Equities analysts expect Cyberark Software Ltd (NASDAQ:CYBR) to post earnings of $0.26 per share for the current fiscal quarter, Zacks reports. Eight analysts have provided estimates for Cyberark Software’s earnings, with the lowest EPS estimate coming in at $0.23 and the highest estimate coming in at $0.29. Cyberark Software reported earnings of $0.59 per share during the same quarter last year, which suggests a negative year over year growth rate of 55.9%. The business is scheduled to report its next earnings results on Wednesday, August 5th.

On average, analysts expect that Cyberark Software will report full year earnings of $1.79 per share for the current financial year, with EPS estimates ranging from $1.53 to $2.01. For the next fiscal year, analysts forecast that the company will report earnings of $2.32 per share, with EPS estimates ranging from $1.94 to $2.62. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Cyberark Software.

Cyberark Software (NASDAQ:CYBR) last issued its quarterly earnings results on Wednesday, May 13th. The technology company reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.38. The company had revenue of $106.83 million during the quarter, compared to the consensus estimate of $106.69 million. Cyberark Software had a return on equity of 9.76% and a net margin of 11.64%.

A number of brokerages recently commented on CYBR. Guggenheim decreased their price target on Cyberark Software from $134.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. BidaskClub downgraded Cyberark Software from a “strong-buy” rating to a “buy” rating in a research report on Friday. Robert W. Baird initiated coverage on Cyberark Software in a research report on Wednesday, March 18th. They set a “neutral” rating and a $85.00 price target for the company. UBS Group decreased their target price on Cyberark Software from $104.00 to $94.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Finally, ValuEngine raised Cyberark Software from a “hold” rating to a “buy” rating in a research report on Tuesday, March 3rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company. Cyberark Software currently has an average rating of “Buy” and a consensus target price of $118.95.

Institutional investors have recently bought and sold shares of the company. Penserra Capital Management LLC bought a new position in shares of Cyberark Software in the fourth quarter worth $54,000. Parallel Advisors LLC boosted its holdings in shares of Cyberark Software by 1,413.8% in the first quarter. Parallel Advisors LLC now owns 439 shares of the technology company’s stock worth $37,000 after acquiring an additional 410 shares during the period. Sunbelt Securities Inc. bought a new position in shares of Cyberark Software in the fourth quarter worth $14,572,000. Vestcor Investment Management Corp bought a new position in shares of Cyberark Software in the fourth quarter worth $64,000. Finally, Harbor Investment Advisory LLC boosted its holdings in shares of Cyberark Software by 542.0% in the first quarter. Harbor Investment Advisory LLC now owns 642 shares of the technology company’s stock worth $55,000 after acquiring an additional 542 shares during the period. 83.46% of the stock is owned by hedge funds and other institutional investors.

Shares of CYBR opened at $94.66 on Friday. The company has a current ratio of 6.25, a quick ratio of 6.25 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 71.71, a PEG ratio of 16.30 and a beta of 1.25. The stock has a 50 day moving average of $101.41 and a 200 day moving average of $108.29. Cyberark Software has a 12 month low of $69.50 and a 12 month high of $148.74.

Cyberark Software Company Profile

CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations.

Featured Article: Buyback

Get a free copy of the Zacks research report on Cyberark Software (CYBR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Cyberark Software (NASDAQ:CYBR)

Receive News & Ratings for Cyberark Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cyberark Software and related companies with MarketBeat.com's FREE daily email newsletter.