Varonis Systems Inc. (NASDAQ:VRNS) went up by 4.95% from its latest closing price compared to the recent 1-year high of $75.33. The company’s stock price has collected -3.20% of loss in the last five trading sessions. Press Release reported on 10/11/21 that Varonis Announces Date of Third Quarter 2021 Financial Results
Is It Worth Investing in Varonis Systems Inc. (NASDAQ :VRNS) Right Now?
Plus, the 36-month beta value for VRNS is at 1.20. Opinions of the stock are interesting as 17 analysts out of 20 who provided ratings for Varonis Systems Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $73.42, which is $13.58 above the current price. VRNS currently public float of 105.63M and currently shorts hold a 6.01% ratio of that float. Today, the average trading volume of VRNS was 731.95K shares.
VRNS’s Market Performance
VRNS stocks went down by -3.20% for the week, with a monthly drop of -11.64% and a quarterly performance of 5.27%, while its annual performance rate touched 42.21%. The volatility ratio for the week stands at 5.06% while the volatility levels for the past 30 days are set at 3.66% for Varonis Systems Inc.. The simple moving average for the period of the last 20 days is -6.94% for VRNS stocks with a simple moving average of 3.26% for the last 200 days.
Analysts’ Opinion of VRNS
Many brokerage firms have already submitted their reports for VRNS stocks, with Wells Fargo repeating the rating for VRNS by listing it as a “Equal Weight.” The predicted price for VRNS in the upcoming period, according to Wells Fargo is $66 based on the research report published on October 05th of the current year 2021.
Wolfe Research, on the other hand, stated in their research note that they expect to see VRNS reach a price target of $80. The rating they have provided for VRNS stocks is “Outperform” according to the report published on August 06th, 2021.
Cowen gave a rating of “Outperform” to VRNS, setting the target price at $55 in the report published on May 27th of the current year.
VRNS Trading at -5.72% from the 50-Day Moving Average
After a stumble in the market that brought VRNS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.42% of loss for the given period.
Volatility was left at 3.66%, however, over the last 30 days, the volatility rate increased by 5.06%, as shares sank -11.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.71% lower at present.
During the last 5 trading sessions, VRNS fell by -3.20%, which changed the moving average for the period of 200-days by +5.74% in comparison to the 20-day moving average, which settled at $64.04. In addition, Varonis Systems Inc. saw 9.93% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at VRNS starting from Segev Ofer, who sale 1,500 shares at the price of $61.43 back on Oct 05. After this action, Segev Ofer now owns 73,302 shares of Varonis Systems Inc., valued at $92,141 using the latest closing price.
O’Boyle James, the SVP of Worldwide Sales of Varonis Systems Inc., sale 104,823 shares at $68.75 during a trade that took place back on Sep 17, which means that O’Boyle James is holding 305,218 shares at $7,206,946 based on the most recent closing price.
Stock Fundamentals for VRNS
Current profitability levels for the company are sitting at:
- -26.79 for the present operating margin
- +84.88 for the gross margin
The net margin for Varonis Systems Inc. stands at -32.12. The total capital return value is set at -30.30, while invested capital returns managed to touch -36.32. Equity return is now at value -32.20, with -13.70 for asset returns.
Based on Varonis Systems Inc. (VRNS), the company’s capital structure generated 290.21 points at debt to equity in total, while total debt to capital is 74.37. Total debt to assets is 49.15, with long-term debt to equity ratio resting at 290.21. Finally, the long-term debt to capital ratio is 74.37.
When we switch over and look at the enterprise to sales, we see a ratio of 17.49, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 3.40 and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.22.