Varonis Systems Inc (VRNS) Stock: A Value Analysis

Moreover, the 36-month beta value for VRNS is 0.83. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for VRNS is 104.50M and currently, short sellers hold a 6.29% of that float. On April 04, 2024, VRNS’s average trading volume was 1.26M shares.

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VRNS) stock’s latest price update

The stock price of Varonis Systems Inc (NASDAQ: VRNS) has surged by 2.02 when compared to previous closing price of 45.55, but the company has seen a -0.49% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-03 that Varonis (VRNS) unveils a cybersecurity solution for Microsoft’s Copilot platform to support the latter’s AI-driven tools before and after deployment.

VRNS’s Market Performance

Varonis Systems Inc (VRNS) has seen a -0.49% fall in stock performance for the week, with a -7.96% decline in the past month and a 4.38% surge in the past quarter. The volatility ratio for the week is 2.83%, and the volatility levels for the past 30 days are at 2.69% for VRNS. The simple moving average for the last 20 days is -4.29% for VRNS stock, with a simple moving average of 23.71% for the last 200 days.

Analysts’ Opinion of VRNS

Many brokerage firms have already submitted their reports for VRNS stocks, with Wedbush repeating the rating for VRNS by listing it as a “Outperform.” The predicted price for VRNS in the upcoming period, according to Wedbush is $65 based on the research report published on February 06, 2024 of the current year 2024.

DA Davidson, on the other hand, stated in their research note that they expect to see VRNS reach a price target of $45, previously predicting the price at $37. The rating they have provided for VRNS stocks is “Neutral” according to the report published on January 18th, 2024.

Susquehanna gave a rating of “Positive” to VRNS, setting the target price at $55 in the report published on December 15th of the previous year.

VRNS Trading at -3.86% 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 -12.12% of loss for the given period.

Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 2.83%, as shares sank -4.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.24% upper at present.

During the last 5 trading sessions, VRNS fell by -0.49%, which changed the moving average for the period of 200-days by +71.29% in comparison to the 20-day moving average, which settled at $48.44. In addition, Varonis Systems Inc saw 2.63% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at VRNS starting from Iohan Gili, who sale 19,500 shares at the price of $50.54 back on Feb 29 ’24. After this action, Iohan Gili now owns 19,263 shares of Varonis Systems Inc, valued at $985,530 using the latest closing price.

Kess Avrohom J., the Director of Varonis Systems Inc, purchase 230 shares at $51.75 during a trade that took place back on Feb 12 ’24, which means that Kess Avrohom J. is holding 23,262 shares at $11,902 based on the most recent closing price.

Stock Fundamentals for VRNS

Current profitability levels for the company are sitting at:

  • -0.23 for the present operating margin
  • 0.86 for the gross margin

The net margin for Varonis Systems Inc stands at -0.19. The total capital return value is set at -0.15. Equity return is now at value -20.35, with -9.40 for asset returns.

Based on Varonis Systems Inc (VRNS), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 15.08.

Currently, EBITDA for the company is -117.22 million with net debt to EBITDA at -0.75. When we switch over and look at the enterprise to sales, we see a ratio of 10.32. The receivables turnover for the company is 2.71for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.

Conclusion

To wrap up, the performance of Varonis Systems Inc (VRNS) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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