$0.26 EPS Expected for Cyberark Software Ltd (NASDAQ:CYBR) This Quarter
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%.
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.
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