NASDAQ:PFPT - Proofpoint Stock Price, News, & Analysis

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$89.06 -2.54 (-2.77 %)
(As of 12/17/2018 07:09 AM ET)
Previous Close$91.60
Today's Range$88.66 - $91.01
52-Week Range$75.92 - $130.27
Volume646,592 shs
Average Volume545,094 shs
Market Capitalization$4.87 billion
P/E Ratio-67.98
Dividend YieldN/A
Beta1.46
Proofpoint, Inc. operates as a security-as-a-service (SaaS) provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide. It offers protection against advanced and targeted threats, including malicious attachments, polymorphic threats, zero-day exploits, user-transparent ‘drive-by' downloads, malicious Web links, hybrid threats, malware free attacks, and other penetration tactics. The company also provides solutions for email security, such as enterprise protection, email fraud defense, and email continuity offerings; advanced threat products, including solutions to protect organizations across threat vectors, including email, social media, mobile apps, and SaaS applications; a suite of security solutions comprising data loss prevention, encryption, data discover for data at rest, enterprise archive, eDiscovery analytics, and supervision; and digital risk protection suite that enables organizations to look beyond their borders for threats targeting their customers across email phishing, malicious Web domains, fraudulent mobile apps, and fraudulent social media accounts. In addition, it offers solutions that enable secure business-to-business and business-to-consumer communications; email encryption services that encrypt sensitive emails and deliver them to PC or mobile device; file-transfer solutions for end-users to share various forms of documents and other content; security optimized cloud architecture solutions. The company serves aerospace and defense, education, financial services, government, healthcare, manufacturing, and retail sectors. Proofpoint, Inc. was founded in 2002 and is headquartered in Sunnyvale, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustrySystems Software
SectorComputer and Technology
Current SymbolNASDAQ:PFPT
Previous Symbol
CUSIP74342410
Phone408-517-4710

Debt

Debt-to-Equity RatioN/A
Current Ratio0.72
Quick Ratio0.72

Price-To-Earnings

Trailing P/E Ratio-67.98
Forward P/E Ratio-78.12
P/E GrowthN/A

Sales & Book Value

Annual Sales$515.29 million
Price / Sales9.45
Cash Flow$1.0114 per share
Price / Cash Flow88.06
Book Value$5.20 per share
Price / Book17.13

Profitability

EPS (Most Recent Fiscal Year)($1.31)
Net Income$-84,330,000.00
Net Margins-14.08%
Return on Equity-11.86%
Return on Assets-3.73%

Miscellaneous

Employees2,047
Outstanding Shares54,650,000
Market Cap$4.87 billion
OptionableOptionable

Proofpoint (NASDAQ:PFPT) Frequently Asked Questions

What is Proofpoint's stock symbol?

Proofpoint trades on the NASDAQ under the ticker symbol "PFPT."

How were Proofpoint's earnings last quarter?

Proofpoint Inc (NASDAQ:PFPT) announced its quarterly earnings results on Thursday, October, 25th. The software maker reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.33) by $0.73. The software maker earned $184.18 million during the quarter, compared to the consensus estimate of $181.69 million. Proofpoint had a negative return on equity of 11.86% and a negative net margin of 14.08%. View Proofpoint's Earnings History.

When is Proofpoint's next earnings date?

Proofpoint is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Proofpoint.

What guidance has Proofpoint issued on next quarter's earnings?

Proofpoint issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $1.29-1.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.17. The company issued revenue guidance of $709.5-711.5 million, compared to the consensus revenue estimate of $708.53 million.Proofpoint also updated its Q4 2018 guidance to $0.33-0.36 EPS.

What price target have analysts set for PFPT?

22 brokerages have issued 12 month target prices for Proofpoint's stock. Their predictions range from $95.00 to $144.00. On average, they expect Proofpoint's stock price to reach $124.1905 in the next twelve months. This suggests a possible upside of 39.4% from the stock's current price. View Analyst Price Targets for Proofpoint.

What is the consensus analysts' recommendation for Proofpoint?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proofpoint in the last year. There are currently 1 hold rating and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Proofpoint.

What are Wall Street analysts saying about Proofpoint stock?

