FireEye, Inc. (NASDAQ:FEYE) To Report Earnings

FireEye, Inc. (NASDAQ:FEYE) To Report Earnings

FireEye, Inc. (NASDAQ:FEYE) To Report Earnings

Analysts have been eager to weigh in on the Technology sector with new ratings on FireEye Inc (NASDAQ: FEYE) and Jack Henry & Associates (NASDAQ: JKHY). The firm now has a "market perform" rating on the information security company's stock.

Several other research analysts have also recently issued reports on the company. Finally, Dougherty & Co upgraded FireEye from a "neutral" rating to a "buy" rating and set a $18.00 price target on the stock in a report on Thursday, November 2nd. The company now has an average rating of "Hold" and a consensus target price of $17.96. Vanguard Group Inc is the second biggest holder with 13 million shares now valued at 220.32 million whilst Goldman, Sachs & Co. has 6 million shares valued at 106.39 million. Zacks Investment Research raised FireEye from a "sell" rating to a "hold" rating in a research report on Tuesday, January 16th. SELL rating has been given by 0 analyst (s) and 7 analyst (s) given BUY rating to the stock. Northland Securities set a $22.00 target price on shares of FireEye and gave the stock a "buy" rating in a report on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. Cowen reiterated a "hold" rating and issued a $16.00 price target on shares of FireEye in a report on Friday, November 3rd.

Quarterly Loser: Vornado Realty Trust (VNO) stock performed -10.53%
The stock is now showing down return of -6.11% throughout last week and witnessed declining return of -10.24% in one month period. Morgan Stanley decreased Nrg Energy Inc (NYSE:NRG) stake by 556,739 shares to 1.02 million valued at $26.14 million in 2017Q3.

Shares of FireEye (NASDAQ:FEYE) traded up $1.01 during midday trading on Friday, reaching $15.13. FireEye has a 1-year low of $10.35 and a 1-year high of $18.00. BMO Capital Markets' target price would suggest a potential upside of 12.36% from the stock's previous close.

(NASDAQ:FEYE) to report earnings on Feb, 08 for the fiscal quarter ending Dec 2017.

Kyrie Irving leads Celtics to overtime win over Washington
Before the game, the Pacers announced Collison would miss two to three weeks after having arthroscopic surgery on his knee. The same crispness wasn't there in the second game of a back-to-back set and third road game in four days.

When it comes to quarterly financial results, publicly-traded companies usually post earnings and revenue figures that fall somewhat above or below the average Wall Street estimate.

Total revenue rose 9.5 percent to $202.3 million, beating analysts' estimate of $193.6 million. The Return on Equity (ROE) value stands at -35.9%. The company operates in the Technology sector with a market capitalization of 2.67 Million. The business's revenue for the quarter was up 9.5% on a year-over-year basis. research analysts forecast that FireEye will post -1.07 earnings per share for the current year. Weekly performance analysis shows the equity at -6.24%.Covering Sell-Side analysts have offered recommendations and price target estimates on FireEye, Inc. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The fund bought 20,759 shares of the information security company's stock, valued at approximately $295,000. Dimensional Fund Advisors LP now owns 216,202 shares of the information security company's stock valued at $3,289,000 after buying an additional 682 shares in the last quarter. Resources Investment Advisors Inc. grew its position in FireEye by 96.9% during the fourth quarter.

After lower open, U.S. stocks bounce back following Monday plunge
Among stocks, Walt Disney was up 2.2 percent in premarket trading after the media company's quarterly profit topped forecasts. Major indexes in Asia and Europe also fell following Monday's 1,175-point drop in the Dow Jones industrial average.

The company now has an insider ownership of 0.8 Percent and Institutional ownership of 70.1 Percent. US Bancorp DE raised its holdings in shares of FireEye by 271.0% in the 1st quarter. Fisher Asset Management LLC now owns 2,187,245 shares of the information security company's stock valued at $36,680,000 after purchasing an additional 130,634 shares during the last quarter.

Related news