The price of CyberArk Software Ltd (NASDAQ: CYBR) closed at $262.06 in the last session, up 1.37% from day before closing price of $258.51. In other words, the price has increased by $+3.55 from its previous closing price. On the day, 810895 shares were traded.
Ratios:
We take a closer look at CYBR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 209.76. For the most recent quarter (mrq), Quick Ratio is recorded 2.22 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.00.
On January 09, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $195 to $240.
On December 15, 2023, Susquehanna started tracking the stock assigning a Positive rating and target price of $255.Susquehanna initiated its Positive rating on December 15, 2023, with a $255 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CYBR now has a Market Capitalization of 10.94B and an Enterprise Value of 10.52B. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.30 while its Price-to-Book (P/B) ratio in mrq is 14.92. Its current Enterprise Value per Revenue stands at 14.00 whereas that against EBITDA is -108.25.
Stock Price History:
Over the past 52 weeks, CYBR has reached a high of $283.00, while it has fallen to a 52-week low of $120.11. The 50-Day Moving Average of the stock is 239.76, while the 200-Day Moving Average is calculated to be 185.61.
Shares Statistics:
According to the various share statistics, CYBR traded on average about 650.87K shares per day over the past 3-months and 607.4k shares per day over the past 10 days. A total of 41.03M shares are outstanding, with a floating share count of 40.93M. Insiders hold about 0.24% of the company’s shares, while institutions hold 115.73% stake in the company. Shares short for CYBR as of Feb 15, 2024 were 2.16M with a Short Ratio of 3.32, compared to 2.13M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.18% and a Short% of Float of 5.24%.
Earnings Estimates
The company has 28 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.27 for the current quarter, with a high estimate of $0.31 and a low estimate of $0.24, while EPS last year was -$0.17. The consensus estimate for the next quarter is $0.3, with high estimates of $0.39 and low estimates of $0.16.
Analysts are recommending an EPS of between $1.83 and $1.7 for the fiscal current year, implying an average EPS of $1.75. EPS for the following year is $3.32, with 27 analysts recommending between $4.11 and $2.86.
Revenue Estimates
According to 27 analysts, the current quarter’s revenue is expected to be $213.08M. It ranges from a high estimate of $215.3M to a low estimate of $211.2M. As of the current estimate, CyberArk Software Ltd’s year-ago sales were $162.46M, an estimated increase of 31.20% from the year-ago figure. For the next quarter, 27 analysts are estimating revenue of $221.12M, an increase of 25.70% less than the figure of $31.20% in the same quarter last year. There is a high estimate of $228M for the next quarter, whereas the lowest estimate is $214.5M.
A total of 28 analysts have provided revenue estimates for CYBR’s current fiscal year. The highest revenue estimate was $930.02M, while the lowest revenue estimate was $924.26M, resulting in an average revenue estimate of $926.9M. In the same quarter a year ago, actual revenue was $751.89M, up 23.30% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $1.13B in the next fiscal year. The high estimate is $1.17B and the low estimate is $1.08B. The average revenue growth estimate for next year is up 22.40% from the average revenue estimate for this year.
