FireEye (NASDAQ:FEYE) has been assigned a $20.00 price target by investment analysts at Evercore ISI in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the information security company’s stock. Evercore ISI’s price target points to a potential upside of 27.88% from the stock’s current price.

FEYE has been the subject of a number of other reports. Wedbush reiterated a “neutral” rating and set a $14.00 target price on shares of FireEye in a research report on Tuesday, November 14th. BMO Capital Markets cut their target price on FireEye from $17.00 to $16.00 and set a “market perform” rating for the company in a research report on Thursday, November 2nd. Cowen reiterated a “hold” rating and set a $16.00 target price on shares of FireEye in a research report on Friday, November 3rd. Zacks Investment Research upgraded FireEye from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Finally, Dougherty & Co upgraded FireEye from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $17.96.

FireEye (NASDAQ FEYE) traded up $1.52 during trading hours on Friday, hitting $15.64. The stock had a trading volume of 5,834,486 shares, compared to its average volume of 3,172,134. The company has a market cap of $2,880.00, a P/E ratio of -9.40 and a beta of 0.57. The company has a current ratio of 1.99, a quick ratio of 1.98 and a debt-to-equity ratio of 1.00. FireEye has a 1 year low of $10.35 and a 1 year high of $18.00.

FireEye (NASDAQ:FEYE) last released its earnings results on Thursday, February 8th. The information security company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The firm had revenue of $202.30 million during the quarter, compared to the consensus estimate of $193.74 million. FireEye had a negative return on equity of 23.71% and a negative net margin of 39.29%. The company’s revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.03) EPS. analysts expect that FireEye will post -1.07 EPS for the current fiscal year.

In other FireEye news, Director Ronald E. F. Codd sold 6,767 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $13.57, for a total value of $91,828.19. Following the completion of the transaction, the director now owns 7,099 shares of the company’s stock, valued at approximately $96,333.43. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.40% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of FEYE. The Manufacturers Life Insurance Company increased its holdings in FireEye by 30.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company’s stock worth $101,000 after purchasing an additional 1,528 shares in the last quarter. Resources Investment Advisors Inc. increased its holdings in FireEye by 96.9% in the 4th quarter. Resources Investment Advisors Inc. now owns 7,330 shares of the information security company’s stock worth $104,000 after purchasing an additional 3,607 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new position in FireEye in the 3rd quarter worth about $129,000. State of Alaska Department of Revenue acquired a new position in FireEye in the 4th quarter worth about $146,000. Finally, Exane Derivatives acquired a new position in FireEye in the 3rd quarter worth about $168,000. 68.18% of the stock is owned by institutional investors and hedge funds.

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FireEye Company Profile

FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).

Analyst Recommendations for FireEye (NASDAQ:FEYE)

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