Where are CyberArk Software Ltd. (NASDAQ:CYBR) Shares Headed?

Shares of CyberArk Software Ltd. (NASDAQ:CYBR) has been given a current consensus target price of $58.363. This number is compiled using analysts taken into consideration by Zacks Research. The analyst with the most aggressive target price sees the stock reaching $62. The lowest target is predicting shares to reach 51. Target prices might vary from analyst to analyst.  

Analysts may choose to use stock price resistance and support levels to help evaluate a stock. Zacks research also compiles recommendations from sell-side analysts covering the company. Using information given by various analysts, Zacks Research has shares of CyberArk Software Ltd. with an ABR of 1.44. This number is based on a numerical scale from 1 to 5. Following this scale, a 1 would indicate a Strong Buy while a 5 would indicate a Strong Sell.

We can also take a look at some company earnings per share or EPS information. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a certain company. EPS is widely considered to be one of the most important factors when evaluating the price of a share. A Zacks consensus currently shows Street analysts projecting the company to post per share earnings of $0.25. For the period ending 2016-09-30, CyberArk Software Ltd. reported actual EPS of $2016-09-30. This number was $0.04 away from analyst predictions, providing a surprise factor of 22.22%. The company is expected to next release earnings on or around 2017-02-09.

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