CyberArk Software (NASDAQ:CYBR) Stock Rating Lowered by StockNews.com

ByJosephine J. Romero

May 20, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,


CyberArk Program (NASDAQ:CYBRGet Ranking) was downgraded by StockNews.com from a “hold” rating to a “sell” score in a study report issued on Tuesday.

Other exploration analysts have also lately issued experiences about the inventory. JMP Securities initiated coverage on shares of CyberArk Software package in a report on Tuesday, February 22nd. They established a “buy” score and a $175.00 focus on price on the inventory. Zacks Expenditure Analysis upgraded shares of CyberArk Software package from a “hold” score to a “buy” rating and set a $165.00 selling price focus on on the stock in a report on Monday, Could 2nd. Barclays elevated their cost concentrate on on shares of CyberArk Application from $190.00 to $215.00 and gave the enterprise an “overweight” ranking in a report on Friday, February 11th. Citigroup commenced coverage on shares of CyberArk Software package in a report on Monday, January 24th. They issued a “buy” rating and a $180.00 rate focus on on the stock. Finally, Wells Fargo & Firm decreased their rate target on shares of CyberArk Program from $170.00 to $125.00 in a report on Friday. A person equities exploration analyst has rated the inventory with a sell rating, two have offered a keep score and fifteen have given a acquire rating to the business. Based mostly on facts from MarketBeat.com, the inventory presently has a consensus rating of “Buy” and an average value focus on of $180.72.

Shares of CyberArk Software stock opened at $130.15 on Tuesday. The firm has a debt-to-equity ratio of .72, a latest ratio of 3.12 and a rapid ratio of 3.12. CyberArk Program has a 1 12 months lower of $100.35 and a 1 year significant of $201.68. The firm’s 50-working day moving normal is $157.15 and its two-hundred day shifting normal is $160.16. The inventory has a market place cap of $5.21 billion, a selling price-to-earnings ratio of -48.75 and a beta of 1.24.

CyberArk Computer software (NASDAQ:CYBRGet Score) very last issued its earnings outcomes on Thursday, May well 12th. The technology company claimed ($.30) earnings per share (EPS) for the quarter, topping the consensus estimate of ($.31) by $.01. CyberArk Program experienced a damaging net margin of 20.58% and a destructive return on fairness of 12.42%. The company experienced revenue of $127.60 million for the quarter, in comparison to analysts’ anticipations of $130.43 million. In the course of the exact same period in the prior yr, the business earned ($.28) EPS. The firm’s quarterly income was up 13.1% on a 12 months-about-year foundation. On average, equities analysts expect that CyberArk Software will put up -3.36 earnings per share for the present-day calendar year.

A number of hedge money have recently added to or lowered their stakes in the inventory. Praesidium Investment Administration Firm LLC boosted its stake in CyberArk Program by 475.5% in the 1st quarter. Praesidium Expenditure Management Corporation LLC now owns 566,077 shares of the engineering company’s inventory well worth $95,525,000 following paying for an extra 467,706 shares in the past quarter. G2 Expenditure Companions Management LLC acquired a new stake in shares of CyberArk Application in the 1st quarter valued at $1,846,000. Wetherby Asset Administration Inc. boosted its holdings in shares of CyberArk Software package by 23.4% in the 1st quarter. Wetherby Asset Administration Inc. now owns 1,550 shares of the technology company’s inventory valued at $262,000 immediately after obtaining an further 294 shares in the course of the last quarter. Ethic Inc. bought a new stake in shares of CyberArk Program in the 1st quarter valued at $439,000. Last but not least, Vident Expense Advisory LLC boosted its holdings in shares of CyberArk Software program by 11.5% in the 1st quarter. Vident Investment decision Advisory LLC now owns 7,667 shares of the technologies company’s inventory valued at $1,293,000 right after obtaining an added 789 shares through the last quarter. Institutional buyers possess 89.52% of the company’s stock.

About CyberArk Program (Get Ranking)

CyberArk Computer software Ltd., with each other with its subsidiaries, develops, marketplaces, and revenue software package-dependent safety remedies and expert services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions contain Privileged Access Supervisor that offers chance-primarily based credential security and session administration to shield versus attacks involving privileged access Vendor Privileged Accessibility Supervisor combines Privileged Accessibility Supervisor and Distant Accessibility to give quickly, effortless, and safe privileged obtain to third-party sellers Endpoint Privilege Supervisor, a SaaS option that secures privileges on the endpoint and Cloud Entitlements Manager, a SaaS solution, which cuts down possibility that arises from too much privileges by implementing least privilege across cloud environments.

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