Imperva Receives Consensus Rating of “Hold” from Analysts (NASDAQ:IMPV)
Imperva (NASDAQ:IMPV) has received an average recommendation of “Hold” from the thirteen ratings firms that are covering the company, American Banking News reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $58.73.
Several analysts have recently commented on the stock. Analysts at Barclays raised their price target on shares of Imperva from $62.00 to $75.00 in a research note on Friday. They now have an “overweight” rating on the stock. Separately, analysts at Zacks downgraded shares of Imperva from a “neutral” rating to an “underperform” rating in a research note on Tuesday, February 11th. They now have a $56.30 price target on the stock. Finally, analysts at Imperial Capital raised their price target on shares of Imperva from $53.00 to $65.00 in a research note on Monday, February 10th. They now have an “outperform” rating on the stock.
Shares of Imperva (NASDAQ:IMPV) traded down 0.87% on Tuesday, hitting $61.31. 15,217 shares of the company’s stock traded hands. Imperva has a 52 week low of $35.43 and a 52 week high of $63.06. The stock has a 50-day moving average of $55.58 and a 200-day moving average of $46.86. The company’s market cap is $1.516 billion.
Imperva (NASDAQ:IMPV) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The company had revenue of $42.70 million for the quarter, compared to the consensus estimate of $41.63 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. The company’s revenue for the quarter was up 34.3% on a year-over-year basis. Analysts expect that Imperva will post $-0.81 EPS for the current fiscal year.
Imperva, Inc (NASDAQ:IMPV) is engaged in providing data security solutions focused on providing visibility and control over business data across systems within the data center.
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