Featured Stock Overview: FireEye, Inc. (NASDAQ:FEYE)
- Author: Ronnie Bowen Feb 05, 2017,
Feb 05, 2017, 1:40
TRUE Private Wealth Advisors increased its stake in FireEye by 6.3% in the third quarter. The number of shares now owned by investors are 171.1 mln. Now the company's dividend is at 1.48, whereas, the Dividend Yield stood at 4.93 Percent. Quantitative Systematic Strategies LLC purchased a new position in shares of FireEye during the second quarter valued at about $165,000.
Shares of FireEye (NASDAQ:FEYE) opened at 12.97 on Friday. (NASDAQ:FEYE) are 1%; 10.5% for the month; 13.17% for the last quarter; -25.28% for the past six-months; and -5.6% for the last 12 months. Institutional investors own 57.45% of the company's stock. Looking at the stock's movement on the chart, FireEye, Inc. recorded a 52-week high of $19.63. (NASDAQ:FEYE) traded down 1.72% during midday trading on Friday, hitting $12.60.
FireEye Inc closed down -0.4 points or -2.95% at $13.15 with 54,56,731 shares getting traded on Wednesday. The current price change puts the market capitalization at $2.25 bln. The stock has been active on the tape, now trading at $12.97, down from yesterday's close by -1.37%.
FireEye (NASDAQ:FEYE) last released its quarterly earnings data on Thursday, February 2nd.
In the current quarter, the company forecast revenue of $163 million at its midpoint of guidance vs. analysts' estimate of $176.6 million. The Company showed a positive 16.70% in the net profit margin.
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FireEye, which provides web, email and malware security to businesses and governments, said its revenue fell slightly to $184.7 million in the fourth quarter ended December 31, from $184.8 million a year earlier.
The company reported its EPS on 11/03/2016. FireEye, Inc. represents Distance from 200-Day simple Moving Average as -9.22 Percent. This rating was issued on 1/13/17. The average stock price target is $22.41 with 6 brokerages rating the stock a strong buy, 10 brokerages rating the stock a buy, 19 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Analysts on average had estimated billings of $240.3 million, according to FactSet. Deutsche Bank AG restated a "hold" rating on shares of FireEye in a report on Saturday, October 15th. Analysts mean target price for FireEye, Inc.
According to TipRanks.com, Eyal is a top 100 analyst with an average return of 10.6% and a 61.4% success rate. The company has an average rating of "Hold" and a consensus price target of $17.54. Goldman Sachs Downgrades the stock to Sell on 11/22/16 by stationing a price target of $11. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. FEYE's seven period stock performance has resulted in shares rising by a 1% and sporting a -5.6% return over the last 12 months. The disclosure for this sale can be found here. Company's annual sales growth for the past five year was 13.50%. The Company's FireEye Threat Prevention platform provides real-time threat protection without the use of signatures to protect an organization across the primary threat vectors and across the various stages of an attack life cycle. The Company's cybersecurity solutions combine its purpose-built virtual-machine technology, threat intelligence and security in a suite of products and services.