CyberArk Software Ltd. (NASDAQ:CYBR) is in the list of top stocks to avoid today as the company shares are trading 5.71% or 6.06 points down from last closing price of $106.1, reaching $100.04 at last check. The CYBR share price has dropped in 3 of the last 5 days and is down -19.41% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on weak volume too with far less shares changing hands than in a normal session. Trading activity as of this writing weakened by -246,097 shares, and in total 257603 shares valued at $25.771 million were seen changing hands compared with 503700 shares valued at $53.443 million recorded at the previous session. You should take into consideration that a falling volume on lower prices shows the bearish trend but this is an early indication which means that the CYBR stock is near its bottom.
CyberArk Software Ltd. (CYBR) shares have notched a 3-month decline of about -19.41%, but has still advanced 43.11% year to date. By comparison, the stock added 51.29% over the past 12 months, while it jumped 2.68% over the 1 month. The company’s market cap is around $4.01B, with its short interest ratio standing at 2.27%.
In the current trading session for CYBR, the stock witnessed two major price actions, it rose to a high of $105.35 and was down as much as $98.83 at one point. The high recorded is very low when compared to their 52-week high which is $64.66. The 52-week high is now at -31.24 distance from current price. Their recent low of $148.74 represents a 58.17% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for CYBR is $145.24, this is below the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of CyberArk Software Ltd. earned $1.56 per share in the trailing 12 months and has a P/E ratio of 64.13. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is higher than the ones recorded by the industry which is 39.33 and higher compared to the sector’s average of 29.32. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. CYBR also has P/S multiple of 9.69. This is greater versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 0.65x.
CYBR‘s last price was down -9.5% as compared to the average trading price of 50 days recorded at $110.54 while enlarging the period to 200 trading days, the average closing price was $108.99. At present, there are 37.75 million in the total number of common shares owned by the public and among those 37.56 million shares have been available to trade. The percentage of shares being held by the company management was 1.85% while institutions stake was 81.6%. The company has generated positive returns on equity over the last 12 months (12.3%). It managed to keep its gross profit margin at 86.1% over the past 12 months.
When assessing the full upside of the CYBR stock, there is another set of technicals that should be looked into and considered. Its -0.32% decline from moving average of $100.36 has brought about a negative sentiment when calculated over the last 20 days. The market has allocated a beta of 1.57 to the stock. With the beta been greater than one, this implies that the company shares are theoretically more volatile than the market, something that the traders definitely are keeping an eye on.
Most of the analysts surveyed by Thomson/First Call think quite highly of CyberArk Software Ltd. — 16 analysts rate the stock as a buy with another 0 rating it strong buy. There are 3 analysts who maintain a hold rating for the stock, with 0 giving it a sell rating. Analysts arrived at a 12-month price target of $126.21 on shares of CyberArk Software Ltd. (NASDAQ:CYBR), which corresponds to 26.21% upside potential than its current market price of $100.04 and implies potential despite the recent drop in the price. However, their current target price has climbed from $124.55 a month ago and is up handily from the consensus target of $111.2 a quarter ago.
In the last five years, the EPS of the company has been roughly 84.5%. Though the percentage looks encouraging, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 12.93%. The revenue of the company has risen at an average annualized rate of about 39 over the last five years. The company recently recorded an increase of 29%, but this figure is rather attractive.
Let’s briefly check the hedge fund interest towards CYBR stock. Crow Point Partners LLC trimmed position in the company after it dumped -15.3% or 3,228 shares of its common stock. The hedge fund now owns 2,734 shares worth $273,509, SEC documents show. Lucia Wealth Services LLC shored up assets in the stock as 10330.29 shares have been purchased, increasing its stake by 31.4% to 13,574 shares which are currently valued at $1,357,943. In addition, Polianta Ltd recently reported that it now owns 9,400 shares making a total of $940,376 based on the recent price. This refelects a change of 3.3% in their ownership.