FireEye Inc. [FEYE] Revenue clocked in at $928.20 million, down -5.90% YTD: What’s Next?

FireEye Inc. [NASDAQ: FEYE] stock went on an upward path that rose over 0.51% on Tuesday, amounting to a one-week price increase of more than 0.18%. The company report on February 3, 2021 that FireEye Reports Financial Results for Fourth Quarter and Full Year 2020.

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Record revenue, annualized recurring revenue, non-GAAP operating income and operating cash flow for fourth quarter and full year 20201,2.

Revenue of $248 million, an increase of 5 percent from the fourth quarter of 2019.

Over the last 12 months, FEYE stock rose by 36.05%. The one-year FireEye Inc. stock forecast points to a potential downside of -9.65. The average equity rating for FEYE stock is currently 2.50, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $5.02 billion, with 224.81 million shares outstanding and 224.37 million shares in the current float. Compared to the average trading volume of 8.93M shares, FEYE stock reached a trading volume of 8062954 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $19.79 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 2.50. 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.

Truist have made an estimate for FireEye Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 21, 2020. The new note on the price target was released on November 20, 2020, representing the official price target for FireEye Inc. stock. Previously, the target price had yet another raise from $12.50 to $15, while BMO Capital Markets kept a Market Perform rating on FEYE stock.

The Average True Range (ATR) for FireEye Inc. is set at 1.31, with the Price to Sales ratio for FEYE stock in the period of the last 12 months amounting to 5.41. The Price to Book ratio for the last quarter was 7.36, with the Price to Cash per share for the same quarter was set at 4.07. Price to Free Cash Flow for FEYE in the course of the last twelve months was 148.48 with Quick ratio for the last quarter at 1.70.

FEYE Stock Performance Analysis:

FireEye Inc. [FEYE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.18. With this latest performance, FEYE shares dropped by -5.90% in over the last four-week period, additionally plugging by 44.52% over the last 6 months – not to mention a rise of 36.05% 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 54.46, with the RSI for the last a single of trading hit 50.04, and the three-weeks RSI is set at 57.34 for FireEye Inc. [FEYE]. The present Moving Average for the last 50 days of trading for this stock 19.19, while it was recorded at 21.36 for the last single week of trading, and 14.67 for the last 200 days.

Insight into FireEye Inc. Fundamentals:

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.

FEYE Stock EPS

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 -0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 50.00%. 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.

FireEye Inc. [FEYE] Insider Position Details

There are presently around $3,895 million, or 90.00% of FEYE stock, in the hands of institutional investors. The top three institutional holders of FEYE stocks are: VANGUARD GROUP INC with ownership of 20,094,555, which is approximately 0.442% of the company’s market cap and around 2.00% of the total institutional ownership; CLEARBRIDGE INVESTMENTS, LLC, holding 15,420,667 shares of the stock with an approximate value of $334.63 million in FEYE stocks shares; and SHAPIRO CAPITAL MANAGEMENT LLC, currently with $318.89 million in FEYE stock with ownership of nearly -2.117% of the company’s market capitalization.

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Positions in FireEye Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 153 institutional holders increased their position in FireEye Inc. [NASDAQ:FEYE] by around 23,501,306 shares. Additionally, 145 investors decreased positions by around 17,377,609 shares, while 49 investors held positions by with 138,621,156 shares. The mentioned changes placed institutional holdings at 179,500,071 shares, according to the latest SEC report filing. FEYE stock had 59 new institutional investments in for a total of 4,584,136 shares, while 43 institutional investors sold positions of 4,167,357 shares during the same period.

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