Veeva Systems Inc. with ticker code (VEEV) now have 25 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $264.00 and $160.00 calculating the average target price we see $216.88. Given that the stocks previous close was at $225.51 this now indicates there is a potential downside of -3.8%. The 50 day moving average now sits at $206.27 and the 200 day MA is $196.51. The company has a market cap of 35.75B. The current share price for the company is: $222.01 USD
The potential market cap would be $34,379,158,683 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 68.95, revenue per share of $14.72 and a 5.01% return on assets.
Veeva Systems Inc. is a provider of industry cloud solutions for the global life sciences industry. The Company’s offerings span cloud software, data, and business consulting and are designed to meet the needs of its customers and their most strategic business functions from research and development (R&D) to commercialization. The Company’s industry cloud solutions for the life sciences industry are grouped into two major product families: Veeva Development Cloud and Veeva Commercial Cloud. Veeva Development Cloud includes application suites for the clinical, regulatory, and safety functions of life sciences companies, all built on its proprietary Veeva Vault platform. Veeva Commercial Cloud includes solutions for the sales, medical affairs, and marketing functions of a life sciences company. Its software offerings include Veeva CRM, Veeva Vault PromoMats, Veeva Vault Medical, and Veeva Crossix. Its data offerings include Veeva OpenData, Veeva Link, and Veeva Compass.
