Veeva Programs (NYSE:VEEV – Get Free Report) had its value goal hoisted by funding analysts at Financial institution of America from $204.00 to $240.00 in a report issued on Thursday, Benzinga experiences. The brokerage presently has a “impartial” score on the expertise firm’s inventory. Financial institution of America‘s goal value would point out a possible upside of 20.39% from the inventory’s earlier shut.
Different equities analysis analysts have additionally lately issued analysis experiences concerning the inventory. Barclays dropped their goal value on shares of Veeva Programs from $245.00 to $220.00 and set an “chubby” score for the corporate in a analysis report on Friday, Could thirty first. Robert W. Baird lifted their goal value on shares of Veeva Programs from $251.00 to $255.00 and gave the corporate an “outperform” score in a analysis word on Wednesday, Could twenty ninth. Evercore ISI decreased their goal value on Veeva Programs from $230.00 to $200.00 and set an “in-line” score on the inventory in a report on Friday, Could thirty first. Truist Monetary dropped their value goal on Veeva Programs from $203.00 to $197.00 and set a “maintain” score for the corporate in a report on Friday, June 14th. Lastly, Guggenheim boosted their value goal on Veeva Programs from $211.00 to $233.00 and gave the inventory a “purchase” score in a analysis word on Thursday, July 18th. One equities analysis analyst has rated the inventory with a promote score, six have given a maintain score and sixteen have assigned a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, Veeva Programs presently has a median score of “Average Purchase” and a median goal value of $232.09.
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Veeva Programs Buying and selling Down 0.4 %
Shares of VEEV opened at $199.35 on Thursday. The inventory has a market cap of $32.22 billion, a PE ratio of 58.81, a PEG ratio of 1.95 and a beta of 0.80. Veeva Programs has a 1 yr low of $162.72 and a 1 yr excessive of $236.90. The inventory has a 50 day easy shifting common of $187.82 and a 200-day easy shifting common of $202.03.
Veeva Programs (NYSE:VEEV – Get Free Report) final introduced its quarterly earnings outcomes on Wednesday, August twenty eighth. The expertise firm reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. Veeva Programs had a return on fairness of 12.74% and a internet margin of twenty-two.34%. The agency had income of $676.18 million for the quarter, in comparison with analysts’ expectations of $667.21 million. On common, sell-side analysts forecast that Veeva Programs will submit 4.19 EPS for the present fiscal yr.
Insiders Place Their Bets
In associated information, SVP Jonathan Faddis bought 2,353 shares of the corporate’s inventory in a transaction dated Wednesday, August twenty first. The inventory was bought at a median value of $200.00, for a complete worth of $470,600.00. Following the completion of the sale, the senior vice chairman now owns 9,035 shares within the firm, valued at $1,807,000. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is offered at the SEC web site. In different Veeva Programs information, SVP Jonathan Faddis bought 2,353 shares of the corporate’s inventory in a transaction that occurred on Wednesday, August twenty first. The shares had been bought at a median value of $200.00, for a complete worth of $470,600.00. Following the completion of the sale, the senior vice chairman now owns 9,035 shares of the corporate’s inventory, valued at $1,807,000. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which might be accessed by the SEC web site. Additionally, CFO Timothy S. Cabral bought 15,000 shares of the inventory in a transaction on Friday, June seventh. The inventory was bought at a median value of $184.33, for a complete transaction of $2,764,950.00. Following the completion of the sale, the chief monetary officer now owns 8,391 shares within the firm, valued at $1,546,713.03. The disclosure for this sale might be discovered right here. Firm insiders personal 10.50% of the corporate’s inventory.
Institutional Buyers Weigh In On Veeva Programs
Quite a lot of hedge funds have lately modified their holdings of VEEV. Aspect Wealth Inc. lifted its place in Veeva Programs by 3.2% within the 4th quarter. Aspect Wealth Inc. now owns 1,542 shares of the expertise firm’s inventory valued at $323,000 after buying an extra 48 shares within the final quarter. Clearbridge Investments LLC boosted its place in shares of Veeva Programs by 0.4% throughout the second quarter. Clearbridge Investments LLC now owns 11,682 shares of the expertise firm’s inventory price $2,138,000 after shopping for an extra 52 shares throughout the interval. Western Pacific Wealth Administration LP boosted its place in shares of Veeva Programs by 23.3% throughout the first quarter. Western Pacific Wealth Administration LP now owns 307 shares of the expertise firm’s inventory price $71,000 after shopping for an extra 58 shares throughout the interval. Yousif Capital Administration LLC grew its holdings in shares of Veeva Programs by 3.5% throughout the fourth quarter. Yousif Capital Administration LLC now owns 1,777 shares of the expertise firm’s inventory price $342,000 after shopping for an extra 60 shares within the final quarter. Lastly, OV Administration LLC raised its place in Veeva Programs by 1.0% within the 2nd quarter. OV Administration LLC now owns 6,659 shares of the expertise firm’s inventory valued at $1,219,000 after shopping for an extra 63 shares over the past quarter. Institutional traders and hedge funds personal 88.20% of the corporate’s inventory.
About Veeva Programs
Veeva Programs Inc offers cloud-based software program for the life sciences business. It presents Veeva Business Cloud, a collection of software program and analytics options, comparable to Veeva buyer relationship administration (CRM) that allow customer-facing workers at pharmaceutical and biotechnology corporations; Veeva Vault PromoMats, an end-to-end content material and digital asset administration answer; Veeva Vault Medical that gives supply of medical content material throughout a number of channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical manufacturers; Veeva OpenData, a buyer reference knowledge answer; Veeva Hyperlink, a knowledge utility that enables hyperlink to generate real-time intelligence; and Veeva Compass contains de-identified and longitudinal affected person knowledge for america.
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