Veeva(US:VEEV) ZACKS·2025-01-24 23:55Company Performance - Veeva Systems (VEEV) closed at $223.40, reflecting a +0.19% change from the previous trading day, outperforming the S&P 500 which lost 0.29% [1] - The stock has increased by 3.77% over the past month, compared to the Medical sector's gain of 1.54% and the S&P 500's gain of 2.52% [1] Earnings Projections - The upcoming earnings report is projected to show earnings per share (EPS) of $1.58, a 14.49% increase from the same quarter last year [2] - Revenue is estimated at $698.28 million, indicating a 10.73% growth compared to the same quarter of the previous year [2] - For the annual period, earnings are anticipated to be $6.45 per share and revenue at $2.72 billion, reflecting increases of +33.26% and +15.24% respectively from last year [3] Analyst Sentiment - Recent shifts in analyst projections for Veeva Systems are important, as they often reflect changes in short-term business dynamics [4] - Upbeat changes in estimates suggest a favorable outlook on the company's business health and profitability [4] Valuation Metrics - Veeva Systems is currently trading at a Forward P/E ratio of 34.56, which is in line with the industry's average Forward P/E of 34.56 [7] - The company has a PEG ratio of 1.32, compared to the Medical Info Systems industry's average PEG ratio of 3.36 [8] Industry Ranking - The Medical Info Systems industry, part of the Medical sector, holds a Zacks Industry Rank of 57, placing it in the top 23% of over 250 industries [9] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]