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Veeva Systems Inc Stock Research

VEEV

210.20USD+0.69(+0.33%)Delayedas of 20 Sep 2023, 12:32 pm
Watchlist

Market Summary

USD210.20+0.69
Delayedas of 20 Sep 2023, 12:32 pm
0.33%

VEEV Alerts

  • 2 major insider sales recently.

VEEV Stock Price

VEEV RSI Chart

VEEV Valuation

Market Cap

33.5B

Price/Earnings (Trailing)

62

Price/Sales (Trailing)

15

EV/EBITDA

64.99

Price/Free Cashflow

34.28

VEEV Price/Sales (Trailing)

VEEV Profitability

EBT Margin

23.62%

Return on Equity

13.12%

Return on Assets

10.15%

Free Cashflow Yield

2.92%

VEEV Fundamentals

VEEV Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

10.48%

Revenue Q/Q

12.14%

VEEV Earnings

Earnings (TTM)

540.1M

Earnings Y/Y

23.21%

Earnings Q/Q

-15.13%

Price Action

52 Week Range

151.02225.49
(Low)(High)

Last 7 days

-2.9%

Last 30 days

12.1%

Last 90 days

3.4%

Trailing 12 Months

21.4%

VEEV Financial Health

Current Ratio

3.94

VEEV Investor Care

Shares Dilution (1Y)

3.45%

Diluted EPS (TTM)

3.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for VEEV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-11
SEKHRI PAUL J
sold
-562,125
224
-2,500
-
2023-09-05
Schwenger Thomas D.
sold
-272,360
220
-1,238
president and coo
2023-09-01
Carges Mark T
acquired
-
-
315
-
2023-09-01
SEKHRI PAUL J
acquired
-
-
290
-
2023-09-01
Cabral Timothy S
acquired
-
-
278
-
2023-09-01
MOHR MARSHALL
acquired
-
-
339
-
2023-09-01
Hung Priscilla
acquired
-
-
302
-
2023-09-01
Hunt Nimrata
acquired
-
-
302
-
2023-09-01
Ritter Gordon
acquired
-
-
352
-
2023-09-01
Wallach Matthew J
acquired
-
-
290
-

1–10 of 50

Which funds bought or sold VEEV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-13
CGC Financial Services, LLC
new
-
4,943
4,943
-%
2023-09-12
Farther Finance Advisors, LLC
added
5.84
10,475
86,013
0.02%
2023-09-12
Prosperity Wealth Management, Inc.
new
-
232,333
232,333
0.15%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
362
5,141
-%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
unchanged
-
15,682
222,446
0.03%
2023-09-07
ST GERMAIN D J CO INC
new
-
4,943
4,943
-%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
28.00
396
-%
2023-08-29
EFG Asset Management (Americas) Corp.
added
3.28
394,387
3,943,920
0.91%
2023-08-25
Yarbrough Capital, LLC
unchanged
-
320,425
4,545,020
0.26%
2023-08-24
Alberta Investment Management Corp
unchanged
-
47,396
672,282
0.01%

1–10 of 47

Latest Funds Activity

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

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

Recent SEC filings of Veeva Systems

View All Filings
Date Filed Form Type Document
Sep 18, 2023
144
Notice of Insider Sale Intent
Sep 12, 2023
4
Insider Trading
Sep 11, 2023
144
Notice of Insider Sale Intent
Sep 11, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading

VEEV Fair Value

Loading...

Peers (Alternatives to Veeva Systems)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
445.6B
348.5B
-3.57% -7.58%
21.11
1.28
13.69% 15.63%
33.5B
2.2B
12.06% 21.42%
62
15
11.56% 37.20%
MID-CAP
3.4B
2.5B
-10.21% -31.13%
-0.85
1.35
13.30% 59.30%
2.5B
1.2B
-6.17% -41.00%
-106.97
2.01
-1.77% -138.27%
SMALL-CAP
1.6B
678.1M
46.14% 40.83%
673.85
2.34
12.34% 2970.73%
1.4B
-
-1.07% -22.58%
22.47
1.63
- -
1.0B
319.4M
-29.59% -30.26%
-6.69
3.19
30.27% 15.64%
848.8M
2.4B
-3.77% -18.89%
6.82
0.35
-5.09% -42.39%
815.2M
55.7M
-11.62% -23.93%
78.48
14.64
7.05% -12.17%
654.2M
274.0M
-1.02% -2.78%
50.83
2.39
5.60% 81.56%
582.9M
284.6M
-13.51% 0.59%
-3.96
2.05
7.33% -1.68%
212.1M
336.9M
-20.28% -47.84%
43.08
0.63
10.57% -74.53%

