FTNT vs. PANW, LOGI, SNOW, DASH, ADSK, TEAM, MSI, CARR, MCHP, and ROP
Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include Palo Alto Networks (PANW), Logitech International (LOGI), Snowflake (SNOW), DoorDash (DASH), Autodesk (ADSK), Atlassian (TEAM), Motorola Solutions (MSI), Carrier Global (CARR), Microchip Technology (MCHP), and Roper Technologies (ROP). These companies are all part of the "computer and technology" sector.
Fortinet (NASDAQ:FTNT) and Palo Alto Networks (NASDAQ:PANW) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, community ranking, risk, dividends, earnings, valuation, media sentiment, profitability and analyst recommendations.
In the previous week, Palo Alto Networks had 3 more articles in the media than Fortinet. MarketBeat recorded 24 mentions for Palo Alto Networks and 21 mentions for Fortinet. Fortinet's average media sentiment score of 0.62 beat Palo Alto Networks' score of 0.38 indicating that Fortinet is being referred to more favorably in the media.
65.0% of Fortinet shares are held by institutional investors. Comparatively, 85.7% of Palo Alto Networks shares are held by institutional investors. 17.5% of Fortinet shares are held by company insiders. Comparatively, 3.3% of Palo Alto Networks shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds 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.
Fortinet has higher earnings, but lower revenue than Palo Alto Networks. Palo Alto Networks is trading at a lower price-to-earnings ratio than Fortinet, indicating that it is currently the more affordable of the two stocks.
Fortinet currently has a consensus target price of $71.55, suggesting a potential upside of 5.92%. Palo Alto Networks has a consensus target price of $313.89, suggesting a potential upside of 10.05%. Given Palo Alto Networks' stronger consensus rating and higher possible upside, analysts clearly believe Palo Alto Networks is more favorable than Fortinet.
Palo Alto Networks received 852 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 78.52% of users gave Palo Alto Networks an outperform vote while only 67.51% of users gave Fortinet an outperform vote.
Fortinet has a beta of 1.08, indicating that its share price is 8% more volatile than the S&P 500. Comparatively, Palo Alto Networks has a beta of 1.21, indicating that its share price is 21% more volatile than the S&P 500.
Summary
Palo Alto Networks beats Fortinet on 13 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding FTNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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