Veeva Systems Class Stock Buy Hold or Sell Recommendation
| VEEV Stock | USD 199.06 0.68 0.34% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Veeva Systems Class is 'Strong Hold'. Macroaxis provides Veeva Systems buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VEEV positions. The advice algorithm takes into account all of Veeva Systems' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Veeva Systems' buy or sell advice are summarized below:
Real Value 217.05 | Target Price 226.27 | Hype Value 199.06 | Market Value 199.06 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Veeva Systems Class given historical horizon and risk tolerance towards Veeva Systems. When Macroaxis issues a 'buy' or 'sell' recommendation for Veeva Systems Class, the advice is generated through an automated system that utilizes algorithms and statistical models.
Veeva |
Execute Veeva Systems Buy or Sell Advice
The Veeva recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Veeva Systems Class. Macroaxis does not own or have any residual interests in Veeva Systems Class or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Veeva Systems' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Veeva Systems Trading Alerts and Improvement Suggestions
| Veeva Systems Class generated a negative expected return over the last 90 days | |
| Veeva Systems Class has a strong financial position based on the latest SEC filings | |
| Over 84.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from prnewswire.com: Veeva lance son programme de partenariat en IA |
Veeva Systems Returns Distribution Density
The distribution of Veeva Systems' historical returns is an attempt to chart the uncertainty of Veeva Systems' future price movements. The chart of the probability distribution of Veeva Systems daily returns describes the distribution of returns around its average expected value. We use Veeva Systems Class price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Veeva Systems returns is essential to provide solid investment advice for Veeva Systems.
| Mean Return | -0.01 | Value At Risk | -2.36 | Potential Upside | 2.50 | Standard Deviation | 1.56 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Veeva Systems historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Veeva Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Veeva Systems is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Veeva Systems Class backward and forwards among themselves. Veeva Systems' institutional investor refers to the entity that pools money to purchase Veeva Systems' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wellington Management Company Llp | 2023-12-31 | 1.8 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.7 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.7 M | Norges Bank | 2023-12-31 | 1.6 M | Franklin Resources Inc | 2023-12-31 | 1.6 M | Brown Capital Management, Llc | 2023-12-31 | 1.5 M | Fmr Inc | 2023-12-31 | 1.5 M | Blair William & Co | 2023-12-31 | 1.5 M | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 1.4 M | Vanguard Group Inc | 2023-12-31 | 13.2 M | Blackrock Inc | 2023-12-31 | 9.3 M |
Veeva Systems Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 6.0M | (10.7M) | (38.0M) | (22.6M) | (20.4M) | (19.4M) | |
| Change In Cash | (72.4M) | 251.9M | 409.5M | (251.6M) | (183.0M) | (173.8M) | |
| Free Cash Flow | 433.1M | 551.8M | 762.0M | 778.0M | 885.1M | 929.4M | |
| Depreciation | 27.8M | 29.5M | 27.4M | 29.1M | 37.2M | 39.0M | |
| Capital Expenditures | 9.8M | 4.3M | 567K | 2.5M | 26.2M | 27.5M | |
| Net Income | 301.1M | 380.0M | 427.4M | 487.7M | 525.7M | 552.0M | |
| End Period Cash Flow | 479.8M | 731.7M | 1.1B | 889.7M | 703.5M | 441.8M | |
| Other Non Cash Items | 17.4M | 33.5M | 43.2M | 31.9M | (698K) | (663.1K) | |
| Investments | (64.4M) | (333.6M) | (324.2M) | (1.0B) | (1.1B) | (1.0B) | |
| Change Receivables | (50.7M) | (79.0M) | (55.5M) | (174.1M) | (156.7M) | (148.8M) | |
| Change To Netincome | 109.4M | 196.8M | 262.9M | 234.2M | 269.3M | 282.8M |
Veeva Systems Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Veeva Systems or Health Care Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Veeva Systems' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Veeva stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | 1.53 | |
σ | Overall volatility | 1.57 | |
Ir | Information ratio | -0.06 |
Veeva Systems Volatility Alert
Veeva Systems Class exhibits very low volatility with skewness of -0.73 and kurtosis of 2.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Veeva Systems' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Veeva Systems' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Veeva Systems Fundamentals Vs Peers
