva Systems Inc (NYSE: VEEV)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Veeva to Release Fiscal 2024 Fourth Quarter and Full Year Results on February 29, 2024.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

Stocks Info

Veeva Systems Inc is listed on the NYSE as a member of the Healthcare sector and is a part of the Health Information Services industry. At the end of the last regular session, the stock closed at $215.39 and fluctuated between $217.69 as its day high and $213.60 as its day low. The current market capitalization of Veeva Systems Inc is $34.68B. A total of 0.78 million shares were traded on the day, compared to an average of 1.32M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, VEEV has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 59 BUYs and 56 SELLs from insiders. Insiders purchased 14,434,357 shares during that period but sold 105,363.

In the most recent transaction, Wallach Matthew J sold 5,000 shares of VEEV for 203.43 per share on Feb 05. After the transaction, the Director now owns 104,025 company shares. In a previous transaction on Jan 22, Schwenger Thomas D. sold 1,238 shares at 210.02 per share. VEEV shares that President and COO owns now total 24,342.

Among the insiders who sold shares, MATEO ALAN disposed of 910 shares on Jan 17 at a per-share price of $204.72. This resulted in the EVP Global Sales holding 21,983 shares of VEEV after the transaction. In another insider transaction, Zuppas Eleni Nitsa sold 3,000 shares at $204.75 per share on Jan 12. Company shares held by the Chief Marketing Officer now total 19,057.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for VEEV in the last 3 months, the mean price target is $211.12 with high estimates of $250.00 and low estimates of $160.00. In terms of 52-week highs and lows, VEEV has a high of $225.49 and a low of $160.21.

As of this writing, VEEV has an earnings estimate of $1.3 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $1.32 per share and a lower estimate of $1.28. The company reported an EPS of $1.21 in the last quarter, which was 7.10% higher than expectations of $1.13.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. VEEV’s latest balance sheet shows that the firm has $2.38B in Cash & Short Term Investments as of fiscal 2022. There were $54.59M in debt and $840.78M in liabilities at the time. Its Book Value Per Share was $27.21, while its Total Shareholder’s Equity was $2.91B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VEEV is Buy with a score of 4.17.

Most Popular

Related Posts