In the latest close session, Veeva Systems (VEEV) was up +1.56% at $176.82. The stock's change was more than the S&P 500's daily gain of 0.1%. Elsewhere, the Dow gained 0.07%, while the tech-heavy Nasdaq added 0.14%.
Heading into today, shares of the provider of cloud-based software services for the life sciences industry had lost 21.65% over the past month, lagging the Medical sector's gain of 0.31% and the S&P 500's loss of 1.43%.
The investment community will be closely monitoring the performance of Veeva Systems in its forthcoming earnings report. The company is scheduled to release its earnings on March 4, 2026. The company's earnings per share (EPS) are projected to be $1.92, reflecting a 10.34% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $808.89 million, up 12.21% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $7.93 per share and a revenue of $3.16 billion, demonstrating changes of +20.15% and +15.16%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Veeva Systems. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.31% higher. Right now, Veeva Systems possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Veeva Systems is currently trading at a Forward P/E ratio of 20.51. This represents a discount compared to its industry average Forward P/E of 21.5.
Also, we should mention that VEEV has a PEG ratio of 0.86. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Medical Info Systems industry held an average PEG ratio of 1.29.
The Medical Info Systems industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 136, placing it within the bottom 45% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Veeva Systems Inc. (VEEV): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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