FireEye Inc. (NASDAQ:FEYE) – Stock analysts at DA Davidson raised their FY2016 EPS estimates for shares of FireEye in a research report issued on Monday. DA Davidson analyst J. Andrews now expects that the brokerage will post earnings per share of ($2.63) for the year, up from their previous estimate of ($3.01). DA Davidson has a “Buy” rating and a $22.00 price objective on the stock. DA Davidson also issued estimates for FireEye’s Q4 2016 earnings at ($0.61) EPS, Q1 2017 earnings at ($0.61) EPS, Q3 2017 earnings at ($0.40) EPS, Q4 2017 earnings at ($0.55) EPS, FY2017 earnings at ($2.08) EPS and FY2018 earnings at ($1.99) EPS.

A number of other analysts have also recently commented on the stock. Imperial Capital reiterated an “in-line” rating and issued a $15.00 target price on shares of FireEye in a research note on Friday. Zacks Investment Research upgraded shares of FireEye from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Wednesday. Raymond James Financial Inc. reiterated a “market perform” rating on shares of FireEye in a research note on Monday, November 7th. William Blair reiterated a “market perform” rating on shares of FireEye in a research note on Sunday, November 6th. Finally, Piper Jaffray Cos. reiterated an “outperform” rating and issued a $17.00 target price on shares of FireEye in a research note on Sunday, November 6th. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $20.34.

Earnings History and Estimates for FireEye (NASDAQ:FEYE)

Shares of FireEye (NASDAQ:FEYE) opened at 14.40 on Thursday. The stock has a 50 day moving average of $13.17 and a 200-day moving average of $14.92. FireEye has a 52 week low of $10.87 and a 52 week high of $23.82. The stock’s market capitalization is $2.46 billion.

FireEye (NASDAQ:FEYE) last announced its quarterly earnings data on Thursday, November 3rd. The information security company reported ($0.18) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.31) by $0.13. The firm earned $186.40 million during the quarter, compared to analysts’ expectations of $42.65 million. FireEye had a negative net margin of 77.67% and a negative return on equity of 44.91%. The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.37) earnings per share.

In other FireEye news, EVP John T. Mcgee sold 14,988 shares of the business’s stock in a transaction dated Tuesday, August 16th. The shares were sold at an average price of $14.20, for a total transaction of $212,829.60. Following the sale, the executive vice president now directly owns 155,905 shares in the company, valued at $2,213,851. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Travis M. Reese sold 2,466 shares of the business’s stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of $14.19, for a total transaction of $34,992.54. Following the sale, the president now owns 388,841 shares in the company, valued at $5,517,653.79. The disclosure for this sale can be found here. Company insiders own 9.60% of the company’s stock.

A number of hedge funds have recently modified their holdings of the company. Prudential Financial Inc. acquired a new stake in shares of FireEye during the first quarter worth about $357,000. JPMorgan Chase & Co. raised its stake in FireEye by 63.5% in the first quarter. JPMorgan Chase & Co. now owns 327,111 shares of the information security company’s stock worth $5,884,000 after buying an additional 127,031 shares during the last quarter. Geode Capital Management LLC raised its stake in FireEye by 3.7% in the first quarter. Geode Capital Management LLC now owns 904,915 shares of the information security company’s stock worth $16,278,000 after buying an additional 32,300 shares during the last quarter. A.R.T. Advisors LLC raised its stake in FireEye by 176.3% in the first quarter. A.R.T. Advisors LLC now owns 191,369 shares of the information security company’s stock worth $3,442,000 after buying an additional 122,100 shares during the last quarter. Finally, Sterling Ridge Capital Management LP purchased a new stake in FireEye during the first quarter worth $360,000. Institutional investors own 52.40% of the company’s stock.

About FireEye

FireEye, Inc provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Company’s cybersecurity solutions combine its purpose-built virtual-machine technology, threat intelligence and security in a suite of products and services. The Company’s cybersecurity platform includes a family of software-based appliances, endpoint agents, cloud-based subscription services, support and maintenance and other services.

5 Day Chart for NASDAQ:FEYE

Receive News & Stock Ratings for FireEye Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FireEye Inc. and related stocks with our FREE daily email newsletter.