Cyberark Software (NASDAQ:CYBR) updated its first quarter 2020
Pre-Market earnings guidance on Wednesday. The company provided EPS guidance of 0.35-0.41 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56. The company issued revenue guidance of $106-110 million, compared to the consensus revenue estimate of $113.66 million.Cyberark Software also updated its FY 2020
Pre-Market guidance to 2.26-2.38 EPS.
Several brokerages recently commented on CYBR. Zacks Investment Research lowered Cyberark Software from a buy rating to a hold rating and set a $125.00 target price on the stock. in a research report on Friday, January 3rd. Needham & Company LLC cut Cyberark Software from a buy rating to a hold rating in a research note on Thursday. UBS Group lowered their target price on Cyberark Software from $128.00 to $123.00 and set a neutral rating for the company in a report on Thursday. Piper Jaffray Companies initiated coverage on Cyberark Software in a research note on Friday, November 8th. They issued a neutral rating and a $120.00 price target on the stock. Finally, JPMorgan Chase & Co. restated a buy rating and set a $163.00 price target on shares of Cyberark Software in a report on Thursday, November 7th. Seven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average target price of $138.90.
NASDAQ:CYBR traded up $0.74 on Friday, hitting $118.94. The stock had a trading volume of 930,522 shares, compared to its average volume of 903,560. The business’s fifty day moving average is $133.14 and its 200 day moving average is $118.24. The company has a market cap of $5.25 billion, a PE ratio of 68.75, a P/E/G ratio of 5.59 and a beta of 1.50. Cyberark Software has a 52 week low of $94.30 and a 52 week high of $148.74.
Cyberark Software (NASDAQ:CYBR) last released its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.97 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.16. The firm had revenue of $129.66 million during the quarter, compared to the consensus estimate of $126.67 million. Cyberark Software had a return on equity of 12.94% and a net margin of 16.09%. The company’s quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 earnings per share. As a group, analysts anticipate that Cyberark Software will post 1.56 EPS for the current year.
Cyberark Software Company Profile
CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations.
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