Cyberark Software (NASDAQ:CYBR) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.78-0.82 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.67. The company issued revenue guidance of $125-127 million, compared to the consensus revenue estimate of $122.69 million.

Cyberark Software stock traded up $3.41 during midday trading on Friday, reaching $112.81. The stock had a trading volume of 25,524 shares, compared to its average volume of 667,055. Cyberark Software has a 12 month low of $64.66 and a 12 month high of $148.74. The company has a market capitalization of $4.02 billion, a P/E ratio of 78.89, a PEG ratio of 5.14 and a beta of 1.61. The company has a fifty day moving average price of $102.88 and a two-hundred day moving average price of $120.09.

Cyberark Software (NASDAQ:CYBR) last issued its earnings results on Wednesday, November 6th. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.18. Cyberark Software had a return on equity of 13.47% and a net margin of 15.23%. The business had revenue of $108.12 million during the quarter, compared to analyst estimates of $103.04 million. During the same period in the previous year, the company posted $0.48 EPS. The firm’s revenue was up 27.7% compared to the same quarter last year. On average, equities analysts expect that Cyberark Software will post 1.29 EPS for the current year.

CYBR has been the subject of a number of research analyst reports. Piper Jaffray Companies initiated coverage on Cyberark Software in a research report on Friday. They issued a hold rating and a $120.00 target price for the company. Zacks Investment Research raised Cyberark Software from a hold rating to a buy rating and set a $124.00 target price for the company in a research report on Tuesday, August 13th. Evercore ISI set a $140.00 target price on Cyberark Software and gave the company a buy rating in a research report on Monday. Cowen initiated coverage on Cyberark Software in a research report on Wednesday, August 21st. They issued an outperform rating and a $145.00 target price for the company. Finally, ValuEngine raised Cyberark Software from a sell rating to a hold rating in a report on Friday, November 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of $128.71.

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.

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Earnings History and Estimates for Cyberark Software (NASDAQ:CYBR)

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