Cantor Fitzgerald Weighs in on Varonis Systems FY2025 Earnings

Varonis Systems, Inc. (NASDAQ:VRNS) – Analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Varonis Systems in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver expects that the technology company will post earnings per share of ($0.69) for the year. Cantor Fitzgerald has a “Overweight” rating and a $60.00 price objective on the stock. The consensus estimate for Varonis Systems’ current full-year earnings is ($0.70) per share.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings data on Tuesday, October 29th. The technology company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. Varonis Systems had a negative net margin of 15.31% and a negative return on equity of 17.58%. The company had revenue of $148.07 million for the quarter, compared to the consensus estimate of $141.62 million. During the same quarter last year, the firm posted ($0.22) earnings per share. The firm’s revenue was up 21.1% compared to the same quarter last year.

Several other equities analysts also recently weighed in on the company. Needham & Company LLC reiterated a “buy” rating and set a $67.00 target price on shares of Varonis Systems in a research report on Monday, January 6th. Jefferies Financial Group lowered their price objective on Varonis Systems from $60.00 to $50.00 and set a “hold” rating on the stock in a research report on Thursday, December 19th. Piper Sandler reduced their target price on shares of Varonis Systems from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Monday, January 6th. UBS Group raised their target price on shares of Varonis Systems from $63.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $65.00 price target on shares of Varonis Systems in a research report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Varonis Systems currently has an average rating of “Moderate Buy” and a consensus price target of $59.44.

Varonis Systems Trading Down 1.3 %

Shares of Varonis Systems stock opened at $44.87 on Wednesday. Varonis Systems has a 1-year low of $41.13 and a 1-year high of $60.58. The company’s fifty day simple moving average is $47.27 and its 200-day simple moving average is $51.58. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.81 and a quick ratio of 1.81. The stock has a market capitalization of $5.05 billion, a PE ratio of -59.83 and a beta of 0.83.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VRNS. Virtue Capital Management LLC boosted its holdings in shares of Varonis Systems by 2.3% in the 3rd quarter. Virtue Capital Management LLC now owns 16,264 shares of the technology company’s stock worth $919,000 after purchasing an additional 364 shares during the period. Xponance Inc. lifted its position in Varonis Systems by 5.6% in the second quarter. Xponance Inc. now owns 6,975 shares of the technology company’s stock worth $335,000 after buying an additional 367 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Varonis Systems by 445.3% during the third quarter. Farther Finance Advisors LLC now owns 518 shares of the technology company’s stock worth $29,000 after buying an additional 423 shares during the period. Pacer Advisors Inc. increased its position in Varonis Systems by 29.5% during the fourth quarter. Pacer Advisors Inc. now owns 2,645 shares of the technology company’s stock valued at $118,000 after acquiring an additional 603 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of Varonis Systems by 25.5% in the third quarter. KBC Group NV now owns 3,263 shares of the technology company’s stock valued at $184,000 after acquiring an additional 663 shares during the period. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Insider Activity

In other news, CFO Guy Melamed sold 91,345 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $53.70, for a total value of $4,905,226.50. Following the sale, the chief financial officer now directly owns 504,598 shares in the company, valued at $27,096,912.60. The trade was a 15.33 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.60% of the company’s stock.

Varonis Systems Company Profile

Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property.