Veeva Systems News

Barchart
Reflecting On Vertical Software Stocks' Q2 Earnings: Veeva Systems ....
Barchart,
5 hours ago
Investor's Business Daily
The Motley Fool

Returns for VEEV

Cumulative Returns on VEEV

26.3%


7-Year Cumulative Returns

15.2%


5-Year Cumulative Returns

-7.6%


3-Year Cumulative Returns

Risks for VEEV

What is the probability of a big loss on VEEV?

83.8%


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

32.3%


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

Financials for Veeva Systems

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue2.6%2,2322,1762,1552,0772,0011,9221,8511,7621,6631,5621,4651,3801,2831,1961,1041,025969911862815767
Gross Profit2.5%1,5781,5401,5461,4961,4441,3951,3471,2801,2081,1311,056990923864801751707661617576537
Operating Expenses3.1%1,1821,1471,0871,026963891842796755713678651605561514462436411394378359
  S&GA Expenses2.0%368361349339317300288271256244235232220206190170162154149145139
  R&D Expenses4.2%577554520483451412382359340315294273246227210191179167159153147
EBITDA---509493493518519506477456414374359347334337313286253229206
EBITDA Margin---0.24*0.24*0.25*0.27*0.28*0.29*0.29*0.29*0.28*0.27*0.28*0.29*0.30*0.33*0.32*0.31*0.29*0.28*0.27*
Earnings Before Taxes7.1%504470509493493510512498469436394354339327314317295270239211188
EBT Margin---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*0.26*0.25*
Net Income4.1%540519488396394412427433424409380343329314301306288259230199170
Net Income Margin---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*0.24*0.21*
Free Cashflow---780771741767764779761746550520486482434424401388302273267
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets4.1%5,2285,0234,8044,1834,1174,0113,8163,3673,3513,2223,0462,5842,5162,4052,2721,9001,8601,7761,6541,3971,365
  Current Assets4.1%4,3624,1883,9693,3863,3563,2753,1072,6602,6322,4952,3111,8531,7851,6751,5311,6581,6211,5381,4331,1831,152
    Cash Equivalents-31.8%7461,0948868651,1431,2401,1411,1501,0681,186731634797724480893829749552468513
  Net PPE13.7%57.0050.0050.0051.0052.0054.0054.0053.0053.0052.0054.0054.0053.0053.0055.0053.0054.0055.0055.0054.0051.00
  Goodwill0%44044044044044044044043743743643643643943943931596.0096.0096.0096.0096.00
Liabilities-0.4%1,0761,0801,088764873943905598731777780477560604606342415441416259314
  Current Liabilities-0.4%1,0021,0061,007690799879841537663710716417501550551307383413401237295
Shareholder's Equity5.3%4,1533,9433,7163,4193,2443,0682,9122,7692,6202,4452,2662,1061,9571,8011,6661,5591,4451,3351,2381,1381,050
  Retained Earnings4.8%2,4582,3462,2152,0261,9181,8271,7271,6301,5241,4151,3001,1971,1001,006920853771692619548484
  Additional Paid-In Capital6.6%1,7291,6231,5331,4381,3541,2651,1971,1451,0991,032966906851793745705674642618591567
Shares Outstanding-100.0%-160-155155155-154153152-151150150-148148147-145144
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations21.3%977805780771741767764779761747551522488483437430410397311280271
  Share Based Compensation1.8%38237535231828725323522321019718517315313211698.0089.0080.0076.0072.0066.00
Cashflow From Investing-46.9%-1,361-926-1,007-1,023-628-686-346-269-522-323-333-810-544-523-516-17.79-109-127-103-145-190
Cashflow From Financing47.4%-11.60-22.06-19.38-27.69-33.19-19.65-4.1415.0038.0041.0034.0027.0022.0016.0010.0014.0018.0021.0026.0023.0022.00

