NYSE:VEEV—A High-Growth Stock Gearing Up for Its Next Upward Move.

Exploring Growth Potential: VEEVA SYSTEMS INC-CLASS A (NYSE:VEEV) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and VEEVA SYSTEMS INC-CLASS A has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected VEEVA SYSTEMS INC-CLASS A on our screen for growth with base formation, suggesting it merits a closer look.

Exploring NYSE:VEEV's Growth

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NYSE:VEEV scores a 8 out of 10:

• The Earnings Per Share has grown by an impressive 35.57% over the past year.
• VEEV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.47% yearly.
• VEEV shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.67%.
• The Revenue has been growing by 22.35% on average over the past years. This is a very strong growth!
• Based on estimates for the next years, VEEV will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.21% on average per year.
• The Revenue is expected to grow by 13.25% on average over the next years. This is quite good.

How do we evaluate the Health for NYSE:VEEV?

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:VEEV scores a 9 out of 10:

• An Altman-Z score of 26.19 indicates that VEEV is not in any danger for bankruptcy at the moment.
• The Altman-Z score of VEEV (26.19) is better than 94.59% of its industry peers.
• There is no outstanding debt for VEEV. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
• A Current Ratio of 6.36 indicates that VEEV has no problem at all paying its short term obligations.
• The Current ratio of VEEV (6.36) is better than 97.30% of its industry peers.
• A Quick Ratio of 6.36 indicates that VEEV has no problem at all paying its short term obligations.
• Looking at the Quick ratio, with a value of 6.36, VEEV belongs to the top of the industry, outperforming 97.30% of the companies in the same industry.

Profitability Analysis for NYSE:VEEV

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:VEEV, the assigned 8 is a significant indicator of profitability:

• Looking at the Return On Assets, with a value of 10.32%, VEEV belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
• VEEV has a Return On Equity of 12.10%. This is amongst the best in the industry. VEEV outperforms 94.59% of its industry peers.
• VEEV has a better Return On Invested Capital (9.08%) than 97.30% of its industry peers.
• The Average Return On Invested Capital over the past 3 years for VEEV is above the industry average of 6.36%.
• VEEV has a better Profit Margin (25.07%) than 94.59% of its industry peers.
• VEEV has a better Operating Margin (24.22%) than 97.30% of its industry peers.
• The Gross Margin of VEEV (73.93%) is better than 81.08% of its industry peers.

Why is NYSE:VEEV a setup?

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NYSE:VEEV this score is currently 7:

Although VEEV has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

For an up to date full fundamental analysis you can check the fundamental report of VEEV

For an up to date full technical analysis you can check the technical report of VEEV

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.