CyberArk Software (CYBR) Receiving Somewhat Positive News Coverage, Study Shows
Media headlines about CyberArk Software (NASDAQ:CYBR) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CyberArk Software earned a news impact score of 0.25 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.0430322137159 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- CyberArk Software Ltd. (CYBR) Sees Large Decline in Short Interest (americanbankingnews.com)
- Volume Boosters with Technical Valuation: CyberArk Software Ltd. (NASDAQ:CYBR) – NASDAQ Times (nasdaqtimes.com)
- CyberArk Software Ltd. (CYBR) Upgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- CyberArk Software Ltd. breached its 50 day moving average in a Bearish Manner : CYBR-US : September 14, 2017 (finance.yahoo.com)
- Financial Review: AVG Technologies NV (AVG) & CyberArk Software (CYBR) (americanbankingnews.com)
Shares of CyberArk Software (NASDAQ CYBR) traded up 0.58% on Friday, reaching $41.68. 688,920 shares of the company’s stock were exchanged. CyberArk Software has a one year low of $39.34 and a one year high of $56.25. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 53.50 and a beta of 2.58. The company’s 50 day moving average is $40.74 and its 200-day moving average is $47.38.
Several equities analysts recently commented on CYBR shares. BidaskClub raised shares of CyberArk Software from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 1st. Zacks Investment Research raised shares of CyberArk Software from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Evercore ISI reiterated a “buy” rating and set a $56.00 target price (down from $60.00) on shares of CyberArk Software in a research report on Friday, July 14th. J P Morgan Chase & Co lowered shares of CyberArk Software from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $63.00 to $45.00 in a research report on Friday, July 14th. Finally, ValuEngine lowered shares of CyberArk Software from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $50.60.
About CyberArk Software
CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.
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