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How to Buy Varonis Systems Stock

Varonis Systems Inc

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.

Varonis Systems stock last closed at $44.22, up 2.05% from the previous day, and has increased 72.73% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.72 percentage points. Varonis Systems stock is currently +79.32% from its 52-week low of $24.66, and -16.38% from its 52-week high of $52.88.

At the moment, there are 111.5M VRNS shares outstanding. The market value of VRNS is $4.93B. In the past 24 hours, 4.68M VRNS shares were traded.

How to Buy Varonis Systems Stock

Wondering how to invest in Varonis Systems stock? Here's how.
  1. Decide where to buy Varonis Systems stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Varonis Systems stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Choose your payment method and add your info.
  4. Analyze Varonis Systems stock: The Varonis Systems ticker symbol is VRNS. Is Varonis Systems stock a good investment? Should you buy shares of VRNS? How do VRNS's underlying business fundamentals look? Do top analysts think Varonis Systems is a good buy? Why has VRNS's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if VRNS is a good stock to buy).
  5. Execute your VRNS buy order: Decide if you will purchase VRNS shares at the current market price or use a limit order to buy VRNS stock at a specific price.
  6. Get the latest scoop on your VRNS position: Create a watchlist to keep track of your new investment in Varonis Systems stock.

Step 1: Decide where to buy Varonis Systems stock

You need a brokerage account in order to access the NASDAQ market and buy VRNS shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal information so you can buy VRNS today.

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  2. Input your personal details to create your new trading account.
  1. Send your details by clicking the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've finished signing up on stock market app, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help depositing money into your new investment account.

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Step 4: Analyze Varonis Systems stock

After you have selected the best place to buy Varonis Systems stock, it's very important to analyze their stock before you invest, so you actually comprehend the risk and opportunity.

Varonis Systems Numbers

VRNS Price
$44.22
1w %
3.27%
1y %
72.73%
5y %
116.66%
P/E
-47.55x
P/B
10.9x
P/S
9.62x
PEG
N/A
Revenue
$505.85M
Earnings
-$103.10M
Fore. Rev. Growth
10.27%
Fore. Earn. Growth
N/A
Market Cap
$4.93B
Next Earnings
Jul 29, 2024
Next Dividend
N/A

Varonis Systems Fundamentals

WallStreetZen was built to help average investors do more accurate fundamental analysis.

You can view all of the due diligence checks on VRNS's stock page.

Is VRNS stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VRNS's intrinsic value.

Using relative valuations methods:

  • VRNS could be undervalued based on its P/B ratio of 10.9x, relative to Software - Infrastructure industry P/B ratio of 12.45x

You can access more valuation analysis on VRNS's stock here.

How do VRNS Financials look?

Passed Financial Due Diligence Checks:

  • VRNS profit margin has gone up from -23.5% to -20.4% in the past year.
  • VRNS earnings of -$121.74M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the VRNS balance sheet.
  • There are more short-term assets than long-term liabilities on the VRNS balance sheet.
  • Total VRNS debt is lower than 5 years ago, relative to shareholder equity.
  • VRNS's operating cash flow of $79.31M allows it to safely service it's debt of $298.87M.

Failed Financial Due Diligence Checks:

  • VRNS has a relatively high debt to equity ratio of 1.33.

Is Varonis Systems stock a Buy, Hold, or Sell, according to analysts?

Out of 11 sell side analysts who give forecasts on VRNS, the consensus analyst rating on VRNS is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

Latest VRNS Analyst Ratings

Brian Colley, a top 11% analyst from Stephens & Co. reiterates VRNS with a strong buy rating and maintains their VRNS price target from $55.00 to $55.00, on Feb 6, 2024.

Andrew Nowinski, a top 12% analyst from Wells Fargo maintains VRNS with a hold rating and raises their VRNS price target from $42.00 to $45.00, on Feb 6, 2024.

Rob Owens, a top 1% analyst from Piper Sandler maintains VRNS with a hold rating and raises their VRNS price target from $40.00 to $45.00, on Feb 6, 2024.

Daniel Ives, a top 4% analyst from Wedbush upgrades VRNS to a buy rating and raises their VRNS price target from $35.00 to $65.00, on Feb 6, 2024.

Rishi Jaluria, a bottom 2% analyst from DA Davidson downgrades VRNS to a hold rating and raises their VRNS price target from $37.00 to $45.00, on Jan 18, 2024.

You can dive deeper into what analysts are saying on the Varonis Systems stock forecast page.

Metrics for Advanced VRNS Traders

SMA10
42.98
SMA20
43.26
SMA50
43.86
SMA100
46.18
SMA200
41.99
MACD
-0.23
MACD Signal
-0.44
MACD Histogram
0.21
RSI
54.63
Stochastic %K
72.22
Stochastic %D
60.54
StochRSI %K
91.33
StochRSI %D
87.59

VRNS Growth Metrics

Last year, VRNS revenue was $505.85M. In the past 5 year, VRNS's revenue has grown by 13.12% per year. This was slower than the Software - Infrastructure industry average of 17.67%.

Learn more about VRNS's earnings and revenue performance here.

Are VRNS executives and large shareholders buying or selling the stock?

Over the last 12 months, insiders at VRNS have sold more shares than they have bought.

Dov Gottlieb, VP and General Counsel of VRNS, was the latest VRNS insider to sell. They sold $921,277.20 worth of VRNS shares on May 31, 2024.

Learn more about who owns VRNS stock here.

Can I get consistent income from VRNS stock?

No, Varonis Systems doesn't provide an income stream by paying out dividends.

VRNS Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your VRNS buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.

Click the Open button and eToro will place the order.

If you need additional assistance investing in stocks on eToro, click the how to video below:

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Step 6: Get the latest scoop on your VRNS position

Now that you own some VRNS shares, you'll want to stay up-to-date on your new investment.

Create a watchlist to get alerted to the latest events about your VRNS stock.

VRNS Feed

How to Buy Stock in Varonis Systems

To summarize, here are the 6 steps to buy Varonis Systems stock:

  1. Decide where to buy Varonis Systems stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Varonis Systems stock
  5. Execute your VRNS buy order
  6. Get the latest scoop on your VRNS position

If you are looking for a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Varonis Systems, create a watchlist today.

NASDAQ: VRNS
$44.22+0.89 (+2.05%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: VRNS
$44.22+0.89 (+2.05%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Varonis Systems share?

As of Jun 21, 2024, it costs $44.22 to buy one share of Varonis Systems stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.226 shares of VRNS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Varonis Systems stock?

According to 11 Wall Street analysts who monitor Varonis Systems, their consensus recommendation is to buy Varonis Systems stock.

What is the best way to buy Varonis Systems stock?

One way to place an order for Varonis Systems stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.