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Fortinet (FTNT) Competitors

$59.73
+0.28 (+0.47%)
(As of 05/29/2024 ET)

FTNT vs. ZS, JNPR, PFPT, FFIV, CRWD, NOW, AXON, QLYS, CVLT, and AI

Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include Zscaler (ZS), Juniper Networks (JNPR), Proofpoint (PFPT), F5 (FFIV), CrowdStrike (CRWD), ServiceNow (NOW), Axon Enterprise (AXON), Qualys (QLYS), Commvault Systems (CVLT), and C3.ai (AI).

Fortinet vs.

Zscaler (NASDAQ:ZS) and Fortinet (NASDAQ:FTNT) 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 risk, media sentiment, dividends, profitability, analyst recommendations, valuation, earnings, institutional ownership and community ranking.

Fortinet has a net margin of 22.23% 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 22.23%-2,235.48%15.38%

In the previous week, Zscaler had 7 more articles in the media than Fortinet. MarketBeat recorded 29 mentions for Zscaler and 22 mentions for Fortinet. Zscaler's average media sentiment score of 0.90 beat Fortinet's score of 0.43 indicating that Fortinet is being referred to more favorably in the news media.

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

Zscaler has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.08, suggesting 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$1.90B13.13-$202.34M-$0.95-174.71
Fortinet$5.30B8.64$1.15B$1.5339.23

Fortinet received 813 more outperform votes than Zscaler when rated by MarketBeat users. Likewise, 67.07% of users gave Fortinet an outperform vote while only 59.48% of users gave Zscaler an outperform vote.

CompanyUnderperformOutperform
ZscalerOutperform Votes
458
59.48%
Underperform Votes
312
40.52%
FortinetOutperform Votes
1271
67.07%
Underperform Votes
624
32.93%

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, 18.0% 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 price target of $227.79, indicating a potential upside of 36.99%. Fortinet has a consensus price target of $70.10, indicating a potential upside of 17.62%. Given Fortinet's stronger consensus rating and higher possible upside, research analysts plainly believe Zscaler is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zscaler
0 Sell rating(s)
7 Hold rating(s)
26 Buy rating(s)
1 Strong Buy rating(s)
2.82
Fortinet
2 Sell rating(s)
20 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.25

Summary

Fortinet beats Zscaler on 11 of the 19 factors compared between the two stocks.

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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$45.85B$11.11B$20.91B$8.05B
Dividend YieldN/A4.54%2.73%3.97%
P/E Ratio39.2316.72238.6915.77
Price / Sales8.643.36535.6672.66
Price / Cash31.2620.3728.8331.30
Price / Book-333.443.086.414.57
Net Income$1.15B$108.82M$617.82M$213.29M
7 Day Performance-2.52%1.56%-0.37%-1.13%
1 Month Performance-6.66%-1.63%2.40%2.17%
1 Year Performance-11.44%2.16%27.16%6.99%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZS
Zscaler
4.3377 of 5 stars
$171.64
-0.2%
$230.76
+34.4%
+25.7%$25.73B$1.62B-180.675,962Upcoming Earnings
Analyst Forecast
News Coverage
JNPR
Juniper Networks
4.3103 of 5 stars
$34.69
+0.3%
$34.55
-0.4%
+12.9%$11.27B$5.56B50.283,374Analyst Forecast
Positive News
PFPT
Proofpoint
0 of 5 stars
$175.90
flat
N/A+0.0%$10.16B$1.05B-61.293,658Analyst Forecast
FFIV
F5
4.454 of 5 stars
$169.90
0.0%
$185.10
+8.9%
+13.6%$9.96B$2.81B20.356,524Short Interest ↑
Positive News
CRWD
CrowdStrike
4.4354 of 5 stars
$351.47
+2.7%
$371.87
+5.8%
+125.0%$85.01B$3.06B976.337,925Upcoming Earnings
Analyst Forecast
Short Interest ↓
NOW
ServiceNow
4.7792 of 5 stars
$738.51
-2.6%
$808.73
+9.5%
+35.6%$151.39B$8.97B78.9922,668Insider Selling
Short Interest ↑
AXON
Axon Enterprise
3.635 of 5 stars
$285.63
+2.0%
$335.27
+17.4%
+47.8%$21.56B$1.56B83.524,260Insider Selling
Positive News
QLYS
Qualys
3.0053 of 5 stars
$146.48
+0.2%
$162.23
+10.8%
+13.1%$5.41B$554.46M33.912,188Insider Selling
CVLT
Commvault Systems
3.1304 of 5 stars
$110.60
0.0%
$119.40
+8.0%
+60.3%$4.80B$839.25M29.412,882
AI
C3.ai
3.0861 of 5 stars
$24.04
+0.4%
$31.50
+31.0%
-26.8%$2.93B$266.80M-10.32914News Coverage

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This page (NASDAQ:FTNT) was last updated on 5/29/2024 by MarketBeat.com Staff

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