Veeva Systems Inc. (NYSE:VEEV) moved up 2.31% and closed its last trading session at $40.82. This Computer and Technology Sector stock currently has the Market Capitalization of 5.63 Billion. The Average Volume for the stock is measured as 1.29 Million. The Stock has a 52-Week High of $42.58 and 52-Week Low of $19.97 following the dates, it touched its 52-Week High on Aug 31, 2016 and 52-Week Low on Feb 11, 2016. Currently, the Return on Assets value for the trailing twelve months is 7.5% with the Return on Equity and Return on Investment of 10.3% and 10.8% respectively. This firm currently has YTD (year to date) performance of 41.49 Percent which is awesome. The Short Ratio for the stock is 5.41.
Veeva Systems Inc. (NYSE:VEEV) Price to Earnings (P/E) ratio is 105.48. EPS or Earning per Share stands at $0.39. The TTM operating margin is 16.3 percent.
Veeva Systems Inc. (NYSE:VEEV) is due to report its Earnings on Tue 22 Nov (In 6 Days). The estimated EPS for the current quarter is said to be $0.1. Following Earnings result, share price were UP 7 times out of last 13 Qtrs. The stock has added about 6% since it reported its last earnings. The Closing price of Veeva Systems Inc. (NYSE:VEEV) at Last Earnings was $37.64 as compared to the previous closing price of $39.9. The Predicted Move on the 7th day after Veeva Systems Inc. (NYSE:VEEV) will release its earnings at about 9%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Veeva Systems Inc. (NYSE:VEEV) beats earnings by 41%, The Stock Missed Earnings 3 times and has met earnings 4 times.
We will discuss the past Quarters Earnings below:
Veeva Systems Inc. (NYSE:VEEV) reported its previous quarter on 08/30/2016 where it reported the Actual Earnings of $0.15. The Closing price before the company posted its earnings was $37.64. The Stock surged on the very next day of earnings and maintained its stock price at $40.92 by showing a % change of 8.71 percent from its previous closing price. The Next Day Volume after Earnings was reported as 12.25 Million. On the 7th day After Earnings Report, the stock hit its share price as $40.65 by showing 8% increase from the Stock price Before Earnings were reported.
On 05/26/2016, the stock reported the EPS of $0.15 where Analysts were projecting the EPS to be $0.11 showing a difference of $0.04. Thus Surprise Factor was there with 36.4 percent. Before Earnings Announcement on 05/26/2016, the firm had its stock price of $29.76. And immediately on the next day after earnings announcement, the stock inclined 8.13% and closed its trading session at $32.18. On 7th Day after earnings release, Veeva Systems Inc. (NYSE:VEEV) surged to 16.26% from $29.76 to $34.6.
On 03/01/2016, Analysts were suspecting EPS of $0.11/share where Veeva Systems Inc. (NYSE:VEEV) reported its Actual EPS of $0.15. Thus showing a Surprise of 36.4 percent. The Closing Price of the stock before earnings was $25.08 while on the Next day the stock closed its trading session at $25.76 with a percentage change of 2.71% from the price of 25.08 before Earnings. The Stock Closing Price on the 7th day of earnings was $26.63.
Veeva Systems Inc. provides industry cloud software and data solutions for the life sciences industry in North America, the European Union, the Asia Pacific, and internationally. The company offers Veeva CRM family of applications for multichannel customer relationship management applications that allow pharmaceutical and biotechnology companies to market and sell compliantly to physicians, other healthcare professionals, and healthcare organizations through multiple touch points, including in-person, email, and online; and Veeva Vault, a cloud-based content and information management solution that enables the management of content-centric processes in various commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, and quality. It also provides Veeva Network master data management solutions for the management of customer master and product master data. In addition, the company offers data and data services, such as Veeva OpenData customer data, compliance data, data services, and email services for customer reference data, as well as Veeva KOL data and services for various opinion leader data. Further, it provides professional and support services in the areas of implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; technical consulting services related to data migration and systems integrations; training on its solutions; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was founded in 2007 and is headquartered in Pleasanton, California.