Equities analysts expect Imperva Inc (NYSE:IMPV) to announce $0.24 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Imperva’s earnings, with estimates ranging from $0.23 to $0.26. Imperva reported earnings of $0.08 per share in the same quarter last year, which would indicate a positive year over year growth rate of 200%. The firm is expected to announce its next quarterly earnings results on Thursday, November 2nd.

On average, analysts expect that Imperva will report full year earnings of $0.81 per share for the current fiscal year, with EPS estimates ranging from $0.79 to $0.83. For the next year, analysts forecast that the company will post earnings of $0.94 per share, with EPS estimates ranging from $0.73 to $1.04. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Imperva.

Imperva (NYSE:IMPV) last released its quarterly earnings results on Thursday, July 27th. The software maker reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by $0.15. Imperva had a negative net margin of 4.69% and a negative return on equity of 5.00%. The business had revenue of $74.44 million for the quarter, compared to analysts’ expectations of $74.30 million. During the same period in the previous year, the company earned ($0.23) EPS. Imperva’s revenue for the quarter was up 28.6% compared to the same quarter last year.

A number of analysts have weighed in on the company. Stifel Nicolaus reaffirmed a “hold” rating and set a $47.00 price objective on shares of Imperva in a research report on Friday, July 14th. Susquehanna Bancshares Inc assumed coverage on Imperva in a research report on Wednesday, June 7th. They set a “positive” rating and a $60.00 price objective for the company. UBS AG assumed coverage on Imperva in a research report on Tuesday, June 6th. They set a “positive” rating and a $60.00 price objective for the company. Stephens reaffirmed an “overweight” rating and set a $61.00 price objective (up from $53.00) on shares of Imperva in a research report on Thursday, July 13th. Finally, BidaskClub cut Imperva from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Imperva currently has a consensus rating of “Buy” and an average target price of $51.61.

In related news, Director Anthony J. Bettencourt sold 99,598 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $43.59, for a total value of $4,341,476.82. Following the completion of the transaction, the director now directly owns 99,598 shares of the company’s stock, valued at approximately $4,341,476.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.20% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in IMPV. Fisher Asset Management LLC increased its position in Imperva by 27.1% in the first quarter. Fisher Asset Management LLC now owns 173,457 shares of the software maker’s stock valued at $7,120,000 after buying an additional 37,028 shares during the last quarter. Stephens Investment Management Group LLC increased its position in Imperva by 1.7% in the first quarter. Stephens Investment Management Group LLC now owns 228,024 shares of the software maker’s stock valued at $9,360,000 after buying an additional 3,894 shares during the last quarter. Retirement Systems of Alabama increased its position in Imperva by 27.6% in the first quarter. Retirement Systems of Alabama now owns 115,701 shares of the software maker’s stock valued at $4,750,000 after buying an additional 25,000 shares during the last quarter. Norges Bank bought a new position in Imperva during the fourth quarter valued at $964,000. Finally, Bank of Nova Scotia bought a new position in Imperva during the first quarter valued at $7,184,000. 92.72% of the stock is owned by institutional investors.

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Imperva (IMPV) traded up 1.49% during midday trading on Friday, hitting $44.15. 153,768 shares of the stock traded hands. Imperva has a 12 month low of $34.40 and a 12 month high of $57.24. The stock’s market cap is $1.49 billion. The company has a 50-day moving average of $46.50 and a 200-day moving average of $45.52.

About Imperva

Imperva, Inc provides cyber-security solutions that protect business-critical data and applications whether in the cloud or on premises. The Company is engaged in the development, marketing, sales, service and support of cyber-security solutions. The Company’s products include its Imperva SecureSphere Paltform, Imperva CounterBreach and Imperva Camouflage for enterprise data centers, and Imperva Incapsula offering for cloud-based security services.

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