Veeva Systems Inc. which can be found using ticker (VEEV) have now 25 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 243 and 170 suggesting an average Analsyt target price of $212.80. Given that the stocks previous close was at $194.11 this is indicating there is a potential upside of 9.6%. Also worth taking note is the 50 day moving average now sits at $198.24 and the 200 moving average now moves to $179.41. The company has a market cap of 30.85B. The stock price is currently at: 192.52 USD
The potential market cap would be $33,816,381,968 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 60.73, revenue per share of 13.89 and a 5.44% 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.
