VRNS - Varonis Systems, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
83.44
-2.92 (-3.38%)
At close: 4:00PM EST
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Previous Close86.36
Open86.90
Bid0.00 x 1000
Ask0.00 x 800
Day's Range83.39 - 87.27
52 Week Range52.53 - 93.24
Volume307,042
Avg. Volume277,685
Market Cap2.554B
Beta (5Y Monthly)1.01
PE Ratio (TTM)N/A
EPS (TTM)-2.60
Earnings DateApr 26, 2020 - Apr 30, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est102.85
  • Thomson Reuters StreetEvents

    Edited Transcript of VRNS earnings conference call or presentation 10-Feb-20 10:00pm GMT

    Q4 2019 Varonis Systems Inc Earnings Call

  • GlobeNewswire

    RSA 2020: Varonis Showcases Scalable Cloud Data Protection with Gold Sponsorship

    NEW YORK, Feb. 18, 2020 -- Varonis Systems, Inc. (NASDAQ: VRNS), a pioneer in data security and analytics, announces its full event schedule as a Gold Sponsor for RSA.

  • 3 Stock Picks From the Analysts Who Consistently Get It Right
    TipRanks

    3 Stock Picks From the Analysts Who Consistently Get It Right

    Investment bank Needham has done investors a solid favor, making it easier to sort out the nuggets from the pebbles. For background, the S&P 500 is back to record levels, after volatile trading in recent weeks. A combination of factors, including President Trump’s Senate acquittal, an excellent January jobs report, and the constant leak of medical news from China giving a window to the Coronavirus epidemic, have all buffeted the markets. But it looks now like investors are back to the optimism, driving the exchanges to record after record.Of course, not every stock rises steeply, even when the market as a whole does, and that’s where Needham’s recent spate of stock reports comes in. The firm employs a cadre of top analysts who monitor the markets and crunch the numbers, following stocks to see which will lead the gains.This week, three 5-star analysts have published their notes on three small- to mid-cap companies in the software tech sector. We’ve pulled the reports and looked at the stocks through the lens of the Stock Comparison tool, to find out what makes them special. Let's dive in.Talend SA (TLND)We’ll start with Talend, a company offering an open-source integration and synchronization software packages. The company’s products are designed to make owning open source systems easy. Talend’s software packages solve common problems of cost, development, and learning involved in commercial use of open platforms.Talend most recent quarterly report showed rising results. The company has been trimming its net loss, and reported a loss of 8 cents against the 23-cent loss forecast. It was an impressive 15-cent beat, or 65%. The revenue beat was more modest, but the $62.6 million reported was a 20% year-over-year gain.Looking forward, TLND has guided revenue higher than the consensus estimates, with company management predicting $66.5 to $67 million in total sales for the quarter. The company will report Q4 2019 earnings today after trading hours; the release is scheduled for midnight, so investors will have wait until Friday to see how the numbers hold up.5-star Needham analyst Jack Andrews believes the Q4 news will be good, in line with the best-case possibilities. In his note on the stocks, he writes, “There are 5 reasons why we are positive: 1) Pending disclosures on the cloud business should provide visibility and improve sentiment; 2) Migrations from on-premise to the cloud should result in upsell opportunities; 3) Leverage to rapid growth of cloud data warehouses; 4) FX headwinds should abate; and 5) Discounted valuation creates a favorable risk/reward setup.”Andrews buttresses his Buy rating on TLND with a $65 price target, indicating confidence in a 72% upside potential. (To watch Andrews’ track record, click here)Overall, Wall Street appears to agree with Andrews on this one. TLND shares have 4 recent Buy reviews, making for a unanimous Strong Buy consensus rating. Shares are priced at $37.87, and the average price target, $61, suggests a strong upside of 61%. (See Talend stock analysis on TipRanks)Varonis Systems (VRNS)Second on our list is Varonis Systems, a data security software company. Varonis’ products are data management systems, for managing, organizing, and protecting unstructured and semi-structured data environments. Business data, including documents, media files, presentations, and spreadsheets are all targeted by Varonis’ data security solutions.A quick measure of the company’s success is the share appreciation -- over the past 12 months, VRNS shares have gained 46%.Earlier this week, VRNS reported Q4 2019 earnings, and the results were in line with expectations. The company frequently operates a net loss, common among cutting edge tech start-ups, but the loss of 9 cents per share compared favorably to the 10 cents expected. Revenues were down year-over-year, but at $72.56 million the top line also beat the quarterly forecast. It was the third quarter of the last four that VRNS has exceeded expectations on quarterly results.5-star Alex Henderson, who reviewed this company for Needham, sees Varonis staking out a clear, and profitable, niche in data security, He wrote, after the Q4 release, “Varonis called out data growth, cloud growth, and privacy legislation as key drivers for data protection and security, We think laws like GDPR and CCPA continue to drive interest in Varonis, and while these customers are originally motivated by the ability to classify protected data, they are adding to the upsell pipeline as they see value in other Varonis solutions.”Supporting his Buy thesis, Henderson gave the stock a $115 price target, implying room for 25% upside growth. (To watch Henderson’s track record, click here)Overall, Varonis’ Strong Buy analyst consensus rating is based on 10 reviews, including 9 Buys against a single Hold. All nine of those Buy-side analysts published their ratings on the stock in the wake of the Q4 earnings report. The average price target, $102, suggest an upside of 10% compared to the $92.59 current share price. This is a bit more conservative compared to Henderson’s bullish target above. (See Varonis stock analysis at TipRanks)Chegg, Inc. (CHGG)Last on our list today is Chegg, an interesting twist on the educational software niche. Chegg provides online rental for textbooks, as well as flash cards, study guides, writing guides, and online tutors. The company is aggressive about expanding through acquisition, and in the last two years purchased two competitors: WriteLab was acquired for $15 million and Thinkful was bought for $80 million.Since mid-2018, Chegg has consistently beaten analyst forecasts on earnings, and CHGG shares gained 29%, matching the S&P 500, over the past 12 months. The company’s Q4 earnings, just released, chalked up another win in that record.For Q4 2019, CHGG reported a 35-cent EPS, 17% above the estimate, and top-line revenues of $125.5 million. The revenue beat was only 1.9%, but it did gain 34% year-over-year – an impressive performance.Needham’s Ryan MacDonald, a 5-star analyst, gave Chegg a $53 price target and a Buy rating, based on the company’s steady gains. His target suggests an upside of 33% for the stock.In his comments on CHGG, MacDonald writes of the forward prospects, “[We] are increasingly optimistic regarding the multiple initiatives to sustain heightened levels of subscriber growth. This includes a larger than expected opportunity internationally, continued strength in domestic demand, and a contribution from Thinkful.” (To watch MacDonald’s track record, click here)The analyst consensus on Chegg shares, another Strong Buy, is based on 6 reviews, which include 5 Buys against a single Hold. The share price is $40, while the average price target of $46.71 indicates room for 17% upside. MacDonald, quoted above, takes a more bullish stand here. (See Chegg’s stock analysis at TipRanks)

