Grufity logoGrufity logo
StocksFundsScreenerSectorsWatchlists
VEEV

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

199.22USD-1.15 (-0.57%)Market Closed

Market Summary

VEEV
USD199.22-1.15
Market Closed
-0.57%

VEEV Alerts

  • 1 major insider sales recently.

VEEV Stock Price

View Fullscreen

VEEV RSI Chart

VEEV Valuation

Market Cap

32.1B

Price/Earnings (Trailing)

61.13

Price/Sales (Trailing)

13.6

EV/EBITDA

53.46

Price/Free Cashflow

35.26

VEEV Price/Sales (Trailing)

VEEV Profitability

Operating Margin

90.58%

EBT Margin

24.88%

Return on Equity

11.32%

Return on Assets

8.89%

Free Cashflow Yield

2.84%

VEEV Fundamentals

VEEV Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

11.93%

Rev. Growth (Qtr)

2.29%

VEEV Earnings

Earnings (TTM)

525.7M

Earnings Growth (Yr)

-21.82%

Earnings Growth (Qtr)

9.06%

Breaking Down VEEV Revenue

Last 7 days

-5.5%

Last 30 days

-12.8%

Last 90 days

-2.6%

Trailing 12 Months

8.8%

How does VEEV drawdown profile look like?

VEEV Financial Health

Current Ratio

4.24

VEEV Investor Care

Shares Dilution (1Y)

3.82%

Diluted EPS (TTM)

3.22

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.4B000
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
Get all data in R, Python etc through our Historical Stock Data APIs
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Veeva Systems Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 15, 2024
faddis jonathan
sold
-746,297
207
-3,598
svp, gen. counsel, secretary
Apr 09, 2024
faddis jonathan
gifted
-
-
-5,000
svp, gen. counsel, secretary
Apr 01, 2024
bowman brent r
sold (taxes)
-106,671
230
-463
former chief financial officer
Apr 01, 2024
faddis jonathan
sold (taxes)
-106,671
230
-463
svp, gen. counsel, secretary
Apr 01, 2024
mateo alan
acquired
-
-
6,944
evp global sales
Apr 01, 2024
diamond kristine
acquired
-
-
220
chief accounting officer
Apr 01, 2024
zuppas eleni nitsa
sold (taxes)
-156,665
230
-680
chief marketing officer
Apr 01, 2024
zuppas eleni nitsa
acquired
-
-
1,620
chief marketing officer
Apr 01, 2024
bowman brent r
acquired
-
-
1,296
former chief financial officer
Apr 01, 2024
schwenger thomas d.
acquired
-
-
2,268
president and coo

1–10 of 50

Which funds bought or sold VEEV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 16, 2024
HENGEHOLD CAPITAL MANAGEMENT LLC
reduced
-1.98
66,520
436,736
 0.05%
Apr 16, 2024
KRS Capital Management, LLC
added
0.7
57,939
331,317
 0.27%
Apr 16, 2024
Capital Asset Advisory Services LLC
added
2.57
34,568
274,640
 0.02%
Apr 16, 2024
FLAGSHIP HARBOR ADVISORS, LLC
reduced
-20.68
-28,068
590,115
 0.04%
Apr 16, 2024
Pinnacle Bancorp, Inc.
reduced
-17.48
-191
27,339
 0.01%
Apr 16, 2024
MCF Advisors LLC
unchanged
-
823
4,866
 -%
Apr 16, 2024
TOTH FINANCIAL ADVISORY CORP
new
-
1,391
1,391
 -%
Apr 16, 2024
Sara-Bay Financial
unchanged
-
60,403
367,472
 0.16%
Apr 16, 2024
Artemis Investment Management LLP
reduced
-49.39
-367,018
571,142
 0.01%
Apr 16, 2024
New England Research & Management, Inc.
sold off
-100
-501,000
-
 -%

