Fortinet (NASDAQ:FTNT) Vs. PANW, MNDT, XRX, CRSR, SSYS, MKFG, MITK, INVE, IMMR, and RDCM
Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include Palo Alto Networks (PANW), Mandiant (MNDT), Xerox (XRX), Corsair Gaming (CRSR), Stratasys (SSYS), Markforged (MKFG), Mitek Systems (MITK), Identiv (INVE), Immersion (IMMR), and RADCOM (RDCM). These companies are all part of the "systems software" industry.These companies are all part of the "computer peripheral equipment, not elsewhere classified" industry.
Fortinet vs.
Fortinet (NASDAQ:FTNT) and Palo Alto Networks (NASDAQ:PANW) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, profitability, media sentiment, community ranking, dividends, earnings and risk.
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.
In the previous week, Palo Alto Networks had 11 more articles in the media than Fortinet. MarketBeat recorded 25 mentions for Palo Alto Networks and 14 mentions for Fortinet. Fortinet's average media sentiment score of 0.04 beat Palo Alto Networks' score of -0.08 indicating that Fortinet is being referred to more favorably in the media.
Fortinet has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500. Comparatively, Palo Alto Networks has a beta of 1.28, suggesting that its share price is 28% more volatile than the S&P 500.
Palo Alto Networks received 834 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 81.51% of users gave Palo Alto Networks an outperform vote while only 70.36% of users gave Fortinet an outperform vote.
Fortinet currently has a consensus target price of $356.55, indicating a potential upside of 24.98%. Palo Alto Networks has a consensus target price of $628.56, indicating a potential upside of 31.31%. Given Palo Alto Networks' stronger consensus rating and higher possible upside, analysts plainly believe Palo Alto Networks is more favorable than Fortinet.
67.5% of Fortinet shares are held by institutional investors. Comparatively, 84.3% of Palo Alto Networks shares are held by institutional investors. 18.6% of Fortinet shares are held by insiders. Comparatively, 2.2% of Palo Alto Networks shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Fortinet has a net margin of 17.79% compared to Palo Alto Networks' net margin of -7.54%. Fortinet's return on equity of 67.94% beat Palo Alto Networks' return on equity.
Summary
Fortinet and Palo Alto Networks tied by winning 9 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
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.
Media Sentiment Over Time
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.
Fortinet (NASDAQ:FTNT) vs. Its Competitors
Fortinet Competitors List