VEEV Income Statement

2023-07-31
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2023
Jul. 31, 2022
Revenues:    
Total revenues$ 590,225$ 534,218$ 1,116,550$ 1,039,320
Cost of revenues:    
Total cost of revenues[1]169,018151,669335,681291,184
Gross profit421,207382,549780,869748,136
Operating expenses:    
Research and development[1]157,228134,008304,188247,483
Sales and marketing[1]96,99589,617185,498165,732
General and administrative[1]62,93557,832125,604106,157
Total operating expenses[1]317,158281,457615,290519,372
Operating income104,049101,092165,579228,764
Other income, net38,8268,39869,07411,107
Income before income taxes142,875109,490234,653239,871
Income tax provision (benefit)31,24718,889(8,496)49,155
Net income$ 111,628$ 90,601$ 243,149$ 190,716
Net income per share:    
Basic (in usd per share)$ 0.70$ 0.58$ 1.52$ 1.23
Diluted (in usd per share)$ 0.68$ 0.56$ 1.49$ 1.17
Weighted-average shares used to compute net income per share:    
Basic (in shares)160,396154,951160,129154,736
Diluted (in shares)163,284162,132162,989162,499
Other comprehensive income:    
Net change in unrealized loss on available-for-sale investments$ (8,891)$ (2,224)$ (3,463)$ (13,223)
Net change in cumulative foreign currency translation gain (loss)267(900)209(2,154)
Comprehensive income103,00487,477239,895175,339
Subscription services    
Revenues:    
Total revenues470,637428,649885,183831,281
Cost of revenues:    
Total cost of revenues[1]71,16964,035138,744122,988
Professional services and other    
Revenues:    
Total revenues119,588105,569231,367208,039
Cost of revenues:    
Total cost of revenues[1]$ 97,849$ 87,634$ 196,937$ 168,196
[1]
(1) Includes stock-based compensation as follows:
Cost of revenues:
Cost of subscription services$1,748 $1,693 $3,253 $2,970 
Cost of professional services and other14,216 13,818 26,938 23,808 
Research and development45,292 38,901 84,198 64,724 
Sales and marketing23,489 24,031 43,624 40,924 
General and administrative18,150 17,599 35,601 30,750 
Total stock-based compensation$102,895 $96,042 $193,614 $163,176 

VEEV Balance Sheet

2023-07-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2023
Jan. 31, 2023
Current assets:  
Cash and cash equivalents$ 742,607$ 886,465
Short-term investments3,126,1322,216,163
Accounts receivable, net of allowance for doubtful accounts of $551 and $469, respectively379,066703,055
Unbilled accounts receivable37,54182,174
Prepaid expenses and other current assets76,40781,456
Total current assets4,361,7533,969,313
Property and equipment, net56,93749,817
Deferred costs, net22,46331,825
Lease right-of-use assets51,05955,336
Goodwill439,877439,877
Intangible assets, net72,82582,476
Deferred income taxes184,331136,697
Other long-term assets38,89838,955
Total assets5,228,1434,804,296
Current liabilities:  
Accounts payable49,93241,678
Accrued compensation and benefits48,29644,282
Accrued expenses and other current liabilities32,43135,306
Income tax payable24,1434,946
Deferred revenue836,500869,285
Lease liabilities10,65211,306
Total current liabilities1,001,9541,006,803
Deferred income taxes1,2831,492
Lease liabilities, noncurrent47,85349,670
Other long-term liabilities24,41030,079
Total liabilities1,075,5001,088,044
Commitments and contingencies (note 13)
Stockholders’ equity:  
Additional paid-in capital1,729,1231,532,627
Accumulated other comprehensive loss(34,383)(31,129)
Retained earnings2,457,9012,214,752
Total stockholders’ equity4,152,6433,716,252
Total liabilities and stockholders’ equity5,228,1434,804,296
Class A common stock  
Stockholders’ equity:  
Common stock22
Class B common stock  
Stockholders’ equity:  
Common stock$ 0$ 0
Peter P. Gassner
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.