Media headlines about FireEye (NASDAQ:FEYE) have trended somewhat negative recently, according to AlphaOne Sentiment. The research group, a service of Accern, ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FireEye earned a news sentiment score of -0.03 on AlphaOne’s scale. AlphaOne also assigned news articles about the information security company an impact score of 60 out of 100, indicating that recent media coverage is somewhat likely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted AlphaOne Sentiment’s scoring:
- FireEye Inc (FEYE) Stock Is Getting Too Hot – Investorplace.com (investorplace.com)
- Is FireEye Interesting During Its Current Revival? (finance.yahoo.com)
- Google Executive Chairman Addresses Recent Ransomware Attacks: SALT 2017 (finance.yahoo.com)
- FireEye Inc (FEYE) Shares Fly Sky High as Ransomware Spreads Worldwide (4-traders.com)
A number of analysts have issued reports on FEYE shares. Goldman Sachs Group Inc upgraded shares of FireEye from a “sell” rating to a “buy” rating and lifted their price target for the company from $10.00 to $15.00 in a report on Thursday, March 23rd. Bank of America Corp raised shares of FireEye from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $13.50 to $18.00 in a research note on Monday, March 20th. Vetr cut shares of FireEye from a “strong-buy” rating to a “buy” rating and set a $14.28 price target for the company. in a research note on Wednesday, March 29th. Zacks Investment Research cut shares of FireEye from a “buy” rating to a “hold” rating in a research note on Monday, April 10th. Finally, DA Davidson reaffirmed a “buy” rating and set a $18.00 price target on shares of FireEye in a research note on Wednesday, February 1st. Twenty-one research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. FireEye currently has an average rating of “Hold” and a consensus target price of $15.43.
Shares of FireEye (NASDAQ:FEYE) opened at 14.94 on Friday. The stock has a 50 day moving average of $13.26 and a 200-day moving average of $12.59. FireEye has a 12 month low of $10.35 and a 12 month high of $18.42. The firm’s market capitalization is $2.66 billion.
FireEye (NASDAQ:FEYE) last issued its earnings results on Tuesday, May 2nd. The information security company reported ($0.34) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.57) by $0.23. FireEye had a negative return on equity of 37.85% and a negative net margin of 67.23%. The firm had revenue of $173.74 million for the quarter, compared to analyst estimates of $163.83 million. On average, equities research analysts anticipate that FireEye will post ($0.30) EPS for the current fiscal year.
FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).
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