Latest news with #CyberArkSoftware
Yahoo
5 days ago
- Business
- Yahoo
5 Momentum Picks to Tap Market Rally in June After an Impressive May
Wall Street saw an impressive rally in May after severe volatility in the previous two months. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — were up 3.9%, 6.2% and 9.6%, respectively. The tech-heavy Nasdaq Composite and the broad-market index, the S&P 500, recorded their best months since November 2023. May's investor optimism was primarily driven by expectations of a U.S.-China trade deal, the delay by the Trump administration to impose 50% tariffs on the European Union and the ongoing negotiations related to tariff and trade policies with several other major trading partners of the United Conference Board's consumer confidence index rebounded in May. Similarly, the University of Michigan's consumer sentiment index came in better than expected last month. At this stage, it will be prudent to invest in stocks with a favorable Zacks Rank that have momentum in June. Five such stocks are: CyberArk Software Ltd. CYBR, Kinross Gold Corp. KGC, NatWest Group plc NWG, Ryanair Holdings plc RYAAY and Paylocity Holding Corp. PCTY. Each of the stocks sports a Zacks Rank #1 (Strong Buy) at present and has a Zacks Momentum Score of A. You can see the complete list of today's Zacks #1 Rank stocks here. The chart below shows the price performance of our five picks in the past month. Image Source: Zacks Investment Research CyberArk Software is benefiting from the rising demand for cybersecurity and privileged access security solutions due to the long list of data breaches and increasing digital transformation strategies. A strong presence across verticals, such as banking, healthcare, government and utilities, is safeguarding CYBR from the adverse effects of softening IT spending. CYBR's strategic mix shift toward software-as-a-service and subscription-based solutions is driving top-line growth. CyberArk is gaining customer accounts, which contributes to its revenues. The vast customer base presents the company with an opportunity to upsell products within its installed user base. Furthermore, in the last few quarters, CYBR has been able to close a significant number of seven-figure deals. The growing number of large deals in the revenue mix is helpful as it increases deferred revenues and visibility. Moreover, any product refresh brings in additional dollars as every enterprise attempts to keep its threat management infrastructure updated. These factors in turn support CYBR's top line. CyberArk Software has an expected revenue and earnings growth rate of 31.9% and 25.1%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3.6% in the last 30 days. Kinross Gold has a strong production profile and boasts a promising pipeline of exploration and development projects. These projects are expected to boost production and cash flow and deliver significant value. KGC is focusing on organic growth through its Tasiast mine, where the Phase One expansion boosted production capacity, and the Tasiast 24K expansion increased throughput and production. KGC's Manh Choh project at Fort Knox is expected to extend operations and benefit from higher gold prices. The Great Bear project in Ontario also offers a promising long-term opportunity with substantial gold resources. Higher gold prices should also boost KGC's profitability and drive cash flow generation. Kinross Gold has an expected revenue and earnings growth rate of 15.3% and 63.2%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.8% over the last seven days. NatWest Group provides banking and financial products and services to personal, commercial, corporate and institutional customers in the United Kingdom and internationally. NWG operates through the Retail Banking, Private Banking, and Commercial & Institutional segments. NWG provides personal and business banking, consumer loans, asset and invoice finances, commercial and residential mortgages, credit cards and financial planning services, as well as life, personal and income protection insurance. NatWest Group has an expected revenue and earnings growth rate of 20.1% and 17.3%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 6.8% over the last 30 days. Ryanair Holdings provides scheduled-passenger airline services in Ireland, the United Kingdom, Spain, Italy, and