|Bid||117.63 x 1800|
|Ask||117.81 x 1000|
|Day's Range||116.35 - 121.27|
|52 Week Range||51.72 - 125.20|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||92.70|
|Earnings Date||May 14, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||122.35|
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company that is really flourishing, you can make more than 100%. For instance the CyberArk Software Ltd. (NASDAQ...
CyberArk (NASDAQ: CYBR), the global leader in privileged access security, today announced that it will report its first quarter 2019 financial results before the U.S. financial markets open on Tuesday, May 14, 2019. In conjunction with this announcement, CyberArk will host a conference call on Tuesday, May 14, 2019 at 8:30 a.m. Eastern Time (ET) to discuss the company’s first quarter financial results and its business outlook. Additionally, a live webcast of the conference call will be available via the “Investor Relations” section of the company’s website at www.cyberark.com.
BlackBerry's (NYSE:BB) fourth-quarter earnings featured strong results and decent guidance. Going forward, BB and BlackBerry stock continue to have multiple strong, positive drivers, including continued expansion of QNX, synergies between core BlackBerry offerings and those of Cylance, continuous, strong licensing revenue and an effective executive team.Source: Shutterstock Despite all of these positive catalysts, some on Wall Street, as I previously predicted might happen, were concerned about the impact of the Cylance deal on the company's near-term profit margins. Those concerns weighed heavily on BlackBerry stock on Monday.Although BB stock may drop back to $8.50 or so over the next month, investors with a time horizon of a year or more should buy BB stock on pullbacks, since the company's longer-term outlook is definitely extraordinarily bright.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere are five key takeaways from the company's Q4 results and its earnings conference call. Impressive Q4 Results and Decent Guidance, Attractive ValuationBlackBerry's overall fourth-quarter results easily beat expectations on both the top and bottom lines. The revenue of the company's BlackBerry Technology Solutions unit jumped nearly 20% year-over-year to $55 million, an encouraging increase that indicates that the company's previous QNX deals are starting to generate rapidly increasing revenue. BlackBerry's licensing and IP revenue jumped over 70% to $99 million. The unit is likely to continue generating strong revenue going forward. * 10 Tech Stocks That Transformed Their Business Finally, the top line of BlackBerry's Enterprise Software and Services (ESS) fell roughly 15% year-over-year, but both the company and multiple analysts blamed the decline on a new accounting standard. One analyst, TD Securities' Daniel Chan, said that the timing of a major deal also contributed to the YoY decline.Moreover, BlackBerry CEO John Chen said during the company's earnings conference call that ESS' "billings grew strongly on a sequential basis," while BB expects the unit's revenue to rise this year. The CEO noted that he expects the top line of the company's unified endpoint management (UEM) offerings, which make up much of ESS' revenue, to rise by about 10% in FY20, which began in February. He also reported that BB had received over 400 orders from banking customers during the quarter, while the unit also received orders from all three major branches of the U.S. military. All of that information certainly bodes well for the futures of the ESS unit, BB overall and BlackBerry stock.Turning to the company's guidance, using the data Chen provided, BB appears to expect, at the mid-point of its 23%-27% FY20 revenue growth guidance, about $1.13 billion of overall revenue in FY20.Chen explained that the company is "investing for growth," and will have to spend money on integrating Cylance, causing its expenses to rise meaningfully. But the CEO emphasized that the company's profitability will rise throughout the year, meaning after Q1, it will likely be profitable after the current quarter. Additionally, BlackBerry did not clarify the extent to which the guidance includes potential large settlement deals, with court verdicts against a number of companies that BB has sued for patent infringement, including Facebook (NASDAQ:FB), Twitter (NYSE:TWTR) and Snap (NYSE:SNAP).Based on price-sales and price-book ratios, the current valuation of BlackBerry stock is meaningfully lower than that of a number of other companies that focus on IT security. For example, using Chen's guidance and excluding cash, the forward price-sales ratio of BB stock is 4.66, versus forward price-sales ratios, excluding cash and based on analysts' consensus 2019 revenue estimates of 9 for Check