Analyst Ratings for Veeva Systems Inc. Cl A (VEEV)Updated: 2017-07-28
Shares of Veeva Systems Inc. Cl A (NYSE:VEEV) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for VEEV last month.
8 analysts declared VEEV a buy, 0 gave an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for VEEV. The highest price target was 70, which equates to a potential upside of 10.22 percent. The most pessimistic price target was 55, implying potential capital losses of -13.4 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 10.32 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 14.49 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of VEEV to grow at a rate of -0.07 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. VEEV has a PEG ratio of -1380.86.
In the trailing 52-weeks, VEEV hit 68.07 at the highest peak, while it's lowest trading point was 36.55. Today's price is 73.76 percent above the 52-week low, and 6.7 percent below the high. VEEV has a P/E ratio of 96.66. Investors typically compare the P/E ratio to a company's peers in the industry. The VEEV value stock report compares VEEV to some of its peers using value stock charts. The stock has a market capitalization of $8.8 billion. VEEV's next earnings release will be on 0000-00-00, which is days away.