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Veeva Systems Inc Stock Research

VEEV

175.78USD+4.94(+2.89%)Market Closed

Market Summary

USD175.78+4.94
Market Closed
2.89%

VEEV Alerts

VEEV Stock Price

VEEV RSI Chart

VEEV Valuation

Market Cap

27.3B

Price/Earnings (Trailing)

68.93

Price/Sales (Trailing)

13.15

EV/EBITDA

53.63

Price/Free Cashflow

35.42

VEEV Price/Sales (Trailing)

VEEV Profitability

EBT Margin

23.74%

Return on Equity

11.59%

Return on Assets

9.47%

Free Cashflow Yield

2.82%

VEEV Fundamentals

VEEV Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

16.01%

Revenue Q/Q

3.39%

VEEV Earnings

Earnings (TTM)

396.3M

Earnings Y/Y

2.44%

Earnings Q/Q

19.71%

Price Action

52 Week Range

151.02232.26
(Low)(High)

Last 7 days

-1.0%

Last 30 days

-0.5%

Last 90 days

0.6%

Trailing 12 Months

-1.8%

VEEV Financial Health

Current Ratio

4.91

VEEV Investor Care

Shares Dilution (1Y)

1.22%

Diluted EPS (TTM)

2.45

Peers (Alternatives to Veeva Systems)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
UNH
440.9B
324.2B
 -6.04% -5.61%
21.91
1.36
 12.71% 16.40%
CERN
27.9B
-
 0.98% 20.75%
47.36
4.81
 - -
VEEV
27.3B
2.1B
 -0.47% -1.83%
68.93
13.15
 17.88% -8.53%
MID-CAP
CHNG
9.0B
3.5B
 11.88% 31.28%
-116.8
2.57
 7.15% -34.72%
TDOC
4.1B
2.4B
 -16.92% -54.15%
-0.3
1.71
 18.41% -3085.58%
OMCL
2.5B
1.3B
 1.97% -58.05%
451.35
1.97
 14.48% -92.74%
SMALL-CAP
PHR
1.8B
262.3M
 -10.85% 40.30%
-9.92
6.98
 33.16% -131.28%
MDRX
1.5B
837.2M
 -24.90% -38.38%
24.16
1.75
 3.88% -92.18%
NXGN
1.1B
625.9M
 -11.35% -14.10%
49.5
1.81
 6.21% 3223.77%
SLP
864.4M
53.5M
 4.26% 2.91%
80.77
16.17
 10.94% 3.61%
CCRN
842.2M
2.8B
 -10.92% 13.20%
4.47
0.3
 67.39% 42.77%
HSTM
804.2M
266.8M
 4.43% 29.67%
66.51
3.01
 3.94% 106.86%
HCAT
657.1M
276.2M
 -14.12% -43.94%
-4.78
2.38
 14.18% 10.32%
CPSI
413.1M
317.4M
 -4.75% -15.90%
22.03
1.3
 16.07% 16.08%

Financials for Veeva Systems

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.8%2,0772,0011,9221,8511,762
Gross Profit3.6%1,4961,4441,3951,3471,280
Operating Expenses6.6%1,026963891842796
  S&GA Expenses6.8%339317300288271
  R&D Expenses7.0%483451412382359
EBITDA0.1%493493518519506
EBITDA Margin-3.6%0.24*0.25*0.27*0.28*0.29*
Earnings Before Taxes0.1%493493510512498
EBT Margin-3.6%0.24*0.25*0.27*0.28*0.28*
Net Income0.7%396394412427433
Net Income Margin-3.0%0.19*0.20*0.21*0.23*0.25*
Free Cahsflow4.0%771741767764779
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.6%4,1834,1174,0113,8163,367
  Current Assets0.9%3,3863,3563,2753,1072,660
    Cash Equivalents-24.3%8651,1431,2431,1381,150
  Net PPE-2.4%51.0052.0054.0054.0053.00
  Goodwill0%440440440440437
Liabilities-12.5%764873943905598
  Current Liabilities-13.6%690799879841537
Shareholder's Equity5.4%3,4193,2443,0682,9122,769
  Retained Earnings5.7%2,0261,9181,8271,7271,630
  Additional Paid-In Capital6.3%1,4381,3541,2651,1971,145
Accumulated Depreciation-0.5%31.0032.0030.0030.0029.00
Shares Outstanding0.3%155155155154-
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations4.0%771741767764779
  Share Based Compensation10.9%318287253235223
Cashflow From Investing-63.0%-1,023-628-686-346-269
Cashflow From Financing16.6%-27.69-33.19-19.65-4.1415.00

