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

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$114.88 -0.24 (-0.21 %)
(As of 08/20/2018 09:07 AM ET)
Previous Close$115.12
Today's Range$113.28 - $115.02
52-Week Range$82.61 - $130.27
Volume869,003 shs
Average Volume681,282 shs
Market Capitalization$6.01 billion
P/E Ratio-87.69
Dividend YieldN/A
Beta1.18
Proofpoint logoProofpoint, 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
SymbolNASDAQ:PFPT
CUSIP74342410
Phone408-517-4710

Debt

Debt-to-Equity Ratio0.69
Current Ratio0.65
Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio-87.69
Forward P/E Ratio-97.36
P/E GrowthN/A

Sales & Book Value

Annual Sales$515.29 million
Price / Sales11.43
Cash Flow$0.9917 per share
Price / Cash115.84
Book Value$5.20 per share
Price / Book22.09

Profitability

EPS (Most Recent Fiscal Year)($1.31)
Net Income$-84,330,000.00
Net Margins-12.93%
Return on Equity-16.48%
Return on Assets-3.57%

Miscellaneous

Employees2,047
Outstanding Shares51,270,000
Market Cap$6.01 billion

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 earnings results on Thursday, July, 26th. The software maker reported $0.26 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.09. The software maker earned $171.90 million during the quarter, compared to the consensus estimate of $169.46 million. Proofpoint had a negative return on equity of 16.48% and a negative net margin of 12.93%. The business's quarterly revenue was up 40.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 EPS. View Proofpoint's Earnings History.

When is Proofpoint's next earnings date?

Proofpoint is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Proofpoint.

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

Proofpoint updated its FY18 earnings guidance on Thursday, July, 26th. The company provided EPS guidance of $1.12-1.19 for the period, compared to the Thomson Reuters consensus estimate of $1.07. The company issued revenue guidance of $705-709 million, compared to the consensus revenue estimate of $706.59 million.Proofpoint also updated its Q3 guidance to $0.25-0.29 EPS.

What price target have analysts set for PFPT?

25 brokers have issued 1-year price objectives for Proofpoint's stock. Their predictions range from $100.00 to $145.00. On average, they expect Proofpoint's stock price to reach $128.7143 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for Proofpoint.

What is the consensus analysts' recommendation for Proofpoint?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proofpoint in the last year. There are currently 5 hold ratings and 20 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 strong second-quarter 2018 results wherein both the top and the bottom lines came in better than expected. This apart, Proofpoint witnessed significant year-over-year improvement on both counts. Furthermore, an optimistic third-quarter outlook and upbeat full-year guidance are encouraging. The company’s sustained focus on launching new products, acquisitions and partnerships have helped it to register over 35% revenue growth continuously for the last few quarters. The company also maintains a high renewal rate of more than 90% which signifies that it has a better product portfolio and stickier customers. Shares outperformed the industry on a year-to-date basis. Nonetheless, 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. Intensifying competition and an uncertain macroeconomic environment add to its woes." (8/1/2018)
  • 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)

Are investors shorting Proofpoint?

Proofpoint saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,043,259 shares, an increase of 35.5% from the July 13th total of 2,246,637 shares. Based on an average daily volume of 1,120,688 shares, the days-to-cover ratio is currently 2.7 days. Currently, 6.1% of the company's stock are short sold. View Proofpoint's Current Options Chain.

Who are some of Proofpoint's key competitors?

Who are Proofpoint's key executives?

Proofpoint's management team includes the folowing people:
  • Mr. Eric A. Hahn, Chairman (Age 59)
  • Mr. Gary L. Steele, CEO & Director (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)

Has Proofpoint been receiving favorable news coverage?

News coverage about PFPT stock has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Proofpoint earned a coverage optimism score of 0.06 on Accern's scale. They also gave news coverage about the software maker an impact score of 46.49 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Proofpoint.

Who are Proofpoint's major shareholders?

Proofpoint's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (5.43%), BlackRock Inc. (4.80%), FMR LLC (2.42%), Bank of New York Mellon Corp (1.40%), Wasatch Advisors Inc. (1.39%) and Macquarie Group Ltd. (1.35%). Company insiders that own Proofpoint stock include Bhagwat Swaroop, David Knight, Eric Hahn, Gary Steele, Paul R Auvil III, Robert Darren Lee and Tracey Newell. View Institutional Ownership Trends for Proofpoint.

Which institutional investors are selling Proofpoint stock?

PFPT stock was sold by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, BlackRock Inc., Bank of New York Mellon Corp, Renaissance Technologies LLC, OppenheimerFunds Inc., Eagle Asset Management Inc., Macquarie Group Ltd. and Waddell & Reed Financial Inc.. Company insiders that have sold Proofpoint company stock in the last year include Bhagwat Swaroop, David Knight, Eric Hahn, Gary Steele, Paul R Auvil III, Robert Darren Lee and Tracey Newell. View Insider Buying and Selling for Proofpoint.

Which institutional investors are buying Proofpoint stock?

PFPT stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Millennium Management LLC, Paloma Partners Management Co, Cubist Systematic Strategies LLC, DE Burlo Group Inc., First Trust Advisors LP, British Airways Pensions Investment Management Ltd and Fred Alger Management Inc.. 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 $114.88.

How big of a company is Proofpoint?

Proofpoint has a market capitalization of $6.01 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.

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:  732 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  980
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 8/20/2018 by MarketBeat.com Staff

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