Should You Buy FireEye Inc (NASDAQ:FEYE)

FireEye Inc (NASDAQ:FEYE) is moving after Morgan Stanley recently upgraded the stock to “Overweight” and increased its price target to $19. The firm said its survey showed that a majority of the top companies are interested in using FireEye’s Helix platform as the security anxiety in the corporate world increases after massive hacks. FireEye’s expenses decreased by 24% in the second quarter of 2017, while non-GAAP operating margins increased to -3%, versus -28% in the second quarter of 2016.

FireEye has strong growth prospects after the latest cyber-attack on Equifax in which the personal information of over 144 Americans was hacked. Last year, cyber-attacks in the US increased by 40%.

Over the current book year the total revenue will be 741,96 million USD (consensus estimates). This is slightly more than 2016's revenue of 714,11 million USD.

Historical revenues and results Fireeye Inc plus estimates 2017

The analysts expect for 2017 a net loss of 37 million USD. The majority of the analysts expects for this year a loss per share of 21 cent. Based on this the price/earnings-ratio is -82,57.

Analysts don't expect the company to pay a dividend.The average dividend yield of the computer services companies equals a moderate 0,04 percent.

Based on the current number of outstanding shares Fireeye Inc's market capitalization 2,8 billion USD.

On Friday the stock closed at 17,34 USD.

Historical stock prices Fireeye Inc

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