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VRNS

VRNS - Varonis Systems Inc Stock Price, Fair Value and News

43.52USD-0.70 (-1.58%)Delayed as of 24 Jun 2024, 12:57 pm ET

Market Summary

VRNS
USD43.52-0.70
Delayedas of 24 Jun 2024, 12:57 pm
-1.58%

VRNS Alerts

  • Losses in recent quarter

VRNS Stock Price

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VRNS RSI Chart

VRNS Valuation

Market Cap

4.9B

Price/Earnings (Trailing)

-47.82

Price/Sales (Trailing)

9.75

EV/EBITDA

-66.44

Price/Free Cashflow

65.72

VRNS Price/Sales (Trailing)

VRNS Profitability

Operating Margin

85.08%

EBT Margin

-17.92%

Return on Equity

-22.79%

Return on Assets

-9.79%

Free Cashflow Yield

1.52%

VRNS Fundamentals

VRNS Revenue

Revenue (TTM)

505.8M

Rev. Growth (Yr)

6.23%

Rev. Growth (Qtr)

-26.01%

VRNS Earnings

Earnings (TTM)

-103.1M

Earnings Growth (Yr)

-5.71%

Earnings Growth (Qtr)

-4.4K%

Breaking Down VRNS Revenue

52 Week Range

24.6644.62
(Low)(High)

Last 7 days

3.3%

Last 30 days

-1.3%

Last 90 days

-7.8%

Trailing 12 Months

73.1%

How does VRNS drawdown profile look like?

VRNS Financial Health

Current Ratio

2.38

Debt/Equity

0.55

Debt/Cashflow

0.32

VRNS Investor Care

Shares Dilution (1Y)

1.63%

Diluted EPS (TTM)

-0.94

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024505.8M000
2023484.7M488.7M487.7M499.2M
2022411.6M434.6M457.6M473.6M
2021313.3M335.2M358.8M390.1M
2020252.0M258.9M270.1M292.7M
2019273.1M270.6M269.1M254.2M
2018229.3M242.1M255.8M270.3M
2017175.0M185.8M198.2M215.4M
2016134.7M144.2M153.9M165.9M
2015106.9M111.4M117.1M127.2M
201479.5M86.3M93.3M101.3M
201358.7M64.0M69.3M74.6M
201200053.4M
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Tracking the Latest Insider Buys and Sells of Varonis Systems Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 31, 2024
gottlieb dov
sold (taxes)
-921,277
42.96
-21,445
vp and general counsel
May 10, 2024
faitelson yakov
sold
-2,113,460
44.5342
-47,457
ceo, president, chairman
May 10, 2024
faitelson yakov
acquired
266,865
5.6233
47,457
ceo, president, chairman
May 10, 2024
korkus ohad
acquired
19,677
7.00
2,811
-
May 09, 2024
faitelson yakov
acquired
2,901,330
7.78791
372,543
ceo, president, chairman
May 09, 2024
faitelson yakov
sold
-12,855,500
45.2321
-284,211
ceo, president, chairman
May 08, 2024
prishkolnik rachel
acquired
-
-
4,163
-
May 08, 2024
korkus ohad
acquired
-
-
4,163
-
May 08, 2024
van den bosch fred
acquired
-
-
4,163
-
May 08, 2024
gavin john j jr
acquired
-
-
4,163
-

1–10 of 50

Which funds bought or sold VRNS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 21, 2024
Abich Financial Wealth Management LLC
new
-
189
189
-%
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-96.67
-6,573
219
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
reduced
-9.76
-60,000
872,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-87.8
-6,626,000
965,000
0.01%
May 20, 2024
Virtu Financial LLC
sold off
-100
-232,000
-
-%
May 16, 2024
CASTLEARK MANAGEMENT LLC
reduced
-11.85
-788,793
8,859,470
0.37%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.7
-92,506
5,139,640
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-57.53
-6,629,300
5,260,870
-%
May 16, 2024
COMERICA BANK
added
5.67
9,131
100,138
-%
May 15, 2024
Petrus Trust Company, LTA
sold off
-100
-409,195
-
-%

1–10 of 38

Are Funds Buying or Selling VRNS?

