Cyberark Software (NASDAQ:CYBR) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.78-0.82 for the period, compared to the Thomson Reuters consensus estimate of $0.67. The company issued revenue guidance of $125-127 million, compared to the consensus revenue estimate of $122.69 million.
Shares of Cyberark Software stock traded up $3.41 during trading on Friday, hitting $112.81. The stock had a trading volume of 25,524 shares, compared to its average volume of 667,055. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 78.89, a P/E/G ratio of 5.14 and a beta of 1.61. Cyberark Software has a 12 month low of $64.66 and a 12 month high of $148.74. The business’s 50-day moving average is $102.88 and its 200 day moving average is $120.09.
Cyberark Software (NASDAQ:CYBR) last released its quarterly earnings results on Wednesday, November 6th. The technology company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.18. The firm had revenue of $108.12 million for the quarter, compared to analysts’ expectations of $103.04 million. Cyberark Software had a net margin of 15.23% and a return on equity of 13.47%. The business’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.48 earnings per share. On average, sell-side analysts expect that Cyberark Software will post 1.29 earnings per share for the current fiscal year.
About Cyberark Software
CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations.
Further Reading: Diversification Important in Investing
Receive News & Ratings for Cyberark Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cyberark Software and related companies with MarketBeat.com's FREE daily email newsletter.