In the past week, VEEV stock has gone down by -3.97%, with a monthly gain of 0.39% and a quarterly surge of 6.00%. The volatility ratio for the week is 3.62%, and the volatility levels for the last 30 days are 3.09% for Veeva Systems Inc The simple moving average for the past 20 days is -5.49% for VEEV’s stock, with a 5.08% simple moving average for the past 200 days.
Is It Worth Investing in Veeva Systems Inc (NYSE: VEEV) Right Now?
The price-to-earnings ratio for Veeva Systems Inc (NYSE: VEEV) is above average at 53.72x, Company’s 36-month beta value is 0.83.Analysts have differing opinions on the stock, with 12 analysts rating it as a “buy,” 9 as “overweight,” 11 as “hold,” and 1 as “sell.”
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The public float for VEEV is 147.85M, and currently, short sellers hold a 1.37% ratio of that floaft. The average trading volume of VEEV on December 26, 2024 was 1.05M shares.
VEEV) stock’s latest price update
The stock of Veeva Systems Inc (NYSE: VEEV) has decreased by -3.32 when compared to last closing price of 224.89. Despite this, the company has experienced a -3.97% fall in its stock price over the last five trading sessions. https://thefly.com reported 2024-12-19 that Stephens analyst Jeff Garro initiated coverage of Veeva with an Overweight rating and $280 price target. The company’s sales growth stabilizing in the mid-teens, a return to 40%-plus EBITDA margins, and positive early feedback on the Vault transition have the shares delivering a strong share price performance over the last six months, the analyst tells investors in a research note. The firm says that relative to its own historical valuation multiple, Veeva is trading well below its 10-year average. It believes the company’s next leg of growth through the new markets plan has potential to push the multiple back toward its 10-year average.
Analysts’ Opinion of VEEV
Many brokerage firms have already submitted their reports for VEEV stocks, with Stephens repeating the rating for VEEV by listing it as a “Overweight.” The predicted price for VEEV in the upcoming period, according to Stephens is $280 based on the research report published on December 20, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see VEEV reach a price target of $275. The rating they have provided for VEEV stocks is “Outperform” according to the report published on December 04th, 2024.
Scotiabank gave a rating of “Sector Perform” to VEEV, setting the target price at $235 in the report published on November 19th of the current year.
VEEV Trading at -2.54% 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 -16.03% of loss for the given period.
Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 3.62%, as shares sank -4.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.33% upper at present.
During the last 5 trading sessions, VEEV fell by -3.97%, which changed the moving average for the period of 200-days by -4.53% in comparison to the 20-day moving average, which settled at $230.07. In addition, Veeva Systems Inc saw 12.94% 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 VEEV starting from Faddis Jonathan, who sale 1,694 shares at the price of $230.30 back on Dec 04 ’24. After this action, Faddis Jonathan now owns 8,061 shares of Veeva Systems Inc, valued at $390,128 using the latest closing price.
Faddis Jonathan, the Officer of Veeva Systems Inc, proposed sale 1,694 shares at $230.30 during a trade that took place back on Dec 04 ’24, which means that Faddis Jonathan is holding shares at $390,128 based on the most recent closing price.
Stock Fundamentals for VEEV
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.74 for the gross margin
The net margin for Veeva Systems Inc stands at 0.25. The total capital return value is set at 0.11. Equity return is now at value 13.48, with 11.40 for asset returns.
Based on Veeva Systems Inc (VEEV), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 15.04.
Currently, EBITDA for the company is 461.96 million with net debt to EBITDA at -1.46. When we switch over and look at the enterprise to sales, we see a ratio of 12.87. The receivables turnover for the company is 8.82for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.36.
Conclusion
In a nutshell, Veeva Systems Inc (VEEV) has experienced a better performance in recent times. The stock has received mixed “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.
