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Veeva Systems (VEEV) in Focus: Stock Climbs 8.1% in Session
Veeva Systems Inc. (VEEV - Free Report) was a big mover last session, as the company saw its shares climb over 8% on the day. Shares rallied after the company reported better-than-expected earnings as well as revenues for the first quarter of fiscal 2017. This continues the recent uptrend for the company as the stock is now up 20.5% since May 5, 2014.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Veeva Systems currently carries a Zacks Rank #3 (Hold).
A better-ranked stock in the same industry is Paylocity Holding Corporation (PCTY - Free Report) , sporting a Zacks Rank #1 (Strong Buy).
Is VEEV going up? Or down? Predict to see what others think: Up or Down
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