1–10 of 48

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

VEEV Alerts

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
Apr 16, 2024
4
Insider Trading
Apr 15, 2024
144
Notice of Insider Sale Intent
Apr 10, 2024
4
Insider Trading
Apr 09, 2024
PRE 14A
PRE 14A
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading

Peers (Alternatives to Veeva Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
UNH
441.4B
371.6B
 -1.70% -5.10%
19.72
1.19
 14.64% 11.24%
CI
101.2B
195.3B
 -1.86% 33.27%
18.83
0.52
 8.17% -20.79%
CVS
86.3B
357.8B
 -11.58% -9.18%
10.33
0.24
 10.95% 93.52%
HCA
82.3B
65.0B
 -4.91% 14.61%
15.7
1.27
 7.86% -7.11%
CNC
38.5B
154.0B
 -6.56% 4.41%
14.25
0.25
 6.54% 124.79%
DVA
11.2B
12.1B
 -6.85% 52.87%
16.19
0.92
 4.57% 23.40%
UHS
11.1B
14.3B
 -9.76% 16.96%
15.45
0.78
 6.59% 6.24%
MID-CAP
CHE
9.1B
2.3B
 -6.80% 8.45%
33.56
4.04
 6.06% 9.17%
ACHC
6.5B
2.9B
 -10.10% -6.68%
-299.27
2.21
 12.20% -107.93%
AMN
2.1B
3.8B
 -10.37% -33.80%
10.13
0.56
 -27.73% -52.50%
AMEH
2.1B
1.4B
 -5.48% -7.06%
34.14
1.49
 21.19% 34.42%
SMALL-CAP
ADUS
1.6B
1.1B
 -4.65% -11.57%
25.05
1.48
 11.31% 35.83%
BKD
1.2B
3.0B
 5.90% 51.29%
-6.47
0.41
 6.74% 20.73%
BEAT
56.9M
-
 -6.90% 0.47%
-3.88
-
 - -12.94%
AMS
18.7M
21.3M
 15.18% 4.04%
35.15
0.88
 8.00% -62.25%

Veeva Systems Inc News

Latest updates
Defense World • 20 minutes ago
New York State Teachers Retirement System Buys New Stake in Veeva Systems Inc. (NYSE:VEEV)
Seeking Alpha • 5 hours ago
Veeva Systems Stock: Strong Reasons To Buy And Hold The Shares (NYSE:VEEV)
Yahoo Finance • 12 hours ago
Veeva Systems (VEEV) Stock Moves -0.58%: What You Should Know
Yahoo Finance Australia • 44 hours ago
After Plunging -11.74% in 4 Weeks, Here's Why the Trend Might Reverse for Veeva (VEEV)
Nasdaq • 15 Apr 2024 • 08:58 pm
Notable Two Hundred Day Moving Average Cross - VEEV
Simply Wall St • 15 Apr 2024 • 01:04 pm
Earnings Tell The Story For Veeva Systems Inc. (NYSE:VEEV)
Defense World • 13 Apr 2024 • 06:58 am
Veeva Systems Inc. (NYSE:VEEV) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
Defense World • 12 Apr 2024 • 11:19 am
Bleakley Financial Group LLC Cuts Stake in Veeva Systems Inc. (NYSE:VEEV)
Defense World • 12 Apr 2024 • 06:20 am
Veeva Systems (NYSE:VEEV) Stock Rating Upgraded by StockNews.com
Yahoo Finance • 02 Mar 2024 • 08:00 am
Veeva Systems Inc. (NYSE:VEEV) Analysts Are Pretty Bullish On The Stock After Recent Results

