12-11-2018: Veeva Systems, Inc. (VEEV): Healthcare or Internet Software?

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Veeva Systems, Inc.

Veeva Systems, Inc. (VEEV) might be alternately classified as a healthcare industry stock (also involving pharmaceutical manufacturers) or an internet software industry stock. It makes cloud-based software for various accounting systems used in the healtcare industry. If classified as an internet software stock, it faces enormous competition but is in an industry group near the very top of the list of group performers.

The stock has a very high Zenith Index indicating a strong balance sheet including no debt, and also very high growth. This is definitely a growth stock, as its p/e ratio is very high indicating it has already been "discovered" by many investors. Institutions are net acquirers.

Recent stock chart pattern weakness caused our Decision Matrix ratings to come out much lower-than-expected, this stock barely passing as a "buy." Institutions are net acquirers, and researchers and analysts alike are generally positive.

One thing which jumped out at us was a big negative regarding corporate governance, and an unconscionable compensation being paid to the CEO amounting to a severe cost to the corporation and shareholders alike. The stock does not pay a dividend. We regarded its website as "poor", and not adquately describing its products, and showing little or no concern for shareholders. There was no Letter to Shareholders from the overpaid CEO, and no glitzy annual report. The stock does not pay a dividend either.

The stock appears to be moving into the 70's area where it could remain a channeling stock in a trading range, or be basing for a recovery. It's all about growth with this corporation with some major corporations signing on to its standardized software giving it diversified customer base strength.

A steady stream of public relations announcements constitutes the "news" on this stock, gaining increasing numbers of large corporation customers in the healthcare and pharmaceutical industry. It has unusually high non-generally-accepted accounting principle exceptions to what are often late or altered reports, but GMI Analyst gives it one of its highest approvals for accounting standards and methods.

We would counsel waiting for the stock to develop some clear upward momentum before jumping in on the buy side, if for no other reason than since 2016 it has tripled in price. Any general market weakness now could institute profit-taking.



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Under current market conditions, a Zenith Index Score of 1.20 or above is required for a positive rating on this factor. 1.21 -1.30 is considered acceptable, 1.30-1.40 is considered strong and
> 1.40 is considered exceptionally strong. Accounting statements in this section often contain mistakes, especially in earlier years' totals, but data is deemed sufficient for us to give a rating. More accurate financial statements follow in the next section.

Veeva Systems Inc. (VEEV)                                 Exchange: NYSE
4280 Hacienda Drive
Pleasanton, CA 94588             Sector: Technology
United States                    Industry: Health Information Services

Veeva Systems Inc. provides cloud-based software for the life sciences
industry in North America, Europe, the Asia Pacific, and
internationally. The company offers Veeva Commercial Cloud, a suite of
multichannel customer relationship management applications, data
solutions, and master data management solutions; and Veeva Vault, a
cloud-based enterprise content management applications for managing
commercial functions, including medical, sales, and marketing, as well
as research and development functions, such as clinical, regulatory,
quality, and safety. It also provides professional and support services
in the areas of implementation and deployment planning and project
management; requirements analysis, solution design, and configuration;
systems environment management and deployment services; services focused
on advancing or transforming business and operating processes related to
Veeva solutions; technical consulting services related to data migration
and systems integrations; training on its solutions; and ongoing managed
services that include outsourced systems administration. The company was
formerly known as Verticals onDemand, Inc. and changed its name to Veeva
Systems Inc. in April 2009. Veeva Systems Inc. was founded in 2007 and
is headquartered in Pleasanton, California.

Last Trade:  92.34                           52-Week Range: 109.05 -  52.17
Employees: 2,171                             Avg.Volume:   1,540,119 Shares

Corporate Governance:
Pillar scores are Audit: 1; Board: 4; Shareholder Rights: 10; Compensation: 10.
         (A lower number means less governance risk.)

