News stories about Cyberark Software (NASDAQ:CYBR) have trended somewhat positive on Friday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cyberark Software earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 47.6289405483475 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- CyberArk (CYBR) Up 8% Since Last Earnings Report: Can It Continue? (finance.yahoo.com)
- CyberArk Software Ltd. (nasdaqplace.com)
- IBD 50 Stocks To Watch: How Will Palo Alto Stock React To New Chief's First Earnings Call? (finance.yahoo.com)
- CyberArk to Present at Upcoming Investor Conference (finance.yahoo.com)
- Head-To-Head Contrast: Cyberark Software (CYBR) & Bottomline Technologies (EPAY) (americanbankingnews.com)
Several research firms have recently weighed in on CYBR. UBS Group lifted their price objective on Cyberark Software from $71.00 to $74.00 and gave the company a “buy” rating in a report on Wednesday, August 8th. BidaskClub cut Cyberark Software from a “strong-buy” rating to a “buy” rating in a report on Monday, May 14th. Zacks Investment Research cut Cyberark Software from a “buy” rating to a “hold” rating in a report on Monday, August 13th. Morgan Stanley lifted their price objective on Cyberark Software from $65.00 to $71.00 and gave the company an “equal weight” rating in a report on Wednesday, August 8th. Finally, Oppenheimer lifted their price objective on Cyberark Software from $65.00 to $75.00 and gave the company an “outperform” rating in a report on Wednesday, August 8th. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $70.00.
Shares of Cyberark Software stock opened at $75.40 on Friday. Cyberark Software has a 52-week low of $40.62 and a 52-week high of $76.62. The company has a market capitalization of $2.65 billion, a P/E ratio of 103.29, a PEG ratio of 5.12 and a beta of 2.07.
Cyberark Software (NASDAQ:CYBR) last announced its earnings results on Tuesday, August 7th. The technology company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.12. Cyberark Software had a return on equity of 7.67% and a net margin of 6.80%. The business had revenue of $77.71 million for the quarter, compared to analyst estimates of $72.93 million. equities analysts expect that Cyberark Software will post 0.76 earnings per share for the current year.
Cyberark Software 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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