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VEEV

VEEV - Veeva Systems Inc Stock Price, Fair Value and News

186.99USD+3.74 (+2.04%)Market Closed

Market Summary

VEEV
USD186.99+3.74
Market Closed
2.04%

VEEV Stock Price

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VEEV RSI Chart

VEEV Valuation

Market Cap

29.6B

Price/Earnings (Trailing)

53.29

Price/Sales (Trailing)

11.91

EV/EBITDA

40.43

Price/Free Cashflow

25.34

VEEV Price/Sales (Trailing)

VEEV Profitability

Operating Margin

91.05%

EBT Margin

28.27%

Return on Equity

11.37%

Return on Assets

8.98%

Free Cashflow Yield

3.95%

VEEV Fundamentals

VEEV Revenue

Revenue (TTM)

2.5B

Rev. Growth (Yr)

23.56%

Rev. Growth (Qtr)

3.13%

VEEV Earnings

Earnings (TTM)

555.8M

Earnings Growth (Yr)

22.92%

Earnings Growth (Qtr)

9.68%

Breaking Down VEEV Revenue

Last 7 days

-2.4%

Last 30 days

2.6%

Last 90 days

-7.6%

Trailing 12 Months

-7.8%

How does VEEV drawdown profile look like?

VEEV Financial Health

Current Ratio

4.29

VEEV Investor Care

Shares Dilution (1Y)

1.13%

Diluted EPS (TTM)

3.39

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.4B2.5B00
20232.2B2.2B2.2B2.3B
20221.9B1.9B2.0B2.1B
20211.5B1.6B1.7B1.8B
20201.1B1.2B1.3B1.4B
2019862.2M911.4M968.7M1.0B
2018689.5M725.3M767.1M814.8M
2017544.0M584.1M620.5M654.7M
2016409.2M439.1M472.3M508.2M
2015313.2M336.4M358.9M382.0M
2014210.2M234.1M260.2M289.0M
2013129.5M147.8M168.0M187.1M
201261.3M78.3M95.4M112.5M
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Tracking the Latest Insider Buys and Sells of Veeva Systems Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jul 01, 2024
faddis jonathan
acquired
-
-
1,120
svp, gen. counsel, secretary
Jul 01, 2024
zuppas eleni nitsa
acquired
-
-
1,324
president & chief of staff
Jul 01, 2024
faddis jonathan
sold (taxes)
-72,668
181
-400
svp, gen. counsel, secretary
Jul 01, 2024
schwenger thomas d.
acquired
-
-
1,909
pres. & chief customer officer
Jul 01, 2024
epstein stacey
sold (taxes)
-60,496
181
-333
chief marketing officer
Jul 01, 2024
diamond kristine
acquired
-
-
204
chief accounting officer
Jul 01, 2024
schwenger thomas d.
sold (taxes)
-145,699
181
-802
pres. & chief customer officer
Jul 01, 2024
epstein stacey
acquired
-
-
891
chief marketing officer
Jul 01, 2024
diamond kristine
sold (taxes)
-13,261
181
-73.00
chief accounting officer
Jun 07, 2024
cabral timothy s
sold
-2,764,930
184
-15,000
interim cfo

1–10 of 50

Which funds bought or sold VEEV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
Apollon Wealth Management, LLC
reduced
-4.44
-143,171
440,688
0.01%
Jul 19, 2024
Blossom Wealth Management
unchanged
-
-73,020
274,515
0.60%
Jul 19, 2024
Boomfish Wealth Group, LLC
added
19.15
-135,382
2,163,910
1.40%
Jul 19, 2024
China Universal Asset Management Co., Ltd.
unchanged
-
-37,532
141,101
0.02%
Jul 19, 2024
Capital Investment Services of America, Inc.
added
4.29
-3,303,120
15,443,800
1.49%
Jul 19, 2024
OFI INVEST ASSET MANAGEMENT
reduced
-6.33
-8,623
25,272
-%
Jul 19, 2024
Neo Ivy Capital Management
new
-
5,077,000
5,077,000
1.00%
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
added
19.39
-1,174,460
19,443,200
0.01%
Jul 19, 2024
Continuum Advisory, LLC
added
4.08
-4,606
65,335
0.01%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
reduced
-30.51
-2,983,310
3,629,820
0.02%

1–10 of 50

Are Funds Buying or Selling VEEV?