EPS:  1.04    Dividend Amount: $ 0.00          Yield:  0.00%
             Ex-Dividend Date: N/A             Payout Ratio:   0.00

Key Statistics:

    Trailing P/E:  85.07              Forward P/E (est.):  50.03
                                           Target Price: 111.93

Qrtly Stock Price Growth (yoy):  63.03%               Beta:   0.00
Qrtly S&P Index   Growth (yoy):  27.60%        Short Ratio:   5.04%
    Qrtly Revenue Growth (yoy):   1.35%         Shares Out:  121830000
   Qrtly Earnings Growth (yoy):  86.30%

          Book Value:   7.29                    Debt/Equity:   0.00%
    Price/Book Value:  12.15        Operating Profit Margin:  23.58%
         Price/Sales:  15.78                  Profit Margin:  23.45%
         Market Cap:  12,798,000,000       Return on Equity:  19.43%
    Enterprise Value:  12,870,000,000      Return on Assets:   9.78%

    Operating Cash Flow:    280,390,000
         Free Cash Flow:    177,140,000



Annual Income Statement:                          (All numbers in thousands)
  Period Ending                             01/31/2018   1/31/2017   1/31/2016

  Total Revenue                                685,571     544,043     409,221
  Cost of Revenue                              211,439     173,681     142,214
  Gross Profit                                 474,132     370,362     267,007

Operating Expenses:
  Research & Development                       132,051      96,750      65,976
  Selling, General & Administrative            191,289     165,644     120,242
  Non-Recurring Expenses                             0           0           0
  Other Operating Expenses                           0           0           0
  Total Operating Expenses                     534,779     436,075     328,432

Operating Income or Loss                       150,792     107,968      80,789

Income from Continuing Operations:
  Total Other Income/Expenses Net                7,842       1,667      -2,172
  Earnings Before Interest & Taxes             150,792     107,968      80,789
  Interest Expense                                   0           0           0
  Income Before Taxes                          158,634     109,635      78,617
  Income Tax Expense                            16,668      40,831      24,157
  Minority Interest                                  0           0           0

Net Income from Continuing Op.s                141,966      68,804      54,460

Non-recurring Events:
  Discontinued Operations                            0           0           0
  Extraordinary Items                                0           0           0
  Effect of Accounting Changes                       0           0           0
  Other Items                                        0           0           0
  Net Income                                   141,966      68,804      54,460
  Preferred Stock & Other Adjustments                0           0           0

Net Income Avail to Common Shares              141,966      68,801      54,413



Annual Cash Flow Statement:                   (All numbers in thousands)
  Period Ending                         01/31/2018     1/31/2017     1/31/2016

  Net Income                               141,966        68,804        54,460

Operating Activities:
  Depreciation                              14,277        13,825         8,464
  Adjustments to Net Income                 58,743        37,707        20,999
  Changes in Accounts Recv'bls             -50,673       -38,148       -46,653
  Changes in Liabilities                    63,169        57,321        38,863
  Changes in Investories                         0             0             0
  Changes in other Oper'g Acts               8,475         3,591         7,015

Total Cash Flow f Operations               233,437       144,011        80,154

Investing Activities:
  Capital Exenditures                       -9,633        -6,923       -21,153
  Investments                             -143,153       -89,247        51,611
  Other Cash Flows fr Investing               -202           102            41

Total Cash Flows from Investing           -154,722       -96,652       -96,683

Financing Activities:
  Dividends Paid                                 0             0             0
  Sale of Purchase of Stock                      0             0             0
  Net Borrowings                                 0             0             0
  Other Cash Flows fr Financing                  0        25,628            41

Total Cash Flows from Financing             20,773        37,976        19,406

  Effect of Exchange Rate Chg                3,089            92            49

Change in Cash & Cash Equiv.               102,577        85,427         2,926



Annual Balance Sheets:                              (All Numbers in Thousands)
  Period Ending                          01/31/2018     1/31/2017     1/31/2016
Current Assets:
  Cash & Cash Equivalents                   320,183       217,606       132,179
  Short Term Investments                    441,779       301,266       214,024
  Net Receivables                           233,731       182,816       144,798
  Inventory                                       0             0             0
  Other Current Assets                          127             0             0
  Total Current Assets                    1,879,378       400,422       276,977

  Long-Term Investments                           0             0             0
  Property, Plant & Equipt                   52,284        49,907        47,469
  Goodwill                                   95,804        95,804        95,804
  Intangible Assets                          31,490        39,283        47,500
  Accumulated Amortization                        0             0             0
  Other Assets                                9,294        20,517        14,062
  Deferred LT Asset Charges                   3,490        16,460         9,359

Total Assets                              1,197,008       917,376       705,799

Current Liabilities:
  Accounts Payable                            6,944         5,677         4,600
  Current Portion LT Debt                         0             0             0
  Other Current Liabilities                 277,526       216,790       158,169
  Total Current Liabilities                 314,676       246,784        186,279

