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As of close of business last night, Varonis Systems Inc’s stock clocked out at $42.70, down -0.74% from its previous closing price of $43.02. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 2.41 million shares were traded. VRNS stock price reached its highest trading level at $43.36 during the session, while it also had its lowest trading level at $41.79.
Ratios:
To gain a deeper understanding of VRNS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 1.66 whereas as Long-Term Debt/Eq ratio is at 1.08.
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 the company, Robert W. Baird on July 30, 2024, Upgraded its rating to Outperform and sets its target price to $60 from $52 previously.
On June 14, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $50 to $54.
Wedbush Upgraded its Neutral to Outperform on February 06, 2024, whereas the target price for the stock was revised from $35 to $65.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 13 ’24 when Melamed Guy sold 91,345 shares for $53.70 per share. The transaction valued at 4,905,444 led to the insider holds 504,598 shares of the business.
GUY MELAMED bought 91,345 shares of VRNS for $4,905,884 on Nov 13 ’24. On Oct 15 ’24, another insider, O’Boyle James, who serves as the Vice Chairman – Sales of the company, sold 50,000 shares for $59.76 each. As a result, the insider received 2,988,000 and left with 444,114 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, VRNS now has a Market Capitalization of 4805884928 and an Enterprise Value of 5144627712. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.72 while its Price-to-Book (P/B) ratio in mrq is 10.55. Its current Enterprise Value per Revenue stands at 9.413 whereas that against EBITDA is -54.827.
Stock Price History:
The Beta on a monthly basis for VRNS is 0.85, which has changed by -0.13822114 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, VRNS has reached a high of $60.58, while it has fallen to a 52-week low of $39.62. The 50-Day Moving Average of the stock is -6.82%, while the 200-Day Moving Average is calculated to be -13.47%.
Shares Statistics:
It appears that VRNS traded 1.75M shares on average per day over the past three months and 3030270 shares per day over the past ten days. A total of 112.55M shares are outstanding, with a floating share count of 106.97M. Insiders hold about 4.95% of the company’s shares, while institutions hold 101.30% stake in the company. Shares short for VRNS as of 1736899200 were 11058375 with a Short Ratio of 6.32, compared to 1734048000 on 11549588. Therefore, it implies a Short% of Shares Outstanding of 11058375 and a Short% of Float of 12.590000000000002.
