Sourcefire Inc. Reaches New 12-Month High at $75.99 (FIRE)
Sourcefire (NASDAQ:FIRE)’s share price reached a new 52-week high during trading hours on Friday, Stock Ratings Network reports. The company traded as high as $75.99 and last traded at $75.95, with a volume of 193,866 shares traded. The stock had previously closed at $75.89.
Several analysts have recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Sourcefire (NASDAQ:FIRE) in a research note to investors on Tuesday, July 30th. They now have a $76.00 price target on the stock, up previously from $54.00. Separately, analysts at Stifel Nicolaus downgraded shares of Sourcefire (NASDAQ:FIRE) from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, July 30th. They now have a $64.00 price target on the stock. Finally, analysts at B. Riley downgraded shares of Sourcefire (NASDAQ:FIRE) from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, July 24th. Fifteen research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Sourcefire presently has a consensus rating of “Hold” and an average price target of $63.66.
Sourcefire has a 52-week low of $39.50 and a 52-week high of $75.97. The stock has a 50-day moving average of $75.69 and a 200-day moving average of $62.05. The company has a market cap of $2.391 billion and a price-to-earnings ratio of 401.53.
Sourcefire (NASDAQ:FIRE) last issued its quarterly earnings data on Monday, July 29th. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.15 by $0.05. The company had revenue of $65.05 million for the quarter, compared to the consensus estimate of $62.02 million. During the same quarter last year, the company posted $0.16 earnings per share. Sourcefire’s revenue was up 28.6% compared to the same quarter last year. Analysts expect that Sourcefire will post $0.98 EPS for the current fiscal year.
Sourcefire, Inc (NASDAQ:FIRE) is engaged in the business of delivering intelligent cybersecurity technologies.
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