Recent important positive changes in fundamentals have benefitted Varonis Systems Inc (NASDAQ: VRNS): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.
Important positive changes in Varonis Systems Inc (NASDAQ: VRNS) investment behavior have recently occurred: positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
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 D (Negative). This VT Rating improved modestly in recent days from F previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Varonis Systems has a very low Appreciation Score of 5 but a good Power Rating of 71, with the Negative Value Trend Rating the result.
Recent Price Action
On 8/9/24, Varonis Systems Inc (NASDAQ: VRNS) stock increased 1.9%, closing at $54.77. However, trading volume in this advance was below average at 75% of normal. Relative to the market the stock has been strong over the last nine months and has risen 3.0% during the last week.
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