FireEye (FEYE) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

FireEye (FEYE) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

FireEye (FEYE) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Cowen reaffirmed a hold rating and set a $16.00 target price on shares of FireEye in a research report on Friday, November 3rd. Susquehanna, for instance, upgraded the stock to "positive" from "neutral", and joined no fewer than five other brokerage firms in raising its price target.

In other news, Director Ronald E.F. Codd sold 6,767 shares of the business's stock in a transaction on Thursday, November 16th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock.

By taking a look at the stock's current statistics it can gauged that the stock candle is BEARISH with HIGH volatility.

FireEye (NASDAQ:FEYE) announced its quarterly earnings data on Thursday. According to today's trading volume FireEye, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E. Fireeye Inc (NASDAQ:FEYE) has a current PEG of 0. The company has a market capitalization of $2,880.00, a price-to-earnings ratio of -9.40 and a beta of 0.57.

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For the three months ending 31 December 2017, FireEye saw a year-on-year revenue increase of 10 per cent to $202.3m (£145.3m), with an operating loss of $65.8m.

FireEye (NASDAQ:FEYE) last posted its quarterly earnings results on Thursday, February 8th. The information security company reported $0.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.02. FireEye had a negative net margin of 39.29% and a negative return on equity of 23.71%.

For the current quarter Fireeye Inc (NASDAQ:FEYE) has average revenue estimates of $193.62 Million, a total number of 24 analysts provided estimations over revenues. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.40% of the company's stock.

Several institutional investors and hedge funds have recently bought and sold shares of FEYE. Over the past month the firm's stock is -3.95%, -2.35% for the last quarter, -0.63% for the past six-months and 28.25% for the a year ago. Bank of Montreal Can raised its holdings in shares of FireEye by 37.4% in the 1st quarter. TIAA CREF Investment Management LLC grew its position in shares of FireEye by 13.6% during the 2nd quarter. US Bancorp DE now owns 10,662 shares of the information security company's stock valued at $135,000 after buying an additional 7,788 shares during the period. Finally, Northern Trust Corp raised its position in shares of FireEye by 30.8% in the 2nd quarter. Following the sale, the executive vice president now owns 428,733 shares in the company, valued at $6,199,479.18.

Currently, the analyst consensus on Jack Henry & Associates is Hold and the average price target is $124, representing a 7.6% upside.

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