Comparing Veeva Systems' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Veeva Systems' direct or indirect competition across all of the common fundamentals between Veeva Systems and the related equities. This way, we can detect undervalued stocks with similar characteristics as Veeva Systems or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Veeva Systems' fundamental indicators could also be used in its relative valuation, which is a method of valuing Veeva Systems by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Veeva Systems to competition |
| Fundamentals | Veeva Systems | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0501 | -0.14 |
| Profit Margin | 0.22 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 28.03 B | 16.62 B |
| Shares Outstanding | 161.32 M | 571.82 M |
| Shares Owned By Insiders | 8.19 % | 10.09 % |
| Shares Owned By Institutions | 83.76 % | 39.21 % |
| Number Of Shares Shorted | 2.39 M | 4.71 M |
| Price To Earning | 78.67 X | 28.72 X |
| Price To Book | 7.18 X | 9.51 X |
| Price To Sales | 14.11 X | 11.42 X |
| Revenue | 2.36 B | 9.43 B |
| Gross Profit | 1.55 B | 27.38 B |
| EBITDA | 466.48 M | 3.9 B |
| Net Income | 525.71 M | 570.98 M |
| Cash And Equivalents | 2.92 B | 2.7 B |
| Cash Per Share | 18.80 X | 5.01 X |
| Total Debt | 55.77 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 4.20 X | 2.16 X |
| Book Value Per Share | 28.80 X | 1.93 K |
| Cash Flow From Operations | 911.34 M | 971.22 M |
| Short Ratio | 2.35 X | 4.00 X |
| Earnings Per Share | 3.21 X | 3.12 X |
| Price To Earnings To Growth | 1.35 X | 4.89 X |
| Target Price | 241.47 | |
| Number Of Employees | 7.17 K | 18.84 K |
| Beta | 0.73 | -0.15 |
| Market Capitalization | 32 B | 19.03 B |
| Total Asset | 5.91 B | 29.47 B |
| Retained Earnings | 2.74 B | 9.33 B |
| Working Capital | 3.82 B | 1.48 B |
Note: Disposition of 3598 shares by Jonathan Faddis of Veeva Systems at 207.42 subject to Rule 16b-3 [view details]
Veeva Systems Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Veeva . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 18037.32 | |||
| Daily Balance Of Power | 0.1399 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 198.04 | |||
| Day Typical Price | 198.38 | |||
| Price Action Indicator | 1.36 | |||
| Period Momentum Indicator | 0.68 |
About Veeva Systems Buy or Sell Advice
When is the right time to buy or sell Veeva Systems Class? Buying financial instruments such as Veeva Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 77.7M | 84.5M | 88.3M | 92.7M | Total Assets | 3.8B | 4.8B | 5.9B | 6.2B |
Use Investing Ideas to Build Portfolios
In addition to having Veeva Systems in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Veeva Systems Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Veeva Systems Class information on this page should be used as a complementary analysis to other Veeva Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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When running Veeva Systems' price analysis, check to measure Veeva Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veeva Systems is operating at the current time. Most of Veeva Systems' value examination focuses on studying past and present price action to predict the probability of Veeva Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veeva Systems' price. Additionally, you may evaluate how the addition of Veeva Systems to your portfolios can decrease your overall portfolio volatility.
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Is Veeva Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeva Systems. If investors know Veeva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeva Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share 3.21 | Revenue Per Share 14.724 | Quarterly Revenue Growth 0.119 | Return On Assets 0.0501 |
The market value of Veeva Systems Class is measured differently than its book value, which is the value of Veeva that is recorded on the company's balance sheet. Investors also form their own opinion of Veeva Systems' value that differs from its market value or its book value, called intrinsic value, which is Veeva Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeva Systems' market value can be influenced by many factors that don't directly affect Veeva Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeva Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeva Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeva Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.