Veeva Systems (NYSE:VEEV) is set to post its quarterly earnings results after the market closes on Tuesday, March 2nd. Analysts expect Veeva Systems to post earnings of $0.45 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Veeva Systems (NYSE:VEEV) last announced its quarterly earnings data on Monday, November 30th. The technology company reported $0.78 EPS for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.10. Veeva Systems had a net margin of 24.88% and a return on equity of 15.73%. The firm had revenue of $377.52 million for the quarter, compared to the consensus estimate of $361.86 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The firm’s revenue was up 34.4% on a year-over-year basis. On average, analysts expect Veeva Systems to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of VEEV opened at $293.11 on Tuesday. The company’s 50 day moving average price is $291.61 and its 200 day moving average price is $279.86. Veeva Systems has a 52 week low of $118.11 and a 52 week high of $325.54. The company has a market capitalization of $44.40 billion, a PE ratio of 136.97, a PEG ratio of 9.41 and a beta of 0.84.
In other Veeva Systems news, EVP Alan Mateo sold 2,666 shares of the business’s stock in a transaction on Friday, February 5th. The shares were sold at an average price of $290.21, for a total value of $773,699.86. Following the sale, the executive vice president now owns 4,610 shares of the company’s stock, valued at approximately $1,337,868.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Frederic Lequient sold 359 shares of the business’s stock in a transaction on Friday, December 11th. The shares were sold at an average price of $265.64, for a total transaction of $95,364.76. Following the completion of the sale, the senior vice president now directly owns 387 shares in the company, valued at approximately $102,802.68. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,901 shares of company stock valued at $10,760,730. Corporate insiders own 14.38% of the company’s stock.
About Veeva Systems
Veeva Systems Inc provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, commercial data warehouse, allocation and alignment applications, master data management application, and data and services; and Veeva Vault, a cloud-based enterprise content and data management applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, quality, and safety.
Receive News & Ratings for Veeva Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veeva Systems and related companies with MarketBeat.com's FREE daily email newsletter.