PFPT - Proofpoint, Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
114.12
-3.22 (-2.74%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close117.34
Open117.15
Bid0.00 x 1000
Ask0.00 x 900
Day's Range113.79 - 117.16
52 Week Range75.92 - 131.43
Volume338,390
Avg. Volume530,207
Market Cap6.354B
Beta (3Y Monthly)1.47
PE Ratio (TTM)N/A
EPS (TTM)-2.25
Earnings DateJul 24, 2019 - Jul 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est138.12
Trade prices are not sourced from all markets
  • These Cybersecurity Stocks Rated As Buys On Cloud Computing Trend
    Investor's Business Daily12 hours ago

    These Cybersecurity Stocks Rated As Buys On Cloud Computing Trend

    Zscaler, Proofpoint and Mimecast will get a boost as large companies spend more on cloud computing security, says Cowen & Co. which rated them outperform as it initiated coverage Thursday.

  • Calculating The Intrinsic Value Of Proofpoint, Inc. (NASDAQ:PFPT)
    Simply Wall St.15 hours ago

    Calculating The Intrinsic Value Of Proofpoint, Inc. (NASDAQ:PFPT)

    In this article we are going to estimate the intrinsic value of Proofpoint, Inc. (NASDAQ:PFPT) by projecting its...

  • Markit3 days ago

    See what the IHS Markit Score report has to say about Proofpoint Inc.

    Proofpoint Inc NASDAQ NMS:PFPTView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for PFPT with fewer than 5% of shares 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. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding PFPT are favorable, with net inflows of $2.54 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • TheStreet.com4 days ago

    Proofpoint Poised to Weaken: Two Levels to Monitor

    Proofpoint helps prevent a single hacked account from compromising entire networks. Steele added that in the era of cloud computing, many companies need to rethink their security strategy. Previously, companies needed to protect their perimeters, but now with the cloud there are no perimeters.And in a world of global turmoil, threats continue to increase on a global scale.

  • GlobeNewswire4 days ago

    Proofpoint to Present at Upcoming Investor Conferences

    SUNNYVALE, Calif., May 20, 2019 -- Proofpoint, Inc. (NASDAQ:PFPT), a leading cybersecurity and compliance company, today announced its scheduled participation at the following.

  • GlobeNewswire11 days ago

    Proofpoint Wins Three Homeland Security Awards from Government Security News

    SUNNYVALE, Calif., May 13, 2019 -- Proofpoint, Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced it has won three Government Security News.

  • GlobeNewswire15 days ago

    Proofpoint Joins the National Cyber Security Alliance Board of Directors

    Proofpoint, Inc., (PFPT), a leading cybersecurity and compliance company, today announced its National Cyber Security Alliance (NCSA) Board of Directors membership, demonstrating a continued commitment to safeguard organizations worldwide from sophisticated people-centric cyberattacks and prioritize security awareness training for a safer internet. "Rather than targeting traditional IT infrastructure, cybercriminals are now focusing their attacks on people—and the risks have never been more serious," said Ryan Kalember, executive vice president of Cybersecurity Strategy for Proofpoint.

  • What Has Impacted Proofpoint Stock Recently?
    Market Realist17 days ago

    What Has Impacted Proofpoint Stock Recently?

    How Have Cybersecurity Stocks Been Performing Recently?(Continued from Prior Part)Stock returnsProofpoint stock (PFPT) has gained less than 2% since the start of April 2019 and is down 1.2% this month. Since the start of 2019 though Proofpoint stock

  • GlobeNewswire17 days ago

    Proofpoint Enters into Definitive Agreement to Acquire Meta Networks; Boosting Cloud Security Capabilities

    Proofpoint, Inc., (PFPT), a leading next-generation cybersecurity and compliance company, has entered into a definitive agreement to acquire Meta Networks, an innovator in zero trust network access (ZTNA). With this acquisition, Proofpoint will strengthen its cloud-based architecture and people-centric security platform, enabling customers to better protect their people and the applications and data they access beyond the traditional perimeter.

  • Thomson Reuters StreetEvents23 days ago

    Edited Transcript of PFPT earnings conference call or presentation 25-Apr-19 8:30pm GMT

    Q1 2019 Proofpoint Inc Earnings Call

  • What Will Affect Proofpoint Shares Going Forward?
    Market Realist24 days ago

    What Will Affect Proofpoint Shares Going Forward?

