Wednesday, September 30, 2020

BMO Capital Markets lifts FireEye Inc. [FEYE] price estimate. Who else is bullish?

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FireEye Inc. [NASDAQ: FEYE] gained 1.02% on the last trading session, reaching $12.92 price per share at the time. The company report on September 9, 2020 that FireEye Announces Participation in Upcoming Investor Conference.

FireEye, Inc. (NASDAQ: FEYE), the intelligence-led security company, today announced participation in an upcoming investor conference.

The above presentation will be webcast. Links to live and archived webcasts are available on the investor relations section of the company’s website at http://investors.fireeye.com/events.cfm.

FireEye Inc. represents 221.35 million in outstanding shares, while the company has a total market value of $3.05 billion with the latest information. FEYE stock price has been found in the range of $12.79 to $13.15.

If compared to the average trading volume of 4.73M shares, FEYE reached a trading volume of 3216898 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about FireEye Inc. [FEYE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FEYE shares is $14.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FEYE stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BMO Capital Markets have made an estimate for FireEye Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on July 29, 2020. The new note on the price target was released on March 05, 2020, representing the official price target for FireEye Inc. stock. On January 07, 2020, analysts increased their price target for FEYE shares from 19 to 22.

The Average True Range (ATR) for FireEye Inc. is set at 0.54, with the Price to Sales ratio for FEYE stock in the period of the last 12 months amounting to 3.33. The Price to Book ratio for the last quarter was 4.34, with the Price to Cash per share for the same quarter was set at 3.88. Price to Free Cash Flow for FEYE in the course of the last twelve months was 229.09 with Quick ratio for the last quarter at 1.70.

Trading performance analysis for FEYE stock

FireEye Inc. [FEYE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.98. With this latest performance, FEYE shares dropped by -19.12% in over the last four-week period, additionally plugging by 9.03% over the last 6 months – not to mention a drop of -6.78% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FEYE stock in for the last two-week period is set at 36.54, with the RSI for the last a single of trading hit 27.70, and the three-weeks RSI is set at 40.43 for FireEye Inc. [FEYE]. The present Moving Average for the last 50 days of trading for this stock 13.96, while it was recorded at 13.65 for the last single week of trading, and 13.69 for the last 200 days.

FireEye Inc. [FEYE]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and FireEye Inc. [FEYE] shares currently have an operating margin of -22.47 and a Gross Margin at +63.43. FireEye Inc.’s Net Margin is presently recorded at -28.95.

Return on Total Capital for FEYE is now -11.70, given the latest momentum, and Return on Invested Capital for the company is -15.70. Return on Equity for this stock declined to -38.08, with Return on Assets sitting at -9.22. When it comes to the capital structure of this company, FireEye Inc. [FEYE] has a Total Debt to Total Equity ratio set at 156.70. Additionally, FEYE Total Debt to Total Capital is recorded at 61.04, with Total Debt to Total Assets ending up at 38.04. Long-Term Debt to Equity for the company is recorded at 137.35, with the Long-Term Debt to Total Capital now at 53.51.

Reflecting on the efficiency of the workforce at the company, FireEye Inc. [FEYE] managed to generate an average of -$75,709 per employee. Receivables Turnover for the company is 5.40 with a Total Asset Turnover recorded at a value of 0.32.FireEye Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.70.

FireEye Inc. [FEYE]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, FireEye Inc. posted 0.02/share EPS, while the average EPS was predicted by analysts to be reported at 0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 100.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FEYE.

An analysis of insider ownership at FireEye Inc. [FEYE]

There are presently around $2,247 million, or 77.90% of FEYE stock, in the hands of institutional investors. The top three institutional holders of FEYE stocks are: VANGUARD GROUP INC with ownership of 20,006,077, which is approximately 1.604% of the company’s market cap and around 2.30% of the total institutional ownership; CLEARBRIDGE INVESTMENTS, LLC, holding 15,908,887 shares of the stock with an approximate value of $205.54 million in FEYE stocks shares; and SHAPIRO CAPITAL MANAGEMENT LLC, currently with $193.97 million in FEYE stock with ownership of nearly -0.159% of the company’s market capitalization.

Positions in FireEye Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 150 institutional holders increased their position in FireEye Inc. [NASDAQ:FEYE] by around 22,336,726 shares. Additionally, 148 investors decreased positions by around 13,973,128 shares, while 49 investors held positions by with 137,637,360 shares. The mentioned changes placed institutional holdings at 173,947,214 shares, according to the latest SEC report filing. FEYE stock had 48 new institutional investments in for a total of 3,290,090 shares, while 51 institutional investors sold positions of 3,145,379 shares during the same period.

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