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

Unveiling Varonis Systems Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.19%
11,101,652
SC 13G/A
Feb 12, 2024
william blair investment management, llc
3.0%
3,249,245
SC 13G/A
Jan 24, 2024
blackrock inc.
10.2%
11,149,383
SC 13G/A
Jul 10, 2023
vanguard group inc
10.09%
11,071,010
SC 13G/A
Feb 09, 2023
william blair investment management, llc
5.6%
6,181,738
SC 13G
Feb 09, 2023
vanguard group inc
9.59%
10,569,355
SC 13G/A
Feb 06, 2023
wellington management group llp
0.84%
926,881
SC 13G/A
Jan 06, 2023
blackrock inc.
10.4%
11,456,671
SC 13G/A
Nov 10, 2022
wellington management group llp
5.46%
6,003,761
SC 13G/A
Mar 11, 2022
blackrock inc.
9.3%
9,942,342
SC 13G/A

Recent SEC filings of Varonis Systems Inc

View All Filings
Date Filed Form Type Document
Jun 05, 2024
8-K
Current Report
May 31, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 10, 2024
144
Notice of Insider Sale Intent
May 10, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading

Peers (Alternatives to Varonis Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.3T
236.6B
4.47% 32.40%
38.79
14.13
13.97% 24.86%
239.0B
19.9B
10.17% 11.63%
49.78
11.99
10.76% 1.35%
92.3B
3.3B
10.28% 161.28%
700.77
28.09
34.26% 187.06%
38.8B
22.9B
-6.50% -1.79%
88.33
1.7
23.28% 285.17%
13.5B
3.9B
-6.66% 0.77%
21.64
3.49
7.01% 28.42%
MID-CAP
9.9B
2.8B
-2.09% 17.08%
19.94
3.57
0.20% 52.82%
7.9B
619.6M
5.11% 31.38%
820.87
12.69
7.11% 116.83%
6.7B
605.7M
0.21% 24.15%
-35.45
11.04
18.08% 24.38%
3.9B
1.5B
2.97% 69.36%
26.81
2.65
6.51% 54.77%
2.0B
560.0M
-12.40% -41.90%
-18.79
3.61
14.52% 34.67%
SMALL-CAP
1.2B
1.2B
-1.90% -19.65%
18.73
1.05
3.70% 27.53%
1.0B
254.7M
-9.06% -8.10%
22.53
4.05
-7.51% 2.74%
418.3M
634.3M
-25.68% 21.91%
-14.33
0.66
9.43% -197.31%
12.0M
26.4M
-36.25% -74.60%
-1.04
0.45
212.19% -94.63%
10.6M
15.3M
-13.45% -12.71%
-1.06
0.7
-7.99% -1417.41%

Varonis Systems Inc News

Latest updates
Defense World32 hours ago
Yahoo Movies UK22 Jun 202407:29 am
Yahoo Finance06 May 202407:00 am

