Analysts See $0.16 EPS for Veeva Systems Inc (VEEV)

November 15, 2017 - By Marie Mckinney

 Analysts See $0.16 EPS for Veeva Systems Inc (VEEV)
Investors sentiment increased to 1.76 in Q2 2017. Its up 0.79, from 0.97 in 2017Q1. It improved, as 24 investors sold Veeva Systems Inc shares while 83 reduced holdings. 99 funds opened positions while 89 raised stakes. 94.85 million shares or 2.55% less from 97.33 million shares in 2017Q1 were reported.
Tci Wealth Advsrs holds 0% or 53 shares in its portfolio. Prudential Fincl holds 0% or 43,900 shares in its portfolio. Connecticut-based Point72 Asset Management Limited Partnership has invested 0.08% in Veeva Systems Inc (NYSE:VEEV). Aqr Cap Lc invested in 0% or 46,657 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 33,850 shares. Nomura Asset Management reported 0.01% of its portfolio in Veeva Systems Inc (NYSE:VEEV). Mackenzie Finance Corporation reported 117,115 shares. Solutions Llc holds 0% in Veeva Systems Inc (NYSE:VEEV) or 500 shares. Gilder Gagnon Howe Company Limited Liability Corporation accumulated 850,166 shares. Ameriprise Fincl stated it has 0.01% in Veeva Systems Inc (NYSE:VEEV). Andra Ap holds 0.02% or 15,900 shares. Caxton L P has invested 0% in Veeva Systems Inc (NYSE:VEEV). Keybank Association Oh invested in 0% or 9,678 shares. Thompson Davis & Incorporated stated it has 0.33% in Veeva Systems Inc (NYSE:VEEV). Ftb reported 361 shares.

Since May 15, 2017, it had 0 insider purchases, and 13 insider sales for $9.48 million activity. 3,000 shares were sold by CODD RONALD E F, worth $169,895 on Monday, May 15. Another trade for 4,375 shares valued at $253,154 was sold by Cabral Timothy S. Another trade for 8,025 shares valued at $453,936 was made by Mateo Alan on Monday, May 15. $70,785 worth of stock was sold by Lequient Frederic on Thursday, June 1. Zuppas Eleni Nitsa had sold 4,897 shares worth $317,081 on Tuesday, May 30. 34,065 shares were sold by Faddis Jonathan, worth $2.27 million on Tuesday, May 30.

Investors wait Veeva Systems Inc (NYSE:VEEV) to report on December, 5 after the close. its quarterly earnings Wall Street analysts expect $0.16 earnings per share, up $0.01 or 6.67 % from last year’s $0.15 same quarter earnings. This translates into $22.50M profit for VEEV giving the stock a 94.98 P/E. This is assuming the current $0.16 EPS is accurate. Veeva Systems Inc’s Wall Street analysts see 6.67 % EPS growth, taking into account the $0.15 EPS reproted in the previous quarter, The stock decreased 1.14% or $0.7 during the last trading session, reaching $60.79. About 562,672 shares traded. Veeva Systems Inc (NYSE:VEEV) has risen 114.93% since November 15, 2016 and is uptrending. It has outperformed by 98.23% the S&P500.

Veeva Systems Inc (NYSE:VEEV) Ratings Coverage

Among 14 analysts covering Veeva Systems (NYSE:VEEV), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Veeva Systems had 41 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, August 24 by KeyBanc Capital Markets. The firm earned “Neutral” rating on Tuesday, August 23 by Citigroup. The firm earned “Buy” rating on Wednesday, November 23 by Canaccord Genuity. As per Friday, May 26, the company rating was upgraded by Bank of America. Deutsche Bank maintained it with “Hold” rating and $31 target in Friday, May 27 report. The stock of Veeva Systems Inc (NYSE:VEEV) has “Buy” rating given on Wednesday, March 1 by Needham. The firm has “Market Outperform” rating given on Friday, December 16 by JMP Securities. The firm earned “Hold” rating on Wednesday, November 25 by Deutsche Bank. The firm earned “Buy” rating on Friday, August 25 by Needham. The firm has “Overweight” rating given on Friday, May 27 by JP Morgan.

Veeva Systems Inc. is a provider of cloud software solutions for the global life sciences industry. The company has market cap of $8.55 billion. The Firm offers solutions for a range of requirements within life sciences companies, including multichannel customer relationship management, regulated content and information management, master data management and customer data. It has a 73.33 P/E ratio.

More notable recent Veeva Systems Inc (NYSE:VEEV) news were published by: Investorplace.com which released: “Veeva Systems (VEEV) a Buy on Robust Earnings Momentum” on November 09, 2017, also Investorplace.com with their article: “Veeva Systems’ (VEEV) Healthy Earnings Growth Makes it a Buy” published on November 02, 2017, Investorplace.com published: “Earnings Visibility Keeps Veeva Systems (VEEV) a Buy” on October 19, 2017. More interesting news about Veeva Systems Inc (NYSE:VEEV) were released by: Investorplace.com and their article: “Veeva Systems’ (VEEV) Solid Earnings Growth Makes it a Buy” published on October 26, 2017 as well as Businesswire.com‘s news article titled: “Veeva to Release Fiscal 2018 Third Quarter Results on December 5, 2017” with publication date: November 07, 2017.

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