CyberArk Software (CYBR) Scheduled to Post Quarterly Earnings on Thursday

CyberArk Software (NASDAQ:CYBR) is set to issue its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.27 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings results on Thursday, February 8th. The technology company reported $0.19 earnings per share for the quarter, topping the consensus estimate of ($0.34) by $0.53. The company had revenue of $223.10 million during the quarter, compared to the consensus estimate of $209.65 million. CyberArk Software had a negative return on equity of 8.23% and a negative net margin of 8.84%. On average, analysts expect CyberArk Software to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CyberArk Software Stock Performance

CyberArk Software stock opened at $239.25 on Wednesday. The stock has a fifty day moving average of $255.48 and a two-hundred day moving average of $225.31. The company has a market capitalization of $10.11 billion, a price-to-earnings ratio of -147.68 and a beta of 1.05. CyberArk Software has a fifty-two week low of $120.11 and a fifty-two week high of $283.00.

Analysts Set New Price Targets

CYBR has been the subject of several recent research reports. Cantor Fitzgerald reissued an “overweight” rating and set a $300.00 price target on shares of CyberArk Software in a research report on Wednesday, April 17th. Truist Financial lifted their price objective on CyberArk Software from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 9th. KeyCorp lifted their price objective on CyberArk Software from $274.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, February 9th. Rosenblatt Securities lifted their price objective on CyberArk Software from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Finally, Citigroup lifted their price objective on CyberArk Software from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, January 10th. Two research analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. According to data from MarketBeat, CyberArk Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.54.

CyberArk Software Company Profile

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.