Varonis Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-26.0%114,022154,099122,308115,418107,335142,617123,308111,44896,261126,578100,35388,41874,78595,19776,75166,56554,17672,56065,64959,62156,360
Cost Of Revenue10.3%21,34919,34717,38117,38617,63717,03017,19817,79917,80917,37814,33814,20113,48212,46211,28410,33510,1809,6528,7688,3988,326
Gross Profit-31.2%92,673134,752104,92798,03289,698125,587106,11093,64978,452109,20086,01574,21761,30382,73565,46756,23043,99662,90856,88151,22348,034
Operating Expenses0.2%140,306139,996134,074137,748132,814135,580131,692131,217126,537127,033104,570102,44895,37889,93481,91978,32476,66676,91372,85675,22970,035
  S&GA Expenses0.9%71,22770,56968,61070,32168,39371,77969,81068,71464,78767,67356,22954,91951,49348,90445,43542,98342,58044,12942,11741,65641,996
  R&D Expenses-0.7%47,82748,14444,81846,14444,73245,01844,47844,81543,57040,14334,34433,33330,06227,93824,67024,06722,68821,87420,40019,72218,768
EBITDA Margin-3.8%-0.15*-0.14*-0.16*-0.16*-0.17*-0.20*-0.25*-0.26*-0.26*-0.25*-0.25*-0.25*---------
Interest Expenses158300.0%1,5841.001,5843.001,6081.001,5831.001,582-1,5824.001,582--------
Income Taxes29.0%1,4021,0872,5047,4462,9615,0255,5661,6981,4143,0231,5259155597,295220384213801530547510
Earnings Before Taxes-20781.5%-39,088189-20,513-31,251-35,343-5,723-23,151-34,592-47,349-21,920-21,789-32,033-35,097-11,737-19,005-23,939-31,217-13,849-16,457-23,941-22,129
EBT Margin-2.9%-0.18*-0.17*-0.19*-0.20*-0.20*-0.23*-0.28*-0.29*-0.30*-0.28*-0.28*-0.29*---------
Net Income-4408.9%-40,490-898-23,017-38,697-38,304-10,748-28,717-36,290-48,763-24,943-23,314-32,948-35,656-19,032-19,225-24,323-31,430-14,650-16,987-24,488-22,639
Net Income Margin-0.8%-0.20*-0.20*-0.23*-0.24*-0.24*-0.26*-0.30*-0.31*-0.32*-0.30*-0.31*-0.32*---------
Free Cashflow580.4%56,4268,2935,9914,31335,720-328-3,138-17,10621,047-6,032-6,279-10,268---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-4.6%1,0541,1041,0211,0371,0111,0441,0591,0521,0521,1091,0581,0321,038555503498287318298304305
  Current Assets-7.7%708767686905876906917907904959912897900420401390177215198207220
    Cash Equivalents-36.3%14723111139924936875475377680680378175423423124078.0069.0053.0069.0064.00
  Net PPE-6.6%32.0034.0034.0037.0038.0039.0038.0040.0039.0038.0034.0035.0036.0037.0036.0037.0037.0036.0027.0024.0021.00
  Goodwill0%23.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.00-------
  Current Liabilities-3.1%297307267255217229209209196212182182179183148145145160134135133
  Long Term Debt0.2%251250---249---225---218-------
    LT Debt, Non Current0.2%251250---249---225---218-------
Shareholder's Equity-7.6%45249044547148150253252653659757757057994.0083.0079.0080.0094.0098.00100110
  Retained Earnings-6.3%-684-644-643-620-581-543-532-504-467-427-402-379-346-310-291-272-248-216-202-185-160
  Additional Paid-In Capital0.3%1,1461,1431,1111,1091,0771,0551,0771,0381,0001,018977947921395371347328311299285271
Shares Outstanding2.3%112109109110108108110110108105107106---------
Float----2,560---3,170---6,080---2,730---1,840-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations443.0%56,72310,4476,3335,80636,8303,434-1,638-14,46724,542338-4,305-9,23820,3837,654-2,692-14,6783,874-7.00-13,629-11,10214,055
  Share Based Compensation1.4%32,09331,64332,98039,38535,81134,80634,30037,75835,99838,11024,42225,86821,37919,40118,67817,62312,88311,36011,02214,7968,961
Cashflow From Investing-201.5%-111,966110,350-263,335152,424-142,515-332,283-2,019-8,079-31,8702,15720,05137,016-4,845-5,191-10,637-39,33441415,681-5,57417,2635,933
Cashflow From Financing-2170.2%-28,446-1,253-30,998-7,619-13,530-57,5964,730-1.00-22,7141226,041-27.00503,9761714,808216,4584,3162713,028-1,463-4,234
  Buy Backs---35,9235,0802,51956,444---------------
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VRNS Income Statement

