Cyberark Software (CYBR) Scheduled to Post Earnings on Tuesday

Cyberark Software (NASDAQ:CYBR) is scheduled to be releasing its earnings data before the market opens on Tuesday, May 14th. Analysts expect Cyberark Software to post earnings of $0.23 per share for the quarter.

Cyberark Software (NASDAQ:CYBR) last posted its quarterly earnings data on Thursday, February 14th. The technology company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.30. Cyberark Software had a net margin of 13.72% and a return on equity of 12.24%. The business had revenue of $109.10 million during the quarter, compared to the consensus estimate of $95.94 million. During the same quarter last year, the company posted $0.41 earnings per share. The firm’s quarterly revenue was up 35.7% compared to the same quarter last year. 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 $125.74 on Friday. Cyberark Software has a 52-week low of $57.70 and a 52-week high of $129.93. The stock has a market cap of $4.63 billion, a P/E ratio of 87.93, a P/E/G ratio of 5.57 and a beta of 1.87.



A number of research firms recently issued reports on CYBR. Bank of America raised their price objective on shares of Cyberark Software from $116.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, May 6th. UBS Group downgraded shares of Cyberark Software from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $119.00 to $132.00 in a report on Thursday, April 25th. Zacks Investment Research downgraded shares of Cyberark Software from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. Barclays raised their price objective on shares of Cyberark Software from $112.00 to $122.00 and gave the stock an “equal weight” rating in a report on Friday, April 12th. Finally, Wedbush raised their price objective on shares of Cyberark Software to $140.00 and gave the stock an “outperform” rating in a report on Friday, March 22nd. Five research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $102.42.

A hedge fund recently raised its stake in Cyberark Software stock. Geode Capital Management LLC grew its holdings in shares of Cyberark Software Ltd (NASDAQ:CYBR) by 29.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,974 shares of the technology company’s stock after purchasing an additional 10,592 shares during the quarter. Geode Capital Management LLC owned about 0.13% of Cyberark Software worth $3,482,000 at the end of the most recent reporting period. 81.14% of the stock is currently owned by institutional investors.

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About Cyberark Software

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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Earnings History for Cyberark Software (NASDAQ:CYBR)

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