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.3%631617590526563552534505485476456434397378354337312281267245232
Gross Profit1.8%457449421360399398383366350347333317283275256242217208197179168
Operating Expenses0.3%321320317298290277281238230214209189184173166155157127123108105
  S&GA Expenses2.5%99.0097.0097.0089.0089.0094.0090.0076.0079.0072.0072.0065.0062.0058.0059.0056.0059.0046.0046.0040.0039.00
  R&D Expenses1.4%16416115714714313013411310599.0095.0083.0082.0080.0070.0062.0061.0053.0051.0045.0043.00
EBITDA Margin5.7%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*0.29*
Income Taxes-0.6%35.0036.0031.00-39.74-53.1725.0019.0030.0022.0028.0017.0017.002.008.00-0.594.00-0.948.002.004.00-2.46
Earnings Before Taxes7.0%18317114392.0013513410913011913412613310510593.0091.0065.0090.0081.0077.0069.00
EBT Margin5.7%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*0.28*
Net Income9.1%14713511213218910891.0010097.0010610911610397.0094.0087.0066.0082.0079.0073.0071.00
Net Income Margin-9.9%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*0.27*
Free Cashflow-30.1%58.0083.0026550664.0014394.0048154.0011311947969.0096.0010628239.0061.0099.0023529.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets13.1%5,9115,2265,2285,0234,8044,1834,1174,0113,8163,3673,3513,2223,0462,5842,5162,4052,2721,9001,8601,7761,654
  Current Assets15.4%5,0034,3364,3624,1883,9693,3863,3563,2753,1072,6602,6322,4952,3111,8531,7851,6751,5311,6581,6211,5381,433
    Cash Equivalents-5.4%7037447461,0978868651,1431,2431,1381,1501,0681,186732634797724480893829749552
  Net PPE1.6%59.0058.0057.0050.0050.0051.0052.0054.0054.0053.0053.0052.0054.0054.0053.0053.0055.0053.0054.0055.0055.00
  Goodwill0.0%44044044044044044044044044043743743643643643943943931596.0096.0096.00
Liabilities49.7%1,2668461,0761,0801,088764873943905598731777780477560604606342415441416
  Current Liabilities53.5%1,1797681,0021,0061,007690799879841537663710716417501550551307383413401
Shareholder's Equity6.1%4,6454,3804,1533,9433,7163,4193,2443,0682,9122,7692,6202,4452,2662,1061,9571,8011,6661,5591,4451,3351,238
  Retained Earnings5.7%2,7402,5932,4582,3462,2152,0261,9181,8271,7271,6301,5241,4151,3001,1971,1001,006920853771692619
  Additional Paid-In Capital5.0%1,9151,8241,7291,6231,5331,4381,3541,2651,1971,1451,0991,032966906851793745705674642618
Shares Outstanding0.2%161161160160155155155155153154153152151151150150148148148147144
Float---29,700---31,300---46,200---36,000---22,100--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-30.1%57,76982,598265,036505,93663,397142,66093,386481,02754,054112,959119,065478,38568,35195,403105,320282,17239,10961,504100,473236,28931,873
  Share Based Compensation-2.3%98,893101,226102,89590,71995,54493,18796,04267,13461,71762,04562,38548,48949,75548,97349,36636,90737,45929,32128,37020,75619,778
Cashflow From Investing-18.2%-86,703-73,324-618,930-297,394-39,262-405,729-184,205-378,487-55,160-10,229-242,814-37,94921,093-262,586-43,932-48,209-455,2962,729-22,801-41,54243,821
Cashflow From Financing-52.2%-10,484-6,8892,577-1,392-2,241-10,543-7,8841,292-10,556-16,0465,65716,8058,9936,2659,0279,5332,1211,3663,3813,1426,182

