FireEye Inc (NASDAQ:FEYE) – Stock analysts at Gabelli issued their Q2 2019 earnings per share (EPS) estimates for shares of FireEye in a research note issued to investors on Wednesday, May 29th. Gabelli analyst H. Susanto expects that the information security company will post earnings per share of ($0.17) for the quarter. Gabelli also issued estimates for FireEye’s FY2019 earnings at ($0.58) EPS and FY2020 earnings at ($0.42) EPS.
FireEye (NASDAQ:FEYE) last released its quarterly earnings data on Tuesday, April 30th. The information security company reported ($0.23) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.21) by ($0.02). The business had revenue of $210.54 million during the quarter, compared to the consensus estimate of $210.22 million. FireEye had a negative return on equity of 20.85% and a negative net margin of 29.28%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the business posted ($0.04) earnings per share.
Several other research analysts also recently commented on FEYE. Zacks Investment Research downgraded shares of FireEye from a “hold” rating to a “sell” rating in a report on Tuesday, April 9th. BidaskClub raised shares of FireEye from a “strong sell” rating to a “sell” rating in a report on Thursday. Robert W. Baird reissued a “buy” rating and issued a $23.00 price target on shares of FireEye in a report on Wednesday. Mizuho began coverage on shares of FireEye in a report on Tuesday, March 26th. They issued a “neutral” rating and a $18.00 price target for the company. Finally, Wedbush cut their price target on shares of FireEye from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Friday, February 8th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. FireEye has a consensus rating of “Hold” and an average target price of $19.64.
Shares of NASDAQ:FEYE opened at $15.10 on Friday. The company has a quick ratio of 1.99, a current ratio of 2.00 and a debt-to-equity ratio of 1.69. FireEye has a one year low of $13.85 and a one year high of $20.61. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of -20.97 and a beta of 0.91.
In other news, EVP Alexa King sold 3,156 shares of the firm’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $15.37, for a total transaction of $48,507.72. Following the sale, the executive vice president now owns 505,060 shares in the company, valued at approximately $7,762,772.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 2.40% of the stock is owned by company insiders.
Institutional investors have recently bought and sold shares of the company. Advisors Asset Management Inc. purchased a new stake in shares of FireEye during the 4th quarter valued at $40,000. Valeo Financial Advisors LLC raised its position in shares of FireEye by 66.7% during the 1st quarter. Valeo Financial Advisors LLC now owns 2,500 shares of the information security company’s stock valued at $42,000 after buying an additional 1,000 shares in the last quarter. Flinton Capital Management LLC purchased a new stake in shares of FireEye during the 4th quarter valued at $50,000. Joseph P. Lucia & Associates LLC purchased a new stake in shares of FireEye during the 1st quarter valued at $60,000. Finally, Neuburgh Advisers LLC purchased a new stake in shares of FireEye during the 4th quarter valued at $61,000. Hedge funds and other institutional investors own 79.81% of the company’s stock.
FireEye Company Profile
FireEye, Inc provides cybersecurity solutions that allow organizations to prepare for, prevent, investigate, respond to, and remediate cyber-attacks. The company provides threat detection and prevention solutions, including network security solutions, email security solutions, endpoint security solutions, and customer support and maintenance services.