Veeva Systems Inc (VEEV) concluded trading on Thursday at a closing price of $236.14, with 4.02 million shares of worth about $948.28 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.46% during that period and on March 06, 2025 the price saw a gain of about 7.37%. Currently the company’s common shares owned by public are about 162.35M shares, out of which, 147.88M shares are available for trading.
Stock saw a price change of 6.86% in past 5 days and over the past one month there was a price change of 1.18%. Year-to-date (YTD), VEEV shares are showing a performance of 12.31% which increased to 4.49% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $170.25 but also hit the highest price of $258.93 during that period. The average intraday trading volume for Veeva Systems Inc shares is 1.15 million. The stock is currently trading 3.12% above its 20-day simple moving average (SMA20), while that difference is up 5.30% for SMA50 and it goes to 12.66% higher than SMA200.
Veeva Systems Inc (NYSE: VEEV) currently have 162.35M outstanding shares and institutions hold larger chunk of about 80.79% of that.
The stock has a current market capitalization of $38.34B and its 3Y-monthly beta is at 1.10. PE ratio of stock for trailing 12 months is 54.55, while it has posted earnings per share of $4.33 in the same period. Its PEG reads 4.72 and has Quick Ratio of 6.36 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VEEV, volatility over the week remained 3.75% while standing at 2.68% over the month.
Stock’s fiscal year EPS is expected to rise by 10.28% while it is estimated to increase by 10.90% in next year. EPS is likely to shrink at an annualized rate of 11.55% for next 5-years, compared to annual growth of 17.83% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on January 23, 2025 offering a Sell rating for the stock and assigned a target price range of between $261 and $200 to it. Coverage by Stephens stated Veeva Systems Inc (VEEV) stock as an Overweight in their note to investors on December 20, 2024, suggesting a price target of $280 for the stock. On December 04, 2024, Mizuho Initiated their recommendations, while on November 19, 2024, Scotiabank Initiated their ratings for the stock with a price target of $235. Stock get an Outperform rating from Exane BNP Paribas on October 08, 2024.