  Long Term Debt                                  0             0             0
  Other Liabilities                          10,805        17,938        14,271
  Deferred LT Liab. Charges                       0             0             0
  Minority Interest                               0             0             0
  Negative Goodwill                               0             0             0

Total Liabilities                           325,481       264,722       200,550

Stockholder Equity:
  Misc. Options, Warrants                         0             0             0
  Redeemable Preferred Stock                      0             0             0
  Preferred Stock                                 0             0             0
  Common Stock                                    1             1             1
  Retained Earnings                         354,850       212,884       143,385
  Treasury Stock                              1,404           111           172
  Capital Surplus                           515,272       439,658       361,691
  Other Stockhohlder Equity                   1,404           111           172
  Total Stockholder Equity                  871,527       652,654       505,249

Net Tangible Assets                         744,233       517,567       361,945



Veeva Systems Inc. (VEEV)                   [Indices near +3.0, near zero,
                                            or < zero bear special attention.]
P/E Ratio Tests:
P/E Ratio < 28?            0.3291          P/E Ratio > 5?             1.0000
P/E Ratio Vs Growth Rate:  3.0000          Forward P/E Ratio < 28?    0.5597
Price/Sales Ratio < 2.3?   0.1458          Inventory/Sales < 5%?      1.0000
Sales < $1 Billion?        1.4586          Operating Margin < 7.5%?   0.3181

Balance Sheet Tests:
Debt/Equity < 0.40?        1.0000          Long-Term Debt Service:    3.0000
LTD Being Reduced?         0.0000          Short-Term Debt Service:   3.0000
Current Ratio > 2?         2.9862          Working Capital >= 1.5?    0.2545
Leverage Ratio < 20%?      3.0000          Debt/Assets < 1?           3.0000
Quick Ratio > 1?           3.0000          Inventory Turnover > 1?    1.0000
Share Equity Increase:     2.6271          Market Cap.< 1.5 Billion?  0.1172
                                           Intangibles < 3% Assets?   0.2821
Income Tests:
Profit Margin < 7.5%?      3.0000          EPS Annual Growth > 10%?   0.0485
Dividend Yield > 2.0%?     0.0000          EPS 3-yr Growth > 15?      0.0575
Enterprise Value/Revenue   3.0000          EPS Growth Consistent?     2.0000
Enterprise Value/EBITDA:   3.0000          Collection < 45 days?      0.3616
EPS Qrtly Growth > 10%?    0.0012          Gross Pft/Cur. LTD > 1?    3.0000
                                           Borrowing Int. Rate < 6%?  3.0000
Stock Performance Tests:
Volatility > 25%?          2.0864          % Held by Insiders < 5%?   3.0000
Beta > 1.25?               0.0000          % Held by Institut. < 50?  0.5437
50 Da MA > 200 Da MA?      0.0611          % Held by Institut. > 30?  3.0000
52-Wk Change vs. S&P 500:  3.0000          Short Ratio > 5?           1.0080
Price/Book Value < 3?      0.2368          Short % of Float > 20?     0.3290
Return on Assets > 17%?    0.5753          Average Volume > 100,000?  3.0000

Cash Flow Tests:
Oper. C.F. > Lever'd C.F:  1.5829          Positive Free Cash Flow?   3.0000
Positive Oper. Cash Flow?  3.0000          Price to C.F.Ratio < 14?:  0.4473
                                           Cash Flow / Assets > 10%?  3.0000

VEEV   Veeva Systems Inc.                  Overall Zenith Index:      1.5597


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Financial Statements

VEEVA SYSTEMS INC CLASS A  (VEEV)           INCOME STATEMENT

Fiscal year ends in January.                         2014-01         2015-01         2016-01         2017-01         2018-01             TTM           

Revenue                                          210,151,008     313,222,016     409,220,992     544,043,008     685,571,008     810,883,008
Cost of revenue                                   82,602,000     115,658,000     142,214,000     173,680,992     211,439,008     239,683,008
Gross profit                                     127,549,000     197,564,000     267,007,008     370,361,984     474,132,000     571,200,000


Operating expenses
Research and development                          26,327,000      41,156,000      65,976,000      96,750,000     132,051,000     153,051,008
Sales, General and administrative                 61,918,000      86,442,000     122,442,000     165,644,000     191,288,992     226,914,000
Total operating expenses                          88,245,000     127,598,000     188,418,000     262,394,000     323,340,000     379,964,992