2024-03-31
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Revenue$ 114,022$ 107,335
Cost of revenues21,34917,637
Gross profit92,67389,698
Operating expenses:  
Research and development47,82744,732
Sales and marketing71,22768,393
General and administrative21,25219,689
Total operating expenses140,306132,814
Operating loss(47,633)(43,116)
Financial income, net8,5457,773
Loss before income taxes(39,088)(35,343)
Income taxes(1,402)(2,961)
Net loss$ (40,490)$ (38,304)
Net loss per share of common stock, basic (in dollars per share)$ (0.37)$ (0.35)
Net loss per share of common stock, diluted (in dollars per share)$ (0.37)$ (0.35)
Weighted average number of shares used in computing net loss per share of common stock, basic (in shares)109,990,177108,387,402
Weighted average number of shares used in computing net loss per share of common stock, diluted (in shares)109,990,177108,387,402
Term license subscriptions  
Revenues:  
Revenue$ 55,980$ 80,906
SaaS  
Revenues:  
Revenue33,9852,068
Maintenance and services  
Revenues:  
Revenue$ 24,057$ 24,361

VRNS Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 147,051$ 230,740
Marketable securities355,743253,175
Short-term deposits45,28049,800
Trade receivables (net of allowances of $1,135 and $1,487 at March 31, 2024 and December 31, 2023, respectively)100,441169,116
Prepaid expenses and other current assets59,24464,326
Total current assets707,759767,157
Long-term assets:  
Long-term marketable securities226,366211,063
Operating lease right-of-use assets49,22051,838
Property and equipment, net31,73333,964
Intangible assets, net8811,263
Goodwill23,13523,135
Other assets14,56015,490
Total long-term assets345,895336,753
Total assets1,053,6541,103,910
Current liabilities:  
Trade payables2,899672
Accrued expenses and other short-term liabilities109,202125,057
Deferred revenues185,086181,049
Total current liabilities297,187306,778
Long-term liabilities:  
Convertible senior notes, net250,860250,477
Operating lease liabilities48,00951,313
Deferred revenues403886
Other liabilities4,8464,808
Total long-term liabilities304,118307,484
Stockholders’ equity:  
Common stock of $0.001 par value - Authorized: 200,000,000 shares at March 31, 2024 and December 31, 2023; Issued and outstanding: 111,589,110 shares at March 31, 2024 and 109,103,721 shares at December 31, 2023112109
Accumulated other comprehensive loss(9,105)(8,649)
Additional paid-in capital1,146,2221,142,578
Accumulated deficit(684,880)(644,390)
Total stockholders’ equity452,349489,648
Total liabilities and stockholders’ equity$ 1,053,654$ 1,103,910
VRNS
Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, Intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, which offers a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company provides Data Transport Engine, which provides an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that offers search functionality for enterprise data. Varonis Systems, Inc. sells products and services through a network of distributors and resellers. The company serves IT, security, and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is based in New York, New York.
 CEO
 WEBSITEvaronis.com
 INDUSTRYSoftware - Infra
 EMPLOYEES2143

Varonis Systems Inc Frequently Asked Questions


What is the ticker symbol for Varonis Systems Inc? What does VRNS stand for in stocks?

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

What is the market capital of Varonis Systems Inc (VRNS)?

As of Fri Jun 21 2024, market cap of Varonis Systems Inc is 4.93 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VRNS stock?

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

What is the fair value of VRNS stock?

You can check VRNS's fair value in chart for subscribers. The fair value of Varonis 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 Varonis 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 VRNS 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 Varonis Systems Inc a good stock to buy?

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

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

As of Fri Jun 21 2024, VRNS's PE ratio (Price to Earnings) is -47.82 and Price to Sales (PS) ratio is 9.75. 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. VRNS PE ratio will change depending on the future growth rate expectations of investors.

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

In the past 10 years, Varonis Systems Inc has provided 0.179 (multiply by 100 for percentage) rate of return.