Wall Street analysts expect FireEye, Inc. (NASDAQ:FEYE) to announce sales of $186.36 million for the current fiscal quarter, Zacks Investment Research reports. Thirteen analysts have made estimates for FireEye’s earnings. The lowest sales estimate is $185.00 million and the highest is $188.35 million. FireEye posted sales of $186.41 million in the same quarter last year, which suggests a negative year-over-year growth rate of 0%. The business is scheduled to issue its next earnings results on Thursday, November 2nd.

On average, analysts expect that FireEye will report full-year sales of $186.36 million for the current year, with estimates ranging from $730.00 million to $744.40 million. For the next year, analysts anticipate that the company will post sales of $803.55 million per share, with estimates ranging from $780.00 million to $828.00 million. Zacks Investment Research’s sales averages are an average based on a survey of analysts that that provide coverage for FireEye.

FireEye (NASDAQ:FEYE) last released its quarterly earnings data on Tuesday, August 1st. The information security company reported ($0.26) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.39) by $0.13. The firm had revenue of $185.50 million for the quarter, compared to the consensus estimate of $176.39 million. FireEye had a negative return on equity of 26.21% and a negative net margin of 46.37%. The company’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.33) earnings per share.

FEYE has been the topic of a number of research reports. Barclays PLC reaffirmed an “equal weight” rating and set a $14.00 target price (up from $10.00) on shares of FireEye in a research report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $17.00 target price (up from $15.00) on shares of FireEye in a research report on Wednesday, May 3rd. BidaskClub lowered shares of FireEye from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 2nd. Wedbush raised their target price on shares of FireEye from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 3rd. Finally, Evercore ISI reaffirmed a “buy” rating and set a $16.00 target price (up from $14.00) on shares of FireEye in a research report on Wednesday, May 3rd. Two equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $15.97.

FireEye (NASDAQ FEYE) traded down 0.07% on Wednesday, hitting $13.98. The stock had a trading volume of 3,931,798 shares. FireEye has a 52-week low of $10.35 and a 52-week high of $16.40. The company’s 50 day moving average price is $14.96 and its 200 day moving average price is $13.56. The firm’s market cap is $2.55 billion.

In other news, EVP Alexa King sold 69,884 shares of FireEye stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $14.46, for a total transaction of $1,010,522.64. Following the completion of the sale, the executive vice president now directly owns 428,733 shares in the company, valued at $6,199,479.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.40% of the company’s stock.

Large investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its stake in FireEye by 30.0% in the second quarter. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company’s stock valued at $101,000 after buying an additional 1,528 shares during the last quarter. Bank of Montreal Can increased its stake in FireEye by 37.4% in the first quarter. Bank of Montreal Can now owns 7,887 shares of the information security company’s stock valued at $100,000 after buying an additional 2,147 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in FireEye by 15.9% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 9,134 shares of the information security company’s stock valued at $141,000 after buying an additional 1,252 shares during the last quarter. Fortaleza Asset Management Inc. bought a new stake in FireEye during the second quarter valued at approximately $142,000. Finally, FNY Partners Fund LP increased its stake in FireEye by 900.0% in the second quarter. FNY Partners Fund LP now owns 10,000 shares of the information security company’s stock valued at $152,000 after buying an additional 9,000 shares during the last quarter. Institutional investors and hedge funds own 64.30% 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).

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Earnings History and Estimates for FireEye (NASDAQ:FEYE)

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