Operating income                                  39,304,000      69,966,000      78,589,000     107,968,000     150,792,000     191,235,008
Other income (expense)                              -804,000      -2,780,000          28,000       1,667,000       7,842,000      13,121,000
Income before taxes                               38,500,000      67,186,000      78,617,000     109,635,000     158,634,000     204,356,000
Provision for income taxes                        14,885,000      26,803,000      24,157,000      40,831,000      16,668,000      14,232,000
Net income from continuing operations             23,615,000      40,383,000      54,460,000      68,804,000     141,966,000     190,124,000
Net income                                        23,615,000      40,383,000      54,460,000      68,804,000     141,966,000     190,124,000
Preferred dividend                                13,210,000         245,000          47,000           3,000               0               0
Net income available to common shareholders       10,405,000      40,138,000      54,413,000      68,801,000     141,966,000     190,124,000

Earnings per share
Basic                                                   0.20            0.31            0.41            0.51            1.01            1.32 
Diluted                                                 0.15            0.28            0.38            0.47            0.92            1.22 

Weighted average shares outstanding
Basic                                             51,725,000     127,713,000     132,020,000     135,698,000     140,311,008     143,241,248
Diluted                                           68,024,000     144,204,000     144,976,992     147,578,000     153,680,992     155,403,744

____________________________________________________________________________________________________________________________________________


VEEVA SYSTEMS INC CLASS A  (VEEV)           BALANCE SHEET

Fiscal year ends in January.                         2014-01         2015-01         2016-01         2017-01         2018-01             

Assets

Current assets

Cash

Short-term investments                            25,625,000     268,620,000     214,024,000     301,265,984     441,779,008
Total cash                                       288,132,000     397,872,992     346,203,008     518,872,000     761,961,984

Receivables                                       58,433,000      92,661,000     144,798,000     182,816,000     233,731,008
Deferred income taxes                              2,075,000       4,815,000               0               0               0
Prepaid expenses                                           0               0       9,963,000      10,177,000      12,443,000
Other current assets                               5,092,000       6,488,000               0               0               0
Total current assets                             353,732,000     501,836,992     500,964,000     711,865,024   1,008,136,000

Non-current assets

Property, plant and equipment
Gross property, plant and equipment                3,839,000      30,542,000      51,816,000      58,778,000      65,121,000
Accumulated Depreciation                          -1,394,000      -2,339,000      -4,347,000      -8,871,000     -12,837,000
Net property, plant and equipment                  2,445,000      28,203,000      47,469,000      49,907,000      52,284,000

Goodwill                                           4,850,000       4,850,000      95,804,000      95,804,000      95,804,000
Intangible assets                                  8,136,000       6,144,000      48,479,000      39,283,000      31,490,000
Deferred income taxes                                      0               0       9,359,000      16,784,000       3,490,000
Other long-term assets                             1,145,000       3,856,000       3,724,000       4,057,000       5,804,000
Total non-current assets                          16,576,000      43,053,000     204,835,008     205,835,008     188,872,000

Total assets                                     370,308,000     544,889,984     705,798,976     917,699,968   1,197,008,000 

Liabilities and stockholders' equity

Liabilities

Current liabilities
Accounts payable                                   2,117,000       3,886,000       4,600,000       5,677,000       6,944,000
Taxes payable                                        439,000       4,907,000       2,347,000       5,246,000       5,089,000
Accrued liabilities                               13,534,000       3,791,000       5,240,000       5,772,000       5,214,000
Deferred revenues                                 67,380,000     112,960,000     157,419,008     213,562,000     275,446,016
Other current liabilities                          3,147,000       9,979,000      16,673,000      16,527,000      21,983,000
Total current liabilities                         86,617,000     135,523,008     186,279,008     246,784,000     314,676,000

Non-current liabilities
Deferred taxes liabilities                         1,698,000               0      10,622,000      12,974,000       3,828,000
Other long-term liabilities                        1,897,000       2,534,000       3,649,000       4,964,000       6,977,000
Total non-current liabilities                      3,595,000       2,534,000      14,271,000      17,938,000      10,805,000

Total liabilities                                 90,212,000     138,056,992     200,550,000     264,722,000     325,480,992 