VEEV Income Statement

2024-01-31
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2022
Revenues:   
Total revenues$ 2,363,673$ 2,155,060$ 1,850,777
Cost of revenues:   
Total cost of revenues[1]677,291609,405503,678
Gross profit1,686,3821,545,6551,347,099
Operating expenses:   
Research and development[1]629,031520,278382,035
Sales and marketing[1]381,472348,691288,061
General and administrative[1]246,545217,595171,507
Total operating expenses[1]1,257,0481,086,564841,603
Operating income429,334459,091505,496
Other income, net158,68950,0056,815
Income before income taxes588,023509,096512,311
Provision for income taxes62,31821,39084,921
Net income$ 525,705$ 487,706$ 427,390
Net income per share:   
Basic (in usd per share)$ 3.27$ 3.14$ 2.79
Diluted (in usd per share)$ 3.22$ 3.00$ 2.63
Weighted-average shares used to compute net income per share:   
Basic (in shares)160,532155,385153,251
Diluted (in shares)163,486162,437162,277
Other comprehensive income:   
Net change in unrealized gain (loss) on available-for-sale investments, net of tax$ 22,038$ (14,854)$ (9,872)
Net change in cumulative foreign currency translation loss(1,546)(4,317)(3,078)
Comprehensive income546,197468,535414,440
Subscription services   
Revenues:   
Total revenues1,901,5931,733,0021,483,976
Cost of revenues:   
Total cost of revenues[1]290,577257,635224,911
Professional services and other   
Revenues:   
Total revenues462,080422,058366,801
Cost of revenues:   
Total cost of revenues[1]$ 386,714$ 351,770$ 278,767
[1]
(1) Includes stock-based compensation as follows:
Cost of revenues:
Cost of subscription services$6,483 $6,257 $4,795 
Cost of professional services and other53,237 50,341 36,293 
Research and development172,876 141,571 83,837 
Sales and marketing90,865 87,509 56,830 
General and administrative70,272 66,229 52,881 
Total stock-based compensation$393,733 $351,907 $234,636 

VEEV Balance Sheet

2024-01-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2024
Jan. 31, 2023
Current assets:  
Cash and cash equivalents$ 703,487$ 886,465
Short-term investments3,324,2692,216,163
Accounts receivable, net of allowance for doubtful accounts of $520 and $469, respectively852,172703,055
Unbilled accounts receivable36,36582,174
Prepaid expenses and other current assets86,91881,456
Total current assets5,003,2113,969,313
Property and equipment, net58,53249,817
Deferred costs, net23,91631,825
Lease right-of-use assets45,60255,336
Goodwill439,877439,877
Intangible assets, net63,01782,476
Deferred income taxes233,463136,697
Other long-term assets43,30238,955
Total assets5,910,9204,804,296
Current liabilities:  
Accounts payable31,51341,678
Accrued compensation and benefits43,43344,282
Accrued expenses and other current liabilities32,98035,306
Income tax payable11,8624,946
Deferred revenue1,049,761869,285
Lease liabilities9,33411,306
Total current liabilities1,178,8831,006,803
Deferred income taxes2,0521,492
Lease liabilities, noncurrent46,44149,670
Other long-term liabilities38,72030,079
Total liabilities1,266,0961,088,044
Commitments and contingencies (note 14)
Stockholders’ equity:  
Additional paid-in capital1,915,0021,532,627
Accumulated other comprehensive loss(10,637)(31,129)
Retained earnings2,740,4572,214,752
Total stockholders’ equity4,644,8243,716,252
Total liabilities and stockholders’ equity5,910,9204,804,296
Class A common stock  
Stockholders’ equity:  
Common stock[1]$ 2$ 2
Common stock, shares authorized (in shares)800,000,000800,000,000
Class B common stock  
Stockholders’ equity:  
Common stock[1]$ 0$ 0
Common stock, shares authorized (in shares)0190,000,000
[1]
(1)Class B common stock was converted to Class A common stock on October 15, 2023. We refer to our Class A common stock as common stock. See note 11 Stockholders’ Equity.

About Veeva Systems Inc

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 Wed Apr 17 2024, market cap of Veeva Systems Inc is 32.14 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 Wed Apr 17 2024, VEEV's PE ratio (Price to Earnings) is 61.13 and Price to Sales (PS) ratio is 13.6. 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 0.243 (multiply by 100 for percentage) rate of return.