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

Unveiling Veeva Systems Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 16, 2024
price t rowe associates inc /md/
3.6%
5,811,486
SC 13G/A
Feb 14, 2024
price t rowe associates inc /md/
3.6%
5,811,486
SC 13G/A
Feb 14, 2024
alliancebernstein l.p.
4.2%
6,739,385
SC 13G/A
Feb 13, 2024
vanguard group inc
8.17%
13,158,776
SC 13G/A
Feb 12, 2024
artisan partners limited partnership
4.1%
6,581,353
SC 13G/A
Feb 09, 2024
gassner peter p
8.9%
14,458,241
SC 13G/A
Feb 08, 2024
blackrock inc.
5.8%
9,274,814
SC 13G/A
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 10, 2023
artisan partners limited partnership
7.1%
9,942,231
SC 13G/A

Recent SEC filings of Veeva Systems Inc

View All Filings
Date Filed Form Type Document
Jul 15, 2024
8-K
Current Report
Jul 12, 2024
8-K
Current Report
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jun 21, 2024
4
Insider Trading
Jun 21, 2024
8-K
Current Report
Jun 20, 2024
4
Insider Trading

Peers (Alternatives to Veeva Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
520.4B
379.5B
17.54% 12.14%
33.88
1.37
12.96% -25.81%
95.4B
206.0B
0.33% 14.16%
24.76
0.46
12.55% -43.95%
84.3B
66.7B
-5.47% 12.23%
15.42
1.26
9.59% -4.59%
74.8B
360.9B
-2.33% -20.41%
10.21
0.21
9.07% 78.83%
35.4B
155.5B
-0.21% -5.60%
12.93
0.23
6.34% 84.42%
12.2B
14.7B
-5.11% 19.42%
14.88
0.83
7.99% 19.23%
12.1B
12.3B
-3.00% 30.77%
14.83
0.98
5.77% 58.74%
MID-CAP
8.2B
2.3B
2.00% -1.42%
28.97
3.58
5.96% 18.29%
6.0B
3.0B
-4.63% -13.04%
-535.02
2.02
10.92% -104.06%
2.8B
1.5B
18.16% 42.16%
44.28
1.9
19.34% 40.15%
2.2B
3.5B
8.60% -48.92%
15.06
0.62
-27.67% -62.40%
SMALL-CAP
1.9B
1.1B
-0.37% 28.39%
29.62
1.79
11.45% 30.74%
1.5B
3.0B
15.89% 112.78%
-8.48
0.48
4.98% 4.88%
73.2M
-
21.59% -11.25%
-4.84
-
- -1.05%
20.1M
21.6M
1.56% 19.05%
39.62
0.93
9.04% -57.88%

Veeva Systems Inc News

Latest updates
Defense World6 hours ago
American Banking and Market News19 Jul 202412:06 pm
StockNews.com18 Jul 202407:28 pm
Yahoo Finance18 Jul 202412:28 pm
American Banking and Market News17 Jul 202412:19 pm
Yahoo Finance16 Jul 202401:45 pm