Stockholders' equity

Common stock                                           1,000           1,000           1,000           1,000           1,000
Additional paid-in capital                       231,534,000     317,880,992     361,691,008     440,676,992     515,272,000
Retained earnings                                 48,542,000      88,925,000     143,384,992     212,188,992     354,849,984
Accumulated other comprehensive income                19,000          26,000         172,000         111,000       1,404,000
Total stockholders' equity                       280,096,000     406,832,992     505,248,992     652,977,984     871,526,976
Total liabilities and stockholders' equity       370,308,000     544,889,984     705,798,976     917,699,968   1,197,008,000

____________________________________________________________________________________________________________________________________________


VEEVA SYSTEMS INC CLASS A  (VEEV)           Statement of CASH FLOW

Fiscal year ends in January. USD.                    2014-01         2015-01         2016-01         2017-01         2018-01             TTM           

Cash Flows From Operating Activities
Net income                                        23,615,000      40,383,000      54,460,000      68,804,000     141,966,000     190,124,000
Depreciation & amortization                        2,410,000       3,929,000       8,464,000      13,825,000      14,277,000      14,133,000
Amortization of debt discount/premium and is         364,000       2,176,000       2,804,000       1,852,000       1,389,000      -1,198,000
Investment/asset impairment charges                   35,000         227,000         201,000         130,000        -242,000         289,000
Investments losses (gains)                                 0               0               0               0         265,000         -36,000
Deferred income taxes                             -1,781,000      -4,268,000      -6,264,000      -5,073,000       3,282,000       6,911,000
Stock based compensation                           6,950,000      14,325,000      24,258,000      40,798,000      54,049,000      71,510,000
Change in working capital                         10,160,000      10,802,000      -3,769,000      23,675,000      18,451,000      -2,702,000
Accounts receivable                              -19,738,000     -34,455,000     -46,653,000     -38,148,000     -50,673,000     -26,792,000
Prepaid expenses                                           0               0         180,000         831,000      -2,492,000     -10,469,000
Accounts payable                                  -1,303,000       1,290,000        -494,000       1,113,000       1,396,000       3,199,000
Accrued liabilities                                9,690,000        -754,000       5,042,000         336,000       7,149,000       1,502,000
Income taxes payable                              -4,784,000       3,326,000      -2,994,000         911,000      -2,520,000      -6,058,000
Other working capital                             26,295,000      41,395,000      41,150,000      58,632,000      65,591,000      35,916,000
Other non-cash items                                       0               0               0               0               0       1,359,000

Net cash provided by operating activities	    41753000	    67574000	    80154000	   144011000       233437000	    80390000

Investments in property, plant, and equipment	    -1860000	   -26531000   	   -21153000	   -6923000	    -9633000        -7061000
Acquisitions, net                                -12,149,000               0    -126,183,000               0               0               0
Purchases of investments                         -21,403,000    -401,955,008    -313,356,992    -314,847,008    -437,857,984    -676,209,024
Sales/Maturities of investments                    9,700,000     156,860,000     364,968,000     225,600,000     294,704,992     539,468,992
Purchases of intangibles                          -1,117,000               0        -568,000               0               0               0
Other investing activities                           253,000        -392,000        -390,000        -482,000      -1,936,000      -1,611,000
Net cash used for investing activities           -26,576,000    -272,017,984     -96,683,000     -96,652,000    -154,722,000    -145,412,000

Cash Flows From Financing Activities
Common stock issued                              214,523,008      34,172,000               0               0               0               0
Other financing activities                           917,000      37,090,000      19,406,000      37,976,000      20,773,000      23,338,000
Net cash provided by (used for) financing        215,440,000      71,262,000      19,406,000      37,976,000      20,773,000      23,338,000

Effect of exchange rate changes                            0         -72,000          49,000          92,000       3,089,000      -1,669,000
Net change in cash                               230,616,992    -133,254,000       2,926,000      85,427,000     102,577,000     156,647,008
Cash at beginning of period                       31,890,000     262,507,008     129,253,000     132,179,000     217,606,000     311,999,008
Cash at end of period                            262,507,008     129,253,000     132,179,000     217,606,000     320,183,008     468,646,016

Free Cash Flow
Operating cash flow                               41,753,000      67,574,000      80,154,000     144,011,008     233,436,992     280,390,016
Capital expenditure                               -2,977,000     -26,944,000     -22,152,000      -7,507,000     -11,367,000      -8,470,000
Free cash flow                                    38,776,000      40,630,000      58,002,000     136,504,000     222,070,000     271,920,000
____________________________________________________________________________________________________________________________________________





