CyberArk (CYBR) Outperforms Broader Market: What You Need to Know

Company Performance - CyberArk (CYBR) closed at $485.95, with a daily increase of +1.21%, outperforming the S&P 500's gain of 0.48% [1] - Over the past month, CyberArk's shares have appreciated by 9.45%, surpassing the Computer and Technology sector's gain of 5.46% and the S&P 500's gain of 2.46% [2] Financial Projections - CyberArk is projected to report earnings of $0.93 per share, reflecting a year-over-year decline of 1.06%, with expected revenue of $327 million, up 36.19% from the prior-year quarter [3] - For the entire fiscal year, earnings are estimated at $3.87 per share and revenue at $1.32 billion, indicating increases of +27.72% and +32.39% respectively from the previous year [4] Analyst Estimates and Rankings - Recent changes to analyst estimates for CyberArk indicate a shifting business landscape, with positive revisions suggesting optimism about the company's outlook [4] - The Zacks Rank system currently rates CyberArk at 3 (Hold), with a recent 6.19% decrease in the consensus EPS estimate over the last 30 days [6] Valuation Metrics - CyberArk has a Forward P/E ratio of 124.17, which is a premium compared to the industry average Forward P/E of 65.2 [7] - The company has a PEG ratio of 5.11, significantly higher than the Security industry's average PEG ratio of 2.7 [7] Industry Context - The Security industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 52, placing it in the top 22% of over 250 industries [8]