Fortinet (FTNT) Competitors

$64.18
+0.15 (+0.23%)
(As of 04/26/2024 ET)

FTNT vs. ZS, CRWD, LOGI, JNPR, FFIV, PANW, CARR, SNOW, TEAM, and DASH

Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include Zscaler (ZS), CrowdStrike (CRWD), Logitech International (LOGI), Juniper Networks (JNPR), F5 (FFIV), Palo Alto Networks (PANW), Carrier Global (CARR), Snowflake (SNOW), Atlassian (TEAM), and DoorDash (DASH). These companies are all part of the "computer and technology" sector.

Fortinet vs.

Zscaler (NASDAQ:ZS) and Fortinet (NASDAQ:FTNT) are both large-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, valuation, risk, institutional ownership, media sentiment, earnings, community ranking, analyst recommendations and dividends.

Zscaler has a beta of 0.8, meaning that its stock price is 20% less volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500.

Zscaler presently has a consensus target price of $230.24, indicating a potential upside of 30.04%. Fortinet has a consensus target price of $72.19, indicating a potential upside of 12.49%. Given Fortinet's stronger consensus rating and higher possible upside, equities 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)
5 Hold rating(s)
27 Buy rating(s)
1 Strong Buy rating(s)
2.88
Fortinet
2 Sell rating(s)
20 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.27

Fortinet has a net margin of 21.64% 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 21.64%-7,572.46%14.78%

Fortinet received 812 more outperform votes than Zscaler when rated by MarketBeat users. Likewise, 67.36% of users gave Fortinet an outperform vote while only 59.34% of users gave Zscaler an outperform vote.

CompanyUnderperformOutperform
ZscalerOutperform Votes
451
59.34%
Underperform Votes
309
40.66%
FortinetOutperform Votes
1263
67.36%
Underperform Votes
612
32.64%

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$1.62B16.41-$202.34M-$0.95-186.37
Fortinet$5.30B9.23$1.15B$1.4544.26

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, 17.5% of Fortinet shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Fortinet had 7 more articles in the media than Zscaler. MarketBeat recorded 19 mentions for Fortinet and 12 mentions for Zscaler. Fortinet's average media sentiment score of 0.98 beat Zscaler's score of 0.67 indicating that Zscaler is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Zscaler
9 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
12 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Fortinet beats Zscaler on 11 of the 19 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.
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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$48.97B$10.79B$20.07B$7.55B
Dividend YieldN/A4.79%2.79%3.95%
P/E Ratio44.2647.85261.7919.19
Price / Sales9.233.35517.2785.76
Price / Cash32.6219.6628.4534.73
Price / Book-106.975.056.744.33
Net Income$1.15B$94.26M$638.97M$214.22M
7 Day Performance1.23%1.06%2.92%1.88%
1 Month Performance-4.59%-7.78%-2.91%-5.23%
1 Year Performance1.78%32.17%16.88%8.41%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZS
Zscaler
4.4938 of 5 stars
$176.92
+3.5%
$230.24
+30.1%
+89.5%$26.52B$1.62B-186.235,962
CRWD
CrowdStrike
4.5734 of 5 stars
$299.65
+3.6%
$371.87
+24.1%
+141.2%$72.48B$3.06B832.387,925
LOGI
Logitech International
3.5767 of 5 stars
$79.01
+1.0%
$92.43
+17.0%
+38.3%$12.50B$4.54B25.822,400Upcoming Earnings
Analyst Report
Short Interest ↓
JNPR
Juniper Networks
3.6542 of 5 stars
$35.90
-0.6%
$34.27
-4.5%
+17.3%$11.65B$5.56B37.793,374Dividend Announcement
Analyst Report
Analyst Revision
News Coverage
FFIV
F5
4.0649 of 5 stars
$180.23
+0.4%
$192.22
+6.7%
+37.8%$10.60B$2.81B23.446,524Upcoming Earnings
Short Interest ↑
PANW
Palo Alto Networks
4.6088 of 5 stars
$293.49
+4.2%
$314.82
+7.3%
+57.4%$94.83B$6.89B45.8613,948
CARR
Carrier Global
4.3887 of 5 stars
$55.17
+2.9%
$61.15
+10.8%
+45.9%$49.66B$22.10B34.9253,000Earnings Report
Analyst Report
News Coverage
SNOW
Snowflake
4.4826 of 5 stars
$151.17
+2.7%
$202.00
+33.6%
+6.3%$50.52B$2.81B-59.287,004Gap Up
TEAM
Atlassian
4.501 of 5 stars
$199.44
+2.7%
$224.25
+12.4%
+16.7%$51.74B$3.53B-133.856,433Analyst Report
Insider Selling
Short Interest ↓
News Coverage
Gap Down
DASH
DoorDash
2.079 of 5 stars
$129.36
+1.6%
$130.52
+0.9%
+126.1%$52.26B$8.64B-90.4619,300Upcoming Earnings

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This page (NASDAQ:FTNT) was last updated on 4/28/2024 by MarketBeat.com Staff

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