Imperva Inc (IMPV) to Release Earnings on Wednesday
Imperva Inc (NYSE:IMPV) will release its earnings data after the market closes on Wednesday, November 1st. Analysts expect Imperva to post earnings of $0.22 per share for the quarter. Imperva has set its Q3 guidance at $0.22-0.26 EPS and its FY17 guidance at $0.78-0.82 EPS.
Imperva (NYSE:IMPV) last announced its earnings results on Thursday, July 27th. The software maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.15). The business had revenue of $74.44 million for the quarter, compared to analysts’ expectations of $74.30 million. Imperva had a negative net margin of 4.69% and a negative return on equity of 5.00%. The firm’s quarterly revenue was up 28.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.23) earnings per share. On average, analysts expect Imperva to post $0.85 EPS for the current fiscal year and $0.96 EPS for the next fiscal year.
Shares of Imperva Inc (IMPV) opened at 43.50 on Wednesday. The stock’s market capitalization is $1.47 billion. The stock’s 50 day moving average is $43.75 and its 200 day moving average is $45.97. Imperva Inc has a 12 month low of $34.40 and a 12 month high of $52.40.
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IMPV has been the topic of several research reports. BidaskClub downgraded shares of Imperva from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 5th. ValuEngine downgraded shares of Imperva from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Stephens reissued an “overweight” rating and issued a $61.00 price target (up from $53.00) on shares of Imperva in a research note on Thursday, July 13th. Stifel Nicolaus reissued a “hold” rating and issued a $47.00 price target on shares of Imperva in a research note on Friday, July 14th. Finally, Evercore ISI set a $56.00 price target on shares of Imperva and gave the stock a “buy” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $51.23.
In other Imperva news, Director Anthony J. Bettencourt sold 99,598 shares of Imperva stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $43.59, for a total transaction of $4,341,476.82. Following the transaction, the director now directly owns 99,598 shares of the company’s stock, valued at $4,341,476.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is owned by insiders.
Imperva Company Profile
Imperva, Inc provides cyber-security solutions that protect business-critical data and applications whether in the cloud or on premises. The Company is engaged in the development, marketing, sales, service and support of cyber-security solutions. The Company’s products include its Imperva SecureSphere Paltform, Imperva CounterBreach and Imperva Camouflage for enterprise data centers, and Imperva Incapsula offering for cloud-based security services.
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