Risks for VEEV

What is the probability of a big loss on VEEV?

75.4%

Probability that Veeva Systems stock will be more than 20% underwater in next one year

24.2%

Probability that Veeva Systems stock will be more than 30% underwater in next one year.

16.5%

Probability that Veeva Systems stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does VEEV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Veeva Systems was unfortunately bought at previous high price.

Drawdowns

Returns for VEEV

Cumulative Returns on VEEV

31.4%

7-Year Cumulative Returns

17.5%

5-Year Cumulative Returns

7.3%

3-Year Cumulative Returns

What are the long-term rolling returns for VEEV?

FIve years rolling returns for Veeva Systems.

Annualized Returns

Which funds bought or sold VEEV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-3.67
-38,773
639,227
 0.02%
2023-03-10
BAILLIE GIFFORD & CO
added
3.6
95,879
6,922,880
 0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-32.1
-21,066,700
41,734,300
 0.05%
2023-03-06
Rockefeller Capital Management L.P.
added
0.82
-92,000
6,892,000
 0.04%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
added
13.07
860,478
8,929,480
 0.56%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
6,527,340
6,527,340
 0.08%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
sold off
-100
-
-
 -%
2023-02-28
Voya Investment Management LLC
reduced
-11.57
-2,080,590
13,398,400
 0.02%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-90.33
-4,283,170
447,830
 -%
2023-02-24
NATIXIS
added
14.07
105,498
1,012,500
 0.01%

1–10 of 48

Latest Funds Activity

Are funds buying VEEV calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own VEEV
No. of Funds

VEEV Alerts

Veeva Systems News

Nasdaq

Truist Securities Downgrades Veeva Systems (VEEV).

Nasdaq,
65 minutes ago

MarketBeat

Harrington Investments INC Raises Position in Veeva Systems Inc ....

MarketBeat,
9 hours ago

Simply Wall St

Should You Be Adding Veeva Systems (NYSE:VEEV) To Your Watchlist Today?.

Simply Wall St,
2 days ago

MarketBeat

Veeva Systems Inc. (NYSE:VEEV) Shares Acquired by Peregrine ....

MarketBeat,
2 days ago

Morningstar

10 Undervalued Quality Healthcare Stocks.

Morningstar,
3 days ago

InvestorPlace

7 Cloud Computing Stocks That Can Make You a Millionaire as Data ....

InvestorPlace,
4 days ago

ETF Trends

Quality, Value, Other Perks Found in This ETF.

ETF Trends,
9 days ago

Nasdaq

Guru Fundamental Report for VEEV - Martin Zweig.

Nasdaq,
10 days ago

The Motley Fool

Better Cloud Stock: Salesforce vs. Veeva Systems.

The Motley Fool,
12 days ago

Seeking Alpha

Veeva Systems Inc. 2023 Q4 - Results - Earnings Call Presentation ....

Seeking Alpha,
13 days ago

The Motley Fool

Is Veeva Systems a Good Stock to Buy Now?.

The Motley Fool,
15 days ago

Best Stocks

Veeva Systems Inc. is owned by BlackRock Inc. for $1.52 billion ....

