Press coverage about CyberArk (NASDAQ:CYBR) has been trending somewhat positive on Saturday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CyberArk earned a news impact score of 0.18 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.1290015779828 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
CYBR traded down $1.49 on Friday, reaching $50.78. 206,004 shares of the company traded hands, compared to its average volume of 380,337. CyberArk has a one year low of $39.34 and a one year high of $55.63. The firm has a market capitalization of $1,859.68, a price-to-earnings ratio of 69.56, a PEG ratio of 5.34 and a beta of 2.04.
CyberArk (NASDAQ:CYBR) last posted its quarterly earnings results on Thursday, February 15th. The technology company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.36 by $0.05. CyberArk had a net margin of 6.12% and a return on equity of 6.88%. The business had revenue of $80.37 million during the quarter, compared to analyst estimates of $75.62 million. During the same quarter in the previous year, the business posted $0.41 EPS. The company’s quarterly revenue was up 24.9% compared to the same quarter last year. equities analysts predict that CyberArk will post 0.54 EPS for the current year.
Several brokerages recently issued reports on CYBR. BidaskClub upgraded shares of CyberArk from a “buy” rating to a “strong-buy” rating in a report on Friday, March 30th. Needham & Company LLC reiterated a “buy” rating and issued a $57.00 price target (up from $55.00) on shares of CyberArk in a research report on Wednesday, March 7th. Bank of America upgraded shares of CyberArk from a “neutral” rating to a “buy” rating and raised their price objective for the company from $39.34 to $55.63 in a research report on Friday, March 9th. Zacks Investment Research downgraded shares of CyberArk from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Finally, Cowen restated a “hold” rating on shares of CyberArk in a research report on Friday, February 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. CyberArk has a consensus rating of “Buy” and a consensus price target of $51.89.
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CyberArk Software Ltd. develops, markets, and sells software-based security solutions that protect organizations from cyber attacks in the United States and internationally. The company offers privileged account security solution to secure, manage, and monitor account access and activities. Its privileged account security solution consists of Enterprise Password Vault that prevents user passwords and SSH keys; Privileged Session Manager that protects windows based systems, databases, virtual machines, network devices, Web sites, and SaaS applications; and Privileged Threat Analytics that enables to detect, alert, and respond to anomalous privileged activity.
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