On Tuesday, Veeva Systems Inc (NYSE: VEEV) was -3.32% drop from the session before settling in for the closing price of $239.64. A 52-week range for VEEV has been $170.25 – $258.93.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 20.27%. When this article was written, the company’s average yearly earnings per share was at 10.48%. With a float of $147.88 million, this company’s outstanding shares have now reached $162.35 million.
Let’s determine the extent of company efficiency that accounts for 7172 employees. In terms of profitability, gross margin is 74.53%, operating margin of 25.17%, and the pretax margin is 33.47%.
Veeva Systems Inc (VEEV) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veeva Systems Inc stocks. The insider ownership of Veeva Systems Inc is 8.92%, while institutional ownership is 80.78%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.55% during the next five years compared to 17.83% growth over the previous five years of trading.
Veeva Systems Inc (NYSE: VEEV) Trading Performance Indicators
You can see what Veeva Systems Inc (VEEV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 6.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.69. Likewise, its price to free cash flow for the trailing twelve months is 35.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.33, a number that is poised to hit 1.74 in the next quarter and is forecasted to reach 8.07 in one year’s time.
Technical Analysis of Veeva Systems Inc (VEEV)
Looking closely at Veeva Systems Inc (NYSE: VEEV), its last 5-days average volume was 2.49 million, which is a jump from its year-to-date volume of 1.2 million. As of the previous 9 days, the stock’s Stochastic %D was 76.10%. Additionally, its Average True Range was 8.47.
During the past 100 days, Veeva Systems Inc’s (VEEV) raw stochastic average was set at 46.97%, which indicates a significant decrease from 53.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.25% in the past 14 days, which was higher than the 35.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $225.28, while its 200-day Moving Average is $210.05. However, in the short run, Veeva Systems Inc’s stock first resistance to watch stands at $235.83. Second resistance stands at $239.99. The third major resistance level sits at $242.47. If the price goes on to break the first support level at $229.20, it is likely to go to the next support level at $226.72. Should the price break the second support level, the third support level stands at $222.56.
Veeva Systems Inc (NYSE: VEEV) Key Stats
There are 162,350K outstanding shares of the company, which has a market capitalization of 37.61 billion. As of now, sales total 2,747 M while income totals 714,140 K. Its latest quarter income was 720,890 K while its last quarter net income were 195,630 K.