Veeva Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue3.1%650631617590526563552534505485476456434397378354337312281267245
Gross Profit4.3%476457449421360399398383366350347333317283275256242217208197179
Operating Expenses0.0%321321320317298290277281238230214209189184173166155157127123108
  S&GA Expenses-1.9%97.0099.0097.0097.0089.0089.0094.0090.0076.0079.0072.0072.0065.0062.0058.0059.0056.0059.0046.0046.0040.00
  R&D Expenses-0.5%16316416115714714313013411310599.0095.0083.0082.0080.0070.0062.0061.0053.0051.0045.00
EBITDA Margin13.6%0.28*0.25*0.24*0.23*0.23*0.25*0.25*0.26*0.28*0.29*0.29*0.29*0.29*0.28*0.27*0.28*0.29*0.30*0.33*0.32*0.31*
Income Taxes28.2%45.0035.0036.0031.00-39.74-53.1725.0019.0030.0022.0028.0017.0017.002.008.00-0.594.00-0.948.002.004.00
Earnings Before Taxes13.3%20718317114392.0013513410913011913412613310510593.0091.0065.0090.0081.0077.00
EBT Margin13.6%0.28*0.25*0.24*0.23*0.22*0.24*0.24*0.25*0.27*0.28*0.28*0.28*0.28*0.27*0.26*0.26*0.27*0.28*0.31*0.30*0.30*
Net Income9.7%16214713511213218910891.0010097.0010610911610397.0094.0087.0066.0082.0079.0073.00
Net Income Margin0.5%0.22*0.22*0.25*0.24*0.24*0.23*0.19*0.20*0.21*0.23*0.25*0.26*0.26*0.26*0.25*0.26*0.26*0.27*0.30*0.30*0.28*
Free Cashflow1221.7%76458.0083.0026550664.0014394.0048154.0011311947969.0096.0010628239.0061.0099.00235
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets4.7%6,1885,9115,2265,2285,0234,8044,1834,1174,0113,8163,3673,3513,2223,0462,5842,5162,4052,2721,9001,8601,776
  Current Assets4.8%5,2455,0034,3364,3624,1883,9693,3863,3563,2753,1072,6602,6322,4952,3111,8531,7851,6751,5311,6581,6211,538
    Cash Equivalents70.2%1,1977037447461,0948908651,1431,2431,1381,1501,0681,186732634797724480893829749
  Net PPE-0.8%58.0059.0058.0057.0050.0050.0051.0052.0054.0054.0053.0053.0052.0054.0054.0053.0053.0055.0053.0054.0055.00
  Goodwill0.0%44044044044044044044044044044043743743643643643943943931596.0096.00
Liabilities2.5%1,2981,2668461,0761,0801,088764873943905598731777780477560604606342415441
  Current Liabilities3.8%1,2231,1797681,0021,0061,007690799879841537663710716417501550551307383413
Shareholder's Equity5.3%4,8894,6454,3804,1533,9433,7163,4193,2443,0682,9122,7692,6202,4452,2662,1061,9571,8011,6661,5591,4451,335
  Retained Earnings5.9%2,9022,7402,5932,4582,3462,2152,0261,9181,8271,7271,6301,5241,4151,3001,1971,1001,006920853771692
  Additional Paid-In Capital5.4%2,0181,9151,8241,7291,6231,5331,4381,3541,2651,1971,1451,0991,032966906851793745705674642
Shares Outstanding0.2%162161161160160155155155155153154153152151151150150148148148147
Float----29,700---31,300---46,200---36,000---22,100-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations1221.7%763,51657,76982,598265,036505,93663,397142,66093,386481,02754,054112,959119,065478,38568,35195,403105,320282,17239,10961,504100,473236,289
  Share Based Compensation-3.0%95,91198,893101,226102,89590,71995,54493,18796,04267,13461,71762,04562,38548,48949,75548,97349,36636,90737,45929,32128,37020,756
Cashflow From Investing-214.2%-272,378-86,703-73,324-618,930-297,394-39,262-405,729-184,205-378,487-55,160-10,229-242,814-37,94921,093-262,586-43,932-48,209-455,2962,729-22,801-41,542
Cashflow From Financing136.5%3,828-10,484-6,8892,577-1,392-2,241-10,543-7,8841,292-10,556-16,0465,65716,8058,9936,2659,0279,5332,1211,3663,3813,142
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VEEV Income Statement

2024-04-30
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Revenues:  
Total revenues$ 650,345$ 526,325
Cost of revenues:  
Total cost of revenues[1]173,884166,663
Gross profit476,461359,662
Operating expenses:  
Research and development[1]162,711146,960
Sales and marketing[1]97,30188,503
General and administrative[1]61,27762,669
Total operating expenses[1]321,289298,132
Operating income155,17261,530
Other income, net51,72930,248
Income before income taxes206,90191,778
Income tax provision (benefit)45,237(39,743)
Net income$ 161,664$ 131,521
Net income per share:  
Basic (in usd per share)$ 1.00$ 0.82
Diluted (in usd per share)$ 0.98$ 0.81
Weighted-average shares used to compute net income per share:  
Basic (in shares)161,421159,852
Diluted (in shares)164,394162,521
Other comprehensive income:  
Net change in unrealized (loss) gain on available-for-sale investments$ (18,861)$ 5,428
Net change in cumulative foreign currency translation loss(1,148)(58)
Comprehensive income141,655136,891
Subscription services  
Revenues:  
Total revenues533,955414,546
Cost of revenues:  
Total cost of revenues[1]78,14867,575
Professional services and other  
Revenues:  
Total revenues116,390111,779
Cost of revenues:  
Total cost of revenues[1]$ 95,736$ 99,088
[1]
(1) Includes stock-based compensation as follows:
Cost of revenues:
Cost of subscription services$1,554 $1,505 
Cost of professional services and other12,535 12,722 
Research and development41,743 38,906 
Sales and marketing23,043 20,135 
General and administrative17,036 17,451 
Total stock-based compensation$95,911 $90,719 

