FireEye (FEYE) Earning Somewhat Favorable Press Coverage, Analysis Shows

Media stories about FireEye (NASDAQ:FEYE) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FireEye earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned media stories about the information security company an impact score of 45.930145818268 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment’s rankings:

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FEYE has been the subject of a number of analyst reports. Zacks Investment Research cut FireEye from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Barclays boosted their price target on FireEye from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Friday, February 9th. BidaskClub raised FireEye from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. UBS raised FireEye from a “neutral” rating to a “positive” rating in a research report on Friday, February 9th. Finally, First Analysis raised FireEye from an “equal weight” rating to an “overweight” rating and set a $20.00 price objective for the company in a research report on Friday, March 2nd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. FireEye currently has a consensus rating of “Buy” and a consensus price target of $18.17.

FireEye (NASDAQ FEYE) opened at $16.92 on Monday. FireEye has a 12 month low of $11.82 and a 12 month high of $18.84. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.92 and a current ratio of 1.93. The stock has a market capitalization of $3,241.47, a PE ratio of -9.89 and a beta of 0.42.

FireEye (NASDAQ:FEYE) last issued its quarterly earnings results on Thursday, February 8th. The information security company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. FireEye had a negative return on equity of 24.93% and a negative net margin of 40.43%. The firm had revenue of $202.30 million for the quarter, compared to analyst estimates of $193.74 million. During the same period in the previous year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. equities analysts anticipate that FireEye will post -0.83 EPS for the current fiscal year.

In related news, EVP Alexa King sold 47,680 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $16.20, for a total transaction of $772,416.00. Following the transaction, the executive vice president now directly owns 514,800 shares in the company, valued at $8,339,760. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Frank Verdecanna sold 33,878 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $16.20, for a total value of $548,823.60. Following the transaction, the chief financial officer now owns 383,057 shares in the company, valued at $6,205,523.40. The disclosure for this sale can be found here. Insiders have sold 478,215 shares of company stock worth $7,889,025 over the last 90 days. Corporate insiders own 2.40% of the company’s stock.

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FireEye Company Profile

FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).

Insider Buying and Selling by Quarter for FireEye (NASDAQ:FEYE)

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