Best Stocks,
16 days ago

InvestorsObserver

Should You Sell Veeva Systems Inc (VEEV) in Health Information ....

InvestorsObserver,
16 days ago

The Motley Fool

Veeva Systems (VEEV) Q4 2023 Earnings Call Transcript.

The Motley Fool,
17 days ago

Best Stocks

Segall Bryant & Hamill LLC sells 1,000 Veeva Systems Inc. shares ....

Best Stocks,
17 days ago

Marketscreener.com

Veeva Systems - Industrywide Survey Reveals Centralizing Regulatory is Number One Priority for Medtech.

Marketscreener.com,
18 days ago

Schedule 13G FIlings of Veeva Systems

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
5.3%
7,507,324
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
5.2%
7,362,861
SC 13G
Feb 09, 2023
vanguard group inc
9.60%
13,535,591
SC 13G/A
Feb 03, 2023
gassner peter p
10.1%
16,142,283
SC 13G/A
Feb 01, 2023
blackrock inc.
6.2%
8,684,818
SC 13G/A
Nov 09, 2022
morgan stanley
0.9%
1,220,689
SC 13G/A
Apr 11, 2022
price t rowe associates inc /md/
10.2%
14,358,068
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
8.8%
12,347,988
SC 13G/A
Feb 11, 2022
gassner peter p
11.2%
17,683,431
SC 13G/A
Feb 10, 2022
morgan stanley
7.0%
9,759,393
SC 13G/A

VEEV Fair Value

Veeva Systems fair value in different scenarios

The table shows the Fair Value estimates for Veeva Systems for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

91.23

-48.10%

119.66

-31.93%

181.57

3.29%

246.73

40.36%

291.73

65.96%
Current Inflation

83.10

-52.72%

107.21

-39.01%

159.11

-9.48%

213.49

21.45%

250.85

42.71%
Very High Inflation

73.16

-58.38%

92.29

-47.50%

132.87

-24.41%

175.17

-0.35%

204.04

16.08%

Historical Veeva Systems Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Veeva Systems

View All Filings
Date Filed Form Type Document
Mar 14, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 07, 2023
8-K
Current Report
Mar 06, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading

Latest Insider Trading transactions for VEEV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-10
Chamberlain Paul Edward
sold
-27,107
169
-160
-
2023-03-06
Wallach Matthew J
acquired
-
-
10,000
-
2023-03-06
Wallach Matthew J
sold
-1,785,590
178
-10,000
-
2023-03-06
Cabral Timothy S
sold
-1,803,950
180
-10,000
-
2023-03-03
SEKHRI PAUL J
sold
-483,558
181
-2,658
-
2023-03-01
Chamberlain Paul Edward
acquired
-
-
327
-
2023-03-01
SEKHRI PAUL J
acquired
-
-
313
-
2023-03-01
Ritter Gordon
acquired
-
-
379
-
2023-03-01
MOHR MARSHALL
acquired
-
-
366
-
2023-03-01
Hung Priscilla
acquired
-
-
327
-

1–10 of 50

About Veeva Systems

Peter P. Gassner
www.veeva.com
5480
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud, a suite of software, data, and analytics solutions, which include Veeva customer relationship management (CRM) and Veeva Medical CRM, Veeva CLM, Veeva CRM MyInsights, Veeva CLM, Veeva CRM Approved Email, Veeva CRM Engage, Veeva Align, Veeva CRM Events Management, Veeva Nitro, Veeva OpenData, Veeva Link, Veeva Network, Veeva Crossix, Veeva Data Cloud, and MyVeeva for Patients; and Veeva Vault, a cloud-based enterprise content and data management applications for managing commercial functions, including sales and marketing, and medical content and communications, as well as research and development functions, such as clinical, regulatory, quality, and safety. It also provides professional and support services in the areas of implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; technical consulting services related to data migration and systems integrations; training on its solutions; and ongoing managed services that include outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.

