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Varonis Systems (VRNS)
NASDAQ:VRNS
Varonis Systems (VRNS) Stock Price & Analysis
732 Followers
VRNS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.34 - $52.88
Previous Close$43.18
Volume118.84K
Average Volume (3M)1.25M
Market Cap
$4.67B
Enterprise Value$4.53B
Total Cash (Recent Filing)$483.92M
Total Debt (Recent Filing)$301.79M
Price to Earnings (P/E)-46.7
Beta1.72
Next Earnings
May 06, 2024EPS Estimate
-$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.92
Shares Outstanding109,103,721
10 Day Avg. Volume956,390
30 Day Avg. Volume1,252,769
Standard Deviation0.13
R-Squared0.12
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)10.20
Price to Sales (P/S)9.44
Price to Cash Flow (P/CF)113.60
P/FCF Ratio143.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.55
Enterprise Value/Gross Profit10.60
Enterprise Value/Ebitda-125.11
Forecast
1Y Price Target
$51.75Price Target Upside21.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Varonis Systems News
PremiumPress Releases
Varonis Named to CRN’s 2024 Security 100 List
PremiumPress Releases
Varonis to Present at March Investor ConferencesBulls Say, Bears Say
Bulls Say
Financial PerformanceAnalysts highlight Varonis's robust SaaS adoption, with 66% of new business and upsell coming from its SaaS platform, showcasing strong product uptake and future recurring revenue potential.
Product And Services DevelopmentVaronis's introduction of the Managed Data Detection and Response Service addresses key cybersecurity challenges, potentially attracting significant interest from enterprise security leaders.
Strategic PartnershipsCollaboration with Microsoft and the launch of Athena AI underlines Varonis's commitment to innovation, potentially propelling the company towards market leadership and growth.
Bears Say
Customer RetentionNet Retention was 107%, down from ~115%.
Earnings GuidanceManagement sees Revenue $111-$115M, slightly below consensus $116.6M; sees non-GAAP EPS of ($0.10)-($0.09) below consensus -$0.01.
Financial PerformanceIncreased SaaS bookings mix resulted in a 16% headwind to revenue growth in the quarter.
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Ownership Overview
20.64% Insiders
32.43% Mutual Funds
24.46% Other Institutional Investors
22.47% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VRNS FAQ
What was Varonis Systems’s price range in the past 12 months?
Varonis Systems lowest stock price was $22.34 and its highest was $52.88 in the past 12 months.
What is Varonis Systems’s market cap?
Currently, no data Available
When is Varonis Systems’s upcoming earnings report date?
Varonis Systems’s upcoming earnings report date is May 06, 2024 which is in 16 days.
How were Varonis Systems’s earnings last quarter?
Varonis Systems released its earnings results on Feb 05, 2024. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.229 by $0.041.
Is Varonis Systems overvalued?
According to Wall Street analysts Varonis Systems’s price is currently Undervalued.
Does Varonis Systems pay dividends?
Varonis Systems does not currently pay dividends.
What is Varonis Systems’s EPS estimate?
Varonis Systems’s EPS estimate is -$0.09.
How many shares outstanding does Varonis Systems have?
Varonis Systems has 109,103,720 shares outstanding.
What happened to Varonis Systems’s price movement after its last earnings report?
Varonis Systems reported an EPS of $0.27 in its last earnings report, beating expectations of $0.229. Following the earnings report the stock price went up 6.719%.
Which hedge fund is a major shareholder of Varonis Systems?
Among the largest hedge funds holding Varonis Systems’s share is Harvey Partners LLC. It holds Varonis Systems’s shares valued at 46M.
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Varonis Systems Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$51.75 (21.00% Upside)
$51.75 (21.00% Upside)
Blogger Sentiment
Bullish
VRNS Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $19.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.3%
Last 30 Days ▼ 12.7%
Last 30 Days ▼ 12.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
72.59%
12-Months-Change
Fundamentals
Return on Equity
-20.35%
Trailing 12-Months
Asset Growth
5.77%
Trailing 12-Months
Company Description
Varonis Systems
Varonis Systems, Inc. engages in providing data security and analytics. It operates through the following segments: United States, EMEA, and Rest of the World. Its products includes datadvantage, data classification engine, data transport engine, Varonis edge, datanswers, datalert, dataprivilege, automation engine, and GDPR patterns. The company was founded by Yaki Faitelson and Ohad Korkus on November 3, 2004 and is headquartered in New York, NY.
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VRNS Company Deck
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VRNS Earnings Call
Q4 2024
0:00 / 0:00
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VRNS Revenue Breakdown
74.89% North America
21.95% EMEA
3.16% Rest of the World
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VRNS Stock 12 Months Forecast
Average Price Target
$51.75
▲(21.00% Upside)
Technical Analysis
Best Analysts Covering VRNS
1 Year
1 Year Success Rate
23/33 ratings generated profit
1 Year Average Return
+28.53%
reiterated a buy rating 2 months ago
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