Veeva Systems Inc (NYSE: VEEV) is -3.67% lower on its value in year-to-date trading and has touched a low of $162.72 and a high of $236.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VEEV stock was last observed hovering at around $182.25 in the last trading session, with the day’s gains setting it 3.21%.
Currently trading at $185.46, the stock is -0.67% and 0.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 1.76% at the moment leaves the stock -6.41% off its SMA200. VEEV registered -4.40% loss for a year compared to 6-month loss of -13.56%.
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The stock witnessed a 1.89% gain in the last 1 month and extending the period to 3 months gives it a -8.08%, and is -1.95% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.34% over the week and 2.58% over the month.
Veeva Systems Inc (VEEV) has around 7172 employees, a market worth around $29.98B and $2.49B in sales. Current P/E ratio is 54.70 and Fwd P/E is 27.31. Profit margin for the company is 22.34%. Distance from 52-week low is 13.97% and -21.71% from its 52-week high. The company has generated returns on investments over the last 12 months (11.26%).
The EPS is expected to grow by 27.35% this year
The shares outstanding are 161.26M, and float is at 147.21M with Short Float at 1.42%.
Veeva Systems Inc (VEEV) Insider Activity
The most recent transaction is an insider sale by Cabral Timothy S, the company’s Interim CFO. SEC filings show that Cabral Timothy S sold 15,000 shares of the company’s common stock on Jun 07 ’24 at a price of $184.33 per share for a total of $2.76 million. Following the sale, the insider now owns 8391.0 shares.
Veeva Systems Inc disclosed in a document filed with the SEC on Apr 23 ’24 that MATEO ALAN (EVP Global Sales) sold a total of 3,391 shares of the company’s common stock. The trade occurred on Apr 23 ’24 and was made at $200.86 per share for $0.68 million. Following the transaction, the insider now directly holds 21983.0 shares of the VEEV stock.
Still, SEC filings show that on Apr 15 ’24, Faddis Jonathan (SVP, Gen. Counsel, Secretary) disposed off 3,598 shares at an average price of $207.42 for $0.75 million. The insider now directly holds 10,668 shares of Veeva Systems Inc (VEEV).
