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.
Several price targets were given for VEEV by the analysts covering the stock. The most optimistic price target was 70, implying potential capital gains of 10.22 percent. The most pessimistic price target was 55, implying potential capital losses of -13.4 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 14.49 percent.
Another thing investors often look at is the level of agreement among analysts' 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, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of VEEV to grow at a rate of -0.07 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies 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.