$0.15 EPS Expected for Veeva Systems Inc (VEEV)

August 23, 2017 – By Peter Erickson

Investors sentiment decreased to 1.02 in 2016 Q4. Its down 0.72, from 1.74 in 2016Q3. It is negative, as 31 investors sold Veeva Systems Inc shares while 89 reduced holdings. 44 funds opened positions while 78 raised stakes. 91.95 million shares or 2.07% more from 90.08 million shares in 2016Q3 were reported.
Nuveen Asset Mgmt Ltd Company owns 260,089 shares for 0.05% of their portfolio. Bnp Paribas Invest Prtnrs stated it has 0.06% of its portfolio in Veeva Systems Inc (NYSE:VEEV). Cadence Mgmt Lc has invested 0.09% in Veeva Systems Inc (NYSE:VEEV). Ftb Advsrs Incorporated stated it has 439 shares or 0% of all its holdings. Guggenheim Limited Liability Company has 40,104 shares for 0% of their portfolio. National Bank & Trust Of Montreal Can invested 0.01% in Veeva Systems Inc (NYSE:VEEV). Crestpoint Capital Mgmt Llc has 0.58% invested in Veeva Systems Inc (NYSE:VEEV) for 28,400 shares. Products Partners stated it has 174,394 shares. 799,999 were accumulated by Fred Alger. Parametrica Limited reported 0.21% in Veeva Systems Inc (NYSE:VEEV). Cornerstone Advisors owns 450 shares or 0.02% of their US portfolio. Fmr owns 459,760 shares or 0% of their US portfolio. 19 were reported by Clarivest Asset Mngmt Limited Liability Company. Massachusetts-based Acadian Asset Management Ltd has invested 0% in Veeva Systems Inc (NYSE:VEEV). Legal General Public Limited Company accumulated 11,429 shares.

Since March 1, 2017, it had 0 insider purchases, and 36 selling transactions for $23.65 million activity. $391,755 worth of Veeva Systems Inc (NYSE:VEEV) was sold by Cabral Timothy S. $317,081 worth of Veeva Systems Inc (NYSE:VEEV) shares were sold by Zuppas Eleni Nitsa. Lequient Frederic sold $58,883 worth of stock or 1,339 shares. The insider CODD RONALD E F sold 3,000 shares worth $169,895. The insider Mateo Alan sold $394,763. On Thursday, March 30 the insider BARABE TIMOTHY C sold $65,944.

Analysts expect Veeva Systems Inc (NYSE:VEEV) to report $0.15 EPS on August, 29.They anticipate $0.06 EPS change or 66.67 % from last quarter’s $0.09 EPS. VEEV’s profit would be $20.81 million giving it 109.58 P/E if the $0.15 EPS is correct. After having $0.14 EPS previously, Veeva Systems Inc’s analysts see 7.14 % EPS growth. About 150 shares traded. Veeva Systems Inc (NYSE:VEEV) has risen 114.93% since August 23, 2016 and is uptrending. It has outperformed by 98.23% the S&P500.

Veeva Systems Inc (NYSE:VEEV) Ratings Coverage

Among 13 analysts covering Veeva Systems (NYSE:VEEV), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Veeva Systems had 34 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Market Outperform” rating given on Friday, December 16 by JMP Securities. Citigroup maintained it with “Neutral” rating and $40 target in Tuesday, August 23 report. Canaccord Genuity maintained it with “Buy” rating and $70 target in Monday, May 29 report. The company was maintained on Friday, August 18 by Stifel Nicolaus. The stock of Veeva Systems Inc (NYSE:VEEV) has “Buy” rating given on Friday, May 26 by Stifel Nicolaus. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, November 25. Bank of America initiated the shares of VEEV in report on Friday, June 17 with “Neutral” rating. The rating was downgraded by Morgan Stanley on Monday, June 5 to “Equal-Weight”. As per Friday, May 27, the company rating was maintained by JP Morgan. The company was maintained on Wednesday, August 31 by Stifel Nicolaus.

Veeva Systems Inc. is a provider of cloud software solutions for the global life sciences industry. The company has market cap of $9.12 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 99.57 P/E ratio.

More news for Veeva Systems Inc (NYSE:VEEV) were recently published by: Seekingalpha.com, which released: “Veeva Systems: Beware The Precipice” on July 24, 2017. Fool.com‘s article titled: “Why Veeva Systems Inc. Jumped Today” and published on May 26, 2017 is yet another important article.