FireEye Inc. [NASDAQ: FEYE] traded at a low on 04/27/21, posting a -0.53 loss after which it closed the day’ session at $20.79. The company report on April 28, 2021 that FireEye Reports Financial Results for First Quarter 2021.
Revenue of $246 million, an increase of 10 percent from the first quarter of 2020.
Record annualized recurring revenue of $643 million, an increase of 9 percent from the first quarter of 20201.
The results of the trading session contributed to over 6471694 shares changing hands. Over the past one week, the price volatility of FireEye Inc. stands at 2.68% while the volatility over the past one month is 3.11%.
The market cap for FEYE stock reached $4.92 billion, with 229.25 million shares outstanding and 224.46 million shares in the current float. Compared to the average trading volume of 4.44M shares, FEYE reached a trading volume of 6471694 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $22.58 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 2.40. 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.
BofA Securities have made an estimate for FireEye Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 04, 2021. The new note on the price target was released on December 21, 2020, representing the official price target for FireEye Inc. stock. Previously, the target price had yet another raise to $17, while Barclays analysts kept a Underweight rating on FEYE stock. On July 29, 2020, analysts increased their price target for FEYE shares from 12.50 to 15.
The Average True Range (ATR) for FireEye Inc. is set at 0.67, with the Price to Sales ratio for FEYE stock in the period of the last 12 months amounting to 5.23. The Price to Book ratio for the last quarter was 6.50, with the Price to Cash per share for the same quarter was set at 5.50. Price to Free Cash Flow for FEYE in the course of the last twelve months was 71.70 with Quick ratio for the last quarter at 2.10.
How has FEYE stock performed recently?
FireEye Inc. [FEYE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.47. With this latest performance, FEYE shares gained by 5.69% in over the last four-week period, additionally plugging by 46.00% over the last 6 months – not to mention a rise of 80.47% 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 56.76, with the RSI for the last a single of trading hit 60.28, and the three-weeks RSI is set at 54.64 for FireEye Inc. [FEYE]. The present Moving Average for the last 50 days of trading for this stock 20.08, while it was recorded at 20.41 for the last single week of trading, and 17.07 for the last 200 days.
FireEye Inc. [FEYE]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and FireEye Inc. [FEYE] shares currently have an operating margin of -13.63 and a Gross Margin at +62.66. FireEye Inc.’s Net Margin is presently recorded at -22.04.
Return on Total Capital for FEYE is now -6.49, given the latest momentum, and Return on Invested Capital for the company is -10.90. Return on Equity for this stock declined to -22.59, with Return on Assets sitting at -6.76. When it comes to the capital structure of this company, FireEye Inc. [FEYE] has a Total Debt to Total Equity ratio set at 89.87. Additionally, FEYE Total Debt to Total Capital is recorded at 47.33, with Total Debt to Total Assets ending up at 31.40. Long-Term Debt to Equity for the company is recorded at 136.87, with the Long-Term Debt to Total Capital now at 46.59.
Reflecting on the efficiency of the workforce at the company, FireEye Inc. [FEYE] managed to generate an average of -$60,971 per employee. Receivables Turnover for the company is 5.79 with a Total Asset Turnover recorded at a value of 0.31.FireEye Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.10.
Earnings analysis for FireEye Inc. [FEYE]
With the latest financial reports released by the company, FireEye Inc. posted 0.09/share EPS, while the average EPS was predicted by analysts to be reported at -0.02/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 550.00%. 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.
Insider trade positions for FireEye Inc. [FEYE]
There are presently around $4,087 million, or 92.30% of FEYE stock, in the hands of institutional investors. The top three institutional holders of FEYE stocks are: VANGUARD GROUP INC with ownership of 20,705,540, which is approximately 3.041% of the company’s market cap and around 2.20% of the total institutional ownership; ALLIANZ ASSET MANAGEMENT GMBH, holding 15,792,409 shares of the stock with an approximate value of $328.32 million in FEYE stocks shares; and CLEARBRIDGE INVESTMENTS, LLC, currently with $302.23 million in FEYE stock with ownership of nearly -5.729% of the company’s market capitalization.
Positions in FireEye Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 169 institutional holders increased their position in FireEye Inc. [NASDAQ:FEYE] by around 39,662,816 shares. Additionally, 159 investors decreased positions by around 25,784,409 shares, while 57 investors held positions by with 131,144,322 shares. The mentioned changes placed institutional holdings at 196,591,547 shares, according to the latest SEC report filing. FEYE stock had 78 new institutional investments in for a total of 12,024,809 shares, while 45 institutional investors sold positions of 6,017,937 shares during the same period.