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 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.08. The business had revenue of $64.40 million for the quarter, compared to analyst estimates of $63.01 million. CyberArk Software had a return on equity of 9.13% and a net margin of 11.93%. CyberArk Software's quarterly revenue was up 25.0% on a year-over-year basis. During the same quarter in the previous 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 issued an update on its FY17 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $1.02-1.06 for the period, compared to the Thomson Reuters consensus 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.

20 analysts have issued 1-year target prices 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 year. View Analyst Ratings for CyberArk Software.

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

• 1. 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)
• 2. 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)
• 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), Keywords Studios PLC (KWS), GB Group plc (GBG), Rosetta Stone (RST), YuMe (YUME), StatPro Group PLC (SOG), Perion Network Ltd (PERI), SeaChange International (SEAC), Great Elm Capital Group (GEC), Finjan Holdings (FNJN), CYREN (CYRN), Opiant Pharmaceuticals (OPNT), Mysquare Ltd (MYSQ), AVG Technologies NV (AVG), Interactive Intelligence Group (ININ), Marketo (MKTO) and Opower (OPWR).

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 a variety of of retail and institutional investors. Top institutional shareholders include EMINENCE CAPITAL, LP (5.40%), BT Investment Management Ltd (6.25%), Matrix Capital Management Company LP (5.05%), J O HAMBRO CAPITAL MANAGEMENT LTD (4.28%), Marshall Wace North America L.P. (4.85%) and Wasatch Advisors Inc. (4.60%). View Institutional Ownership Trends for CyberArk Software.

CyberArk Software's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Alliancebernstein L.P., TIAA CREF Investment Management LLC, Ameriprise Financial Inc., PDT Partners LLC, Capital Fund Management S.A., Oppenheimer & Co. Inc. and Essex Investment Management Co. LLC. View Insider Buying and Selling for CyberArk Software.

CyberArk Software's stock was bought by a variety of institutional investors in the last quarter, including BT Investment Management Ltd, Matrix Capital Management Company LP, ETF Managers Group LLC, Epoch Investment Partners Inc., Menora Mivtachim Holdings LTD., American Capital Management Inc., Marshall Wace North America L.P. and Wasatch Advisors Inc.. 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 $39.72.