Here are some recent quotes from research analysts about Proofpoint stock:
  • 1. According to Zacks Investment Research, "Proofpoint recently reported Q3 results wherein both the top and bottom lines witnessed significant year-over-year improvement. Robust demand for the company’s next-generation SaaS-based security and compliance platform, ongoing transition to the cloud, particularly to Microsoft’s Office 365 and the rapidly growing threat landscape were the key growth drivers. Partnerships with Palo Alto Networks, CyberArk, Imperva and Splunk are also driving key wins for the company. However, the guidance given by the company for fiscal 2019 makes us apprehensive. The company expects the inorganic revenue contributions in 2018 to lead to challenging year-over-year comparison in 2019. The company anticipates additional headwinds in the coming year due to no contribution from the Cloudmark OEM business. Moreover, since it continues to invest in sales and marketing, we anticipate this to remain a drag on the company’s bottom line in the near term." (11/14/2018)
  • 2. Evercore ISI analysts commented, "We view Ms. Newell’s sales leadership at Proofpoint as highly effective and believe that she is taking on a role with more responsibility at another software company which does not compete with Proofpoint. It is possible that she could be taking on a C-level position which would be an understandable career progression." (5/30/2018)
  • 3. BTIG Research analysts commented, "Proofpoint unsurprisingly continued its string of beats-and-raises, highlighted by subscription revenues of $158.8M (vs. $148.8M cons.) and EPS of $0.30 (vs. $0.15 cons.). The FY guidance uptick is substantial compared to guidance provided last quarter but marginal compared to updated guidance from the company in March (post-Wombat acquisition close). Billings experienced record low contract duration in the quarter (near the low end of its 14-20 month historical range), evidentiary of the company’s position of strength in the marketplace from a customer retention and pricing competitiveness standpoint. With Proofpoint’s growing portfolio of people-centric products, the company continues to meaningfully expand its TAM while aptly identifying the human element in security as a primary, high-risk attack surface. Plainly, we remain bullish on Proofpoint’s ability to win and retain customers through its leadership in cybersecurity efficacy and insistence on understanding the customer. We are raising our estimates and increasing our PT to $138 from $125. Reiterate Buy." (4/29/2018)

Has Proofpoint been receiving favorable news coverage?

Headlines about PFPT stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Proofpoint earned a news impact score of 1.0 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are some of Proofpoint's key competitors?

Who are Proofpoint's key executives?

Proofpoint's management team includes the folowing people:
  • Mr. Gary L. Steele, Chairman of Board & CEO (Age 56)
  • Mr. Paul R. Auvil III, Chief Financial Officer (Age 54)
  • Mr. David Knight, Exec. VP & Gen. Mang. of Threat Systems Products (Age 52)
  • Mr. Robert Darren Lee, Sr. VP & GM of Info. Archiving and Governance Products (Age 52)
  • Mr. Jason Starr, VP of Investor Relations

Who are Proofpoint's major shareholders?

Proofpoint's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc (8.16%), Vanguard Group Inc. (8.16%), BlackRock Inc. (4.55%), Wells Fargo & Company MN (3.99%), TIAA CREF Investment Management LLC (3.32%) and FMR LLC (2.78%). Company insiders that own Proofpoint stock include Bhagwat Swaroop, David Knight, Eric Hahn, Gary Steele, Michael M Johnson, Paul R Auvil III, Robert Darren Lee and Tracey Newell. View Institutional Ownership Trends for Proofpoint.

Which major investors are selling Proofpoint stock?

PFPT stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Allianz Asset Management GmbH, Wells Fargo & Company MN, Putnam Investments LLC, Deutsche Bank AG, Credit Suisse AG, Renaissance Technologies LLC and Russell Investments Group Ltd.. Company insiders that have sold Proofpoint company stock in the last year include Bhagwat Swaroop, David Knight, Eric Hahn, Gary Steele, Michael M Johnson, Paul R Auvil III, Robert Darren Lee and Tracey Newell. View Insider Buying and Selling for Proofpoint.

Which major investors are buying Proofpoint stock?

PFPT stock was purchased by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Teachers Advisors LLC, Neuberger Berman Group LLC, Wasatch Advisors Inc., FMR LLC, Los Angeles Capital Management & Equity Research Inc., Alliancebernstein L.P. and First Trust Advisors LP. View Insider Buying and Selling for Proofpoint.

How do I buy shares of Proofpoint?

Shares of PFPT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Proofpoint's stock price today?

One share of PFPT stock can currently be purchased for approximately $89.06.

How big of a company is Proofpoint?

Proofpoint has a market capitalization of $4.87 billion and generates $515.29 million in revenue each year. The software maker earns $-84,330,000.00 in net income (profit) each year or ($1.31) on an earnings per share basis. Proofpoint employs 2,047 workers across the globe.

What is Proofpoint's official website?

The official website for Proofpoint is http://www.proofpoint.com.

How can I contact Proofpoint?

Proofpoint's mailing address is 892 ROSS DRIVE, SUNNYVALE CA, 94089. The software maker can be reached via phone at 408-517-4710.


MarketBeat Community Rating for Proofpoint (NASDAQ PFPT)

Community Ranking:  3.7 out of 5 (star star star)
Outperform Votes:  769 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  1,046
MarketBeat's community ratings are surveys of what our community members think about Proofpoint and other stocks. Vote "Outperform" if you believe PFPT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFPT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/17/2018 by MarketBeat.com Staff

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