VEEV Income Statement

2022-10-31
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
Revenues:    
Total revenues$ 552,351$ 476,111$ 1,591,671$ 1,365,278
Cost of revenues:    
Total cost of revenues[1]153,907129,564445,091367,797
Gross profit398,444346,5471,146,580997,481
Operating expenses:    
Research and development[1]130,25798,635377,740276,760
Sales and marketing[1]93,91072,423259,642208,822
General and administrative[1]52,87342,781159,030126,121
Total operating expenses[1]277,040213,839796,412611,703
Operating income121,404132,708350,168385,778
Other income, net12,45882423,5657,054
Income before income taxes133,862133,532373,733392,832
Provision for income taxes25,40527,66374,56062,538
Net income$ 108,457$ 105,869$ 299,173$ 330,294
Net income per share:    
Basic (in usd per share)$ 0.70$ 0.69$ 1.93$ 2.16
Diluted (in usd per share)$ 0.67$ 0.65$ 1.84$ 2.03
Weighted-average shares used to compute net income per share:    
Basic (in shares)155,392153,514154,958153,020
Diluted (in shares)162,295163,034162,189162,663
Other comprehensive income:    
Net change in unrealized loss on available-for-sale investments$ (17,499)$ (2,741)$ (30,722)$ (4,044)
Net change in cumulative foreign currency translation loss(808)(308)(2,962)(2,686)
Comprehensive income90,150102,820265,489323,564
Subscription services    
Revenues:    
Total revenues441,569380,7381,272,8501,088,293
Cost of revenues:    
Total cost of revenues[1]65,73459,648188,722164,774
Professional services and other    
Revenues:    
Total revenues110,78295,373318,821276,985
Cost of revenues:    
Total cost of revenues[1]$ 88,173$ 69,916$ 256,369$ 203,023
[1]
(1) Includes stock-based compensation as follows:
Cost of revenues:
Cost of subscription services$1,636 $1,292 $4,606 $3,514 
Cost of professional services and other13,227 9,616 37,035 26,579 
Research and development37,415 22,311 102,139 61,463 
Sales and marketing23,576 15,102 64,500 41,772 
General and administrative17,333 13,724 48,083 39,591 
Total stock-based compensation$93,187 $62,045 $256,363 $172,919 

VEEV Balance Sheet

2022-10-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2022
Jan. 31, 2022
Current assets:  
Cash and cash equivalents$ 865,159$ 1,138,040
Short-term investments2,157,3961,238,064
Accounts receivable, net of allowance for doubtful accounts of $1,442 and $473, respectively242,859631,134
Unbilled accounts receivable82,08563,266
Prepaid expenses and other current assets38,98636,679
Total current assets3,386,4853,107,183
Property and equipment, net51,13554,495
Deferred costs, net27,87533,106
Lease right-of-use assets57,24949,640
Goodwill439,877439,877
Intangible assets, net87,382101,940
Deferred income taxes98,5735,097
Other long-term assets34,14125,127
Total assets4,182,7173,816,465
Current liabilities:  
Accounts payable40,92620,348
Accrued compensation and benefits40,26533,834
Accrued expenses and other current liabilities32,86036,109
Income tax payable54,4667,761
Deferred revenue510,098731,746
Lease liabilities11,66510,981
Total current liabilities690,280840,779
Deferred income taxes1,5462,216
Lease liabilities, noncurrent50,22543,607
Other long-term liabilities21,87418,226
Total liabilities763,925904,828
Commitments and contingencies (note 13)
Stockholders’ equity:  
Additional paid-in capital1,438,2131,196,547
Accumulated other comprehensive loss(45,642)(11,958)
Retained earnings2,026,2191,727,046
Total stockholders’ equity3,418,7922,911,637
Total liabilities and stockholders’ equity4,182,7173,816,465
Class A common stock  
Stockholders’ equity:  
Common stock22
Class B common stock  
Stockholders’ equity:  
Common stock$ 0$ 0