Varonis Systems

Company Profile

Varonis Systems had its IPO on 2014-02-28 under the ticker symbol VRNS.

The company operates in the Technology sector and Software-Infrastructure industry. Varonis Systems has a staff strength of 2,143 employees.

Stock update

Shares of Varonis Systems opened at $31.19 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $30.99 - $31.46, and closed at $31.08.

This is a -1.55% slip from the previous day's closing price.

A total volume of 397,681 shares were traded at the close of the day’s session.

In the last one week, shares of Varonis Systems have slipped by -3.6%.

Varonis Systems's Key Ratios

Varonis Systems has a market cap of $3.46 billion, indicating a price to book ratio of 4.9736 and a price to sales ratio of 5.7086.

In the last 12-months Varonis Systems’s revenue was $488.68 million with a gross profit of $403.80 million and an EBITDA of $-105601000. The EBITDA ratio measures Varonis Systems's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Varonis Systems’s operating margin was -24.23% while its return on assets stood at -7.09% with a return of equity of -23.36%.

In Q2, Varonis Systems’s quarterly earnings growth was a positive 0% while revenue growth was a positive 3.6%.

Varonis Systems’s PE and PEG Ratio

Forward PE

92.5926

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-1.03 per share while it has a forward price to earnings multiple of 92.5926 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Varonis Systems’s profitability.

Varonis Systems stock is trading at a EV to sales ratio of 4.7304 and a EV to EBITDA ratio of -17.9734. Its price to sales ratio in the trailing 12-months stood at 5.7086.

Varonis Systems stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.04 billion

Total Liabilities

$254.75 million

Operating Cash Flow

$152.42 million

Capital Expenditure

$1.49 million

Dividend Payout Ratio

0%

Varonis Systems ended 2024 with $1.04 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.04 billion while shareholder equity stood at $470.71 million.

Varonis Systems ended 2024 with $0 in deferred long-term liabilities, $254.75 million in other current liabilities, 110000.00 in common stock, $-620475000.00 in retained earnings and $23.14 million in goodwill. Its cash balance stood at $399.20 million and cash and short-term investments were $753.75 million. The company’s total short-term debt was $-680,000 while long-term debt stood at $249.72 million.

Varonis Systems’s total current assets stands at $905.32 million while long-term investments were $0 and short-term investments were $354.56 million. Its net receivables were $103.67 million compared to accounts payable of $680000.00 and inventory worth $0.

In 2024, Varonis Systems's operating cash flow was $152.42 million while its capital expenditure stood at $1.49 million.

Comparatively, Varonis Systems paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$31.08

52-Week High

$32.64

52-Week Low

$15.61

Analyst Target Price

$31.58

Varonis Systems stock is currently trading at $31.08 per share. It touched a 52-week high of $32.64 and a 52-week low of $32.64. Analysts tracking the stock have a 12-month average target price of $31.58.

Its 50-day moving average was $29.2 and 200-day moving average was $26.03 The short ratio stood at 5.16 indicating a short percent outstanding of 0%.

Around 213% of the company’s stock are held by insiders while 9809.6% are held by institutions.