Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Veeva Systems Inc (NYSE: VEEV) closed at $226.41 up 0.77% from its previous closing price of $224.69. In other words, the price has increased by $0.77 from its previous closing price. On the day, 1.37 million shares were traded. VEEV stock price reached its highest trading level at $227.11 during the session, while it also had its lowest trading level at $222.495.
Ratios:
For a deeper understanding of Veeva Systems Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.85. For the most recent quarter (mrq), Quick Ratio is recorded 6.36 and its Current Ratio is at 6.36. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on December 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $275.
On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $235.
On October 08, 2024, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $286.Exane BNP Paribas initiated its Outperform rating on October 08, 2024, with a $286 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 04 ’24 when Faddis Jonathan sold 1,694 shares for $230.30 per share. The transaction valued at 390,128 led to the insider holds 8,061 shares of the business.
Faddis Jonathan bought 1,694 shares of VEEV for $390,128 on Dec 04 ’24. On Nov 08 ’24, another insider, Schwenger Thomas D., who serves as the Pres. & Chief Customer Officer of the company, sold 1,126 shares for $240.01 each. As a result, the insider received 270,252 and left with 27,013 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VEEV now has a Market Capitalization of 36757663744 and an Enterprise Value of 32682602496. As of this moment, Veeva’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.94, and their Forward P/E ratio for the next fiscal year is 32.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.84 while its Price-to-Book (P/B) ratio in mrq is 6.67. Its current Enterprise Value per Revenue stands at 12.699 whereas that against EBITDA is 52.132.
Stock Price History:
Over the past 52 weeks, VEEV has reached a high of $258.93, while it has fallen to a 52-week low of $170.25. The 50-Day Moving Average of the stock is 2.07%, while the 200-Day Moving Average is calculated to be 9.36%.
Shares Statistics:
For the past three months, VEEV has traded an average of 1.04M shares per day and 1672710 over the past ten days. A total of 162.16M shares are outstanding, with a floating share count of 147.84M. Insiders hold about 8.93% of the company’s shares, while institutions hold 79.56% stake in the company. Shares short for VEEV as of 1731628800 were 2354471 with a Short Ratio of 1.90, compared to 1728950400 on 2212929. Therefore, it implies a Short% of Shares Outstanding of 2354471 and a Short% of Float of 1.6.
