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NASDAQ:PFPTProofpoint Stock Price, Forecast & News

$112.24
-1.55 (-1.36 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$111.77
Now: $112.24
$114.93
50-Day Range
$106.87
MA: $111.71
$118.51
52-Week Range
$83.81
Now: $112.24
$133.58
Volume691,905 shs
Average Volume813,162 shs
Market Capitalization$6.43 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.38
Proofpoint, Inc. operates as a security-as-a-service 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 integrated email security, advanced threat, information protection and archiving, and digital risk protection product services. 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; and extensible security-as-a-service platform. 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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Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 3.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.90 out of 5 stars


Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustrySystems Software
Current SymbolNASDAQ:PFPT
CUSIP74342410
Phone408-517-4710

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$888.19 million
Cash Flow$2.39 per share
Book Value$10.57 per share

Profitability

Net Income$-130,260,000.00

Miscellaneous

Employees3,368
Market Cap$6.43 billion
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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Proofpoint (NASDAQ:PFPT) Frequently Asked Questions

How has Proofpoint's stock been impacted by COVID-19 (Coronavirus)?

Proofpoint's stock was trading at $103.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PFPT shares have increased by 8.7% and is now trading at $112.24. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Proofpoint?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proofpoint in the last year. There are currently 6 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Proofpoint.

When is Proofpoint's next earnings date?

Proofpoint is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Proofpoint.

How were Proofpoint's earnings last quarter?

Proofpoint Inc (NASDAQ:PFPT) announced its quarterly earnings data on Thursday, May, 7th. The software maker reported $0.38 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.11. The software maker had revenue of $249.77 million for the quarter, compared to analysts' expectations of $245.52 million. Proofpoint had a negative net margin of 18.85% and a negative return on equity of 10.15%. Proofpoint's revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 EPS. View Proofpoint's earnings history.

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

Proofpoint updated its second quarter earnings guidance on Thursday, May, 7th. The company provided EPS guidance of $0.38-0.41 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.32. The company issued revenue guidance of $251-255 million, compared to the consensus revenue estimate of $252.55 million.

What price target have analysts set for PFPT?

22 equities research analysts have issued twelve-month price objectives for Proofpoint's shares. Their forecasts range from $111.00 to $166.00. On average, they anticipate Proofpoint's share price to reach $141.57 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price. View analysts' price targets 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’s near-term bottom-line results are expected to remain under pressure due to continued investments in sales and marketing initiatives. Higher depreciation expense is also expected to drag down profitability. Moreover, declining hardware and services revenues are likely to keep straining the company’s near-term top-line performances. Notably, shares of Proofpoint have underperformed the industry in the past year. Nonetheless, the company is benefiting from strong customer wins and solid progress in emerging products. Solid demand for its next-generation cloud security and compliance platform, ongoing migration to the cloud, solid international growth and high renewal rates are other tailwinds. Robust demand for Email Fraud Defense, Threat Response and PSAT are positives as well." (4/13/2020)
  • 2. Robert W. Baird analysts commented, "We recently had the road to meet with investors. Proofpoint’s bundling strategy, while still relatively new, appears to be gaining momentum and may help simplify the purchasing process for customers. Products beyond core email security are also growing in importance and becoming a greater driver to growth as messaging security continues to shift beyond securing email. We come away from our meetings remaining confident in the Proofpoint story, and believe the company is well positioned for continued growth." (9/13/2019)
  • 3. Northland Securities analysts commented, "We note the initial successes in International and Federal Govt, which had been lagging markets for Proofpoint." (7/26/2019)

Has Proofpoint been receiving favorable news coverage?

News stories about PFPT stock have been trending negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Proofpoint earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an effect on the company's share price in the near term. View the latest news about Proofpoint.

Who are some of Proofpoint's key competitors?

What other stocks do shareholders of Proofpoint own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Proofpoint investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Palo Alto Networks (PANW), salesforce.com (CRM), Paypal (PYPL), Micron Technology (MU), Adobe (ADBE), Cisco Systems (CSCO) and Walt Disney (DIS).

Who are Proofpoint's key executives?

Proofpoint's management team includes the following people:
  • Mr. Gary L. Steele, Chairman of Board & CEO (Age 57)
  • Mr. Paul R. Auvil III, Chief Financial Officer (Age 55)
  • Mr. Blake P. Sallé, Exec. VP of Worldwide Sales (Age 47)
  • Mr. David Knight, Exec. VP & GM of Security Products (Age 53)
  • Mr. Bhagwat Swaroop, Exec. VP of Industry Solutions & Bus. Devel. (Age 44)

What is Proofpoint's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Proofpoint's stock price today?

One share of PFPT stock can currently be purchased for approximately $112.24.

How big of a company is Proofpoint?

Proofpoint has a market capitalization of $6.43 billion and generates $888.19 million in revenue each year. The software maker earns $-130,260,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis. Proofpoint employs 3,368 workers across the globe.

What is Proofpoint's official website?

The official website for Proofpoint is 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.

This page was last updated on 7/4/2020 by MarketBeat.com Staff

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