  • Are Investors Undervaluing Varonis Systems, Inc. (NASDAQ:VRNS) By 27%?
    Simply Wall St.

    Are Investors Undervaluing Varonis Systems, Inc. (NASDAQ:VRNS) By 27%?

    How far off is Varonis Systems, Inc. (NASDAQ:VRNS) from its intrinsic value? Using the most recent financial data...

  • Varonis Systems (VRNS) Reports Q4 Loss, Tops Revenue Estimates
    Zacks

    Varonis Systems (VRNS) Reports Q4 Loss, Tops Revenue Estimates

    Varonis (VRNS) delivered earnings and revenue surprises of 10.00% and 0.71%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Varonis Announces Fourth Quarter and Full Year 2019 Financial Results

    Annual recurring revenues grew to $210.5 million, a 62% increase over fourth quarter 2018Subscription revenues were 82% of fourth quarter 2019 license revenues NEW YORK, Feb..

  • ACCESSWIRE

    Varonis Systems, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / February 10, 2020 / Varonis Systems, Inc. (NASDAQ:VRNS) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 10, 2020 ...

  • GlobeNewswire

    Varonis to Present at JMP Securities Technology Conference

    NEW YORK, Feb. 04, 2020 -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced its participation in the JMP Securities 2020 Technology.

  • Analysts Estimate Varonis Systems (VRNS) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Varonis Systems (VRNS) to Report a Decline in Earnings: What to Look Out for

    Varonis (VRNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • When Should You Buy Varonis Systems, Inc. (NASDAQ:VRNS)?
    Simply Wall St.

