Analysts forecast that FireEye, Inc. (NASDAQ:FEYE) will post earnings per share (EPS) of ($0.01) for the current quarter, Zacks reports. Twelve analysts have made estimates for FireEye’s earnings. The lowest EPS estimate is ($0.06) and the highest is $0.00. FireEye posted earnings per share of ($0.03) during the same quarter last year, which would indicate a positive year over year growth rate of 66.7%. The company is scheduled to announce its next quarterly earnings report on Thursday, February 1st.

On average, analysts expect that FireEye will report full-year earnings of ($0.18) per share for the current financial year, with EPS estimates ranging from ($0.22) to ($0.16). For the next financial year, analysts forecast that the business will report earnings of ($0.01) per share, with EPS estimates ranging from ($0.05) to $0.04. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow FireEye.

FireEye (NASDAQ:FEYE) last released its quarterly earnings results on Wednesday, November 1st. The information security company reported ($0.04) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.03. The company had revenue of $189.60 million for the quarter, compared to analyst estimates of $186.41 million. FireEye had a negative net margin of 39.29% and a negative return on equity of 23.71%. The firm’s revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the business earned ($0.18) earnings per share.

Several brokerages have recently issued reports on FEYE. Goldman Sachs Group reiterated a “buy” rating and issued a $19.00 target price on shares of FireEye in a research report on Wednesday, August 23rd. Stephens upgraded shares of FireEye from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $16.00 to $22.00 in a research report on Monday, September 11th. Bank of America lifted their target price on shares of FireEye from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Monday, September 25th. Zacks Investment Research upgraded shares of FireEye from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Monday, August 7th. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $18.50 target price on shares of FireEye in a research report on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $17.22.

In other news, Director Ronald E. F. Codd sold 6,767 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $13.57, for a total value of $91,828.19. Following the transaction, the director now directly owns 7,099 shares of the company’s stock, valued at $96,333.43. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Travis M. Reese sold 11,555 shares of the firm’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $17.50, for a total transaction of $202,212.50. Following the completion of the transaction, the president now directly owns 508,210 shares in the company, valued at $8,893,675. The disclosure for this sale can be found here. Over the last three months, insiders sold 131,767 shares of company stock worth $2,291,828. Insiders own 2.40% of the company’s stock.

Several large investors have recently bought and sold shares of FEYE. GSA Capital Partners LLP purchased a new position in FireEye during the third quarter worth about $513,000. Wealthcare Advisory Partners LLC purchased a new position in FireEye during the third quarter worth about $129,000. Neuberger Berman Group LLC raised its stake in FireEye by 9.5% during the third quarter. Neuberger Berman Group LLC now owns 2,726,371 shares of the information security company’s stock worth $45,721,000 after purchasing an additional 237,575 shares during the period. California Public Employees Retirement System raised its stake in FireEye by 1.5% during the third quarter. California Public Employees Retirement System now owns 352,800 shares of the information security company’s stock worth $5,916,000 after purchasing an additional 5,200 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. raised its stake in FireEye by 9.8% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 45,622 shares of the information security company’s stock worth $766,000 after purchasing an additional 4,072 shares during the period. 68.41% of the stock is currently owned by hedge funds and other institutional investors.

Shares of FireEye (NASDAQ FEYE) opened at $14.10 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.99 and a quick ratio of 1.98. FireEye has a 52-week low of $10.35 and a 52-week high of $18.00.

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About FireEye

FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).

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Earnings History and Estimates for FireEye (NASDAQ:FEYE)

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