FireEye Inc (FEYE) Posts Q4 Adj. Profit Ahead of Expectations

11 February, 2018, 05:07 | Author: Terri Saunders
  • Fire Eye shares were up 3.67

Finally, Evercore ISI restated a buy rating and set a $20.00 price objective on shares of FireEye in a research note on Thursday, November 2nd. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.28 average brokerage recommendation.

Several analysts have released their opinion on FireEye, Inc. Stifel Nicolaus reaffirmed a "buy" rating on shares of FireEye in a research report on Wednesday, July 19th. The company has a consensus rating of "Buy" and an average price target of $18.09. Oppenheimer restated a buy rating and set a $23.00 price objective on shares of FireEye in a research report on Monday, September 18th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Northland Securities set a $22.00 price objective on FireEye and gave the company a buy rating in a research report on Thursday, October 12th. 21,179,508 shares of the company's stock traded hands, compared to its average volume of 3,800,000. FireEye Inc has a 12 month low of $10.35 and a 12 month high of $17.51. The company operates in the Technology sector with a market capitalization of 2.67 Million.

(NASDAQ:FEYE) to report earnings on Feb, 08 for the fiscal quarter ending Dec 2017. The information security company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. FireEye had a negative return on equity of 35.48% and a negative net margin of 38.14%. Sales reached $0.19 billion during the three-month period, compared to the average analyst estimate of $0.19 billion.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -6.69%, and has a solid year to date (YTD) performance of -0.56% which means that the stock is constantly adding to its value from the previous fiscal year end price.

While looking at the Stock's Performance, FireEye, Inc. now shows a Weekly Performance of -6.24%, where Monthly Performance is -3.95%, Quarterly performance is -2.35%, 6 Months performance is -0.63% and yearly performance percentage is 28.25%.

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In other FireEye news, President Travis M. Reese sold 11,555 shares of FireEye stock in a transaction on Monday, September 18th. The fund purchased 52,580 shares of the information security company's stock, valued at approximately $800,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Investors can gain useful insight on institutional ownership within a public company by taking a look at the organization's most recent 13F filings.

FireEye said net loss attributable to shareholders widened to $77 million, or 42 cents per share, in the fourth quarter from $61.5 million, or 37 cents per share, a year earlier. Private Advisor Group LLC lifted its position in shares of FireEye by 1.2% during the 1st quarter. New York State Common Retirement Fund increased its position in FireEye by 0.3% in the 2nd quarter. Finally, K.J. Harrison & Partners Inc purchased a new position in FireEye during the third quarter worth about $168,000. Sigma Planning Corp now owns 10,759 shares of the information security company's stock valued at $164,000 after buying an additional 266 shares in the last quarter. However the company's price to cash per share for most recent quarter stands at 4.64.

Ownership at FireEye, Inc. Virtu Financial LLC raised its holdings in shares of FireEye by 29.0% in the 4th quarter.



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