Veeva Systems Inc. (VEEV) Reaches $83.95 52-Week High; Last Week CoreCivic, Inc. (CXW) Analysts

June 18, 2018 - By Stephen Andrade

CoreCivic, Inc. (NYSE:CXW) Logo

Among 4 analysts covering Corrections Corp (NYSE:CXW), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Corrections Corp had 19 analyst reports since November 6, 2015 according to SRatingsIntel. As per Wednesday, January 31, the company rating was maintained by SunTrust. The rating was maintained by Canaccord Genuity with “Hold” on Tuesday, March 22. Canaccord Genuity maintained it with “Hold” rating and $21 target in Wednesday, August 24 report. The firm has “Buy” rating given on Tuesday, April 11 by Canaccord Genuity. Deutsche Bank maintained it with “Buy” rating and $35 target in Tuesday, August 8 report. The rating was maintained by Canaccord Genuity with “Buy” on Friday, February 10. The stock of CoreCivic, Inc. (NYSE:CXW) earned “Hold” rating by Canaccord Genuity on Friday, November 11. Canaccord Genuity maintained it with “Hold” rating and $31 target in Friday, November 6 report. On Thursday, September 1 the stock rating was maintained by Suntrust Robinson with “Neutral”. The firm has “Buy” rating given on Friday, September 29 by SunTrust. See CoreCivic, Inc. (NYSE:CXW) latest ratings:

15/02/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $35 New Target: $33 Maintain
31/01/2018 Broker: SunTrust Rating: Buy New Target: $34.0 Maintain

The stock of Veeva Systems Inc. (NYSE:VEEV) hit a new 52-week high and has $90.67 target or 8.00% above today’s $83.95 share price. The 9 months bullish chart indicates low risk for the $12.04 billion company. The 1-year high was reported on Jun, 18 by Barchart.com. If the $90.67 price target is reached, the company will be worth $963.36 million more. The stock increased 0.61% or $0.51 during the last trading session, reaching $83.95. About 223,922 shares traded. Veeva Systems Inc. (NYSE:VEEV) has risen 24.78% since June 18, 2017 and is uptrending. It has outperformed by 12.21% the S&P500. Some Historical VEEV News: ; 25/05/2018 – Tech Today: Warming to Roku, Defending Autodesk, Cheers for Veeva, Nutanix — Barron’s Blog; 04/05/2018 – VEEVA SYSTEMS SAYS CEO PETER GASSNER’S TOTAL COMPENSATION IN 2018 $88.1 MLN WHICH INCLUDED OPTION AWARDS WORTH $87.8 MLN – SEC FILING; 24/05/2018 – VEEVA SYSTEMS INC VEEV.N SEES FY 2019 NON-GAAP SHR $1.36 TO $1.38; 17/05/2018 – Lacework Helps Veeva Systems Automate Security and Compliance for its AWS Cloud; 24/05/2018 – Veeva Systems Sees 2Q EPS 33c-EPS 34c; 29/03/2018 – Nuvolo Names Veeva Systems Executive Dan Goldsmith to Board of Directors; 04/05/2018 – Veeva Awards Billionaire CEO Gassner $88 Million for Last Year; 08/05/2018 – Yale University Discloses Positions in Pure Storage, Veeva — Barron’s Blog; 20/03/2018 – Veeva to Establish Major Regional Office in Columbus, Ohio; 07/05/2018 – Veeva Announces Merck’s Expanded Use of Veeva CRM for Latin America and Asia Pacific

CoreCivic, Inc., together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. The company has market cap of $2.53 billion. It owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies. It has a 15.25 P/E ratio. The firm also offers various rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment, as well as food services, work and recreational programs, and healthcare services, such as medical, dental, and mental health services.

Investors sentiment decreased to 1.5 in 2018 Q1. Its down 0.50, from 2 in 2017Q4. It worsened, as 1 investors sold CoreCivic, Inc. shares while 1 reduced holdings. 2 funds opened positions while 1 raised stakes. 90,020 shares or 26.24% more from 71,306 shares in 2017Q4 were reported. Moreover, Eqis Cap Management has 0.03% invested in CoreCivic, Inc. (NYSE:CXW). The California-based Gemmer Asset Management Ltd Liability Com has invested 0% in CoreCivic, Inc. (NYSE:CXW). Green Street Investors Limited Co owns 26,400 shares.

Since March 2, 2018, it had 1 insider purchase, and 0 sales for $105,869 activity. Emkes Mark A bought $105,869 worth of stock or 5,000 shares.

More recent CoreCivic, Inc. (NYSE:CXW) news were published by: Seekingalpha.com which released: “CoreCivic: 40% Upside Coming Out Of FFO Trough” on May 28, 2018. Also Fool.com published the news titled: “1 Especially Bad Investing Move if Trump Backs US Marijuana Law Reform” on June 17, 2018. Streetinsider.com‘s news article titled: “CoreCivic (CXW) Reports Management Contract at Tallahatchie County Correctional Facility for US Marshals Service” with publication date: June 14, 2018 was also an interesting one.

