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.

Investment analysts gave a few price targets for VEEV. The highest price target was 70, implying potential capital gains of 10.22 percent. The minimum price target given was 55, implying a possible loss 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. That number becomes 10.32 percent if we expand the time horizon to include the past 3 months instead of just one. 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 have revised their quarterly estimates upwards in the past 30 days, 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, while 0 analysts decreased their estimates.

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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. VEEV has a PEG ratio of -1380.86.

VEEV has traded between a high of 68.07 and a low of 36.55 over the past year. Currently the stock is 73.76 percent higher than its low, and below the high by 6.7 percent. VEEV has a price/earnings 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 market cap of VEEV is $8.8 billion. VEEV's next earnings release will be on 0000-00-00, which is days away.