Varonis Systems Inc (NASDAQ: VRNS) has reported E.P.S. of $-0.21 for its second fiscal quarter (ending June 30) versus $-0.35 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-0.80 versus $-1.07 for the same period a year ago.
Recent Price Action
Varonis Systems Inc (NASDAQ: VRNS) stock rose slightly by 0.04% on 7/29/24. The stock closed at $48.49. Moreover, unusually high trading volume at 159% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, VRNS is expected to be a modest Value Builder.
Varonis Systems has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Varonis Systems has a very low Appreciation Score of 5 but a neutral Power Rating of 54, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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