internationally. RYAAY's measures to expand its fleet, to cater to rising travel demand, look encouraging. RYAAY's top line continues to benefit from the resurgent travel scenario. The carrier flew more than 200 million passengers in its fiscal year ending March 2025, becoming the first European carrier to do so in a year. RYAAY's measures to expand its fleet, to cater to the rising travel demand, look encouraging. RYAAY is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise, and markets car hire, travel insurance, and accommodation services through its website and mobile app. Ryanair Holdings has an expected revenue and earnings growth rate of 10.4% and 30.5%, respectively, for the current year (ending March 2025). The Zacks Consensus Estimate for current-year earnings has improved 2% over the last 30 days. Paylocity Holding's third-quarter fiscal 2025 revenues benefited from an innovative product portfolio. PCTY's growth is driven by its comprehensive suite of cloud-based Human Capital Management and payroll software solutions tailored for mid-sized businesses. Solid investment in research and development has led to strong product differentiation, enhancing PCTY's competitive position in the market. PCTY's recurring revenue model, which provides financial stability and predictability, is driven by high client satisfaction and low churn rates, reflecting its commitment to delivering value to its customers. For fiscal 2025, PCTY projects total revenues between $1.58 billion and $1.585 billion, implying 13% growth from the year-ago quarter's actual. Paylocity Holding has an expected revenue and earnings growth rate of 12.9% and 6.7%, respectively, for the current year (ending June 2025). The Zacks Consensus Estimate for current-year earnings has improved 5.4% over the last 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report Kinross Gold Corporation (KGC) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Paylocity Holding Corporation (PCTY) : Free Stock Analysis Report NatWest Group plc (NWG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
14-05-2025
- Business
- Business Insider
Analysts Offer Insights on Technology Companies: CyberArk Software (CYBR), Workday (WDAY) and Pagseguro Digital (PAGS)
Analysts have been eager to weigh in on the Technology sector with new ratings on CyberArk Software (CYBR – Research Report), Workday (WDAY – Research Report) and Pagseguro Digital (PAGS – Research Report). Confident Investing Starts Here: CyberArk Software (CYBR) Wells Fargo analyst Andrew Nowinski reiterated a Buy rating on CyberArk Software yesterday and set a price target of $500.00. The company's shares closed last Tuesday at $361.29. According to Nowinski is a 5-star analyst with an average return of 15.9% and a 54.9% success rate. Nowinski covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Tenable Holdings, and SailPoint, Inc. The word on The Street in general, suggests a Strong Buy analyst consensus rating for CyberArk Software with a $447.48 average price target, representing a 25.5% upside. In a report issued on May 7, Robert W. Baird also maintained a Buy rating on the stock with a $450.00 price target. Workday (WDAY) Wells Fargo analyst Michael Turrin maintained a Buy rating on Workday yesterday and set a price target of $325.00. The company's shares closed last Tuesday at $270.02. According to Turrin is a 1-star analyst with an average return of -0.6% and a 50.4% success rate. Turrin covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, ServiceTitan, Inc. Class A, and Zoom Video Communications. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Workday with a $303.86 average price target, which is a 13.9% upside from current levels. In a report issued on May 5, Westpark Capital also initiated coverage with a Buy rating on the stock with a $315.00 price target. Pagseguro Digital (PAGS) In a report released yesterday, Yuri Fernandes from J.P. Morgan maintained a Hold rating on Pagseguro Digital. The company's shares closed last Tuesday at $9.87. According to Fernandes is a 4-star analyst with an average return of 8.2% and a 70.3% success rate. Fernandes covers the Financial sector, focusing on stocks such as Intercorp Financial Services, Grupo Financiero Galicia SA, and Nu Holdings. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pagseguro Digital with a $12.00 average price target.
