Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $217.43 in the prior trading day, Veeva Systems Inc (NYSE: VEEV) closed at $214.86, down -1.18%. In other words, the price has decreased by -$1.18 from its previous closing price. On the day, 1.1 million shares were traded. VEEV stock price reached its highest trading level at $216.3111 during the session, while it also had its lowest trading level at $212.46.
Ratios:
Our goal is to gain a better understanding of VEEV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.07. 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, Stephens on December 20, 2024, initiated with a Overweight rating and assigned the stock a target price of $280.
On December 04, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $275.
On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $235.Scotiabank initiated its Sector Perform rating on November 19, 2024, with a $235 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 34882523136 and an Enterprise Value of 32682602496. As of this moment, Veeva’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.09, and their Forward P/E ratio for the next fiscal year is 30.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.13 while its Price-to-Book (P/B) ratio in mrq is 6.33. 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 -3.74%, while the 200-Day Moving Average is calculated to be 3.88%.
Shares Statistics:
The stock has traded on average 1.05M shares per day over the past 3-months and 1381850 shares per day over the last 10 days, according to various share statistics. A total of 162.16M shares are outstanding, with a floating share count of 147.85M. Insiders hold about 8.93% of the company’s shares, while institutions hold 79.55% stake in the company. Shares short for VEEV as of 1731628800 were 2354471 with a Short Ratio of 1.92, compared to 1728950400 on 2212929. Therefore, it implies a Short% of Shares Outstanding of 2354471 and a Short% of Float of 1.6.
