Wall Street brokerages predict that CyberArk Software Ltd. (NASDAQ:CYBR) will report earnings of $0.18 per share for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for CyberArk Software’s earnings, with estimates ranging from $0.18 to $0.19. CyberArk Software posted earnings of $0.33 per share in the same quarter last year, which suggests a negative year over year growth rate of 45.5%. The firm is expected to report its next quarterly earnings report on Thursday, November 2nd.

According to Zacks, analysts expect that CyberArk Software will report full year earnings of $1.04 per share for the current financial year, with EPS estimates ranging from $1.00 to $1.06. For the next fiscal year, analysts expect that the business will report earnings of $1.28 per share, with EPS estimates ranging from $1.12 to $1.36. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for CyberArk Software.

CYBR has been the subject of a number of analyst reports. BidaskClub cut shares of CyberArk Software from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 11th. Evercore ISI reissued a “buy” rating and set a $56.00 target price (down previously from $60.00) on shares of CyberArk Software in a research report on Friday, July 14th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $56.00 target price (down previously from $64.00) on shares of CyberArk Software in a research report on Friday, July 14th. Stifel Nicolaus reissued a “buy” rating and set a $55.00 target price (down previously from $62.00) on shares of CyberArk Software in a research report on Friday, July 14th. Finally, Needham & Company LLC reissued a “buy” rating and set a $55.00 target price (down previously from $62.00) on shares of CyberArk Software in a research report on Friday, July 14th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $50.60.

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Shares of CyberArk Software (NASDAQ:CYBR) traded up 1.59% during midday trading on Friday, hitting $41.52. 704,961 shares of the company traded hands. CyberArk Software has a 52 week low of $39.34 and a 52 week high of $56.25. The company has a 50-day moving average price of $40.86 and a 200-day moving average price of $47.70. The stock has a market capitalization of $1.23 billion, a P/E ratio of 53.30 and a beta of 2.58.

Large investors have recently added to or reduced their stakes in the company. Congress Asset Management Co. MA increased its stake in shares of CyberArk Software by 29.6% in the first quarter. Congress Asset Management Co. MA now owns 173,931 shares of the technology company’s stock worth $8,848,000 after acquiring an additional 39,727 shares during the period. Credit Suisse AG increased its stake in shares of CyberArk Software by 17.9% in the first quarter. Credit Suisse AG now owns 210,016 shares of the technology company’s stock worth $10,684,000 after acquiring an additional 31,889 shares during the period. Oppenheimer & Co. Inc. increased its stake in shares of CyberArk Software by 61.7% in the first quarter. Oppenheimer & Co. Inc. now owns 82,640 shares of the technology company’s stock worth $4,204,000 after acquiring an additional 31,532 shares during the period. Nationwide Fund Advisors increased its stake in shares of CyberArk Software by 30.2% in the first quarter. Nationwide Fund Advisors now owns 24,570 shares of the technology company’s stock worth $1,250,000 after acquiring an additional 5,700 shares during the period. Finally, Nicholas Company Inc. increased its stake in shares of CyberArk Software by 23.4% in the first quarter. Nicholas Company Inc. now owns 92,450 shares of the technology company’s stock worth $4,702,000 after acquiring an additional 17,510 shares during the period. Hedge funds and other institutional investors own 81.74% of the company’s stock.

CyberArk Software Company Profile

CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.

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Earnings History and Estimates for CyberArk Software (NASDAQ:CYBR)

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