In yesterday’s Wall Street session, CyberArk Software Ltd (NASDAQ:CYBR) shares traded at $318.78, down -2.81% from the previous session.
CYBR stock price is now 8.68% away from the 50-day moving average and 19.68% away from the 200-day moving average. The market capitalization of the company currently stands at $13.89B.
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With the price target of $340, Scotiabank recently initiated with Sector Outperform rating for CyberArk Software Ltd (NASDAQ: CYBR). On October 18, 2024, Cleveland Research recently initiated its ‘Buy’ rating on the stock quoting a target price of $390, while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
In other news, Gad Yishayahu Tirosh, Officer bought 2,275 shares of the company’s stock on Nov 21 ’24. The stock was bought for $720,948 at an average price of $316.90. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 20 ’24, Officer GAD YISHAYAHU TIROSH bought 1,200 shares of the business’s stock. A total of $378,000 was incurred on buying the stock at an average price of $315.00. A total of 5.28% of the company’s stock is owned by insiders.
During the past 12 months, CyberArk Software Ltd has had a low of $191.56 and a high of $332.05. As of last week, the company has a debt-to-equity ratio of 0.44, a current ratio of 1.73, and a quick ratio of 1.73. According to the stock market information, the enterprise value for the company is $12866558976, which is based on a 1367.57 price-to-earnings ratio, a 55.82 price-to-earnings-growth ratio, and a beta of 1.14. The fifty day moving average price for CYBR is $292.2964 and a two-hundred day moving average price translates $266.08337 for the stock.
The latest earnings results from CyberArk Software Ltd (NASDAQ: CYBR) was released for 2024-09-30. The net profit margin was 1.38% and return on equity was 1.29% for CYBR. The company reported revenue of $240.1 million for the quarter, compared to $191.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.55 percent. For the current quarter, analysts expect CYBR to generate $301.27M in revenue.
