Veeva Systems Inc. (NYSE:VEEV) Relative Strength Index (RSI) is 41.65, with weekly volatility at 3.18% and ATR at 8.40. The VEEV stock’s 52-week price range has touched low of $183.24 and a $325.54 high. Intraday shares traded counted 0.88 million, which was 7.43% higher than its 30-day average trading volume of 952.46K. Its shares traded higher over the last trading session, gaining 1.80% on 05/18/21. The shares fell to a low of $246.74 before closing at $252.39. VEEV’s previous close was $247.92 while the outstanding shares total 151.70M. The firm has a beta of 0.77, a 12-month trailing P/E ratio of 101.12, and a growth ratio of 7.36.
Investors have identified the Health Information Services company Veeva Systems Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $37.64 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Veeva Systems Inc. (VEEV) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 2.31 billion total, with 715.95 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 2.68 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on VEEV sounds very interesting.
Is the stock of VEEV attractive?
In related news, EVP Global Sales, MATEO ALAN sold 2,347 shares of the company’s stock in a transaction that recorded on May 10. The sale was performed at an average price of 255.96, for a total value of 600,738. As the sale deal closes, the Director, Hedley Mary Lynne now sold 95 shares of the company’s stock, valued at 25,713. Also, SVP, Gen. Counsel, Secretary, Faddis Jonathan sold 261 shares of the company’s stock in a deal that was recorded on Apr 14. The shares were price at an average price of 270.66 per share, with a total market value of 70,642. Following this completion of acquisition, the EVP Global Sales, MATEO ALAN now holds 2,347 shares of the company’s stock, valued at 615,290. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
13 out of 23 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Veeva Systems Inc.. 1 analysts has assigned a Sell rating on the VEEV stock. The 12-month mean consensus price target for the company’s shares has been set at $327.33.