Varonis Systems Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 87 out of 482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 34.66.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Varonis Systems Inc is 6.84, ranking 280 out of 482 in the Software & IT Services industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 173.37M, representing a year-over-year increase of 9.37%, while its net profit experienced a year-over-year increase of 113.75%.
Key Metrics
The current valuation score of Varonis Systems Inc is 7.28, ranking 278 out of 482 in the Software & IT Services industry. Its current P/E ratio is -20.04, which is -1.94% below the recent high of -19.65 and -298.18% above the recent low of -79.79.
The current earnings forecast score of Varonis Systems Inc is 7.91, ranking 197 out of 482 in the Software & IT Services industry. The average price target is 53.50, with a high of 62.00 and a low of 27.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Varonis Systems Inc is 6.94, ranking 154 out of 482 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 32.64 and the support level at 16.36, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Varonis Systems Inc is 10.00, ranking 1 out of 482 in the Software & IT Services industry. The latest institutional shareholding proportion is 103.09%, representing a quarter-over-quarter increase of 1.42%. The largest institutional shareholder is The Vanguard, holding a total of 13.39M shares, representing 11.40% of shares outstanding, with 5.30% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Varonis Systems Inc is 3.64, ranking 304 out of 482 in the Software & IT Services industry. The company's beta value is 0.62. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
