CyberArk Software Company Profile (NASDAQ:CYBR)

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

CyberArk Software Ltd. (NASDAQ:CYBR) announced its quarterly earnings results on Thursday, February, 9th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.08. The business had revenue of $64.40 million for the quarter, compared to the consensus estimate of $63.01 million. CyberArk Software had a return on equity of 10.77% and a net margin of 13.70%. The business's revenue was up 25.0% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. View CyberArk Software's Earnings History.

CyberArk Software updated its FY17 earnings guidance on Thursday, May, 11th. The company provided earnings per share (EPS) guidance of $1.18-1.22 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.24. The company issued revenue guidance of $268.5-271.5 million, compared to the consensus revenue estimate of $268.74 million.CyberArk Software also updated its Q2 guidance to $0.23-0.25 EPS.

21 analysts have issued 1-year price objectives for CyberArk Software's stock. Their predictions range from $42.00 to $62.00. On average, they expect CyberArk Software's stock price to reach $50.61 in the next twelve months. 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. Shares of the company has underperformed the broader market over the last one year. Recently, JPMorgan downgraded the security software firm from “overweight” to “neutral” as a result of the company’s shortfall in its second quarter financial results.CyberArk now forecasts Q2 revenues of $57 to $57.5 million, down from its previous guidance of $61 to $62 million. The company blames the inability to close deals in Europe, the Middle East and Africa for the loss of revenue. Going forward, intensifying competition from peers such as CA and Microsoft, and an uncertain macroeconomic environment remains a concern. Nonetheless, we are optimistic about CyberArk, given a healthy security market, strong product line-up, deal wins and investment plans, which are likely to boost results in the long run." (7/18/2017)
• 2. Evercore ISI analysts commented, "We believe that the elongation of the sales cycle in the quarter may have been in part due to the WannaCry ransomware outbreak in May (which primarily impacted Europe) as we believe this may have temporarily diverted funds towards endpoint and email products. 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 potential positive catalyst derived from the forthcoming implementation of GDPR (see our note). The stock is currently trading at ~$42 in the aftermarket, representing an ~18% decline off the close. We have trimmed our numbers as a point of conservatism and even with the cut, the stock trades at ~14.4x EV/FCF which is the second lowest level outside of the February 2016 market sell off. We remain Outperform rated and are lowering our PT to $56 from $60 prior based on our revised numbers." (7/14/2017)
• 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)
• 4. UBS AG analysts commented, "CYBR's 4Q revs came 2% above consensus views, where the modest license upside and disciplined cost management delivered an outsized 8c EPS beat in spite a slightly higher tax rate. On an absolute basis CYBR's 25% topline growth and 30% OPM are impressive, showcase the inherent leverage and efficiency in the model, and where we believe fundamentals appear sound (vast majority of deals still greenfield). But given the YTD run-up in the stock (+22%) and current valuation (6x EV/S), we think the optics of decelerating license growth, directionally waning beat magnitude on both license and total revs (FX to partially blame), as well as mixed CY17 outlook (revs ahead, EPS below) are likely to weigh on the stock near-term." (2/10/2017)

Some companies that are related to CyberArk Software include Five9 (FIVN), Radware (RDWR), GB Group plc (GBG), Keywords Studios PLC (KWS), Rosetta Stone (RST), YuMe (YUME), Perion Network Ltd (PERI), SeaChange International (SEAC), StatPro Group PLC (SOG), Great Elm Capital Group (GEC), Finjan Holdings (FNJN), CYREN (CYRN), Mysquare Ltd (MYSQ), AVG Technologies NV (AVG), Interactive Intelligence Group (ININ), Marketo (MKTO), Opower (OPWR) and Perion Network Ltd (MAIL).

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
• Ronen Zoran, Vice President - Sales, America
• Roy Adar, Vice President - Product Management
• Chen Bitan, General Manager - EMEA and APAC

CyberArk Software's stock is owned by many different of retail and institutional investors. Top institutional investors include EMINENCE CAPITAL, LP (5.40%), Peregrine Capital Management LLC (1.66%), Taylor Wealth Management Partners (0.28%), GW&K Investment Management LLC (0.17%), Creative Planning (0.09%) and Bank of Montreal Can (0.05%). View Institutional Ownership Trends for CyberArk Software.

CyberArk Software's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Russell Investments Group Ltd., Peregrine Capital Management LLC, GW&K Investment Management LLC and US Bancorp DE. View Insider Buying and Selling for CyberArk Software.

CyberArk Software's stock was acquired by a variety of institutional investors in the last quarter, including Hellman Jordan Management Co. Inc. MA, Taylor Wealth Management Partners and Creative Planning. View Insider Buying and Selling 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 $43.21.