Financial Comparison: Appian (NASDAQ:APPN) vs. Veeva Systems (NASDAQ:VEEV)
Appian (NASDAQ:APPN) and Veeva Systems (NYSE:VEEV) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, risk, analyst recommendations, earnings, valuation, dividends and institutional ownership.
This table compares Appian and Veeva Systems’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Appian has a beta of 0.75, suggesting that its share price is 25% less volatile than the S&P 500. Comparatively, Veeva Systems has a beta of 1.23, suggesting that its share price is 23% more volatile than the S&P 500.
Institutional & Insider Ownership
41.7% of Appian shares are held by institutional investors. Comparatively, 77.5% of Veeva Systems shares are held by institutional investors. 50.0% of Appian shares are held by company insiders. Comparatively, 14.4% of Veeva Systems shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
This is a summary of current ratings and target prices for Appian and Veeva Systems, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Appian currently has a consensus target price of $40.02, suggesting a potential downside of 26.98%. Veeva Systems has a consensus target price of $177.12, suggesting a potential upside of 14.80%. Given Veeva Systems’ stronger consensus rating and higher possible upside, analysts plainly believe Veeva Systems is more favorable than Appian.
Earnings & Valuation
This table compares Appian and Veeva Systems’ revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Appian||$226.74 million||16.23||-$49.45 million||($0.80)||-68.50|
|Veeva Systems||$862.21 million||26.59||$229.83 million||$1.24||124.42|
Veeva Systems has higher revenue and earnings than Appian. Appian is trading at a lower price-to-earnings ratio than Veeva Systems, indicating that it is currently the more affordable of the two stocks.
Veeva Systems beats Appian on 13 of the 14 factors compared between the two stocks.
Appian Corporation provides low-code software development platform that enables organizations to develop various applications in the United States and internationally. The company's platform automates the creation of forms, data flows, records, reports, and other software elements that are needed to be manually coded or configured. Its principal software markets include business process management systems, dynamic case management, digital process automation, and low-code development. The company also offers professional and customer support services. Its customers include financial services, life sciences, government, telecommunications, media, energy, manufacturing, and transportation organizations. The company was founded in 1999 and is headquartered in Reston, Virginia.
About Veeva Systems
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. The company offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, data solutions, and master data management solutions; and Veeva Vault, a cloud-based enterprise content and data management applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, quality, and safety. It also provides professional and support services in the areas of implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; technical consulting services related to data migration and systems integrations; training on its solutions; and ongoing managed services that include outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was founded in 2007 and is headquartered in Pleasanton, California.
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