The trading activity of 1.18 Million shares climbed down over an average volume of 1.68 Million shares. The reported earnings missed the analyst's consensus by $0.00 with the surprise factor of 0.00%. Over the same time span, the stock notched a high price of US$194.73 and its minimum level reached was US$111.09. GG market capitalization is 13.92B with 10652 employees.
Palo Alto Networks, Inc.
CFO Steffan Tomlinson said the company's margins grew to 79.4 percent, netting $46.2 million in income for the quarter. The return on equity ratio or ROE stands at -38.1% while most common profitability ratio return on investment (ROI) was -14.7%. Following the completion of the transaction, the chief executive officer now directly owns 633,130 shares in the company, valued at $87,644,185.90.
Palo Alto Networks, Inc. has a 50 day moving average of 130.97 and a 200 day moving average of 137.93.
A number of FactSet analysts shared their views about the current stock momentum. The company said it had a profit of $0.50 Earnings per Share for the quarter.
Davidson also projects billings of $587.8 million, or an increase of 49% year-over-year, and earnings of 48 cents per share. 2 analysts call it Overweight, while 0 think it is Underweight.
Goldcorp Inc. (NYSE:GG) was upgraded by investment analysts at Vetr from a "buy" rating to a "strong-buy" rating in a note issued to investors on Wednesday.
SYSCO Corporation (NYSE:SYY) went up +0.58% during trading on 8/29/2016, hitting $52.59. (NASDAQ:GILD) traded 15.32 Million shares and was closed at 78.17. More than that, CyberArk is a member of the IBD 50 list of top-performing stocks over the past 12 months.
Currently, the stock carries a price to earnings ratio of 17.3, a price to book ratio of 2.22, and a price to sales ratio of 2.67. For comparison, a number of other analysts have commented on the company recently, and the company has earned a consensus one-year price target of $183.72, higher than the opening price of $141.22, a difference of 165.50 percent. The median estimate represents a -0.29% decrease from the last price of 92.27.
These instituitional investors have teams of analysts researching thousands of stocks, so it is good confirmation to see them buying a stock you are considering.
According to FactSet data, the consensus projects NCI to report profit of 28 cents per share.