Veeva Systems Inc (NYSE: VEEV) kicked off on Tuesday, up 1.02% from the previous trading day, before settling in for the closing price of $199.06. Over the past 52 weeks, VEEV has traded in a range of $160.21-$236.90.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 22.64%. While this was happening, its average annual earnings per share was recorded 26.99%. With a float of $146.99 million, this company’s outstanding shares have now reached $161.26 million.
Considering the fact that the conglomerate employs 7172 people, you should pay attention to its efficiency factor.
Veeva Systems Inc (VEEV) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of Veeva Systems Inc is 8.92%, while institutional ownership is 80.11%. The most recent insider transaction that took place on Apr 23 ’24, was worth 681,116. In this transaction EVP Global Sales of this company sold 3,391 shares at a rate of $200.86, taking the stock ownership to the 21,983 shares. Before that another transaction happened on Apr 15 ’24, when Company’s SVP, Gen. Counsel, Secretary sold 3,598 for $207.42, making the entire transaction worth $746,297. This insider now owns 10,668 shares in total.
Veeva Systems Inc (VEEV) Earnings and Forecasts
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
Take a look at Veeva Systems Inc’s (VEEV) current performance indicators. Last quarter, 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 13.73. Likewise, its price to free cash flow for the trailing twelve months is 36.66.
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)
Compared to the last year’s volume of 0.98 million, its volume of 0.85 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.01%. Additionally, its Average True Range was 4.77.
During the past 100 days, Veeva Systems Inc’s (VEEV) raw stochastic average was set at 50.13%, which indicates a significant increase from 22.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.44% in the past 14 days, which was lower than the 25.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $220.18, while its 200-day Moving Average is $202.47. Nevertheless, the first resistance level for the watch stands at $204.05 in the near term. At $206.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $208.59. If the price goes on to break the first support level at $199.51, it is likely to go to the next support level at $197.91. Should the price break the second support level, the third support level stands at $194.97.
Veeva Systems Inc (NYSE: VEEV) Key Stats
The company with the Market Capitalisation of 32.45 billion has total of 161,317K Shares Outstanding. Its annual sales at the moment are 2,364 M in contrast with the sum of 525,710 K annual income. Company’s last quarter sales were recorded 630,620 K and last quarter income was 147,400 K.
