Imperva (NASDAQ:IMPV) posted its earnings results on Thursday, February 8th. The software maker reported $0.40 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.13, Bloomberg Earnings reports. The firm had revenue of $91.10 million for the quarter, compared to analysts’ expectations of $91.11 million. Imperva had a negative return on equity of 3.37% and a net margin of 7.11%. The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the firm earned $0.32 EPS.
Imperva (IMPV) traded down $0.55 during trading on Friday, reaching $46.10. 530,805 shares of the company traded hands, compared to its average volume of 397,104. Imperva has a 12-month low of $37.17 and a 12-month high of $52.40. The firm has a market cap of $1,550.00, a P/E ratio of 68.81 and a beta of 1.79.
A number of brokerages recently weighed in on IMPV. Zacks Investment Research raised shares of Imperva from a “hold” rating to a “strong-buy” rating and set a $53.00 price target on the stock in a research note on Friday. ValuEngine raised shares of Imperva from a “sell” rating to a “hold” rating in a research note on Thursday. Imperial Capital raised their target price on shares of Imperva from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Evercore ISI set a $56.00 target price on shares of Imperva and gave the stock a “buy” rating in a research note on Friday, February 9th. Finally, Piper Jaffray Companies raised shares of Imperva from a “neutral” rating to an “overweight” rating and set a $52.00 target price on the stock in a research note on Friday, February 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $53.14.
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Imperva, Inc provides cyber-security solutions that protect business-critical data and applications whether in the cloud or on premises. The Company is engaged in the development, marketing, sales, service and support of cyber-security solutions. The Company’s products include its Imperva SecureSphere Paltform, Imperva CounterBreach and Imperva Camouflage for enterprise data centers, and Imperva Incapsula offering for cloud-based security services.
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