CyberArk Software (CYBR) Expected to Announce Quarterly Earnings on Thursday

CyberArk Software (NASDAQ:CYBR) is expected to announce its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.71 per share and revenue of $301.46 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

CyberArk Software (NASDAQ:CYBR) last issued its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.48. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. The business had revenue of $240.10 million during the quarter, compared to analysts’ expectations of $234.10 million. During the same period last year, the company posted ($0.31) EPS. The business’s revenue was up 25.6% on a year-over-year basis. On average, analysts expect CyberArk Software to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CyberArk Software Trading Up 1.5 %

Shares of NASDAQ:CYBR opened at $389.97 on Tuesday. The company has a market cap of $16.99 billion, a price-to-earnings ratio of 1,444.39 and a beta of 1.15. CyberArk Software has a 12 month low of $223.09 and a 12 month high of $394.31. The company has a 50-day moving average price of $340.76 and a 200 day moving average price of $303.64.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CYBR. Morgan Stanley reissued an “equal weight” rating and set a $316.00 target price on shares of CyberArk Software in a research report on Tuesday, December 31st. Robert W. Baird lifted their price target on shares of CyberArk Software from $355.00 to $370.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 17th. Mizuho raised their price target on CyberArk Software from $345.00 to $365.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Oppenheimer increased their target price on CyberArk Software from $360.00 to $420.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Finally, StockNews.com lowered shares of CyberArk Software from a “buy” rating to a “hold” rating in a research note on Monday. Two research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $371.89.

About CyberArk Software

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.