Fortinet (FTNT) Competitors

$64.57
+0.88 (+1.38%)
(As of 09:59 AM ET)

FTNT vs. ZS, CRWD, LOGI, JNPR, FFIV, PANW, CARR, ADSK, SNOW, and TEAM

Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include Zscaler (ZS), CrowdStrike (CRWD), Logitech International (LOGI), Juniper Networks (JNPR), F5 (FFIV), Palo Alto Networks (PANW), Carrier Global (CARR), Autodesk (ADSK), Snowflake (SNOW), and Atlassian (TEAM). These companies are all part of the "computer and technology" sector.

Fortinet vs.

Zscaler (NASDAQ:ZS) and Fortinet (NASDAQ:FTNT) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, risk, profitability, media sentiment, valuation, dividends, institutional ownership, community ranking and analyst recommendations.

Fortinet has a net margin of 21.64% compared to Fortinet's net margin of -7.32%. Fortinet's return on equity of -14.60% beat Zscaler's return on equity.

Company Net Margins Return on Equity Return on Assets
Zscaler-7.32% -14.60% -3.14%
Fortinet 21.64%-7,572.46%14.78%

In the previous week, Fortinet had 2 more articles in the media than Zscaler. MarketBeat recorded 25 mentions for Fortinet and 23 mentions for Zscaler. Fortinet's average media sentiment score of 0.78 beat Zscaler's score of 0.34 indicating that Zscaler is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Zscaler
9 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
10 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

46.5% of Zscaler shares are owned by institutional investors. Comparatively, 83.7% of Fortinet shares are owned by institutional investors. 19.2% of Zscaler shares are owned by company insiders. Comparatively, 17.5% of Fortinet shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Zscaler currently has a consensus target price of $230.24, suggesting a potential upside of 34.66%. Fortinet has a consensus target price of $72.19, suggesting a potential upside of 13.35%. Given Fortinet's stronger consensus rating and higher probable upside, equities analysts clearly believe Zscaler is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zscaler
0 Sell rating(s)
5 Hold rating(s)
27 Buy rating(s)
1 Strong Buy rating(s)
2.88
Fortinet
2 Sell rating(s)
20 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.27

Fortinet received 812 more outperform votes than Zscaler when rated by MarketBeat users. Likewise, 67.36% of users gave Fortinet an outperform vote while only 59.34% of users gave Zscaler an outperform vote.

CompanyUnderperformOutperform
ZscalerOutperform Votes
451
59.34%
Underperform Votes
309
40.66%
FortinetOutperform Votes
1263
67.36%
Underperform Votes
612
32.64%

Zscaler has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.08, indicating that its share price is 8% more volatile than the S&P 500.

Fortinet has higher revenue and earnings than Zscaler. Zscaler is trading at a lower price-to-earnings ratio than Fortinet, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zscaler$1.62B16.24-$202.34M-$0.95-184.36
Fortinet$5.30B9.29$1.15B$1.4544.53

Summary

Fortinet beats Zscaler on 11 of the 19 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.
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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.
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FTNT vs. The Competition

MetricFortinetComputer peripheral equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$49.27B$10.45B$18.49B$7.30B
Dividend YieldN/A4.30%2.78%3.98%
P/E Ratio44.5333.10216.4815.30
Price / Sales9.293.29535.1980.65
Price / Cash32.3019.3727.0827.23
Price / Book-107.624.926.544.22
Net Income$1.15B$94.26M$623.38M$213.34M
7 Day Performance0.14%1.46%-1.14%-0.42%
1 Month Performance-5.46%-7.00%-4.50%-5.10%
1 Year Performance-3.31%144.23%13.34%4.76%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZS
Zscaler
4.5018 of 5 stars
$174.32
-0.3%
$230.55
+32.3%
+68.1%$26.12B$1.62B-183.495,962
CRWD
CrowdStrike
4.8946 of 5 stars
$299.15
-0.1%
$373.29
+24.8%
+118.6%$72.36B$3.06B831.007,925
LOGI
Logitech International
3.4515 of 5 stars
$79.69
-1.9%
$92.43
+16.0%
+37.3%$12.60B$4.54B26.042,400Upcoming Earnings
Analyst Report
High Trading Volume
JNPR
Juniper Networks
3.9102 of 5 stars
$36.42
-0.3%
$34.27
-5.9%
+15.4%$11.81B$5.56B38.343,374Upcoming Earnings
Analyst Revision
FFIV
F5
4.4786 of 5 stars
$183.06
-0.4%
$186.82
+2.1%
+34.0%$10.77B$2.81B23.806,524Upcoming Earnings
PANW
Palo Alto Networks
4.8605 of 5 stars
$275.02
+1.1%
$314.82
+14.5%
+45.8%$88.86B$6.89B42.9713,948
CARR
Carrier Global
4.7808 of 5 stars
$54.76
-1.3%
$60.77
+11.0%
+18.6%$49.29B$22.10B34.6653,000Upcoming Earnings
Dividend Announcement
ADSK
Autodesk
4.8515 of 5 stars
$228.24
-0.6%
$272.44
+19.4%
+11.9%$48.82B$5.50B54.2113,700
SNOW
Snowflake
4.4422 of 5 stars
$150.28
-1.1%
$202.00
+34.4%
+1.4%$50.22B$2.81B-58.937,004Analyst Downgrade
TEAM
Atlassian
4.1697 of 5 stars
$194.85
+1.6%
$224.25
+15.1%
+22.5%$50.55B$3.53B-130.776,433Upcoming Earnings
Insider Selling
News Coverage

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This page (NASDAQ:FTNT) was last updated on 4/23/2024 by MarketBeat.com Staff

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