Imperial Capital Gives Barracuda Networks Price Target With Potential 2.35% Upside


Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Barracuda Networks, Inc. the EPS stands at 0.22 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.14, suggesting the stock exceeded the analysts' expectations.

Several analysts have released their opinion on Barracuda Networks, Inc. DA Davidson restated an "underperform" rating and set a $22.00 price target on shares of Barracuda Networks in a research report on Saturday, January 7th.

Relative strength index (RSI-14) for Barracuda Networks, Inc. Also, there are 2 buy, 0 sell and 1 strong sell ratings, collectively assigning a 1.93 average brokerage recommendation. Barracuda Networks presently has a consensus rating of Buy and an average price target of $25.42.

(CUDA) now has a value of $19.71 while the company's 52 week low is at $13.91, the shares dropped to the 52 week low on 06/27/16. The company's stock had a trading volume of 370,773 shares. (CUDA) has a trading volume of 7.88 Million shares, with an average trading volume of 529240 shares - with shares dropping to a 52 week low of $13.91, and the company's shares hitting a 52 week high of $ 26.69. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 123.21 and a beta of 3.43.

The companies 50 day moving average is 23.07 and its 200 day moving average is 23.34.

Barracuda Networks Inc (NYSE:CUDA) posted its earnings results on Monday.

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For the year, the company reported net income of $10.2 million, or 19 cents per share, swinging to a profit in the period. The business earned $89.26 million during the quarter, compared to the consensus estimate of $88.39 million.

For the full year, it's guided to revenue of $370M-$380M (vs. consensus for $376.3M), and EPS of $0.73-$0.78 (vs. $0.77 expected).

The number of shares Barracuda Networks now has in issue is 52,776,000, which have a value of 19.54 per share calculating Barracuda Networks's market capitalisation to 1.03B Dollars.

COPYRIGHT VIOLATION NOTICE: "TheStreet Upgrades Barracuda Networks Inc (CUDA) to "C" was first posted by Markets Daily and is owned by of Markets Daily. If you are accessing this report on another website, it was illegally copied and reposted in violation of global trademark & copyright legislation. The correct version of this piece of content can be read at Also, CEO William D. Jenkins, Jr. sold 15,206 shares of Barracuda Networks stock in a transaction on Monday, February 6th. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Following the sale, the chief financial officer now owns 37,453 shares of the company's stock, valued at approximately $873,403.96. The 52-week range of the share price is from $27.34 - $38.55. The company has price-to-sale ratio of 3.15 in last 12-month period and its price to book ratio was registered at 1.23 in most recent quarter.

Institutional investors have recently added to or reduced their stakes in the company. Finally, Federated Investors Inc. Trexquant Investment LP acquired a new position in Barracuda Networks during the fourth quarter valued at $385,000. Oxford Asset Management now owns 129,958 shares of the communications equipment provider's stock worth $2,785,000 after buying an additional 47,359 shares in the last quarter.