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Average to Current P/E Ratios
              (VEEV)     Veeva Systems Inc. Cl A

                               2013    2014    2015    2016    2017

          Annual Earnings:     0.15    0.29    0.38    0.47    0.92
Average Price During Year:    28.97   28.49   26.54   41.58   59.85

                P/E Ratio:   193.16   98.23   69.84   88.47   65.05

 Average 5-Year P/E Ratio  = 102.95
             Current Price =  88.56

Previous 5 Quarter Earnings:   0.22    0.22    0.29    0.32    0.41

           Current Annualized (Last Four Quarters) Earnings =   1.02
                                                           ________
                                 Average PE / Current PE =     1.19
                                                           --------

                                      ...a number above 1.00 is good
                                                1.00 or below is bad


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Institutional Orders to Buy or Sell:

institutions 1
Ownership:

institutions 2


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Sentiment

sentiment

Zenith uses the "sentiment" score above or below 50 to award a positive or negative point in the Decision Matrix.

sentiment sentiment sentiment



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Short Interest Ratio

As the short interest rises as a percentage of average daily share volume (Days to Cover), this is considered a measure of negative sentiment. Similarly, a decrease in that percentage is considered positive sentiment.

short interest short interest


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Standard & Poor's

S&P Stock Report (Requires Adobe Acrobat Reader)



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Management's Discussion of Results of Operations Excerpts

Click Here for Management's Discussion Excerpts



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Channeling Potential

 
The summary below includes a value for `Degree,' which refers on a
scale of 1 to 10 the range of a channel in the period under consi-
deration compared to the total range of price movement. It also looks
for the last closing price to be within the channel, otherwise zeroed.
The `Index' is the `Degree' weighted for volatility.  Generally, the
the higher the index, the more suitable is the stock for trading as
a `rolling stock' between channel high and low points.

Results for VEEVA SYSTEMS INC.:
Symbol? VEEV
Total Months Available:  62
       Months in Cycle?   4

Months Covered by Periods:  12

Period 1           Period 2          Period 3
   H1      L1        H2      L2        H3      L3
  78.28   52.17     85.00   68.11    109.05   79.61

RANGE   = 109.05  TO   52.17            Close =  92.34
CHANNEL =  79.61  TO   78.28           Degree =   0
Volatility =   1.44%                    Index =   0
Channel Chart



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MACD Histogram Divergence

The theory is that connecting the two most recent peaks or valleys of the MACD histogram will signal the direction of the next major move.



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Intraday Chart

2 Days:



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Val Idea

6 out of 8 favorable, (positive opinion.)

Val Idea
Val Idea


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Stock Consultant

Stock Consultant Stock Consultant


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Point & Figure Chart

P & F Chart


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Wall Street Analyzer



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Marketspace Chart

Marketspace Chart



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Time Series Forecast

Time Series 1 Time Series 2


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Neural Network Prediction

"Neurostock" can only track long trades. Therefore its performance, as tracked by itself on stocks which are consistently falling, may not appear as good as it could if each "sell" signal were a "short sale."

Neural Chart
Heading
Neural Trades Neural Prediction



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Ultimate Trading Systems

3 out of 3 of the ultimate systems favor a downmove.


System Below:
Short term outlook: Positive: Bright Green, Negative: Bright Red
Long term outlook: Postive: Dark Green, Negative: Dark Red.




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Recommendation

Decision Weighting Factors
FactorsWeighted Points
News + 1
Comparison - 1
Industry + 1
Bond Issue 0
Zenith Index + 1
Non-GAAP vs. GAAP Earnings - 1
Cash Flow + 1
Average to Current P/E + 1
Ratios - 1
Intrinsic Value DCF 0
Fair Value Estimator - 1
Projected Earnings + 1
Research Reports + 1
Analysts + 1
Executive Perquisites - 1
Insider Activity - 1
Institutional Activity + 1
Management Reporting + 1
Short Interest - 1
Sentiment + 1
Standard & Poor's - 1
MACD Histogram Divergence - 1
Val Idea + 1
Stock Consultant + 1
Point & Figure - 1
Wall Street Analyzer + 1
Marketspace Chart - 1
Time Series Chart - 1
Neural Network - 1
Stock Options + 1
Ultimate Trading Systems - 1
Total + 1
Place 335 shares of Veeva Systems, Inc. (VEEV) on the Active List.