FireEye, Inc. (NASDAQ:FEYE) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 19,460,000 shares, an increase of 25.3% from the March 31st total of 15,530,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.
FEYE stock traded down $0.35 during trading on Tuesday, hitting $19.55. 3,260,042 shares of the company traded hands, compared to its average volume of 4,974,024. The company has a market cap of $4.66 billion, a PE ratio of -19.74 and a beta of 1.26. FireEye has a 1 year low of $10.31 and a 1 year high of $25.53. The stock’s 50-day simple moving average is $20.06 and its 200 day simple moving average is $18.89. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.69 and a quick ratio of 1.68.
FireEye (NASDAQ:FEYE) last posted its quarterly earnings data on Tuesday, April 27th. The information security company reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.02. The business had revenue of $246.00 million during the quarter, compared to analysts’ expectations of $237.00 million. FireEye had a negative return on equity of 13.83% and a negative net margin of 23.48%. The business’s revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.02) earnings per share. Research analysts expect that FireEye will post -0.33 earnings per share for the current year.
Institutional investors have recently bought and sold shares of the company. Creative Financial Designs Inc. ADV increased its position in shares of FireEye by 650.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,500 shares of the information security company’s stock valued at $35,000 after buying an additional 1,300 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of FireEye in the fourth quarter valued at approximately $36,000. Tompkins Financial Corp purchased a new stake in shares of FireEye in the fourth quarter valued at approximately $46,000. Meeder Asset Management Inc. increased its position in shares of FireEye by 7,751.6% in the first quarter. Meeder Asset Management Inc. now owns 2,434 shares of the information security company’s stock valued at $47,000 after buying an additional 2,403 shares in the last quarter. Finally, Perigon Wealth Management LLC purchased a new stake in shares of FireEye in the fourth quarter valued at approximately $70,000. Institutional investors and hedge funds own 79.78% of the company’s stock.
A number of research firms recently commented on FEYE. Morgan Stanley lifted their target price on FireEye from $14.00 to $19.00 and gave the stock an “equal weight” rating in a report on Friday, January 8th. The Goldman Sachs Group lifted their target price on FireEye from $17.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, January 8th. Bank of America raised FireEye from a “neutral” rating to a “buy” rating and set a $27.00 target price for the company in a report on Thursday, February 4th. Barclays lifted their target price on FireEye from $21.00 to $22.00 and gave the stock an “underweight” rating in a report on Tuesday. Finally, Zacks Investment Research upgraded FireEye from a “sell” rating to a “hold” rating and set a $21.00 price target for the company in a research report on Tuesday, April 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $21.25.
FireEye, Inc provides intelligence-based cybersecurity solutions to prepare for, prevent, investigate, respond to, and remediate cyber-attacks in organizations. Its FireEye products include network, email, endpoint, and cloud security control products to detect and prevent threats; Dynamic Threat Intelligence Cloud, a bi-directional cloud-based service; Helix Security Operations Platform, a cloud-hosted security operations platform; Cloudvisory cloud security products; and customer support and maintenance services.
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