Cyberark Software (NASDAQ:CYBR) issued an update on its FY20 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.26-2.38 for the period, compared to the Thomson Reuters consensus estimate of $2.78. The company issued revenue guidance of $511-519 million, compared to the consensus revenue estimate of $510.73 million.Cyberark Software also updated its FY 2020
Pre-Market guidance to 2.26-2.38 EPS.

Shares of NASDAQ CYBR traded up $0.74 during mid-day trading on Friday, reaching $118.94. The company had a trading volume of 952,252 shares, compared to its average volume of 905,140. The firm has a 50 day simple moving average of $133.14 and a two-hundred day simple moving average of $118.24. The stock has a market cap of $5.25 billion, a P/E ratio of 68.75, a PEG ratio of 5.59 and a beta of 1.50. Cyberark Software has a 52-week low of $94.30 and a 52-week high of $148.74.

Cyberark Software (NASDAQ:CYBR) last issued its quarterly earnings results on Wednesday, February 12th. The technology company reported $0.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.16. The firm had revenue of $129.66 million during the quarter, compared to analysts’ expectations of $126.67 million. Cyberark Software had a net margin of 16.09% and a return on equity of 12.94%. Cyberark Software’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.89 EPS. Research analysts predict that Cyberark Software will post 1.56 earnings per share for the current fiscal year.

CYBR has been the subject of a number of recent research reports. Evercore ISI set a $140.00 price target on shares of Cyberark Software and gave the stock a buy rating in a research note on Monday, November 4th. ValuEngine upgraded shares of Cyberark Software from a sell rating to a hold rating in a research note on Friday, November 1st. Wedbush reiterated an outperform rating on shares of Cyberark Software in a research note on Wednesday, November 6th. First Analysis cut shares of Cyberark Software from a strong-buy rating to an outperform rating and increased their price target for the stock from $143.00 to $154.00 in a research note on Tuesday, January 14th. Finally, DA Davidson initiated coverage on shares of Cyberark Software in a research note on Monday, January 13th. They set a neutral rating and a $125.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $138.90.

Cyberark Software Company Profile

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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