PANW vs. FTNT, SHOP, ADI, KLAC, ABNB, DELL, RELX, SNPS, ANET, and CDNS
Should you be buying Palo Alto Networks stock or one of its competitors? The main competitors of Palo Alto Networks include Fortinet (FTNT), Shopify (SHOP), Analog Devices (ADI), KLA (KLAC), Airbnb (ABNB), Dell Technologies (DELL), Relx (RELX), Synopsys (SNPS), Arista Networks (ANET), and Cadence Design Systems (CDNS). These companies are all part of the "computer and technology" sector.
Palo Alto Networks (NASDAQ:PANW) and Fortinet (NASDAQ:FTNT) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, risk, earnings, institutional ownership, community ranking, media sentiment, analyst recommendations, profitability and dividends.
In the previous week, Palo Alto Networks had 7 more articles in the media than Fortinet. MarketBeat recorded 26 mentions for Palo Alto Networks and 19 mentions for Fortinet. Fortinet's average media sentiment score of 0.78 beat Palo Alto Networks' score of 0.30 indicating that Fortinet is being referred to more favorably in the news media.
79.8% of Palo Alto Networks shares are owned by institutional investors. Comparatively, 83.7% of Fortinet shares are owned by institutional investors. 3.3% of Palo Alto Networks shares are owned by company insiders. Comparatively, 17.5% of Fortinet shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Palo Alto Networks has a net margin of 30.24% compared to Fortinet's net margin of 21.64%. Palo Alto Networks' return on equity of 36.58% beat Fortinet's return on equity.
Palo Alto Networks received 854 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 78.55% of users gave Palo Alto Networks an outperform vote while only 67.36% of users gave Fortinet an outperform vote.
Fortinet has lower revenue, but higher earnings than Palo Alto Networks. Fortinet is trading at a lower price-to-earnings ratio than Palo Alto Networks, indicating that it is currently the more affordable of the two stocks.
Palo Alto Networks presently has a consensus target price of $314.82, suggesting a potential upside of 8.03%. Fortinet has a consensus target price of $72.19, suggesting a potential upside of 12.49%. Given Fortinet's higher possible upside, analysts plainly believe Fortinet is more favorable than Palo Alto Networks.
Palo Alto Networks has a beta of 1.19, meaning that its share price is 19% more volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.08, meaning that its share price is 8% more volatile than the S&P 500.
Summary
Palo Alto Networks beats Fortinet on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PANW and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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