CyberArk Software(US:CYBR) Zacks Investment Research·2024-05-07 14:01Core Viewpoint - CyberArk (CYBR) has experienced a decline of -9.1% in stock price over the past month, contrasting with the S&P 500's -0.4% change, and the IT Services industry has lost 4.5% during the same period, raising questions about the stock's near-term performance [1] Earnings Estimate Revisions - The consensus earnings estimate for CyberArk is projected at $0.30 per share for the current quarter, reflecting a year-over-year increase of +900% [3] - For the current fiscal year, the consensus earnings estimate is $1.83, indicating a +63.4% change from the previous year [3] - The next fiscal year's consensus earnings estimate stands at $3.30, suggesting an +80.5% change compared to the prior year [3] - The Zacks Rank for CyberArk is 3 (Hold), based on recent changes in earnings estimates and other related factors [3] Revenue Growth Potential - The consensus sales estimate for the current quarter is $219.15 million, representing a year-over-year increase of +24.6% [6] - For the current fiscal year, the sales estimate is $933.76 million, indicating a +24.2% change, while the next fiscal year's estimate is $1.14 billion, reflecting a +22% change [6] Last Reported Results and Surprise History - CyberArk reported revenues of $221.55 million in the last quarter, a +37% year-over-year increase, and an EPS of $0.75 compared to -$0.17 a year ago [7] - The reported revenues exceeded the Zacks Consensus Estimate of $213.42 million by +3.81%, and the EPS surprise was +177.78% [7] - The company has consistently beaten consensus EPS and revenue estimates over the last four quarters [7] Valuation - CyberArk is graded F in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [10] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [8][9]