Veeva Systems Inc. (NYSE:VEEV) went up by 4.55% from its latest closing price compared to the recent 1-year high of $343.96. The company’s stock price has collected 5.93% of gains in the last five trading sessions. Press Release reported 15 hours ago that Veeva Vault CDMS Delivers Agility and Speed for Oncology Trials
Is It Worth Investing in Veeva Systems Inc. (NYSE :VEEV) Right Now?
Veeva Systems Inc. (NYSE:VEEV) scored a price-to-earnings ratio above its average ratio, recording 108.18 x from its present earnings ratio. Plus, the 36-month beta value for VEEV is at 0.76. Opinions of the stock are interesting as 13 analysts out of 23 who provided ratings for Veeva Systems Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $343.26, which is $45.33 above the current price. VEEV currently public float of 137.60M and currently shorts hold a 1.17% ratio of that float. Today, the average trading volume of VEEV was 706.13K shares.
VEEV’s Market Performance
VEEV stocks went up by 5.93% for the week, with a monthly drop of -0.00% and a quarterly performance of -4.45%, while its annual performance rate touched -3.10%. The volatility ratio for the week stands at 2.39% while the volatility levels for the past 30 days are set at 2.10% for Veeva Systems Inc.. The simple moving average for the period of the last 20 days is 2.68% for VEEV stocks with a simple moving average of 2.68% for the last 200 days.
Analysts’ Opinion of VEEV
Many brokerage firms have already submitted their reports for VEEV stocks, with Stifel repeating the rating for VEEV by listing it as a “Buy.” The predicted price for VEEV in the upcoming period, according to Stifel is $335 based on the research report published on October 01st of the current year 2021.
UBS, on the other hand, stated in their research note that they expect to see VEEV reach a price target of $320, previously predicting the price at $270. The rating they have provided for VEEV stocks is “Neutral” according to the report published on September 02nd, 2021.
Needham gave a rating of “Buy” to VEEV, setting the target price at $385 in the report published on September 02nd of the current year.
VEEV Trading at -3.36% from the 50-Day Moving Average
After a stumble in the market that brought VEEV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.07% of loss for the given period.
Volatility was left at 2.10%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares sank -0.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.55% lower at present.
During the last 5 trading sessions, VEEV rose by +5.93%, which changed the moving average for the period of 200-days by +8.61% in comparison to the 20-day moving average, which settled at $291.16. In addition, Veeva Systems Inc. saw 9.83% 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 VEEV starting from MATEO ALAN, who sale 2,347 shares at the price of $285.90 back on Oct 11. After this action, MATEO ALAN now owns 3,661 shares of Veeva Systems Inc., valued at $671,007 using the latest closing price.
Wallach Matthew J, the Director of Veeva Systems Inc., sale 5,000 shares at $286.70 during a trade that took place back on Oct 07, which means that Wallach Matthew J is holding 1,703 shares at $1,433,480 based on the most recent closing price.
Stock Fundamentals for VEEV
Current profitability levels for the company are sitting at:
- +25.79 for the present operating margin
- +71.09 for the gross margin
The net margin for Veeva Systems Inc. stands at +25.94. The total capital return value is set at 18.66, while invested capital returns managed to touch 18.87. Equity return is now at value 18.00, with 13.90 for asset returns.
Based on Veeva Systems Inc. (VEEV), the company’s capital structure generated 2.79 points at debt to equity in total, while total debt to capital is 2.71. Total debt to assets is 2.07, with long-term debt to equity ratio resting at 2.27. Finally, the long-term debt to capital ratio is 2.21.
When we switch over and look at the enterprise to sales, we see a ratio of 29.24, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 2.83 and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.23.