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.

Many analysts weighed in on 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 a possible loss of -13.4 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 10.32 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 14.49 percent in FY estimates.

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, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

VEEV has an estimated earnings growth rate of -0.07 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 last 52-weeks, VEEV has achieved a high of 68.07 and a low of 36.55. Currently the stock is 73.76 percent higher than its low, and below the high by 6.7 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.