CyberArk (CYBR) closed at $456.56, up 1.05% from the previous day, outperforming the S&P 500, Dow, and Nasdaq. Over the last month, CYBR gained 2.67%, beating the Computer and Technology sector but underperforming the S&P 500. Analysts project an EPS of $1.13 and revenue of $359.28 million for the upcoming earnings disclosure.
Investors should note recent analyst estimate revisions for CyberArk, as they reflect short-term business trends. Positive revisions indicate optimism and can impact stock prices. With a Zacks Rank #2 (Buy), CYBR has seen a 25% increase in Zacks Consensus EPS estimate over the past 30 days. CYBR is currently traded at a Forward P/E ratio of 108.87, higher than the industry average of 55.01.
The Security industry, where CyberArk operates, has a current Zacks Industry Rank of 57, placing it in the top 24% of all industries. The Zacks Industry Rank evaluates industry groups based on individual stock performances. Utilize Zacks.com for stock-shifting metrics and updates in upcoming trading sessions.
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Read more at Nasdaq: CyberArk (CYBR) Laps the Stock Market: Here’s Why
