News coverage about CyberArk (NASDAQ:CYBR) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CyberArk earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.9070532584117 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Accern’s scoring:
Shares of NASDAQ:CYBR traded up $0.17 during trading on Thursday, hitting $51.79. 302,932 shares of the company’s stock were exchanged, compared to its average volume of 481,245. CyberArk has a 52-week low of $39.34 and a 52-week high of $55.63. The stock has a market capitalization of $1,822.68, a P/E ratio of 70.95, a P/E/G ratio of 5.23 and a beta of 2.04.
CyberArk (NASDAQ:CYBR) last released its earnings results on Thursday, February 15th. The technology company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.05. The firm had revenue of $80.37 million during the quarter, compared to analysts’ expectations of $75.62 million. CyberArk had a return on equity of 6.88% and a net margin of 6.12%. The firm’s revenue was up 24.9% on a year-over-year basis. During the same quarter last year, the business posted $0.41 earnings per share. research analysts predict that CyberArk will post 0.54 EPS for the current year.
A number of research firms have recently commented on CYBR. BidaskClub raised CyberArk from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 30th. Bank of America raised CyberArk from a “neutral” rating to a “buy” rating and increased their target price for the stock from $39.34 to $55.63 in a research note on Friday, March 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $57.00 price target (up from $55.00) on shares of CyberArk in a report on Wednesday, March 7th. Piper Jaffray reaffirmed an “overweight” rating and set a $59.00 price target on shares of CyberArk in a report on Wednesday, March 7th. Finally, Imperial Capital reaffirmed an “outperform” rating and set a $50.00 price target (up from $44.00) on shares of CyberArk in a report on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. CyberArk currently has an average rating of “Buy” and a consensus price target of $51.89.
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CyberArk Company Profile
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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