VEEV Balance Sheet

2024-04-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2024
Jan. 31, 2024
Current assets:  
Cash and cash equivalents$ 1,197,196$ 703,487
Short-term investments3,567,8413,324,269
Accounts receivable, net of allowance for doubtful accounts of $216 and $520, respectively362,320852,172
Unbilled accounts receivable38,77136,365
Prepaid expenses and other current assets78,82086,918
Total current assets5,244,9485,003,211
Property and equipment, net58,04258,532
Deferred costs, net23,96723,916
Lease right-of-use assets44,58345,602
Goodwill439,877439,877
Intangible assets, net58,23163,017
Deferred income taxes266,060233,463
Other long-term assets51,85043,302
Total assets6,187,5585,910,920
Current liabilities:  
Accounts payable31,93031,513
Accrued compensation and benefits38,75543,433
Accrued expenses and other current liabilities41,18732,980
Income tax payable71,56711,862
Deferred revenue1,029,4551,049,761
Lease liabilities10,3929,334
Total current liabilities1,223,2861,178,883
Deferred income taxes7052,052
Lease liabilities, noncurrent45,35146,441
Other long-term liabilities28,83538,720
Total liabilities1,298,1771,266,096
Commitments and contingencies (note 13)
Stockholders’ equity:  
Common stock22
Additional paid-in capital2,017,9041,915,002
Accumulated other comprehensive loss(30,646)(10,637)
Retained earnings2,902,1212,740,457
Total stockholders’ equity4,889,3814,644,824
Total liabilities and stockholders’ equity$ 6,187,558$ 5,910,920
VEEV
Veeva Systems Inc. provides cloud-based software for the life sciences industry. It offers Veeva Commercial Cloud, a suite of software and data solutions, such as Veeva customer relationship management (CRM) that enable customer-facing employees at pharmaceutical and biotechnology companies; Veeva Vault PromoMats, an end-to-end content and digital asset management solution; Veeva Vault Medical that provides source of medical content across multiple channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical brands; Veeva OpenData, a customer reference data solution; Veeva Link, a data application that allows link to generate real-time intelligence; and Veeva Compass includes de-identified and longitudinal patient data for the United States. The company also provides Veeva Development Cloud, a suite of applications for the clinical, regulatory, quality, and safety functions, including Veeva Vault Clinical, Veeva Vault RIM, Veeva Vault Safety, and Veeva Vault Quality; Veeva QualityOne, a quality and document management, and training solution; Veeva RegulatoryOne, a solution that helps companies to manage regulatory submission content; and Veeva Claims addresses the end-to-end product and marketing claims management process. In addition, it offers professional and support services, including 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; data migration and systems integrations technical consulting services; 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.
 CEO
 WEBSITEveeva.com
 INDUSTRYHealthcare Plans
 EMPLOYEES6744

Veeva Systems Inc Frequently Asked Questions


What is the ticker symbol for Veeva Systems Inc? What does VEEV stand for in stocks?

VEEV is the stock ticker symbol of Veeva Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Veeva Systems Inc (VEEV)?

As of Fri Jul 19 2024, market cap of Veeva Systems Inc is 29.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VEEV stock?

You can check VEEV's fair value in chart for subscribers.

What is the fair value of VEEV stock?

You can check VEEV's fair value in chart for subscribers. The fair value of Veeva Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Veeva Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VEEV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Veeva Systems Inc a good stock to buy?

The fair value guage provides a quick view whether VEEV is over valued or under valued. Whether Veeva Systems Inc is cheap or expensive depends on the assumptions which impact Veeva Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VEEV.

What is Veeva Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 19 2024, VEEV's PE ratio (Price to Earnings) is 53.29 and Price to Sales (PS) ratio is 11.91. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VEEV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Veeva Systems Inc's stock?

In the past 10 years, Veeva Systems Inc has provided 0.224 (multiply by 100 for percentage) rate of return.