CyberArk Software (CYBR) Scheduled to Post Earnings on Thursday

CyberArk Software (NASDAQ:CYBR - Get Free Report) will 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. Persons interested in listening to the company's earnings conference call can do so using this link.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its quarterly earnings data on Thursday, February 8th. The technology company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of ($0.34) by $0.53. The firm had revenue of $223.10 million during the quarter, compared to analyst estimates of $209.65 million. CyberArk Software had a negative net margin of 8.84% and a negative return on equity of 8.23%. 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 Up 0.2 %

Shares of CYBR traded up $0.54 during mid-day trading on Thursday, reaching $245.07. The company's stock had a trading volume of 323,215 shares, compared to its average volume of 575,739. The company has a market cap of $10.36 billion, a price-to-earnings ratio of -150.94 and a beta of 1.05. The business has a fifty day moving average of $256.77 and a 200 day moving average of $222.72. CyberArk Software has a 1 year low of $120.11 and a 1 year high of $283.00.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CYBR. Citigroup raised their price objective on CyberArk Software from $215.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, January 10th. UBS Group increased their target price on shares of CyberArk Software from $215.00 to $260.00 and gave the stock a "buy" rating in a research report on Wednesday, January 10th. Morgan Stanley cut shares of CyberArk Software from an "overweight" rating to an "equal weight" rating and boosted their price target for the company from $195.00 to $240.00 in a report on Tuesday, January 9th. Cantor Fitzgerald reissued an "overweight" rating and set a $300.00 price objective on shares of CyberArk Software in a research report on Wednesday, April 17th. Finally, Truist Financial upped their target price on CyberArk Software from $250.00 to $300.00 and gave the stock a "buy" rating in a research report on Friday, February 9th. 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, the stock presently has an average 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.