CyberArk (CYBR) stock closes higher, analysts expect decrease in EPS, increase in revenue.

From NASDAQ MarketSite: 2024-12-20 18:00:04

In the latest trading session, CyberArk (CYBR) closed at $319.15, up 1.26% from the previous day, surpassing the S&P 500’s gain. Analysts predict an EPS of $0.71 for CyberArk, a 12.35% decrease from the previous year, with revenue expected to increase by 34.94%. The stock currently holds a Zacks Rank of #3 (Hold).

The Zacks Rank system shows a 6.82% rise in the Zacks Consensus EPS estimate for CyberArk. The company trades at a Forward P/E ratio of 107.09, with a PEG ratio of 5.35, indicating a premium compared to industry averages. The Computers – IT Services industry has a Zacks Industry Rank of 71, in the top 29% of all industries.

Zacks has named a new top semiconductor stock with strong growth potential. Global semiconductor manufacturing is projected to increase from $452 billion in 2021 to $803 billion by 2028. The stock is positioned to meet the demand for AI, ML, and IoT technologies. Find out more at Zacks.com.



Read more at NASDAQ MarketSite: CyberArk (CYBR) Exceeds Market Returns: Some Facts to Consider