S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:FTNT

Fortinet Stock Competitors

$285.28
+10.12 (+3.68%)
(As of 05/20/2022 04:00 PM ET)
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Compare
Today's Range
$271.23
$289.00
50-Day Range
$245.22
$347.48
52-Week Range
$210.12
$371.77
Volume
2.29 million shs
Average Volume
1.71 million shs
Market Capitalization
$45.80 billion
P/E Ratio
74.68
Dividend Yield
N/A
Beta
1.21

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortinet$3.34 billion13.70$606.80 million$3.8274.68
Palo Alto Networks$4.26 billion11.08-$498.90 million-$3.98-120.27

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortinet
1 Very Positive mention(s)
0 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral
Palo Alto Networks
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral

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.

CompanyUnderperformOutperform
FortinetOutperform Votes
1189
70.36%
Underperform Votes
501
29.64%
Palo Alto NetworksOutperform Votes
2023
81.51%
Underperform Votes
459
18.49%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortinet
0 Sell rating(s)
8 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.64
Palo Alto Networks
0 Sell rating(s)
3 Hold rating(s)
30 Buy rating(s)
0 Strong Buy rating(s)
2.91

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.

Company Net Margins Return on Equity Return on Assets
Fortinet 17.79% 67.94% 9.46%
Palo Alto Networks -7.54% -54.57% -2.23%

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.
Skip Chart

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.
Skip Chart

Fortinet (NASDAQ:FTNT) vs. Its Competitors

MetricFortinetComputer peripheral equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$44.17B$6.62B$12.38B$5.71B
Dividend YieldN/A5.80%2.50%3.19%
P/E Ratio74.6852.5422.4811.22
Price / Sales13.704.49791.05102.30
Price / Cash58.7129.1255.4283.75
Price / Book196.7417.8812.304.63
Net Income$606.80M$60.57M$782.16M$240.07M
7 Day Performance1.32%-1.44%0.06%0.26%
1 Month Performance-11.20%-8.96%-7.52%-11.22%
1 Year Performance35.31%-19.03%-14.45%-26.98%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PANW
Palo Alto Networks
2.5159 of 5 stars
$478.68
+9.7%
$631.26
+31.9%
+39.7%$42.98B$4.26B-120.2710,473Earnings Report
Analyst Report
News Coverage
Gap Up
High Trading Volume
MNDT
Mandiant
1.2183 of 5 stars
$21.90
+0.9%
$18.67
-14.8%
N/A$5.08B$483.45M6.032,335
XRX
Xerox
2.3881 of 5 stars
$17.18
-0.3%
$14.00
-18.5%
-27.4%$2.67B$7.04B-5.0423,300Dividend Announcement
Insider Selling
Options Volume
CRSR
Corsair Gaming
2.6052 of 5 stars
$15.01
-0.9%
$27.50
+83.2%
-53.0%$1.44B$1.90B30.022,490
SSYS
Stratasys
1.9581 of 5 stars
$18.67
-0.3%
$31.40
+68.2%
-13.0%$1.06B$607.22M-19.052,039Analyst Report
MKFG
Markforged
1.5848 of 5 stars
$2.77
-2.1%
$8.25
+197.8%
N/A$518.27M$91.22M-34.63374Analyst Downgrade
MITK
Mitek Systems
2.4548 of 5 stars
$9.14
-0.1%
$23.33
+155.3%
-46.6%$405.77M$119.80M39.74435
INVE
Identiv
2.5948 of 5 stars
$11.35
+0.4%
$22.33
+96.8%
-29.9%$252.39M$103.77M567.50329
IMMR
Immersion
2.0181 of 5 stars
$5.40
-6.1%
$15.00
+177.8%
-32.2%$181.49M$35.09M11.2526
RDCM
RADCOM
1.2131 of 5 stars
$10.86
-0.4%
N/A+9.3%$157.26M$40.28M-36.20278
ALOT
AstroNova
1.3115 of 5 stars
$12.50
-2.0%
N/A-22.7%$93.30M$117.48M14.20327Analyst Report
Positive News
LINK
Interlink Electronics
1.4583 of 5 stars
$9.03
-2.7%
N/A-18.8%$58.53M$11.15M17.7389News Coverage
TACT
TransAct Technologies
2.2048 of 5 stars
$4.46
-5.1%
$13.67
+206.4%
-66.5%$44.20M$39.39M-7.08118Analyst Downgrade
LOGI
Logitech International
2.3593 of 5 stars
$58.67
+0.3%
$100.38
+71.1%
-48.0%$0.00$5.48B15.529,000Analyst Upgrade
This page was last updated on 5/21/2022 by MarketBeat.com Staff

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