NEW YORK (TheStreet) -- Shares of FireEye closed higher by 1.75% to $33.68 on heavy trading volume Friday, adding to yesterday's gains after the computer security company issued its new report studying cyber attacks on global organizations, including retailers and entertainment companies. The report, "Maginot Revisited: More Real-World Results from Real-World Tests", breaks down attacks that targeted more than 1,200 organizations during real-world testing with FireEye. According to the report, 100% of retail companies in the study were breached, with 17% of the breaches "consistent with advanced threats." Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Also, 91% of entertainment and media companies in the study were breached, with 18% of breaches consistent with advanced threats. About 6.32 million shares of FireEye traded hands today, compared to its average volume of about 5.07 million shares a day. Separately, TheStreet Ratings team rates FIREEYE INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation: "We rate FIREEYE INC (FEYE) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income." Highlights from the analysis by TheStreet Ratings Team goes as follows: FIREEYE INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. For the next year, the market is expecting a contraction of 362.2% in earnings (-$2.08 versus -$0.45). The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Software industry. The net income has significantly decreased by 135.7% when compared to the same quarter one year ago, falling from -$50.93 million to -$120.03 million. Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 27.59%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 93.02% compared to the year-earlier quarter. Compared to other companies in the Software industry and the overall market, FIREEYE INC's return on equity significantly trails that of both the industry average and the S&P 500. The gross profit margin for FIREEYE INC is currently very high, coming in at 82.47%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -105.09% is in-line with the industry average. You can view the full analysis from the report here: FEYE Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Click to view a price quote on FEYE. Click to research the Computer Software & Services industry.
from Latest TSC Headlines http://ift.tt/1I3Q9yj
No comments:
Post a Comment