CyberArk Software Ltd (NASDAQ: CYBR)’s stock price has gone decline by -1.15 in comparison to its previous close of 237.16, however, the company has experienced a -4.34% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-02 that The headline numbers for CyberArk (CYBR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in CyberArk Software Ltd (NASDAQ: CYBR) Right Now?
CYBR has 36-month beta value of 1.11. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 5 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for CYBR is 42.22M, and currently, short sellers hold a 4.04% ratio of that float. The average trading volume of CYBR on May 02, 2024 was 567.27K shares.
CYBR’s Market Performance
The stock of CyberArk Software Ltd (CYBR) has seen a -4.34% decrease in the past week, with a -10.66% drop in the past month, and a -0.69% fall in the past quarter. The volatility ratio for the week is 2.89%, and the volatility levels for the past 30 days are at 2.74% for CYBR. The simple moving average for the past 20 days is -4.36% for CYBR’s stock, with a 14.31% simple moving average for the past 200 days.
Analysts’ Opinion of CYBR
Many brokerage firms have already submitted their reports for CYBR stocks, with BTIG Research repeating the rating for CYBR by listing it as a “Buy.” The predicted price for CYBR in the upcoming period, according to BTIG Research is $317 based on the research report published on March 28, 2024 of the current year 2024.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see CYBR reach a price target of $300. The rating they have provided for CYBR stocks is “Overweight” according to the report published on February 08th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to CYBR, setting the target price at $240 in the report published on January 09th of the current year.
CYBR Trading at -8.03% from the 50-Day Moving Average
After a stumble in the market that brought CYBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.16% of loss for the given period.
Volatility was left at 2.74%, however, over the last 30 days, the volatility rate increased by 2.89%, as shares sank -8.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.96% lower at present.
During the last 5 trading sessions, CYBR fell by -4.36%, which changed the moving average for the period of 200-days by +41.66% in comparison to the 20-day moving average, which settled at $244.02. In addition, CyberArk Software Ltd saw 7.03% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CYBR
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- 0.79 for the gross margin
The net margin for CyberArk Software Ltd stands at -0.09. The total capital return value is set at -0.13. Equity return is now at value -9.05, with -3.43 for asset returns.
Based on CyberArk Software Ltd (CYBR), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is 12.12.
Currently, EBITDA for the company is -97.22 million with net debt to EBITDA at -2.54. When we switch over and look at the enterprise to sales, we see a ratio of 13.5. The receivables turnover for the company is 4.03for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
To put it simply, CyberArk Software Ltd (CYBR) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
