At the time of writing, Veeva Systems Inc [VEEV] stock is trading at $250.45, up 8.11%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VEEV shares have gain 9.92% over the last week, with a monthly amount glided 15.71%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Veeva Systems Inc [NYSE: VEEV] stock has seen the most recent analyst activity on December 04, 2024, when Mizuho initiated its Outperform rating and assigned the stock a price target of $275. Previously, Scotiabank started tracking the stock with Sector Perform rating on November 19, 2024, and set its price target to $235. On October 08, 2024, Exane BNP Paribas initiated with a Outperform rating and assigned a price target of $286 on the stock. Citigroup reiterated its Buy rating and increased its price target to $273 on August 27, 2024. BTIG Research initiated its recommendation with a Buy and recommended $240 as its price target on July 09, 2024. Wells Fargo upgraded its rating to Overweight for this stock on October 25, 2023, and upped its price target to $229. In a note dated October 13, 2023, Jefferies initiated an Buy rating and provided a target price of $265 on this stock.
For the past year, the stock price of Veeva Systems Inc fluctuated between $165.12 and $240.68. Currently, Wall Street analysts expect the stock to reach $235.5 within the next 12 months. Veeva Systems Inc [NYSE: VEEV] shares were valued at $250.45 at the most recent close of the market. An investor can expect a potential drop of -5.97% based on the average VEEV price forecast.
Analyzing the VEEV fundamentals
According to Veeva Systems Inc [NYSE:VEEV], the company’s sales were 2.66B for trailing twelve months, which represents an 13.41% jump. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.13 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 246.26 points at the first support level, and at 242.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 256.79, and for the 2nd resistance point, it is at 263.12.
Ratios To Look Out For
It is important to note that Veeva Systems Inc [NYSE:VEEV] has a current ratio of 6.36. As well, the Quick Ratio is 5.01, while the Cash Ratio is 1.22. Considering the valuation of this stock, the price to sales ratio is 16.51, the price to book ratio is 7.82 and price to earnings (TTM) ratio is 61.82.
Transactions by insiders
Recent insider trading involved Faddis Jonathan, SVP, Gen. Counsel, Secretary, that happened on Dec 04 ’24 when 1694.0 shares were sold. Officer, Faddis Jonathan completed a deal on Dec 04 ’24 to buy 1694.0 shares. Meanwhile, Pres. & Chief Customer Officer Schwenger Thomas D. sold 1126.0 shares on Nov 08 ’24.
