Veeva Systems Inc [NYSE: VEEV] gained 7.37% on the last trading session, reaching $236.14 price per share at the time.
If compared to the average trading volume of 1.15M shares, VEEV reached a trading volume of 4015752 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Veeva Systems Inc [VEEV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VEEV shares is $265.96 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VEEV stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Veeva Systems Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on January 23, 2025. While these analysts kept the previous recommendation, Stephens raised their target price to Overweight. The new note on the price target was released on December 20, 2024, representing the official price target for Veeva Systems Inc stock. Previously, the target price had yet another raise to $275, while Mizuho analysts kept a Outperform rating on VEEV stock.
The Average True Range (ATR) for Veeva Systems Inc is set at 7.59, with the Price to Sales ratio for VEEV stock in the period of the last 12 months amounting to 13.96. The Price to Book ratio for the last quarter was 6.96, with the Price to Cash per share for the same quarter was set at 31.72. Price to Free Cash Flow for VEEV in the course of the last twelve months was 36.35 with Quick ratio for the last quarter at 6.36.
Trading performance analysis for VEEV stock
Veeva Systems Inc [VEEV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.86. With this latest performance, VEEV shares gained by 1.18% in over the last four-week period, additionally plugging by 9.46% over the last 6 months – not to mention a rise of 4.49% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VEEV stock in for the last two-week period is set at 59.72, with the RSI for the last a single of trading hit 64.23, and the three-weeks RSI is set at 57.40 for Veeva Systems Inc [VEEV]. The present Moving Average for the last 50 days of trading for this stock 224.25, while it was recorded at 223.52 for the last single week of trading, and 209.61 for the last 200 days.
Veeva Systems Inc [VEEV]: A deeper dive into fundamental analysis
Veeva Systems Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.36 and a Current Ratio set at 4.51.
Veeva Systems Inc [VEEV]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VEEV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Veeva Systems Inc go to 11.55%.
An analysis of Institutional ownership at Veeva Systems Inc [VEEV]
The top three institutional holders of VEEV stocks are: VANGUARD GROUP INC with ownership of 14.39 million shares, which is approximately 8.9153%. BLACKROCK INC., holding 9.48 million shares of the stock with an approximate value of $$1.74 billion in VEEV stocks shares; and BLACKROCK INC., currently with $$1.27 billion in VEEV stock with ownership which is approximately 4.3158%.
