FireEye Inc (NASDAQ:FEYE) soared 0.68% during previous trade, a total of 5.01M shares exchanged hands compared with its average trading volume of 3.43M shares whereas its relative volume is 1.20. The stock has a market capitalization of $2.05B along with 171.10M outstanding shares. Stock’s intraday price range hit the peak level of $11.98 and touched the lowest level of $11.65.
Most recently FireEye Inc (NASDAQ:FEYE)’s price target was revised on 12/20/16 and according to 23 analysts stock’s price will reach at $16.72 during 52 weeks with standard deviation of 4.40. Stock’s minimum price target estimates has been figured out at $11 while the maximum price target forecast is established at $28, if we look at the price target with an optimistic approach it has upside potential of 135% from its latest closing price of $11.90.
Historically, if we look at price target revisions, two weeks ago FireEye Inc (NASDAQ:FEYE)’s price target was revised on 12/03/16 by the analysts, however the bullish price estimates of the stock set at $28 while the bearish estimates kept at $11 over the next one year. Stock’s 52-week target was retained at $17.20, the estimates indicates a standard deviation of 4.59.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.55. ABR value is precisely based on brokerage recommendations, where out of 22 brokerage recommendations 6 rate FireEye Inc (NASDAQ:FEYE) stock a Strong Buy, 0 rate the stocks of the company a Buy, 15 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 11/22/16 the stock of FireEye Inc (NASDAQ:FEYE) downgraded by Goldman from Neutral to Sell. However previously on 10/24/16 it was downgraded by First Analysis Sec from Equal-Weight to Underweight. A research note issued on 8/9/16 the stock was downgraded by Imperial Capital from Outperform to In-line.
FireEye Inc (NASDAQ:FEYE) performance over the past one year plunged -42.62% whereas its year to date (YTD) performance indicated a bearish trend of -42.62%. During the last six months the stock slipped -27.44%. Quarterly performance of the company shows declining momentum of -19.21% while its last one month trend is negative with -7.32%. Stock’s weekly performance expressed down trend of -2.06%.
The company’s price sits -7.51% below from its 50-day moving average of $13.06 and -20.75% below from the stock’s 200-day moving average which is $14.32. FireEye Inc (NASDAQ:FEYE)’s shares are currently trading -47.06% away from the 52-week high price of $22.48 and +9.48% far from the 52-week low price of $10.87.
According to consensus agreement of 28 analysts FireEye Inc (NASDAQ:FEYE) will report earnings per share of $-0.16 in their quarterly report and it is expected to announce the company’s results on 2/9/17. For the current quarter the company has high EPS estimates of $-0.15 in contradiction of low EPS estimates of $-0.17. However a year ago for the same quarter the company has reported -0.36 EPS. Current year EPS projections for FireEye Inc (NASDAQ:FEYE) set at $-1.13 according to the sentiments of 31 analysts, while its lowest earnings estimates are $-1.18 and highest earnings estimates are $-0.93.
According to 25 analysts, FireEye Inc (NASDAQ:FEYE)’s revenue estimates for the current quarter are $190.91M meanwhile the company has high revenue estimates of $193M in contradiction of low revenue estimates of $189.26M. For the current year the company’s revenue estimates are $720.35M compared to low analyst estimates of $718.68M and high estimates of $722.4M according to the projection of 30 analysts.