FireEye, Inc. (NASDAQ:FEYE) is expected to post current fiscal quarter earnings per share of $-0.48 when the company releases earnings later today, according to the consensus analyst numbers.
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The analyst consensus price target for FireEye, Inc.
However, revenue jumped to $147.2 million from $94.5 million and the corporate raised its full-year revenue forecast for the second time this yr. This is down from average of 6.01M shares.
Analysts expect FireEye to report a loss of 46 cents a share for the quarter.
Out of 21 analysts covering FireEye, 14 rate it a Buy, 18 indicate a Hold while 0 suggest a Sell. The company has a market cap of $7,246 million and the number of outstanding shares have been calculated to be 156,330,000 shares. The firm has a 50 day moving average price of $49.53 and a 200-day moving average price of $43.32. The deal was revealed in a filing with the Securities & Trade Commission, which may be accessed through this hyperlink. The 1 year high for the share price is 55.33 United States dollars while the 52 week low for the share price is 24.81 USD.
The stock soared to a high of more than $97, turning its founder, momentarily, into a billionaire.
Our business continued to gain momentum in the second quarter as the power of our platform resulted in expansion of our customer base, new strategic partnerships, and additional cross-selling opportunities. The stock was sold at the average price of $49.23, for a total value of $9,276,605.82. Dougherty & Co initiated coverage on FireEye in a research report on Monday, July 13th. On a different note, the shares have seen 0.32% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0.79 million in upticks and an outflow of $3.86 million in downticks. During the same quarter in the previous year, the company posted ($0.53) EPS.
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FireEye, Inc. has a broker recommendation of 2.16. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. Its engineering strategy signifies a paradigm shift from how it (NASDAQ:FEYE) security was conducted since the first days of the it industry. In January 2014, FireEye, Inc. declared that it had obtained Mandiant. Its threat prevention appliance families address vectors of attack: Web, email, file, endpoint and mobile. The core of its purpose-built, virtual machine-based security platform is its virtual execution (MVX), engine, which identifies and protects against known and unknown threats that existing signature-based technologies are unable to detect.
