Varonis Systems Sees Composite Rating Improve To 97

Varonis Systems (VRNS) saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 91 to 97.


The upgrade means the stock is now outpacing 97% of all other stocks in terms of key performance metrics and technical strength.

Varonis Systems has now climbed above a proper buy zone after breaking out from a 138.85 buy point in a consolidation. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.


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One weak spot is the company’s 74 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it’s in the top 20% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q4, the company posted 478% earnings-per-share growth. That means it’s now posted six straight quarters of rising EPS gains. Sales growth increased 31%, up from 17% in the prior quarter. That marks four consecutive reports with rising growth.

Varonis Systems earns the No. 3 rank among its peers in the Computer Software-Database industry group. Commvault Systems (CVLT) is the top-ranked stock within the group.


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