News headlines about FireEye (NASDAQ:FEYE) have trended somewhat negative on Saturday, Accern reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. FireEye earned a news impact score of -0.12 on Accern’s scale. Accern also assigned news headlines about the information security company an impact score of 44.1967925049918 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Pro-Trader Daily: Earnings Review and Free Research Report: FireEye Announced Better Q2 Results, Beating its Own Earnings Estimates (finanznachrichten.de)
- FireEye Inc : Earnings Review and Free Research Report: FireEye Announced Better Q2 Results, Beating its Own Earnings Estimates (4-traders.com)
- Is FireEye (FEYE) a Great Growth Stock? (finance.yahoo.com)
- FireEye, Inc. (NASDAQ:FEYE) Stock Closed Well Below Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- Is FireEye (FEYE) A Great Growth Stock? – Investing.com (investing.com)
Several equities analysts recently weighed in on FEYE shares. Barclays PLC reaffirmed an “equal weight” rating and issued a $14.00 price objective (up from $10.00) on shares of FireEye in a research note on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $17.00 price target (up previously from $15.00) on shares of FireEye in a research report on Wednesday, May 3rd. BidaskClub downgraded FireEye from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 2nd. Wedbush raised their price objective on FireEye from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, May 3rd. Finally, Evercore ISI restated a “buy” rating and set a $16.00 price objective (up previously from $14.00) on shares of FireEye in a report on Wednesday, May 3rd. Two research analysts have rated the stock with a sell rating, twenty have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $15.97.
FireEye (FEYE) opened at 13.98 on Friday. FireEye has a 52 week low of $10.35 and a 52 week high of $16.40. The firm has a 50-day moving average price of $14.96 and a 200-day moving average price of $13.56. The firm’s market capitalization is $2.55 billion.
FireEye (NASDAQ:FEYE) last posted its quarterly earnings data on Tuesday, August 1st. The information security company reported ($0.26) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.39) by $0.13. The company had revenue of $185.50 million during the quarter, compared to analyst estimates of $176.39 million. FireEye had a negative net margin of 46.37% and a negative return on equity of 26.21%. The company’s revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.33) earnings per share. Equities analysts forecast that FireEye will post ($0.21) EPS for the current year.
In other news, EVP Alexa King sold 69,884 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $14.46, for a total transaction of $1,010,522.64. Following the completion of the sale, the executive vice president now owns 428,733 shares of the company’s stock, valued at $6,199,479.18. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 2.40% of the company’s stock.
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FireEye Company Profile
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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