Analysts' ratings for Varonis Systems VRNS over the last quarter vary from bullish to bearish, as provided by 8 analysts.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 3 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $59.88, along with a high estimate of $70.00 and a low estimate of $47.00. This current average has increased by 3.03% from the previous average price target of $58.12.
Understanding Analyst Ratings: A Comprehensive Breakdown
In examining recent analyst actions, we gain insights into how financial experts perceive Varonis Systems. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joseph Gallo | Jefferies | Lowers | Hold | $50.00 | $60.00 |
| Rudy Kessinger | DA Davidson | Lowers | Neutral | $47.00 | $50.00 |
| Matthew Hedberg | RBC Capital | Maintains | Outperform | $65.00 | $65.00 |
| Rob Owens | Piper Sandler | Raises | Neutral | $55.00 | $48.00 |
| Brian Essex | JP Morgan | Raises | Overweight | $65.00 | $59.00 |
| Roger Boyd | UBS | Raises | Buy | $70.00 | $63.00 |
| Shrenik Kothari | Baird | Raises | Outperform | $62.00 | $60.00 |
| Saket Kalia | Barclays | Raises | Overweight | $65.00 | $60.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Varonis Systems. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Varonis Systems compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Varonis Systems's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Varonis Systems's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Varonis Systems analyst ratings.
All You Need to Know About Varonis Systems
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
Key Indicators: Varonis Systems's Financial Health
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Positive Revenue Trend: Examining Varonis Systems's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 21.06% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Varonis Systems's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -12.38%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Varonis Systems's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -4.13%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Varonis Systems's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -1.4%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Varonis Systems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.74, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Understanding the Relevance of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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