Finally, Evercore ISI set a $20.00 price objective on FireEye and gave the stock a "buy" rating in a report on Sunday, October 15th. The brokerage now has a buy rating on the information security company's stock.
2/9/2018-Susquehanna Bancshares Upgrade from a "Neutral " rating to a " Positive" rating. Analyst's mean target price for FEYE is $17.09 while analysts mean recommendation is 2.40. Stephens reiterated a "buy" rating and issued a $23.00 target price on shares of FireEye in a report on Friday. Morgan Stanley raised FireEye from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $13.00 to $19.00 in a research report on Thursday, September 7th. Wedbush reiterated a "positive" rating and issued a $14.12 target price (down from $16.00) on shares of FireEye in a report on Friday.
A number of equities analysts have commented on the stock. 2017, FireEye, Inc. (FEYE) delivered a 1.74% surprise with its net revenue. The biggest holder now is Mr. David G. Dewalt who owns 4,336,947 shares (2.35% of those outstanding), whilst Mr. Kevin R. Mandia holds 2,742,775 (1.49% of shares outstanding) and Michael J. Sheridan holds 1,157,910 (0.63% of shares outstanding). The firm has a market cap of $2,850.00, a P/E ratio of -9.03 and a beta of 0.57.
The company reported a profit of 1 cent per share for the fourth quarter ended December 31, compared with analysts' average estimate of a net loss of 1 cent. FireEye had a negative return on equity of 24.59% and a negative net margin of 40.43%.
Looking forward, for the quarter ending Mar-18, 21 analysts have a mean sales target of 186.74 million.
The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -6.69%, and has a solid year to date (YTD) performance of -0.56% which means that the stock is constantly adding to its value from the previous fiscal year end price. On an adjusted basis, FireEye earned a profit of a penny a share, topping the year-ago loss of three cents per share.
In other news, Director Ronald E.F. Codd sold 6,767 shares of the business's stock in a transaction that occurred on Thursday, November 16th.
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. Following the transaction, the director now owns 7,099 shares of the company's stock, valued at $96,333.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Additionally, according to the most recent 13F filing from FireEye, Inc.
Fireeye Inc (NASDAQ:FEYE) as of current trade, has shown weekly performance of -6.24% which was maintained at -3.95% in one month period. Verition Fund Management LLC increased its position in FireEye by 3.8% in the 2nd quarter. Exane Derivatives purchased a new position in FireEye during the third quarter worth about $168,000. Finally, WFG Advisors LP lifted its position in shares of FireEye by 2.3% during the 1st quarter. Virtu Financial LLC raised its holdings in shares of FireEye by 29.0% in the 4th quarter.
In the past 52-week period, shares of FireEye, Inc.
Mandia said that FireEye's endpoint protection, threat intelligence and Mandiant services arms all had their best ever quarters and singled out the channel as playing a key role in the improved financial performance. According to today's trading volume FireEye, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.