CyberArk Software-CyberArk (CYBR) Stock Declines While Market Improves: Some Information for Investors

Company Performance - CyberArk's stock closed at $335.45, reflecting a -0.66% change from the previous day's closing price, underperforming the S&P 500 which gained 0.55% [1] - The stock has decreased by 11.79% over the past month, compared to the Computer and Technology sector's loss of 8.51% and the S&P 500's loss of 5.56% [1] Upcoming Earnings - CyberArk is expected to report an EPS of$ 0.80, representing a 6.67% increase from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $305.71 million, which is a 37.99% increase from the year-ago period [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at$ 3.64 per share, indicating a +20.13% change from the previous year [3] - Revenue is projected to be $1.32 billion, reflecting a +31.46% increase from the prior year [3] Analyst Projections - Recent shifts in analyst projections for CyberArk are important to monitor, as upward revisions indicate positive sentiment regarding the company's business operations [4] - The Zacks Rank system, which assesses these estimate changes, currently ranks CyberArk at 3 (Hold) [6] Valuation Metrics - CyberArk has a Forward P/E ratio of 92.75, which is higher than the industry's average Forward P/E of 61.65 [7] - The company also has a PEG ratio of 4.64, compared to the Security industry's average PEG ratio of 3.11 [7] Industry Context - The Security industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 60, placing it in the top 24% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]