The stock decreased 0.47% or $0.1 during the last trading session, reaching $21.35. About 187,943 shares traded. CoreCivic, Inc. (NYSE:CXW) has declined 30.56% since June 18, 2017 and is downtrending. It has underperformed by 43.13% the S&P500. Some Historical CXW News: ; 02/05/2018 – CoreCivic Sees 2Q Adj EPS 33c-Adj EPS 35c; 02/05/2018 – CoreCivic 1Q Rev $440.9M; 02/05/2018 – CORECIVIC 1Q NORMALIZED FFO/SHR 53C, EST. 52C (2 EST.); 02/05/2018 – CoreCivic 1Q Adj EPS 32c; 02/05/2018 – CoreCivic Sees FY EPS $1.40-EPS $1.46; 18/04/2018 – CORECIVIC – AMENDED CREDIT AGREEMENT FOR UP TO $1.0 BLN, REPLACING EXISTING $900.0 MLN REVOLVING CREDIT FACILITY AND TERM LOAN; 02/05/2018 – CoreCivic 1Q Normalized FFO 53c/Share; 18/04/2018 – CORECIVIC AMENDMED LINE OF UUP TO $1B, REPLACES $900M LINES; 07/03/2018 CoreCivic Non-Deal Roadshow Set By SunTrust for Mar. 14-15; 14/03/2018 – CoreCivic at Non-Deal Roadshow Hosted By SunTrust Today

Among 16 analysts covering Veeva Systems (NYSE:VEEV), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Veeva Systems had 57 analyst reports since August 28, 2015 according to SRatingsIntel. Leerink Swann maintained the shares of VEEV in report on Wednesday, November 25 with “Market Perform” rating. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, February 28. Stifel Nicolaus maintained the shares of VEEV in report on Thursday, July 6 with “Buy” rating. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, August 31. The stock has “Hold” rating by Deutsche Bank on Wednesday, November 25. Canaccord Genuity maintained the shares of VEEV in report on Friday, May 25 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Friday, September 30. The stock has “Buy” rating by Stifel Nicolaus on Friday, August 18. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, March 2. On Monday, June 5 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”.

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. The company has market cap of $12.04 billion. The firm offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, which allow pharmaceutical and biotechnology companies to target and support sales and marketing to physicians, other healthcare professionals, and healthcare organizations through various touch points, including in-person, email, and online; and Veeva Vault, a cloud enterprise content management platform and suite of applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, and quality. It has a 91.25 P/E ratio. It also provides Veeva Network master data management solutions for the management of customer master and product master data.

Investors sentiment increased to 1.4 in 2018 Q1. Its up 0.34, from 1.06 in 2017Q4. It is positive, as 25 investors sold Veeva Systems Inc. shares while 104 reduced holdings. 79 funds opened positions while 102 raised stakes. 99.65 million shares or 1.56% more from 98.12 million shares in 2017Q4 were reported. Tompkins Finance holds 0.01% or 470 shares. Cornerstone Inc has invested 0.03% in Veeva Systems Inc. (NYSE:VEEV). Solutions reported 250 shares. Trexquant Investment L P accumulated 17,033 shares or 0.09% of the stock. 100 were reported by Covington Mngmt. Point72 Asset Mgmt Lp accumulated 14,000 shares or 0% of the stock. Stephens Mgmt Grp Incorporated Ltd Limited Liability Company holds 0.03% of its portfolio in Veeva Systems Inc. (NYSE:VEEV) for 18,760 shares. Foundry Prtnrs Limited Liability Co owns 28,438 shares. 6,800 were reported by Caisse De Depot Et Placement Du Quebec. Hitchwood Cap Mgmt Ltd Partnership accumulated 1.10 million shares or 3.91% of the stock. Principal Fin Group Inc invested 0% in Veeva Systems Inc. (NYSE:VEEV). Brinker owns 20,101 shares. Cipher Capital L P invested in 25,495 shares. Enterprise Fin Ser has invested 0% in Veeva Systems Inc. (NYSE:VEEV). 3,100 are owned by First Midwest Comml Bank Trust Division.

Since January 5, 2018, it had 0 insider buys, and 29 insider sales for $24.17 million activity. Shares for $48,654 were sold by Faddis Jonathan. Shares for $930,000 were sold by Lequient Frederic. BARABE TIMOTHY C also sold $155,773 worth of Veeva Systems Inc. (NYSE:VEEV) shares. Wallach Matthew J sold $931,580 worth of stock or 12,000 shares. $4.09 million worth of Veeva Systems Inc. (NYSE:VEEV) was sold by Cabral Timothy S on Wednesday, June 6. $64,866 worth of Veeva Systems Inc. (NYSE:VEEV) was sold by Zuppas Eleni Nitsa. Another trade for 603 shares valued at $43,772 was made by MATEO ALAN on Friday, April 13.

Veeva Systems Inc. (NYSE:VEEV) Institutional Positions Chart

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