Stock Update (NASDAQ:CYBR): CyberArk Announces Release Date of Fourth Quarter and Full Year 2014 Financial Results
(BUSINESS WIRE)–Jan. 12, 2015– CyberArk Software Ltd. (NASDAQ:CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced that it will report its fourth quarter and full year 2014 financial results after the U.S. financial markets close on Thursday, February 12, 2015. In conjunction with this announcement, CyberArk will host a conference call on Thursday, February 12, 2015 at 5:00 p.m. Eastern Time (ET) to discuss the company’s fourth quarter and full year 2014 financial results and its business outlo… Read more
Shares of CyberArk Software opened today at $37.22 and are currently trading up at $38.08. CYBR has a 1-year high of $47.01 and a 1-year low of $22.12. The stock’s 50-day moving average is $40.16 and it’s 200-day moving average is $36.22.
On the ratings front, CyberArk Software has been the subject of a number of recent research reports. In a report published on December 22, analyst Shaul Eyal from Oppenheimer reiterated a Buy rating on CYBR, with a price target of $45, which implies an upside of 20.9% from current levels. Separately, on December 18, Summit Research`s Srini Nandury initiated coverage with a Sell rating on CyberArk Software shares and has a price target of $30.
In total,One research analyst has rated the stock with a Sell rating, 4 research analysts have assigned a Hold rating and one research analyst has given a a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $37.22 which is -5.3% under where the stock opened today.
CyberArk Software Ltd develops, markets and sells software based security solutions for the enterprise. Its platform enables organizations to safeguard and monitor privileged accounts.