FireEye has received an averagerating of “Buy” from the twenty-two analysts that are covering the stock, Analyst Ratings.Net reports. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $54.72.
In other FireEye news, SVP Bahman Mahbod sold 49,677 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $37.75, for a total transaction of $1,875,306.75. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of FireEye traded up 0.76% during mid-day trading on Thursday, hitting $38.42. 973,932 shares of the company’s stock traded hands. FireEye has a 52-week low of $25.58 and a 52-week high of $97.35. The stock’s 50-day moving average is $33.1 and its 200-day moving average is $53.23. The company’s market cap is $5.574 billion.
FireEye last announced its earnings results on Tuesday, May 6th. The company reported ($0.53) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.53). The company had revenue of $74.00 million for the quarter, compared to the consensus estimate of $71.65 million. The company’s revenue for the quarter was up 160.6% on a year-over-year basis. Analysts expect that FireEye will post $-2.22 EPS for the current fiscal year.
This article has been extracted from http://www.watchlistnews.com, please click on this link to read the article in full http://www.watchlistnews.com/fireeye-receives-consensus-rating-of-buy-from-brokerages-nasdaqfeye/45382/
Montash is a multi-award winning, global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:
ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.
With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.