Point (NASDAQ:CHKP), 7.5 for CyberArk (NASDAQ:CYBR) and 6.1 for Fortinet (NASDAQ:FTNT). The price-book ratios of CyberArk, CheckPoint and Fortinet are 12.8, 5.2 and 14.3, respectively, versus 2 for BB stock, according to Yahoo Finance. QNX and Radar Are Rapidly ExpandingQNX generated a huge number of design wins -- 22 -- in Q4. Moreover, the operating system's design wins expanded to areas beyond automotive, with eight of the design wins in areas other than automotive. Chen said he expects QNX's revenue to rise 16% this year. Both the high number of design wins and the expansion beyond automotive bode very well for BlackBerry's results and for BlackBerry stock over the long term.Radar, the company's asset-tracking system, added eight new customers in Q4 and received nine repeat orders from existing customers. Additionally, "a number of very large customers" are interested in Radar, Chen stated. Licensing/IP Revenue Will Continue to Be Strong IndefinitelySome analysts and investors who have been bearish on BlackBerry stock have sought to portray the company's licensing and IP revenue as "lumpy" and unreliable. Meanwhile, the fact that the unit's revenue jumped $41 million or 71% YoY in Q4 led some on the Street to assert that it was primarily responsible for the company's better-than-expected results. Taken together, these views may have caused the Street to discount BlackBerry's overall Q4 beat as a one-time phenomenon.But during last week's conference call, Chen and the company's CFO, Steve Capelli, took pains to demonstrate that the licensing and IP revenue will continue to flow indefinitely.Capelli said that the company has been able to deliver "consistent" IP and licensing revenue due to its "pipeline" of patents, while Chen said that the company expects the unit's revenue to drop only 5% this year. He also noted that BB has 10 or 11 years remaining on most of its current patents, has applied for over 100 more patents. and acquired more patents through its Cylance deal. So the owners of BlackBerry stock should expect the company's licensing and IP revenue to be consistently strong going forward. Strong Synergies Between BB and CylanceThe only disappointing part of BlackBerry's results was the guidance for Cylance, which is not expected to be profitable until next year and whose revenue is expected to rise "only" 25%-30%.Nonetheless, it's clear why Chen decided to acquire Cylance. It's strong in PCs and laptops, Chen said, while BlackBerry's strength lies with mobile devices. The acquisition will enable BlackBerry to sell more of its core products to companies that emphasize PCs and laptops, while introducing Cylance's products to companies that focus on securing their mobile devices. Companies that worry about the security of both mobile devices and PCs will now be able to meet all of their security needs with BB. * 10 F-Rated Stocks to Sell in This Narrow Market As I've noted previously, Cylance should make BlackBerry's offerings more appealing to governments. Meanwhile, QNX should be strengthened when Cylance is integrated into the operating system, and BlackBerry should be able to sell its products to many of Cylance's small and medium-sized customers. Finally, the fact that Verizon (NYSE:VZ) recently decided to offer Cylance's products to its customers should boost BlackBerry's results and is a tremendous vote of confidence in Cylance's technology. The Executive Team Has Been StrengthenedChen announced that he was dividing the company into three units; COO Bryan Palma, who has worked for multiple Fortune 500 companies and has a cybersecurity background, will lead BTS (dominated by QNX) and ESS, along with the company's other Internet of Things businesses; Cylance co-founder and CEO Stuart McClure will continue to head Cylance and Capelli will be in charge of the Licensing and IP unit.All three men will report to Chen.I believe that the change is a vote of confidence by Chen in the company's business and outlook, as it indicates that he believes the company is healthy enough for him to step back from managing its day-to-day operations. Additionally, Palma's success at high-level positions in Fortune 500 companies and McClure's track record of building Cylance into a top-notch IT security company indicate that their leadership should be positive for BlackBerry and BlackBerry stock. Finally, the move should free up Chen to focus more on making higher-level deals and partnerships.As of this writing, Larry Ramer owned shares of BlackBerry stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post BlackBerry Stock Is Bound to Head Much Higher in the Long Run appeared first on InvestorPlace.
See how cloud security leader CyberArk Software was identified as one of the best stocks to buy and watch before it soared to new heights.
