A new trading day began on Tuesday, with Veeva Systems Inc (NYSE: VEEV) stock price down -0.62% from the previous day of trading, before settling in for the closing price of $201.62. VEEV’s price has ranged from $160.21 to $236.90 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 22.64% over the last five years. Meanwhile, its annual earnings per share averaged 26.99%. With a float of $146.92 million, this company’s outstanding shares have now reached $161.26 million.
The firm has a total of 7172 workers. Let’s measure their productivity.
Veeva Systems Inc (VEEV) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Veeva Systems Inc is 8.92%, while institutional ownership is 80.19%. The most recent insider transaction that took place on Apr 15 ’24, was worth 746,297. In this transaction SVP, Gen. Counsel, Secretary of this company sold 3,598 shares at a rate of $207.42, taking the stock ownership to the 10,668 shares. Before that another transaction happened on Mar 07 ’24, when Company’s Director sold 15,000 for $226.04, making the entire transaction worth $3,390,657. This insider now owns 23,391 shares in total.
Veeva Systems Inc (VEEV) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.95% during the next five years compared to 16.91% growth over the previous five years of trading.
Veeva Systems Inc (NYSE: VEEV) Trading Performance Indicators
Here are Veeva Systems Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.68. Likewise, its price to free cash flow for the trailing twelve months is 36.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.22, a number that is poised to hit 1.42 in the next quarter and is forecasted to reach 6.83 in one year’s time.
Technical Analysis of Veeva Systems Inc (VEEV)
Analysing the last 5-days average volume posted by the [Veeva Systems Inc, VEEV], we can find that recorded value of 1.08 million was better than the volume posted last year of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 4.81%. Additionally, its Average True Range was 4.93.
During the past 100 days, Veeva Systems Inc’s (VEEV) raw stochastic average was set at 49.11%, which indicates a significant increase from 2.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.38% in the past 14 days, which was higher than the 25.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $221.44, while its 200-day Moving Average is $202.40. Now, the first resistance to watch is $202.12. This is followed by the second major resistance level at $203.87. The third major resistance level sits at $205.15. If the price goes on to break the first support level at $199.08, it is likely to go to the next support level at $197.80. Should the price break the second support level, the third support level stands at $196.05.
Veeva Systems Inc (NYSE: VEEV) Key Stats
With a market capitalization of 32.32 billion, the company has a total of 161,317K Shares Outstanding. Currently, annual sales are 2,364 M while annual income is 525,710 K. The company’s previous quarter sales were 630,620 K while its latest quarter income was 147,400 K.
