Shares of FireEye Inc (NASDAQ:FEYE) have been given a consensus recommendation of “Hold” by the thirty-one brokerages that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $17.27.
Several equities research analysts have recently issued reports on the company. Wedbush reaffirmed a “neutral” rating and issued a $14.00 price objective on shares of FireEye in a research note on Tuesday, November 14th. Cowen reiterated a “hold” rating and issued a $16.00 price target on shares of FireEye in a report on Friday, November 3rd. Oppenheimer reduced their price target on FireEye from $23.00 to $22.00 and set an “outperform” rating on the stock in a report on Thursday, November 2nd. BMO Capital Markets reduced their price target on FireEye from $17.00 to $16.00 and set a “market perform” rating on the stock in a report on Thursday, November 2nd. Finally, Evercore ISI reiterated a “buy” rating and issued a $20.00 price target on shares of FireEye in a report on Thursday, November 2nd.
In other news, President Travis M. Reese sold 88,445 shares of FireEye stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $17.50, for a total value of $1,547,787.50. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ronald E. F. Codd sold 6,767 shares of FireEye stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $13.57, for a total value of $91,828.19. Following the completion of the transaction, the director now owns 7,099 shares in the company, valued at $96,333.43. The disclosure for this sale can be found here. Insiders have sold a total of 120,212 shares of company stock worth $2,089,616 over the last 90 days. 2.40% of the stock is currently owned by company insiders.
Shares of FireEye (NASDAQ FEYE) opened at $14.50 on Monday. FireEye has a one year low of $10.35 and a one year high of $18.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.98 and a current ratio of 1.99.
FireEye (NASDAQ:FEYE) last posted its quarterly earnings data on Wednesday, November 1st. The information security company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.03. The business had revenue of $189.60 million during the quarter, compared to analyst estimates of $186.41 million. FireEye had a negative return on equity of 23.71% and a negative net margin of 39.29%. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the company earned ($0.18) EPS. equities analysts anticipate that FireEye will post -1.07 EPS for the current fiscal year.
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FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).
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