16.02 0.00 (0.00%)
Pre-Market: 9:17AM EDT
|Bid||16.03 x 1300|
|Ask||16.07 x 1000|
|Day's Range||15.99 - 16.66|
|52 Week Range||13.40 - 19.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.05|
DUBAI, United Arab Emirates (AP) — A cybersecurity firm is warning that Iranian government-aligned hackers have stepped up their efforts in the wake of President Donald Trump pulling America from the nuclear deal.
Of the 38 analysts covering Palo Alto Networks (PANW) on September 10, 27 recommended “buy,” eight recommended “hold,” and two recommended “sell,” as shown in the graph below. One analyst rated it as “overweight.”
On September 10, Palo Alto (PANW) was trading at a forward EV1-to-sales multiple of ~7.13x, ~58% higher than the industry average. Meanwhile, peers Fortinet (FTNT), Splunk (SPLK), and FireEye (FEYE) had forward EV-to-sales multiples of ~6.8x, ~8.93x, and ~3.3x, respectively, as shown in the graph below.
Cybersecurity company Palo Alto Networks (PANW) is expanding its product portfolio, adding new and updated products. In the last year, the company has launched updated versions of almost every one of its next-generation firewalls. It has also offered new solutions to clients. Palo Alto’s firewalls, combined with cloud-based subscriptions and technology, provide high-end network security protection, helping clients avoid implementing multiple-point cybersecurity solutions.
On September 6, Palo Alto Networks (PANW) reported better-than-expected fiscal Q4 2018 results and forecasted that the current quarter results will come in above estimates. What makes Palo Alto Networks leaders optimistic? First, Palo Alto Networks made leadership changes recently, where former Google executive Nikesh Arora was brought in as chief executive officer in June.
FireEye, Inc. (FEYE), the intelligence-led security company, today released the results of its Email Threat Report. Based on the analysis of a sample set of over half-a-billion emails from 1H 2018, FireEye found that less than a third (32%) of email traffic seen in the first half of 2018 was considered ‘clean’ and actually delivered to an inbox. The report also found that 1 in every 101 emails had malicious intent.
The theme for his latest set? Stocks that are “mmm-mmm good.” (No, the soup company didn’t make the list.)
The big shareholder groups in FireEye Inc (NASDAQ:FEYE) have power over the company. Institutions often own shares in more established companies, while it’s not unusual to see insiders own aRead More...
Short interest is moderate for FEYE with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $1.18 billion over the last one-month into ETFs that hold FEYE are among the lowest of the last year and appear to be slowing.
Growing sophistication of cyber-attacks and repeated attempts at high-profile hacking have kept countries around the globe alert over the past few years. A series of cyber-attacks like WannaCry or WannaCrypt ransomware attacks and Petya rocked the globe.
Growing data breach concerns ahead of the U.S mid-term elections in November is boosting the prospects of cyber-security firms.
New center stage additions include cyber security learnings from a former Chairman and CEO of a major U.S. corporation and the role of threat intelligence in detecting Iranian thre
On August 27, 29 analysts tracked Symantec (SYMC) stock. Three rated SYMC as a “buy,” and 23 provided a “hold” rating. The company received one rating each of “overweight,” “underweight,” and “sell.” The chart below illustrates these ratings.
FireEye, Inc. , the intelligence-led security company, today announced participation in upcoming investor conferences.
Symantec’s (SYMC) Enterprise Security business segment, which comprises ~50.0% of its total business, continued to witness declining sales in the last few quarters. Despite the launch of new products, the company’s Enterprise Security business seems to be struggling to retain its dominance in the endpoint security market. From the graph above, we can see the Enterprise Security unit revenue trends in the last five quarters.
FireEye (FEYE) continues to see international growth driven by its Helix user interface platform, iSIGHT Intelligence, and Mandiant. The company’s Mandiant service, which includes expert security consulting, incident response, and managed security services, is being adopted by many international companies. Such growing popularity has registered record fiscal second-quarter business for Mandiant.
FireEye’s (FEYE) Helix user interface is gaining traction across different organizations due to the one-stop solution it offers to its clients. It also improves business efficiency for its clients through better management. In the graph above, we can see FireEye’s revenue growth over the last five years.
To downplay competition and gain market traction, FireEye (FEYE) has implemented a variety of strategies. The successful deployments of such key measures are helping the company retain its market share. FireEye’s aim to increase its engagement with its channel partners is adding to its productivity.
FireEye (FEYE) mainly serves the small and medium segments of the market, where customers are quite price sensitive. Its Network Security product was priced on a capacity basis, its Email Security product was priced per mailbox, and its Endpoint Security product was priced per agent. To retain its client base, the company has introduced a simple pricing strategy whereby users come under a single subscription plan for virtual and cloud-based security product deployments. For clients with up to 2,000 users, the company is also offering its FireEye Security Suite, which covers all three spokes (network, endpoint, webmail) in a single bundled package.
FireEye (FEYE) accelerates its product innovation strategy by upgrading its cybersecurity tools on a regular basis. Although the company’s softness in cloud email billings may have offset its email security business to some extent, its on-premises email demand has remained intact. The cybersecurity company’s email security business is expected to gain from the digitalization trend as more and more enterprises start adopting cloud platforms for work purposes.