Cyberark Software (NASDAQ:CYBR) will announce its earnings results before the market opens on Thursday, February 15th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.
Cyberark Software (NASDAQ:CYBR) opened at $43.56 on Tuesday. The stock has a market cap of $1,510.00, a PE ratio of 69.14, a price-to-earnings-growth ratio of 3.08 and a beta of 2.45. Cyberark Software has a one year low of $39.34 and a one year high of $55.63.
An institutional investor recently raised its position in Cyberark Software stock. Vanguard Group Inc. grew its holdings in shares of Cyberark Software Ltd (NASDAQ:CYBR) by 59.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,495 shares of the technology company’s stock after purchasing an additional 6,897 shares during the quarter. Vanguard Group Inc. owned approximately 0.06% of Cyberark Software worth $924,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 76.63% of the company’s stock.
Several equities analysts have issued reports on CYBR shares. Piper Jaffray Companies restated a “buy” rating and set a $50.00 target price on shares of Cyberark Software in a research note on Friday, November 3rd. ValuEngine cut shares of Cyberark Software from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Zacks Investment Research upgraded shares of Cyberark Software from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research note on Wednesday, November 8th. BidaskClub cut shares of Cyberark Software from a “hold” rating to a “sell” rating in a research note on Friday, December 15th. Finally, UBS Group lowered their target price on shares of Cyberark Software from $52.00 to $50.00 and set a “neutral” rating on the stock in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $49.69.
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Cyberark Software Company Profile
CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.
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