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CyberArk (CYBR) Outpaces Stock Market Gains: What You Should Know
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In the latest trading session, CyberArk (CYBR - Free Report) closed at $71.21, marking a +1.92% move from the previous day. This move outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq added 0.45%.
Coming into today, shares of the maker of software that detects attacks on privileged accounts had gained 3.45% in the past month. In that same time, the Computer and Technology sector lost 5.51%, while the S&P 500 lost 7.29%.
CYBR will be looking to display strength as it nears its next earnings release, which is expected to be February 21, 2019. In that report, analysts expect CYBR to post earnings of $0.59 per share. This would mark year-over-year growth of 43.9%. Meanwhile, our latest consensus estimate is calling for revenue of $95.78 million, up 19.17% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.76 per share and revenue of $329.77 million, which would represent changes of +51.72% and +26.01%, respectively, from the prior year.
Any recent changes to analyst estimates for CYBR should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. CYBR is currently sporting a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that CYBR has a Forward P/E ratio of 39.64 right now. For comparison, its industry has an average Forward P/E of 45.24, which means CYBR is trading at a discount to the group.
Also, we should mention that CYBR has a PEG ratio of 2.38. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Security stocks are, on average, holding a PEG ratio of 2.5 based on yesterday's closing prices.
The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 16, putting it in the top 6% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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CyberArk (CYBR) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, CyberArk (CYBR - Free Report) closed at $71.21, marking a +1.92% move from the previous day. This move outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq added 0.45%.
Coming into today, shares of the maker of software that detects attacks on privileged accounts had gained 3.45% in the past month. In that same time, the Computer and Technology sector lost 5.51%, while the S&P 500 lost 7.29%.
CYBR will be looking to display strength as it nears its next earnings release, which is expected to be February 21, 2019. In that report, analysts expect CYBR to post earnings of $0.59 per share. This would mark year-over-year growth of 43.9%. Meanwhile, our latest consensus estimate is calling for revenue of $95.78 million, up 19.17% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.76 per share and revenue of $329.77 million, which would represent changes of +51.72% and +26.01%, respectively, from the prior year.
Any recent changes to analyst estimates for CYBR should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. CYBR is currently sporting a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that CYBR has a Forward P/E ratio of 39.64 right now. For comparison, its industry has an average Forward P/E of 45.24, which means CYBR is trading at a discount to the group.
Also, we should mention that CYBR has a PEG ratio of 2.38. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Security stocks are, on average, holding a PEG ratio of 2.5 based on yesterday's closing prices.
The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 16, putting it in the top 6% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.