Veeva Systems Inc. (VEEV) EPS Estimated At $0.29

November 11, 2018 - By Hannah Black

Veeva Systems Inc. (NYSE:VEEV) LogoInvestors sentiment increased to 1.79 in Q2 2018. Its up 0.39, from 1.4 in 2018Q1. It increased, as 38 investors sold Veeva Systems Inc. shares while 79 reduced holdings. 65 funds opened positions while 144 raised stakes. 103.85 million shares or 4.21% more from 99.65 million shares in 2018Q1 were reported.
Jefferies Gp reported 3,351 shares. Cambridge Invest Rech reported 17,417 shares. Lord Abbett And Llc has 860,110 shares. Fdx Advsrs has 0.02% invested in Veeva Systems Inc. (NYSE:VEEV). Marshall Wace Ltd Liability Partnership has 23,384 shares for 0.03% of their portfolio. Gulf Bankshares (Uk) Ltd reported 0.03% in Veeva Systems Inc. (NYSE:VEEV). Gideon Inc holds 0.12% or 3,085 shares. State Of Alaska Department Of Revenue invested in 14,580 shares. Commonwealth Bancorp Of Australia owns 200 shares or 0% of their US portfolio. Jag Capital Mngmt Limited Liability has invested 1.67% in Veeva Systems Inc. (NYSE:VEEV). Cwm Ltd Com owns 86 shares. Moreover, Us State Bank De has 0.01% invested in Veeva Systems Inc. (NYSE:VEEV) for 37,101 shares. Ls Investment Advsr Ltd owns 0.01% invested in Veeva Systems Inc. (NYSE:VEEV) for 1,711 shares. Kbc Group Incorporated Nv, a Belgium-based fund reported 11,756 shares. First Manhattan stated it has 1,000 shares or 0% of all its holdings.

Since May 14, 2018, it had 0 insider buys, and 25 insider sales for $23.24 million activity. 612 Veeva Systems Inc. (NYSE:VEEV) shares with value of $48,654 were sold by Faddis Jonathan. Zuppas Eleni Nitsa sold $395,048 worth of stock or 3,800 shares. On Wednesday, September 12 Cabral Timothy S sold $2.58 million worth of Veeva Systems Inc. (NYSE:VEEV) or 25,000 shares. Wallach Matthew J also sold $931,580 worth of Veeva Systems Inc. (NYSE:VEEV) on Monday, May 14. On Thursday, May 31 BARABE TIMOTHY C sold $54,356 worth of Veeva Systems Inc. (NYSE:VEEV) or 701 shares. $136,750 worth of Veeva Systems Inc. (NYSE:VEEV) was sold by Lequient Frederic on Saturday, September 1.

Analysts expect Veeva Systems Inc. (NYSE:VEEV) to report $0.29 EPS on December, 4.They anticipate $0.14 EPS change or 93.33 % from last quarter’s $0.15 EPS. VEEV’s profit would be $41.91 million giving it 80.69 P/E if the $0.29 EPS is correct. After having $0.26 EPS previously, Veeva Systems Inc.’s analysts see 11.54 % EPS growth. The stock decreased 3.14% or $3.03 during the last trading session, reaching $93.6. About 1.47 million shares traded or 2.23% up from the average. Veeva Systems Inc. (NYSE:VEEV) has risen 82.53% since November 11, 2017 and is uptrending. It has outperformed by 66.91% the S&P500.

Veeva Systems Inc. (NYSE:VEEV) Ratings Coverage

Among 9 analysts covering Veeva Systems (NYSE:VEEV), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Veeva Systems had 17 analyst reports since May 25, 2018 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Friday, May 25. The firm has “Overweight” rating given on Wednesday, June 27 by Morgan Stanley. On Friday, August 24 the stock rating was maintained by Deutsche Bank with “Hold”. Bank of America maintained the shares of VEEV in report on Friday, October 5 with “Buy” rating. The company was maintained on Friday, August 24 by Morgan Stanley. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Overweight” rating by Morgan Stanley on Friday, May 25. The firm earned “Buy” rating on Friday, October 5 by Stifel Nicolaus. Canaccord Genuity maintained it with “Buy” rating and $98 target in Friday, August 24 report. The firm has “Buy” rating given on Friday, August 24 by Stifel Nicolaus. The firm has “Overweight” rating given on Friday, August 24 by KeyBanc Capital Markets.

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. The company has market cap of $13.53 billion. The firm offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, which allow pharmaceutical and biotechnology companies to target and support sales and marketing to physicians, other healthcare professionals, and healthcare organizations through various touch points, including in-person, email, and online; and Veeva Vault, a cloud enterprise content management platform and suite of applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, and quality. It has a 89.91 P/E ratio. It also provides Veeva Network master data management solutions for the management of customer master and product master data.

Veeva Systems Inc. (NYSE:VEEV) Institutional Positions Chart

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