    When Should You Buy Varonis Systems, Inc. (NASDAQ:VRNS)?

    Varonis Systems, Inc. (NASDAQ:VRNS), which is in the software business, and is based in United States, saw a...

  • GlobeNewswire

    Varonis Announces Date of Fourth Quarter and Full Year 2019 Financial Results

    NEW YORK, Jan. 09, 2020 -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced that it will report its fourth quarter and full year 2019.

  • GlobeNewswire

    Varonis Presents Best Practices in Securing Regulated Data at the Gartner Identity & Access Management Summit 2019

    Learn how regulations like the GDPR and the upcoming California Consumer Privacy Act (CCPA) will impact your security programs and priorities in 2020 NEW YORK, Dec. 09, 2019.

  • Did Hedge Funds Drop The Ball On Varonis Systems Inc (VRNS) ?
    Insider Monkey

    Did Hedge Funds Drop The Ball On Varonis Systems Inc (VRNS) ?

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]

  • Announcing: Varonis Systems (NASDAQ:VRNS) Stock Increased An Energizing 224% In The Last Five Years
    Simply Wall St.

    Announcing: Varonis Systems (NASDAQ:VRNS) Stock Increased An Energizing 224% In The Last Five Years

    The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...

  • GlobeNewswire

    Varonis to Present at December Investor Conferences

    NEW YORK, Nov. 21, 2019 -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced its participation at the following upcoming conferences:.

  • GlobeNewswire

    Varonis to Present at November Investor Conferences

    NEW YORK, Oct. 31, 2019 -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced its participation at the following upcoming conferences:.

  • Thomson Reuters StreetEvents

    Edited Transcript of VRNS earnings conference call or presentation 28-Oct-19 9:00pm GMT

    Q3 2019 Varonis Systems Inc Earnings Call

  • Varonis Systems (VRNS) Reports Q3 Loss, Tops Revenue Estimates
    Zacks

    Varonis Systems (VRNS) Reports Q3 Loss, Tops Revenue Estimates

    Varonis (VRNS) delivered earnings and revenue surprises of 52.94% and 6.70%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Varonis Announces Third Quarter 2019 Financial Results

    Annual recurring revenues grew to $178.9 million, a 52% increase over third quarter 2018 Subscription revenues increased to 74% of third quarter 2019 license revenues Raising.

  • GlobeNewswire

    UPDATE - Varonis at NetApp Insight 2019: Learn How to Defend Your Hybrid Cloud from New Attacker Exploits

    NEW YORK, Oct. 28, 2019 -- Varonis Systems, Inc. (NASDAQ: VRNS), a pioneer in data security and analytics, will be exhibiting at NetApp Insight on October 28-30, 2019 in Las.

  • Is Varonis Systems Inc (VRNS) A Good Stock To Buy?
    Insider Monkey

    Is Varonis Systems Inc (VRNS) A Good Stock To Buy?

    Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]

  • We're Not Worried About Varonis Systems's (NASDAQ:VRNS) Cash Burn
    Simply Wall St.

    We're Not Worried About Varonis Systems's (NASDAQ:VRNS) Cash Burn

    We can readily understand why investors are attracted to unprofitable companies. For example, although...

