Fortinet (FTNT) Competitors

$61.43
+0.19 (+0.31%)
(As of 05/17/2024 ET)

FTNT vs. ZS, CRWD, LOGI, JNPR, FFIV, INVE, PANW, SMCI, TEL, and ADSK

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), Identiv (INVE), Palo Alto Networks (PANW), Super Micro Computer (SMCI), TE Connectivity (TEL), and Autodesk (ADSK). These companies are all part of the "computer and technology" sector.

Fortinet vs.

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

Fortinet received 816 more outperform votes than Zscaler when rated by MarketBeat users. Likewise, 67.05% of users gave Fortinet an outperform vote while only 59.50% of users gave Zscaler an outperform vote.

CompanyUnderperformOutperform
FortinetOutperform Votes
1270
67.05%
Underperform Votes
624
32.95%
ZscalerOutperform Votes
454
59.50%
Underperform Votes
309
40.50%

In the previous week, Zscaler had 14 more articles in the media than Fortinet. MarketBeat recorded 26 mentions for Zscaler and 12 mentions for Fortinet. Fortinet's average media sentiment score of 0.92 beat Zscaler's score of 0.45 indicating that Fortinet is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortinet
8 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Zscaler
9 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
6 Negative mention(s)
0 Very Negative mention(s)
Neutral

Fortinet has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, Zscaler has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500.

83.7% of Fortinet shares are held by institutional investors. Comparatively, 46.5% of Zscaler shares are held by institutional investors. 17.5% of Fortinet shares are held by company insiders. Comparatively, 19.2% of Zscaler shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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
Fortinet$5.30B8.85$1.15B$1.5340.15
Zscaler$1.62B16.58-$202.34M-$0.95-188.27

Fortinet presently has a consensus target price of $70.37, indicating a potential upside of 14.55%. Zscaler has a consensus target price of $232.29, indicating a potential upside of 29.87%. Given Zscaler's stronger consensus rating and higher possible upside, analysts plainly believe Zscaler is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortinet
2 Sell rating(s)
20 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.25
Zscaler
0 Sell rating(s)
5 Hold rating(s)
27 Buy rating(s)
1 Strong Buy rating(s)
2.88

Fortinet has a net margin of 22.23% compared to Zscaler's net margin of -7.32%. Zscaler's return on equity of -14.60% beat Fortinet's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortinet22.23% -2,235.48% 15.38%
Zscaler -7.32%-14.60%-3.14%

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$46.93B$11.32B$21.00B$7.96B
Dividend YieldN/A4.57%2.71%3.91%
P/E Ratio40.1515.52230.3015.36
Price / Sales8.853.00554.5077.84
Price / Cash31.2020.7229.1231.98
Price / Book-341.285.326.674.76
Net Income$1.15B$108.82M$635.03M$217.17M
7 Day Performance5.62%1.98%2.03%2.90%
1 Month Performance-4.06%-1.35%5.66%6.57%
1 Year Performance-9.85%2.42%24.77%10.17%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZS
Zscaler
4.8164 of 5 stars
$176.82
+1.0%
$230.24
+30.2%
+44.3%$26.51B$1.90B-186.135,962Analyst Forecast
CRWD
CrowdStrike
4.1661 of 5 stars
$329.55
+3.2%
$371.87
+12.8%
+143.9%$77.20B$3.06B915.447,925Analyst Forecast
Insider Selling
Short Interest ↑
News Coverage
LOGI
Logitech International
2.7624 of 5 stars
$89.17
+3.3%
$91.00
+2.1%
+41.1%$14.10B$4.30B23.042,400Analyst Revision
News Coverage
Gap Up
JNPR
Juniper Networks
4.4877 of 5 stars
$34.44
-0.2%
$34.55
+0.3%
+17.7%$11.19B$5.56B49.913,374Insider Selling
Short Interest ↓
News Coverage
FFIV
F5
4.1508 of 5 stars
$171.93
+0.3%
$185.10
+7.7%
+22.6%$10.08B$2.78B20.596,524Analyst Revision
INVE
Identiv
1.8823 of 5 stars
$4.19
-2.1%
$8.75
+108.8%
-43.8%$97.75M$116.38M-11.64394
PANW
Palo Alto Networks
4.6165 of 5 stars
$301.54
-0.2%
$314.31
+4.2%
+67.5%$97.43B$6.89B47.1213,948Upcoming Earnings
Analyst Forecast
SMCI
Super Micro Computer
4.73 of 5 stars
$822.37
+5.1%
$954.38
+16.1%
+439.6%$46.00B$7.12B46.105,126Positive News
Gap Up
TEL
TE Connectivity
3.8871 of 5 stars
$149.29
+1.0%
$153.89
+3.1%
+22.7%$45.72B$16.03B13.6690,000Analyst Forecast
Analyst Revision
ADSK
Autodesk
4.8457 of 5 stars
$215.83
-0.4%
$274.67
+27.3%
+8.0%$46.51B$5.50B51.2713,700Upcoming Earnings
Short Interest ↓

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This page (NASDAQ:FTNT) was last updated on 5/19/2024 by MarketBeat.com Staff

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