News articles about FireEye (NASDAQ:FEYE) have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FireEye earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the information security company an impact score of 45.4583950233616 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Focus on Momentum Mover: FireEye, Inc. (FEYE) – Wall Street Morning (wallstreetmorning.com)
- FireEye's Innovation Engine Just Got Better (finance.yahoo.com)
- Reading Analyst Stock Recommendation:: FireEye, Inc. (FEYE) – Nasdaq Chronicle (nasdaqchronicle.com)
- One Low Risky Stock to Own In 2018: FireEye, Inc. (FEYE) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Alibaba Pops on Possible China Listing; Cyber Security Deal Buzz Ramps — ICYMI (finance.yahoo.com)
A number of research firms have commented on FEYE. Barclays boosted their price target on shares of FireEye from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Friday, February 9th. First Analysis upgraded shares of FireEye from an “equal weight” rating to an “overweight” rating and set a $20.00 price objective for the company in a report on Friday, March 2nd. Evercore ISI restated a “buy” rating and issued a $20.00 price objective on shares of FireEye in a report on Thursday, March 1st. Susquehanna Bancshares upgraded shares of FireEye from a “neutral” rating to a “positive” rating in a report on Friday, February 9th. Finally, BidaskClub upgraded shares of FireEye from a “sell” rating to a “hold” rating in a report on Wednesday, February 14th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $18.17.
Shares of FEYE stock opened at $17.58 on Wednesday. FireEye has a 1-year low of $11.18 and a 1-year high of $18.84. The company has a current ratio of 1.93, a quick ratio of 1.92 and a debt-to-equity ratio of 1.05. The company has a market cap of $3,402.39, a price-to-earnings ratio of -10.28 and a beta of 0.42.
FireEye (NASDAQ:FEYE) last posted its quarterly earnings results on Thursday, February 8th. The information security company reported $0.01 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.02. FireEye had a negative net margin of 40.43% and a negative return on equity of 24.93%. The company had revenue of $202.30 million during the quarter, compared to analyst estimates of $193.74 million. During the same period in the prior year, the business posted ($0.03) EPS. The firm’s revenue was up 9.5% compared to the same quarter last year. equities analysts anticipate that FireEye will post -0.83 earnings per share for the current fiscal year.
In other FireEye news, President Travis M. Reese sold 74,962 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $16.20, for a total value of $1,214,384.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Travis M. Reese sold 100,000 shares of the company’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of $17.50, for a total transaction of $1,750,000.00. Following the completion of the transaction, the president now owns 810,829 shares of the company’s stock, valued at $14,189,507.50. The disclosure for this sale can be found here. Insiders have sold a total of 478,215 shares of company stock valued at $7,889,025 over the last quarter. 2.40% of the stock is currently owned by company insiders.
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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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