CyberArk Software Company Profile (NASDAQ:CYBR)

CyberArk Software trades on the NASDAQ under the ticker symbol "CYBR."

CyberArk Software Ltd. (NASDAQ:CYBR) released its quarterly earnings results on Thursday, February, 9th. The company reported $0.41 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.08. The firm had revenue of $64.40 million for the quarter, compared to analysts' expectations of $63.01 million. CyberArk Software had a net margin of 11.93% and a return on equity of 9.13%. The business's revenue was up 25.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 EPS. View CyberArk Software's Earnings History.

CyberArk Software is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for CyberArk Software.

CyberArk Software updated its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $1.02-1.06 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.08. The company issued revenue guidance of $253-256 million, compared to the consensus revenue estimate of $255.33 million.CyberArk Software also updated its Q3 guidance to $0.17-0.19 EPS.

18 brokers have issued 12-month target prices for CyberArk Software's shares. Their predictions range from $42.00 to $60.00. On average, they expect CyberArk Software's share price to reach $49.71 in the next year. View Analyst Ratings for CyberArk Software.

Here are some recent quotes from research analysts about CyberArk Software stock:

• 1. According to Zacks Investment Research, "CyberArk is an Israeli company that specializes in protecting accounts from cyber-attacks. Given a healthy security market, we are optimistic about the company’s product lineup, deal wins and investment plans, which will boost results in the long run. Furthermore, CyberArk’s expansion strategy through acquisitions is encouraging. Investments in product suite and go-to market are the other positives for the company. According to research firm, Markets and Markets, the cyber security market is expected to touch $170.21 billion by 2020 from $106.32 billion in 2015, expanding at an annual rate of 9.8%. We believe that CyberArk Software is in a favorable position to tap the opportunities. However, the stock has underperformed the industry over the last one year. Decelerating revenue growth trend makes us slightly cautious about its near-term performance. Stiff competition from peers and an uncertain macroeconomic environment add to woes." (10/10/2017)
• 2. Evercore ISI analysts commented, "We are less concerned with the perception of increased competition as we believe that resellers are properly incentivized to aid in selling CyberArk solutions. This should be further bolstered by leveraging GDPR as a catalyst for customer discussions. We continue to believe that CYBR has considerable room to grow in a market growing at a ~27% CAGR, further de-risked by the expansion opportunity of existing customers and the positive catalyst derived from the forthcoming implementation of GDPR (see our note). The stock was flattish in the after-market which is not surprising, but with what we believe to be de-risked numbers into 2H (including a weaker outlook for 3Q topline as expected) and a valuation that is the second lowest since the February 2016 market sell-off (~14x EV/F18 FCF) we continue to view this as a buying opportunity." (8/9/2017)
• 3. Imperial Capital analysts commented, "greenfield" expansion opportunities and add-on sales to already existing customers. But the analyst needs the company to show stronger acceleration in license revenue along with improved visibility from the announced acquisition of Conjur. In fact, Kim noted the acquisition will generate incremental dilution from the addition of 20 new people from Conjur. Core Business Showing Concerning SignsKim also added that CyberArk's core business demonstrated slower growth inside of the financial services vertical along with less favorable linearity and weaker performance in the EMEA region.Looking forward, the analyst is paying attention for signs of upside to current estimates, which could come from a revised focus in the EMEA region, higher pipeline conversion, penetration from the sale of multiple products and early adoption of DevOps security.Finally, Kim's revised price target is "consistent with recent levels" (5/12/2017)

CyberArk Software saw a increase in short interest in September. As of September 29th, there was short interest totalling 1,598,112 shares, an increase of 62.3% from the September 15th total of 984,887 shares. Based on an average daily volume of 517,574 shares, the days-to-cover ratio is currently 3.1 days. Approximately 4.8% of the company's stock are short sold.

Some companies that are related to CyberArk Software include Mulesoft (MULE), Twilio (TWLO), New Relic (NEWR), Box (BOX), Five9 (FIVN), Keywords Studios PLC (KWS), Radware (RDWR), GB Group plc (GBG), Digimarc Corporation (DMRC), Rosetta Stone (RST), YuMe (YUME), StatPro Group PLC (SOG), SeaChange International (SEAC), Perion Network Ltd (PERI), Great Elm Capital Group (GEC), CYREN (CYRN), Finjan Holdings (FNJN) and Mysquare Ltd (MYSQ).

CyberArk Software's management team includes the folowing people:

• Gadi Tirosh, Chairman of the Board
• Ehud Mokady, President, Chief Executive Officer, Director
• Joshua Siegel, Chief Financial Officer
• Marianne Budnik, Chief Marketing Officer
• Nick Baglin, Vice President - Sales, EMEA
• Vincent Goh, Vice President - Sales, Asia Pacific and Japan
• Adam McCord, Vice President of Sales-Latin America
• Roy Adar, Vice President - Product Management
• Chen Bitan, General Manager - EMEA and APAC
• Ronen Zoran, Chief Revenue Officer

CyberArk Software's stock is owned by many different of institutional and retail investors. Top institutional investors include EMINENCE CAPITAL, LP (5.40%) and J O HAMBRO CAPITAL MANAGEMENT LTD (4.28%). View Institutional Ownership Trends for CyberArk Software.

Shares of CyberArk Software can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CyberArk Software stock can currently be purchased for approximately $42.98.