Analysts expect Cyberark Software Ltd (NASDAQ:CYBR) to post earnings of $0.80 per share for the current quarter, Zacks reports. Eight analysts have issued estimates for Cyberark Software’s earnings, with the highest EPS estimate coming in at $0.81 and the lowest estimate coming in at $0.79. Cyberark Software posted earnings of $0.89 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 10.1%. The company is expected to announce its next earnings report on Thursday, February 13th.
On average, analysts expect that Cyberark Software will report full year earnings of $2.60 per share for the current fiscal year, with EPS estimates ranging from $2.59 to $2.61. For the next year, analysts forecast that the business will post earnings of $2.72 per share, with EPS estimates ranging from $2.56 to $3.00. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Cyberark Software.
Cyberark Software (NASDAQ:CYBR) last released its earnings results on Wednesday, November 6th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.18. The company had revenue of $108.12 million for the quarter, compared to analyst estimates of $103.04 million. Cyberark Software had a net margin of 16.09% and a return on equity of 12.94%. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.48 EPS.
Cyberark Software stock traded down $1.24 during mid-day trading on Tuesday, reaching $112.95. 602,500 shares of the company’s stock were exchanged, compared to its average volume of 875,847. The company has a market cap of $4.35 billion, a P/E ratio of 78.99, a P/E/G ratio of 4.34 and a beta of 1.61. Cyberark Software has a twelve month low of $64.66 and a twelve month high of $148.74. The company has a fifty day moving average of $104.02 and a 200-day moving average of $119.84.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Cetera Advisors LLC grew its position in shares of Cyberark Software by 1.1% in the 3rd quarter. Cetera Advisors LLC now owns 9,466 shares of the technology company’s stock valued at $946,000 after buying an additional 103 shares during the last quarter. Torray LLC grew its position in shares of Cyberark Software by 126.7% in the 3rd quarter. Torray LLC now owns 10,187 shares of the technology company’s stock valued at $1,017,000 after buying an additional 5,693 shares during the last quarter. TimesSquare Capital Management LLC purchased a new position in shares of Cyberark Software in the 3rd quarter valued at $36,624,000. Catalyst Capital Advisors LLC grew its position in shares of Cyberark Software by 28.9% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 4,900 shares of the technology company’s stock valued at $489,000 after buying an additional 1,100 shares during the last quarter. Finally, Tower Research Capital LLC TRC purchased a new position in shares of Cyberark Software in the 3rd quarter valued at $43,000. 75.52% of the stock is currently owned by hedge funds and other institutional investors.
About Cyberark Software
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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