Economy

Analysts Watch CyberArk Software Ltd. (NASDAQ:CYBR) And Issue New Targets

Traders are a little more bullish on shares of CyberArk Software Ltd. - Ordina of late if you watch the decrease in short interest.

In taking a look at technical levels, CyberArk Software Ltd. (NASDAQ:CYBR) shares are trading -0.55% away from the 50 day simple moving average and -14.39% away from the 200 day simple moving average. JMP Securities and their recent target price per share indicates a potential upside of 28.48 % from the company's current stock price. The stock of Cyberark Software Ltd (NASDAQ:CYBR) has "Buy" rating given on Thursday, September 21 by JMP Securities. Imperial Capital maintained it with "In-Line" rating and $42 target in Friday, November 13 report. The stock now has a consensus recommendation of "Hold" and an average price objective of $50.60.

07/14/2017 - CyberArk Software Ltd. was downgraded to "equal-weight" by analysts at Stephens. Cyberark Software Ltd (NASDAQ:CYBR) has risen 9.69% since September 28, 2016 and is uptrending. They now have a United States dollars 43 price target on the stock. Morgan Stanley assumed coverage on Cyberark Software in a report on Thursday, March 30th. Deutsche Bank AG cut CyberArk Software from a "buy" recommendation to a "hold" recommendation and trimmed their target price for The corporation from $60.00 to $45.00 in a note on Fri, Jul 14th.

CyberArk Software Ltd. has a 52 week low of $39.34 and a 52 week high of $56.25. The firm has a market cap of $1.21 billion, a P/E ratio of 52.70 and a beta of 2.58. On Tuesday, September 12 the stock rating was maintained by Needham with "Buy". They now have a Dollars 55 price target on the stock. The rating was downgraded by Deutsche Bank to "Hold" on Friday, July 14. They now have a Dollars 45 price target on the stock. ValuEngine cut shares of CyberArk Software from a "hold" rating to a "sell" rating in a research report on Friday, September 1st. The firm has "Hold" rating given on Friday, July 7 by Stifel Nicolaus. Zacks Investment Research raised shares of CyberArk Software from a "sell" rating to a "hold" rating in a research report on Friday, September 15th. JMP Securities maintained the shares of CYBR in report on Friday, July 14 with "Market Outperform" rating. They now have a Dollars 53 price target on the stock.

Among 12 analysts covering Murphy Oil Corporation (NYSE:MUR), 0 have Buy rating, 2 Sell and 10 Hold. The original version of this piece can be viewed at https://stocknewstimes.com/2017/09/30/62-58-million-in-sales-expected-for-cyberark-software-ltd-cybr-this-quarter.html. More interesting news about Cyberark Software Ltd (NASDAQ:CYBR) were released by: Fool.com and their article: "Why CyberArk could sink..." published on July 17, 2017 as well as Seekingalpha.com's news article titled: "CyberArk Finally Falls Short Of Expectations" with publication date: July 14, 2017. Based on a recent bid, the stock is trading -27.11% away from it's 52- week high and 4.22% away from its 52 week low.

On consensus, experts anticipate that CyberArk Software will announce full year earnings of $1.04 for a share for the present fiscal year, with Earnings Per Share estimates between $1.00 to $1.06. for the upcoming fiscal year, brokerages expect that the company will announce earnings of $1.28 for a share, with Earnings Per Share estimates between $1.12 to $1.36.

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. The Company's products provide protection against external and internal cyber threats and enables detection and neutralization of attacks.



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