Imperva (IMPV) Releases Quarterly Earnings Results
Imperva (NASDAQ:IMPV) announced its earnings results on Thursday. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01, StockRatingsNetwork reports. The company had revenue of $42.70 million for the quarter, compared to the consensus estimate of $41.63 million. During the same quarter last year, the company posted $0.06 earnings per share. Imperva’s revenue was up 34.3% compared to the same quarter last year.
Several analysts have recently commented on the stock. Analysts at RBC Capital raised their price target on shares of Imperva from $54.00 to $60.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. On a related note, analysts at Sterne Agee initiated coverage on shares of Imperva in a research note to investors on Tuesday. They set a “neutral” rating on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Imperva from $55.00 to $59.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $54.75.
Shares of Imperva (NASDAQ:IMPV) traded up 1.51% during mid-day trading on Thursday, hitting $55.30. 318,560 shares of the company’s stock traded hands. Imperva has a 52-week low of $33.67 and a 52-week high of $57.60. The stock’s 50-day moving average is $51.67 and its 200-day moving average is $46.15. The company’s market cap is $1.380 billion.
Imperva, Inc is a United States-based Company that develops data security solutions for business data in the data center.
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