Veeva Systems Inc (NYSE: VEEV) kicked off on Friday, up 8.11% from the previous trading day, before settling in for the closing price of $231.66. Over the past 52 weeks, VEEV has traded in a range of $165.12-$240.68.
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A company in the Healthcare sector has jumped its sales by 22.64% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 32.75%. With a float of $147.47 million, this company’s outstanding shares have now reached $161.93 million.
In an organization with 7172 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 73.79%, operating margin of 24.03%, and the pretax margin is 32.26%.
Veeva Systems Inc (VEEV) Insider and Institutional Ownership
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 8.94%, while institutional ownership is 79.76%. The most recent insider transaction that took place on Dec 04 ’24, was worth 390,128. In this transaction SVP, Gen. Counsel, Secretary of this company sold 1,694 shares at a rate of $230.30, taking the stock ownership to the 8,061 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Officer proposed sale 1,694 for $230.30, making the entire transaction worth $390,128.
Veeva Systems Inc (VEEV) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 32.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% 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 5.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 16.51. Likewise, its price to free cash flow for the trailing twelve months is 45.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.05, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 6.94 in one year’s time.
Technical Analysis of Veeva Systems Inc (VEEV)
Let’s dig in a bit further. During the last 5-days, its volume was 1.73 million. That was better than the volume of 0.97 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 83.89%. Additionally, its Average True Range was 7.66.
During the past 100 days, Veeva Systems Inc’s (VEEV) raw stochastic average was set at 89.60%, which indicates a significant increase from 83.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.39% in the past 14 days, which was higher than the 32.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $217.98, while its 200-day Moving Average is $206.68. However, in the short run, Veeva Systems Inc’s stock first resistance to watch stands at $256.79. Second resistance stands at $263.12. The third major resistance level sits at $267.32. If the price goes on to break the first support level at $246.26, it is likely to go to the next support level at $242.06. The third support level lies at $235.73 if the price breaches the second support level.
Veeva Systems Inc (NYSE: VEEV) Key Stats
The company with the Market Capitalisation of 43.85 billion has total of 161,934K 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 676,180 K and last quarter income was 171,040 K.
