Veeva Systems (VEEV) closed the most recent trading day at $181.25, moving +2.51% from the previous trading session. This change outpaced the S&P 500's 0.56% gain on the day. On the other hand, the Dow registered a gain of 0.26%, and the technology-centric Nasdaq increased by 0.78%.
Shares of the provider of cloud-based software services for the life sciences industry witnessed a loss of 18.24% over the previous month, trailing the performance of the Medical sector with its gain of 0.65%, and the S&P 500's loss of 1.27%.
The investment community will be paying close attention to the earnings performance of Veeva Systems in its upcoming release. The company is slated to reveal its earnings on March 4, 2026. The company is predicted to post an EPS of $1.92, indicating a 10.34% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $808.89 million, indicating a 12.21% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7.93 per share and a revenue of $3.16 billion, indicating changes of +20.15% and +15.16%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Veeva Systems. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.31% higher. Veeva Systems is currently a Zacks Rank #3 (Hold).
In terms of valuation, Veeva Systems is currently trading at a Forward P/E ratio of 20.83. This denotes a discount relative to the industry average Forward P/E of 21.61.
Investors should also note that VEEV has a PEG ratio of 0.88 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Medical Info Systems stocks are, on average, holding a PEG ratio of 1.28 based on yesterday's closing prices.
The Medical Info Systems industry is part of the Medical sector. This group has a Zacks Industry Rank of 134, putting it in the bottom 46% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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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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