According to a new CyberArk (NASDAQ: CYBR) survey, the majority of organizations (nearly 70 percent) do not prioritize the protection of the applications that their business depend on – such as ERP and CRM systems – any differently than how low-value data, applications or services are secured. Respondents indicated that even the slightest downtime affecting business critical applications would be massively disruptive, with 61 percent agreeing that the impact would be severe. Despite the fact that more than half (56 percent) of organizations have experienced data loss, integrity issues or service disruptions affecting business critical applications in the previous two years, the survey found a large majority (72 percent) of respondents are confident that their organization can effectively stop all data security attacks or breaches at the perimeter.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! After CyberArk Software Ltd.'s (NASDAQ:CYBR) earnings announcement on 31 DecemberRead More...
Back in the early 1990s, a small group of investors printed money with a system based on the logic that Wall Street analysts are a lot like cockroaches. This system — called earnings estimate revisions analysis — worked well enough to create its own demise. You also see it in Burr’s performance.
The Federal Reserve came out of its most recent meeting about as dovish as it could get. This is marked change from where it was in the fourth quarter of last year. As it unwound its portfolio of mortgage-backed securities and kept a keen eye on inflation, many market sectors were wondering how they were going to keep growth going after the steroid shot of a tax cut.But December changed all that.The Fed backed off its intent to raise rates as planned in 2019. And it would hold on to its portfolio. And the markets have been feeling good ever since. However, it recent announcement that it has no plans to raise rates or sell anything in its portfolio has actually frightened the markets.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow, investors are worried that the economy may be weaker than we expected and that 2% growth may not be as easy to get as anticipated. And today's manufacturing PMI sliding to 21-month lows reinforces that. * 7 Beaten-Up Stocks to Buy as They Reverse Course But the 7 A-rated stocks for Q2 that follow will be top performers because they're best in class stocks in well-performing sectors. CyberArk Software (CYBR)Source: Shutterstock CyberArk Software (NASDAQ:CYBR) is a cybersecurity company that's based out of Israel but has clients all over the globe. Its claim to fame is its privileged-access security software. Privileged accounts are the most secure properties that exist in most organizations. And when those organizations are storing very critical data like financial institutions, healthcare companies, utilities and other enterprise organizations that have significant amounts of these types of accounts, it's crucial that they're secure internally and externally.And this is CYBR does. It also offers other products, but this is the hub of its cybersecurity wheel.As we see bigger and more sophisticated hacks of major databases and the information inside those databases, more and more companies are doing their best to avoid being the next embarrassing headline.The A-rated stock is up 138% in the past 12 months, which is testament to the growing global demand for CYBR's platform. Lululemon (LULU)Source: Shutterstock Lululemon athletica (NASDAQ: LULU) is an upscale sportswear company that pretty much coined the term 'athleisure'. What LULU has done very well is know its customers and maintain control of its brand. Its products are not cheap. But that's the point. They're well made, and by not distributing them outside of its own retail shops and e-commerce site, it has been able to keep prices where it needs them to be.Bigger brands in the market have massive distribution networks, which means pricing premiums are harder to maintain and that makes it tough to control margins.LULU has built a great and growing customer base and has patiently expanded its market in to menswear. * 7 Retail Stocks That Will Continue to Rebound in 2019 LULU stock is up more than 80% in the past 12 months, yet it still trades a trailing P/E of 51. That's amazing given the growth potential out there and how well run this company is. First BanCorp (FBP)Source: Shutterstock First BanCorp (NYSE: FBP) is a Puerto Rican bank that has been in business since 1948. It also has operations in the U.S. and British Virgin Islands. While the recent devastating hurricane is still fresh in our minds and the Caribbean -- in particular Puerto Rico -- is still recovering, the fact is that redeveloping the island is underway. And that redevelopment means money has to start flowing in.That's why being one of the top local banks is a great position to be in right now. Also remember that other islands were affected by the hurricane and Puerto Rico is a big financial hub for other Caribbean islands.This increase in rebuilding and