FireEye (FEYE) Given a $20.00 Price Target at Evercore ISI

Fire Eye shares were up 3.67
Fire Eye shares were up 3.67

11 February, 2018

As per Zacks simplified descending rating scale the ABR rank is displayed in the range of 1 to 5 where 1 represents Strong Buy and 5 a Strong Sell.

FEYE has been the subject of a number of other reports. KeyCorp reaffirmed a hold rating on shares of FireEye in a research note on Friday, October 27th. 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. Dougherty & Co upgraded FireEye from a neutral rating to a buy rating and set a $18.00 target price on the stock in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Verition Fund Management LLC now owns 12,769 shares of the information security company's stock valued at $194,000 after buying an additional 469 shares in the last quarter.

Shares of FireEye (NASDAQ:FEYE) traded up $1.32 during midday trading on Friday, reaching $15.44. Dimensional Fund Advisors LP now owns 216,202 shares of the information security company's stock valued at $3,289,000 after buying an additional 682 shares in the last quarter. FireEye Inc has a twelve month low of $10.35 and a twelve month high of $18.00. The company has a current ratio of 1.99, a quick ratio of 1.98 and a debt-to-equity ratio of 1.00. The company operates in the Technology sector with a market capitalization of 2.67 Million.

On an earnings call transcribed by Seeking Alpha, FireEye CEO Kevin Mandia said: "In February 2017 we said FireEye was committed to achieving non-GAAP operating profitability in the fourth quarter and a return to growth by the end of the year; I'm proud to tell you we accomplished what we said we would do". The company reported the earnings of $0.01/Share in the last quarter where the estimated EPS by analysts was $-0.01/share. FireEye had a negative return on equity of 23.71% and a negative net margin of 39.29%.

Man charged in drunken-driving crash that killed NFLer Jackson
Jackson and Monroe were standing outside the driver's vehicle before being hit by a pickup truck, according to police. He was convicted of driving under the influence in Redwood City, Calif., in 2005, Alberico said.

In case of Revenue Estimates, 21 analysts have provided their consensus Average Revenue Estimates for FireEye, 186.74 Million. And this is the first adjusted quarterly profit, for the "security-software company" in its history, and an increase from a loss of 3 cents a share a year ago.

While looking at the Stock's Performance, FireEye, Inc. now shows a Weekly Performance of -6.24%, where Monthly Performance is -3.95%, Quarterly performance is -2.35%, 6 Months performance is -0.63% and yearly performance percentage is 28.25%.

FireEye, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Codd Ronald E F has sold 6,767 shares of FireEye, Inc. Following the completion of the transaction, the director now directly owns 7,099 shares in the company, valued at $96,333.43. The Manufacturers Life Insurance Company grew its stake in FireEye by 30.0% in the second quarter. Private Advisor Group LLC lifted its position in shares of FireEye by 1.2% during the 1st quarter. Sigma Planning Corp lifted its position in shares of FireEye by 2.5% during the 2nd quarter. Finally, State of Alaska Department of Revenue bought a new stake in FireEye during the 4th quarter valued at $146,000. Migdal Insurance & Financial Holdings Ltd. now owns 9,134 shares of the information security company's stock valued at $141,000 after acquiring an additional 1,252 shares in the last quarter. UBS Asset Management Americas Inc. raised its holdings in shares of FireEye by 7.8% in the 4th quarter. The third largest holder is Blackrock Inc., which now holds $105.06 million worth of this stock and that ownership represents almost 3.93% of its market capitalization.

More news