Veeva Systems Inc. (VEEV) EPS Estimated At $0.23

May 18, 2018 - By Louis Casey

Veeva Systems Inc. (NYSE:VEEV) LogoInvestors sentiment decreased to 1.06 in 2017 Q4. Its down 0.57, from 1.63 in 2017Q3. It dived, as 51 investors sold Veeva Systems Inc. shares while 91 reduced holdings. 54 funds opened positions while 96 raised stakes. 98.12 million shares or 2.33% more from 95.88 million shares in 2017Q3 were reported.
Pacad Inv Ltd owns 7,518 shares or 0.09% of their US portfolio. M Holdg Securities Inc invested in 4,075 shares or 0.62% of the stock. Messner Smith Theme Value Inv Mgmt Limited Ca owns 17,225 shares or 1.52% of their US portfolio. Cadence Capital Mngmt Ltd Co holds 0.07% or 21,004 shares in its portfolio. Susquehanna International Grp Llp invested in 0% or 121,249 shares. Hanseatic Management stated it has 2,437 shares or 0.14% of all its holdings. Jpmorgan Chase And owns 2.38 million shares for 0.03% of their portfolio. Gsa Llp reported 52,971 shares. Keybank Natl Association Oh holds 0% or 15,275 shares. Dubuque Bank & Tru reported 2,955 shares. First Quadrant Ltd Partnership Ca holds 1,668 shares or 0% of its portfolio. Cubist Systematic Strategies Ltd holds 6,471 shares or 0.02% of its portfolio. 3,150 are owned by Daiwa Group. Stevens First Principles Invest holds 0.04% of its portfolio in Veeva Systems Inc. (NYSE:VEEV) for 1,455 shares. Glynn Capital Mngmt Ltd Co has invested 3.45% in Veeva Systems Inc. (NYSE:VEEV).

Since December 15, 2017, it had 0 insider buys, and 23 sales for $20.51 million activity. Another trade for 934 shares valued at $64,866 was made by Zuppas Eleni Nitsa on Thursday, March 1. The insider MATEO ALAN sold $43,772. Wallach Matthew J sold $1.39 million worth of Veeva Systems Inc. (NYSE:VEEV) on Tuesday, January 9. Lequient Frederic also sold $930,000 worth of Veeva Systems Inc. (NYSE:VEEV) shares. On Wednesday, March 21 SEKHRI PAUL J sold $83,610 worth of Veeva Systems Inc. (NYSE:VEEV) or 1,108 shares. Faddis Jonathan had sold 2,462 shares worth $186,571 on Wednesday, March 7.

Analysts expect Veeva Systems Inc. (NYSE:VEEV) to report $0.23 EPS on May, 24 after the close.They anticipate $0.09 EPS change or 64.29 % from last quarter’s $0.14 EPS. VEEV’s profit would be $32.93 million giving it 82.77 P/E if the $0.23 EPS is correct. After having $0.17 EPS previously, Veeva Systems Inc.’s analysts see 35.29 % EPS growth. The stock decreased 0.69% or $0.53 during the last trading session, reaching $76.15. About 629,482 shares traded. Veeva Systems Inc. (NYSE:VEEV) has risen 42.88% since May 18, 2017 and is uptrending. It has outperformed by 31.33% the S&P500.

Veeva Systems Inc. (NYSE:VEEV) Ratings Coverage

Among 9 analysts covering Veeva Systems (NYSE:VEEV), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Veeva Systems had 12 analyst reports since December 5, 2017 according to SRatingsIntel. The stock of Veeva Systems Inc. (NYSE:VEEV) has “Market Outperform” rating given on Friday, March 23 by JMP Securities. The stock of Veeva Systems Inc. (NYSE:VEEV) has “Overweight” rating given on Tuesday, January 30 by Morgan Stanley. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, February 28 report. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, February 28 report. KeyBanc Capital Markets maintained Veeva Systems Inc. (NYSE:VEEV) on Friday, March 2 with “Overweight” rating. The firm has “Buy” rating given on Friday, April 13 by Canaccord Genuity. The stock has “Overweight” rating by Morgan Stanley on Thursday, March 1. As per Friday, March 9, the company rating was downgraded by J.P. Morgan. The stock has “Neutral” rating by JP Morgan on Friday, March 9. The rating was maintained by Canaccord Genuity on Wednesday, December 6 with “Buy”.

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. The company has market cap of $10.90 billion. The firm offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, which allow pharmaceutical and biotechnology companies to target and support sales and marketing to physicians, other healthcare professionals, and healthcare organizations through various touch points, including in-person, email, and online; and Veeva Vault, a cloud enterprise content management platform and suite of applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, and quality. It has a 82.77 P/E ratio. It also provides Veeva Network master data management solutions for the management of customer master and product master data.

Veeva Systems Inc. (NYSE:VEEV) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.