redevelopment has certainly been reflected in FBP's stock price. The stock is up more than 80% in the past 12 months. That's pretty spectacular for a financial stock.And there's plenty more to come, given the fact that this A-rated stock is still trading at a trailing P/E of 12. Intuit (INTU)Source: Mike Mozart via Wikimedia (Modified) Intuit Inc (NASDAQ: INTU) is a software development company that is best known to consumers -- especially this time of year -- for TurboTax. It also owns QuickBooks which is a suite of financial and business tools geared toward small businesses. It allows small business owners a place to do payroll, sort out taxes, integrate all the accounting inputs and even market and hire.INTU's other division sells similar products that are focused on professional accountants and larger businesses.But the real growth potential is in the products focused on small businesses and consumers. In this gig economy both tools are increasingly popular and their brands have a commanding presence in the market. * 3 Earnings Reports to Watch Next Week As the economy grows, so will INTU's fortunes. It's up 51% in the past 12 months but only trades at a trailing P/E of 46. Costco (COST)Source: Shutterstock Costco Wholesale (NASDAQ: COST) is the Land of Giant Portions and a great favorite for small businesses and consumers alike. Last year, Costco was doing well. It tends to reflect the broader economy, so when the economy is chugging along, so is COST. But in December, it hit the same wall most consumer stocks did.Worries about growth moving forward and all the feel-good valuations up to that point disintegrated.However, COST came roaring back like it was a beaten down semiconductor stock.At this point, its 12-month return is 32% and its trailing P/E is 31. COST should have a strong year, with decent growth ahead and wages improving. That means more people shopping and spending. Mastercard (MA)Source: Hakan Dahlstrom via Flickr (Modified) Mastercard (NYSE: MA) is one of the leading and oldest payment processing companies out there. Now, a decade ago, I would have likely called it a credit card company. My how the world has changed. Granted, MA got started as Interbank in 1966 and landed on its current incarnation in 1979. Remember, back then, if you were traveling, you couldn't just whip out a card and buy things. Banks and their merchants needed to be interconnected so that your card could charge a dinner at a California restaurant even though your bank was in Kansas.The credit card was a revolution at the time. Just as electronic payments are today. And now that national transaction has given way to international transactions that are all done without cards at all. * 7 Beaten-Up Stocks to Buy as They Reverse Course This history and brand recognition is what has propelled MA in this new financial services transformation. It's up 35% in the past 12 months, but this new financial digital world has only just begun. Texas Pacific Land Trust (TPL)Source: Nicolas Henderson via Flickr Texas Pacific Land Trust (NYSE: TPL) has been around since 1888, when the Texas and Pacific Railway went belly up. Obviously, at the time, railroads owned huge amounts of land so they could develop their lines. And the Texas and Pacific was no different. Also, given its name, most of this land was in west Texas on the way to the Pacific.At the time of its demise, the railway owned 3.5 million acres that was transferred to TPL. Today, TPL still holds about 900,000 acres of this land, which still makes it one of the largest landholders in Texas today.Fundamentally, TPL leases the land to companies that are either energy firms (not just oil and natural gas but wind and solar farms as well) or water companies and it takes those rents as its revenues.This is a solid business in slow times. But in good times -- like now -- it promises some big gains. TPL is up 47% in the past year and 71% in just the past 3 months, so momentum is growing significantly in 2019.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio Compare Brokers The post 7 A-Rated Stocks to Buy in the Second Quarter appeared first on InvestorPlace.
CyberArk (NASDAQ: CYBR) today announced it was recognized as a March 2019 Gartner Peer Insights Customers’ Choice for Privileged Access Management. This recognition follows CyberArk being named as a Leader in the inaugural Gartner Magic Quadrant for Privileged Access Management,1 positioned highest for ability to execute and furthest for completeness of vision. The CyberArk Privileged Access Security Solution is the industry’s most comprehensive solution for securing privileged accounts, credentials and secrets across on-premises, hybrid cloud and DevOps environments, and on the endpoint.
CyberArk (CYBR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In our first investing podcast episode, we discuss the importance of timing the stock market and key lessons from earnings season.
The best tech stocks aren't hard to find, as long as you're targeting stocks with healthy fundamentals and bullish charts.