On Tuesday, Varonis Systems Inc (NASDAQ: VRNS) was -0.40% drop from the session before settling in for the closing price of $50.11. A 52-week range for VRNS has been $39.67 – $60.58.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 13.86%. When this article was written, the company’s average yearly earnings per share was at -25.97%. With a float of $108.26 million, this company’s outstanding shares have now reached $109.10 million.
The extent of productivity of a business whose workforce counts for 2233 workers is very important to gauge. In terms of profitability, gross margin is 84.06%, operating margin of -20.44%, and the pretax margin is -13.33%.
Varonis Systems Inc (VRNS) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Varonis Systems Inc stocks. The insider ownership of Varonis Systems Inc is 3.74%, while institutional ownership is 100.55%. The most recent insider transaction that took place on Nov 13 ’24, was worth 4,905,444. In this transaction CFO and COO of this company sold 91,345 shares at a rate of $53.70, taking the stock ownership to the 504,598 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Officer proposed sale 91,345 for $53.71, making the entire transaction worth $4,905,884.
Varonis Systems Inc (VRNS) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.27 earnings per share (EPS) during the time that was better than consensus figure (set at 0.23) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to -23.01% drop over the previous five years of trading.
Varonis Systems Inc (NASDAQ: VRNS) Trading Performance Indicators
You can see what Varonis Systems Inc (VRNS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.27. Likewise, its price to free cash flow for the trailing twelve months is 57.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.31 in one year’s time.
Technical Analysis of Varonis Systems Inc (VRNS)
The latest stats from [Varonis Systems Inc, VRNS] show that its last 5-days average volume of 1.8 million was superior to 1.37 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 26.25%. Additionally, its Average True Range was 1.52.
During the past 100 days, Varonis Systems Inc’s (VRNS) raw stochastic average was set at 30.19%, which indicates a significant increase from 22.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.43% in the past 14 days, which was lower than the 40.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.83, while its 200-day Moving Average is $49.83. Now, the first resistance to watch is $50.42. This is followed by the second major resistance level at $50.93. The third major resistance level sits at $51.41. If the price goes on to break the first support level at $49.43, it is likely to go to the next support level at $48.95. Assuming the price breaks the second support level, the third support level stands at $48.44.
Varonis Systems Inc (NASDAQ: VRNS) Key Stats
There are 112,471K outstanding shares of the company, which has a market capitalization of 5.61 billion. As of now, sales total 499,160 K while income totals -100,920 K. Its latest quarter income was 148,070 K while its last quarter net income were -18,330 K.
