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

May 16, 2018 - By Ellis Scott

Veeva Systems Inc. (NYSE:VEEV) LogoInvestors sentiment decreased to 1.06 in 2017 Q4. Its down 0.57, from 1.63 in 2017Q3. It worsened, 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.
Moreover, Guggenheim Limited Liability Corp has 0% invested in Veeva Systems Inc. (NYSE:VEEV). Ahl Prtn Llp has invested 0.04% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). Moreover, Neuberger Berman Group Inc Lc has 0.02% invested in Veeva Systems Inc. (NYSE:VEEV). Commonwealth Bankshares Of reported 0% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). Texas Yale Capital Corp stated it has 0.04% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). Brown Advisory reported 0% stake. Invesco Ltd invested in 0% or 34,292 shares. California-based Spectrum Asset Inc (Nb Ca) has invested 0.36% in Veeva Systems Inc. (NYSE:VEEV). Capital Fund Mgmt Sa invested in 0.11% or 370,315 shares. Hanseatic Serv owns 2,437 shares. Cambridge Investment Research Advisors has invested 0.03% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). Utah Retirement owns 20,100 shares for 0.02% of their portfolio. Aqr Capital Management Ltd Liability Corporation holds 0.01% or 170,005 shares. Teacher Retirement Systems Of Texas invested in 0.04% or 106,543 shares. Susquehanna Intl Grp Inc Ltd Liability Partnership has invested 0% in Veeva Systems Inc. (NYSE:VEEV).

Since December 15, 2017, it had 0 insider purchases, and 22 insider sales for $19.58 million activity. On Thursday, March 1 Lequient Frederic sold $206,202 worth of Veeva Systems Inc. (NYSE:VEEV) or 2,875 shares. Shares for $2.79M were sold by Cabral Timothy S. The insider MATEO ALAN sold 701 shares worth $41,254. 2,000 shares were sold by CODD RONALD E F, worth $114,140 on Friday, January 5. Another trade for 677 shares valued at $47,018 was made by Faddis Jonathan on Thursday, March 1. On Wednesday, February 14 the insider Wallach Matthew J sold $1.38 million.

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 $32.93M giving it 83.35 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 increased 1.32% or $1 during the last trading session, reaching $76.68. About 860,339 shares traded. Veeva Systems Inc. (NYSE:VEEV) has risen 42.88% since May 17, 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. Canaccord Genuity maintained Veeva Systems Inc. (NYSE:VEEV) on Wednesday, December 6 with “Buy” rating. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Overweight” rating by KeyBanc Capital Markets on Friday, March 2. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, February 28. JP Morgan downgraded the shares of VEEV in report on Friday, March 9 to “Neutral” rating. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, February 28. As per Friday, March 23, the company rating was maintained by JMP Securities. The firm earned “Overweight” rating on Thursday, March 1 by Morgan Stanley. The firm has “Hold” rating given on Tuesday, December 5 by Raymond James. The stock of Veeva Systems Inc. (NYSE:VEEV) has “Overweight” rating given on Tuesday, January 30 by Morgan Stanley. Canaccord Genuity maintained it with “Buy” rating and $7500 target in Friday, April 13 report.

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 $10.98 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 83.35 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

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