  • 3 Stocks That Are Screaming Buys Right Now
    TipRanks

    3 Stocks That Are Screaming Buys Right Now

    Given the renewed sense of optimism, investors are looking for fresh investments to spruce up their portfolios. With this in mind, we used TipRanks’ Best Stocks to Buy tool to narrow down the 3 top stocks that represent the most compelling investments in the current economic climate. All of these stocks have the Street’s backing as each has received a recent ratings upgrade and earned a “Strong Buy” consensus, based on all of the ratings assigned to the stock over the last three months. Planet Fitness (PLNT)Despite some recent shakiness after management stated 2H19 comps will decelerate during its second quarter earnings conference call, one top analyst just gave the fitness chain a ratings boost.Imperial Capital’s George Kelly believes the “best in class fitness operator” is a growth stock based on its solid fundamentals. In the latest quarter, the company posted revenue of $181.7 million which represented a 29% year-over-year gain. Not to mention, the company boasts 14 million guests which utilize its fitness centers.That being said, more gains could be in store thanks to its new locations and higher pricing. With the company opening more centers this year than ever before and its introduction of more Black Card services as well as membership tiers, its long-term growth narrative appears strong.All of this lends itself to Kelly’s conclusion that PLNT “offers much value at its current pricing relative to competitors” which include Crunch and The Edge Fitness. This prompted the five-star analyst to upgrade the rating to a Buy and set a $72.50 price target, which puts the upside potential at 20%. (To watch Kelly’s track record, click here)The rest of the Street is even more bullish on PLNT. With 6 Buy ratings and 1 Hold received in the last three months, the stock is clearly a ‘Strong Buy’ among analysts. The upside potential also comes in at 36% based on its $82 average price target. (See Planet Fitness stock analysis on TipRanks) Varonis Systems (VRNS)Varonis Systems is a software company that provides data security and analytics solutions. The company, which is up 19% year-to-date, looks like a long-term winner according to several Wall Street analysts.While its shift from license based software to subscription based initially posed a cause for concern among some investors, the transition appears to be going much more smoothly than expected. At the beginning of the year, management guided subscription revenue landing at 10% of total license revenues. However, investors got a pleasant surprise as the company delivered subscription revenue which made up 31% of license revenue in its first quarter. Its next quarter saw a similar result with subscriptions contributing to 56% of the license revenue mix.“Subscription transition continues to happen faster than expected. We believe VRNS will report a quarter like their last two, a higher anticipated mix of subscription revenue and raised mix guidance,” Craig-Hallum analyst Chad Bennett explained. He now expects that subscriptions will account for between 65%-75% of total license revenue as VRNS exits 2019.On top of the success of its altered business model, data obtained by Craig-Hallum indicates demand for its new subscription model remains healthy. This makes sense as a subscription based model reduces customers’ upfront investment so buying multiple products is more attractive.Based on all of the above factors, Bennett upgraded the rating to a Buy and raised the price target from $70 to $75. The new price target conveys his confidence in VRNS’s ability to surge 22% over the next twelve months. (To watch Bennett’s track record, click here)Other Wall Street analysts take a similar approach when it comes to this software stock. VRNS boasts a ‘Strong Buy’ Street consensus, with its $81 average price target implying 33% upside potential. (See Varonis Systems stock analysis on TipRanks) TFI International (TFIFF)It’s no question that the name behind Canada’s largest trucking fleet has taken a hit as a result of deterioration within the industry as a whole. Nonetheless, TFIFF share price could be on the road to recovery as the worst might be behind for the trucking space.As truck-load freight rates start to stabilize, it could be a sign that contract rates will soon rebound as well. It should also be noted that while truck supply has increased, truck tonnage remains positive in 2019 and spot rates are still healthy.While the industry still has a ways to go, TFIFF could see further truck-load margin improvement as it shifts focus towards revenue and operating expenses. In its U.S. Last Mile segment, management has also made a significant effort to improve revenue quality as well as efficiency.BMO Capital five-star analyst Fadi Chamoun tells clients that its focus on revenue as well as its recent acquisitions including Aulick Leasing Corporation and ShirAul, LLC warranted bumping up the rating from a Hold to a Buy. “We expect Q3/19 results will prove to be resilient despite a softer freight market. This is supported by M&A and self-help opportunities in the U.S. TL and last-mile segments,” he commented.As a result, Chamoun raised the price target from CA$45 to CA$47 in addition to lifting the rating. This price target suggests shares could gain 12% over the next twelve months. (To watch Chamoun’s track record, click here)With only Buy ratings assigned in the last three months, the word on the Street is that TFIFF is a ‘Strong Buy’. Its $41 average price target indicates 28% upside potential.

  • GlobeNewswire

    Varonis at NetApp Insight 2019: Learn How to Defend Your Hybrid Cloud from New Attacker Exploits

    NEW YORK, Oct. 23, 2019 -- Varonis Systems, Inc. (NASDAQ: VRNS), a pioneer in data security and analytics, will be exhibiting at NetApp Insight on October 28-30, 2019 in Las.

  • Earnings Preview: Varonis Systems (VRNS) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: Varonis Systems (VRNS) Q3 Earnings Expected to Decline

    Varonis (VRNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.