Yahoo
14-05-2025
- Business
- Yahoo
CyberArk Software (NasdaqGS:CYBR) Announces Q1 Earnings With Revenue Up To US$318 Million
CyberArk Software recently reported its first-quarter 2025 earnings, showcasing a significant 43% increase in revenue to $317.6 million and a doubling of net income to $11.46 million. This impressive financial performance, underscored by increased earnings per share, aligns with the company's 3.4% share price rise over the past month. While this was in line with the broader market increase of 3.9%, CyberArk's positive earnings results and the release of the 2025 Identity Security Landscape Report likely added weight to its strong performance by reinforcing confidence in its strategic direction. CyberArk Software has 1 possible red flag we think you should know about. Rare earth metals are the new gold rush. Find out which 23 stocks are leading the charge. The recent earnings report highlights CyberArk's capacity to enhance its financial stature with a 43% revenue surge to US$317.6 million and a doubling of net income to US$11.46 million. These results may reinforce the narrative of growth fueled by its acquisitions and strength in the AI-driven identity security sector. The company's integration of Venafi and Zilla Security suggests continued revenue enhancement and cross-selling potential, pivotal for sustained competitive positioning. Over the past five years, CyberArk's total shareholder return surged by 276.07%. This longer-term performance reflects its ability to adapt and grow within its industry, despite being currently unprofitable. Over the last year, the company outperformed the US Software industry with a return exceeding 17.8%. This aligns with a confidence in its strategic direction, supported by a market expectation of future profitability and revenue growth. However, the company's current challenges in achieving set earnings targets might influence its valuation. Given the company's recent share price of US$352.67, the movement aligns with analysts' forecasts, suggesting a potential appreciation toward the consensus price target of US$435.17. This target implies a 19% upside potential, contingent on meeting aggressive revenue and earnings forecasts. The integration benefits and market expansion possibilities could drive meeting this target, assuming effective management of risks associated with acquisitions and market complexities. The company's current valuation seems high, with its Price-To-Sales ratio exceeding industry norms, highlighting the importance of realizing expected financial improvements. Navigate through the intricacies of CyberArk Software with our comprehensive balance sheet health report here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:CYBR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Washington Post
13-05-2025
- Business
- Washington Post
CyberArk: Q1 Earnings Snapshot
PETACH-TIKVA, Israel — PETACH-TIKVA, Israel — CyberArk Software Ltd. (CYBR) on Tuesday reported first-quarter net income of $11.5 million. On a per-share basis, the Petach-Tikva, Israel-based company said it had profit of 22 cents. Earnings, adjusted for one-time gains and costs, came to 98 cents per share. The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.
Yahoo
03-04-2025
- Business
- Yahoo
CyberArk Software (NasdaqGS:CYBR) Gains SOC 2 Compliance For Secure Browser Innovation
CyberArk Software saw a 3% increase in its share price over the last quarter, potentially influenced by the achievement of SOC 2 Type 2 compliance for its CyberArk Secure Browser on April 2, which underlines its commitment to data protection. This announcement aligns with market trends where tech companies bolster security measures amid volatile markets impacted by the U.S. Government's tariffs. Despite a backdrop of declining markets, highlighted by a 4.7% drop in the Nasdaq due to trade tensions, CyberArk's developments possibly provided some investor confidence, contributing to its positive performance during a challenging quarter. Buy, Hold or Sell CyberArk Software? View our complete analysis and fair value estimate and you decide. Uncover the next big thing with financially sound penny stocks that balance risk and reward. The last five years have seen CyberArk's total return, inclusive of share price and dividends, rise by a significant 300.38%. This performance illustrates robust growth in investment value despite the challenges faced over the period. In contrast, over the past year, CyberArk has surpassed both the US Software industry's -0.3% return and the wider US market's 8.4% return. Critical to this growth were strategic acquisitions like those of Venafi and Zilla Security, enhancing their AI-driven identity solutions and offering cross-selling opportunities. Additionally, CyberArk's commitment to broadening its product offerings was evident with the launch of solutions such as the CyberArk Identity Bridge. Enhancements were also seen in security through achieving SOC 2 Type 2 compliance for its Secure Browser, and new partnerships, like with Device Authority, focused on strengthening authentication. These developments, alongside a promising revenue growth forecast for 2025, underscore the company's focus on innovation within identity security solutions. Navigate through the intricacies of CyberArk Software with our comprehensive balance sheet health report here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:CYBR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
