Media headlines about Cyberark Software (NASDAQ:CYBR) have trended somewhat negative this week, Alpha One Sentiment Analysis reports. The research firm, a division of Accern, rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cyberark Software earned a daily sentiment score of -0.08 on Alpha One’s scale. Alpha One also assigned media headlines about the company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have effected AlphaOne Sentiment’s analysis:
- Cyberark Software Ltd (CYBR) Upgraded at Zacks Investment Research (americanbankingnews.com)
- $57.95 Million in Sales Expected for Cyberark Software Ltd (CYBR) This Quarter (americanbankingnews.com)
- $0.12 Earnings Per Share Expected for Cyberark Software Ltd (CYBR) This Quarter (americanbankingnews.com)
- CyberArk (CYBR) Down 9.4% Since Earnings Report: Can It Rebound? (finance.yahoo.com)
CYBR has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Cyberark Software from a “hold” rating to a “sell” rating in a report on Tuesday, January 17th. Morgan Stanley initiated coverage on shares of Cyberark Software in a report on Thursday, March 30th. They set an “equal weight” rating and a $55.00 price objective on the stock. Vetr upgraded shares of Cyberark Software from a “hold” rating to a “buy” rating and set a $54.18 price objective on the stock in a report on Monday, February 20th. Imperial Capital raised their price objective on shares of Cyberark Software from $55.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, February 10th. Finally, Stifel Nicolaus initiated coverage on shares of Cyberark Software in a report on Monday, February 13th. They set a “buy” rating and a $62.00 price objective on the stock. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Cyberark Software presently has an average rating of “Buy” and a consensus target price of $58.25.
Shares of Cyberark Software (NASDAQ:CYBR) traded down 0.19% on Thursday, hitting $52.95. 157,001 shares of the stock were exchanged. The stock’s 50-day moving average is $50.60 and its 200-day moving average is $50.01. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 67.88 and a beta of 2.86. Cyberark Software has a 1-year low of $37.89 and a 1-year high of $59.28.
Cyberark Software (NASDAQ:CYBR) last released its earnings results on Thursday, February 9th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.08. Cyberark Software had a net margin of 12.98% and a return on equity of 11.86%. The company had revenue of $64.40 million for the quarter, compared to the consensus estimate of $63.01 million. During the same quarter in the previous year, the company earned $0.39 EPS. Cyberark Software’s quarterly revenue was up 25.0% compared to the same quarter last year. Analysts forecast that Cyberark Software will post $1.24 earnings per share for the current year.
Cyberark Software Company Profile
CyberArk Software Ltd. is a 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 Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, Endpoint Privilege Manager and On-Demand Privileges Manager.
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