CyberArk (CYBR) Dips More Than Broader Markets: What You Should Know

CYBR

CyberArk (CYBR - Free Report) closed at $125.69 in the latest trading session, marking a -0.26% move from the prior day. This change lagged the S&P 500's daily loss of 0.22%. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, lost 0.23%.

Coming into today, shares of the maker of software that detects attacks on privileged accounts had gained 8.61% in the past month. In that same time, the Computer and Technology sector gained 6.02%, while the S&P 500 gained 4.87%.

CYBR will be looking to display strength as it nears its next earnings release, which is expected to be May 14, 2019. In that report, analysts expect CYBR to post earnings of $0.41 per share. This would mark year-over-year growth of 28.13%. Our most recent consensus estimate is calling for quarterly revenue of $92.35 million, up 28.66% from the year-ago period.

CYBR's full-year Zacks Consensus Estimates are calling for earnings of $1.98 per share and revenue of $413.82 million. These results would represent year-over-year changes of -3.88% and +20.58%, respectively.

Any recent changes to analyst estimates for CYBR should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. CYBR is currently sporting a Zacks Rank of #3 (Hold).

Digging into valuation, CYBR currently has a Forward P/E ratio of 63.54. This represents a premium compared to its industry's average Forward P/E of 45.58.

Meanwhile, CYBR's PEG ratio is currently 3.09. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Security industry currently had an average PEG ratio of 2.81 as of yesterday's close.

The Security industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 50, which puts it in the top 20% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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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