Cyberark Software (NASDAQ:CYBR) is set to announce its earnings results after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.
Cyberark Software (NASDAQ:CYBR) last released its quarterly earnings results on Tuesday, August 7th. The technology company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.12. The firm had revenue of $77.71 million during the quarter, compared to analysts’ expectations of $72.93 million. Cyberark Software had a return on equity of 7.67% and a net margin of 6.80%. On average, analysts expect Cyberark Software to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NASDAQ CYBR opened at $67.47 on Tuesday. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of 92.42, a P/E/G ratio of 4.51 and a beta of 2.08. Cyberark Software has a fifty-two week low of $40.63 and a fifty-two week high of $81.24.
A number of equities analysts have weighed in on CYBR shares. Barclays decreased their price target on Cyberark Software from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Thursday, July 12th. Needham & Company LLC upped their price target on Cyberark Software to $80.00 and gave the stock an “average” rating in a report on Tuesday, July 17th. They noted that the move was a valuation call. Zacks Investment Research cut Cyberark Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 24th. BidaskClub cut Cyberark Software from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 1st. Finally, Evercore ISI restated a “buy” rating and issued a $75.00 price target on shares of Cyberark Software in a report on Wednesday, August 8th. Six investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. Cyberark Software currently has an average rating of “Buy” and a consensus target price of $73.88.
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Cyberark Software Company Profile
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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