Stock Worth Mentioning Today: After Today’s Significant Decline, Is Cyberark Software Ltd’s Near-Term Analysis Negative?

Stock Worth Mentioning Today: After Today's Significant Decline, Is Cyberark Software Ltd's Near Term Analysis Negative?

The stock of Cyberark Software Ltd (NASDAQ:CYBR) is a huge mover today! About 716,944 shares traded hands or 31.90% up from the average. Cyberark Software Ltd (NASDAQ:CYBR) has risen 31.26% since March 9, 2016 and is uptrending. It has outperformed by 23.84% the S&P500.
The move comes after 7 months negative chart setup for the $1.62B company. It was reported on Oct, 12 by We have $44.68 PT which if reached, will make NASDAQ:CYBR worth $129.60M less.

Analysts await Cyberark Software Ltd (NASDAQ:CYBR) to report earnings on November, 3. They expect $0.18 earnings per share, down 18.18% or $0.04 from last year’s $0.22 per share. CYBR’s profit will be $6.00M for 67.44 P/E if the $0.18 EPS becomes a reality. After $0.21 actual earnings per share reported by Cyberark Software Ltd for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

Cyberark Software Ltd (NASDAQ:CYBR) Ratings Coverage

Out of 19 analysts covering Cyber-Ark Software (NASDAQ:CYBR), 12 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 63% are positive. Cyber-Ark Software has been the topic of 37 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Cyberark Software Ltd (NASDAQ:CYBR) has “Buy” rating given on Wednesday, June 29 by Summit Redstone Partners. The company was maintained on Thursday, September 17 by Wells Fargo. JP Morgan upgraded Cyberark Software Ltd (NASDAQ:CYBR) on Thursday, December 10 to “Overweight” rating. The firm has “In-Line” rating by Imperial Capital given on Thursday, February 18. Summit Research upgraded the stock to “Buy” rating in Monday, March 14 report. The firm has “Outperform” rating given on Tuesday, August 11 by William Blair. The stock of Cyberark Software Ltd (NASDAQ:CYBR) has “Buy” rating given on Wednesday, August 12 by Vetr. The company was initiated on Tuesday, July 21 by Dougherty & Company. As per Friday, February 12, the company rating was maintained by Oppenheimer. The firm has “Neutral” rating by UBS given on Friday, September 9.

According to Zacks Investment Research, “CyberArk Software Ltd. provides information technology security solutions. The Company offers services which protect organizational privileged accounts from cyber-attacks. Its products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. The company offers privileged account security solution consists of enterprise password vault, which provides a tool to manage and protect physical, virtual, or cloud-based assets in an organization; privileged session manager that protects IT assets; and application identity manager, which addresses the challenges of hard-coded, embedded credentials, and cryptographic keys being hijacked and exploited by malicious insiders or external cyber attackers. CyberArk Software Ltd. is headquartered in Petach Tikva, Israel.”

More notable recent Cyberark Software Ltd (NASDAQ:CYBR) news were published by: which released: “Why Investors Are Paying a Premium for CyberArk Software Ltd” on October 05, 2016, also with their article: “Can CyberArk Software Ltd Regain Its Mojo?” published on September 08, 2016, published: “CyberArk Software Ltd. Delivers 39% Revenue Growth” on August 19, 2016. More interesting news about Cyberark Software Ltd (NASDAQ:CYBR) were released by: and their article: “The 4 Biggest Risks To CyberArk Software Ltd. Stock” published on May 13, 2016 as well as‘s news article titled: “CyberArk Software Ltd Gets a Big Win With HPE Deal” with publication date: July 31, 2016.

CYBR Company Profile

CyberArk Software Ltd. (CyberArk), incorporated on February 28, 1996, provides information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s products include Privileged Account Security Solution and Sensitive Information Management Solution. The Company’s solutions provide protection against cyber-attacks from both external and internal sources and allow for real-time detection and neutralization of such threats.

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