    Why Did Proofpoint Stock Fall 7.5% in After-Hours Trading?(Continued from Prior Part)Is PFPT overvalued?Proofpoint (PFPT) stock fell 7.5% in after-hours trading on April 25, 2019, despite the company’s beating Wall Street earnings and revenue

  • What Were Proofpoint’s Important Metrics in Q1?
    Market Realist25 days ago

    What Were Proofpoint’s Important Metrics in Q1?

    Why Did Proofpoint Stock Fall 7.5% in After-Hours Trading?(Continued from Prior Part)First-quarter billings higher than expectedProofpoint (PFPT) managed to increase its sales 25% YoY (year-over-year) in the first quarter of 2019. The company’s

  • What Drove Proofpoint Sales Higher in Q1 2019?
    Market Realist25 days ago

    What Drove Proofpoint Sales Higher in Q1 2019?

    Why Did Proofpoint Stock Fall 7.5% in After-Hours Trading?(Continued from Prior Part)Strong demand for cybersecurity productsProofpoint (PFPT) announced its first-quarter earnings results on April 25 and reported sales growth of 25% YoY

  • Proofpoint Announced Its Q1 Earnings Results on April 25
    Market Realist25 days ago

    Proofpoint Announced Its Q1 Earnings Results on April 25

    Why Did Proofpoint Stock Fall 7.5% in After-Hours Trading?Sales rose 25% YoY Shares of cybersecurity (HACK) company Proofpoint (PFPT) fell 7.5% in after-hours trading on April 25. Proofpoint managed to beat analysts’ sales and earnings estimates in

  • Proofpoint Stock Fell despite Earnings Beat
    Market Realist25 days ago

    Proofpoint Stock Fell despite Earnings Beat

    These Two Tech Stocks Lost Over 5% on April 26(Continued from Prior Part)Proofpoint sales rose 25% YoY in Q1 2019Cybersecurity (HACK) company Proofpoint (PFPT) fell over 5% on April 26 to close trading at $124.55. The stock is currently trading 65%

  • Why Wall Street Loves Proofpoint
    TipRanks25 days ago

    Why Wall Street Loves Proofpoint

    There are over 5,000 public companies on the US stock exchanges, which can make it hard to find the best ones for your portfolio. TipRanks’ Trending Stocks tool will guide you directly to the stocks that the top market analysts have in their sights. We’ve taken a look for you, and found Proofpoint. Keeping the Cloud SafeProofpoint, Inc. (PFPT – Research Report) is a small-cap digital security company in California, providing SaaS products for inbound and outbound email security and data loss prevention, as well as digital risk management, email encryption and archiving, and regulatory compliance. Proofpoint was founded in 2002, and has since grown popular with Fortune 100 companies, counting more than half as customers. A Blockbuster QuarterIn the April 25 earnings call, Proofpoint decisively beat the Street’s estimates. Reported quarterly revenues were $203 million against an expected $200, and more impressively, up 25% from Q1 of 2018. EPS performance was even better, with the 40 cents reported outperforming the estimate by over 17% and like revenues, growing year-over-year by 25%.Cash flow was also impressive. Proofpoint reported operating cash flow at $54.1 million for the quarter, and free cash flow of $48.6 million. Free cash flow was 24% of total revenues, well in line with management’s goals. The revenue, EPS, and cash flow beats were supported by strong subscription growth. New accounts powered a 26% jump in subscription income, to $199.6 million. This is probably Proofpoint’s most important metric, as SaaS subscriptions account for 98.3% of all revenues. International customers accounted for 19% of that total, while the company’s remaining hardware and services customers provided the remaining quarterly revenue of $3.4 million.Company CEO Gary Steele said of Proofpoint’s Q1 performance, “Our overall business momentum remained strong, driven by the demand for next generation cloud security and compliance platform, the ongoing migration to the cloud, and our unique visibility into the rapidly evolving threat landscape.” Looking AheadIn the near term, the company is expecting to see $211 million in Q2 revenues. The full-year guidance was just as rosy as the earnings. After so clearly beating quarterly expectations, PFPT raised the bar for 2019, boosting full-year revenue guidance to $878 to $878 million. Management’s confidence was visible in the company’s forecast of 20% revenue growth and free cash margins 22% to 26% for the year.Going back to CEO Steele, he also commented Proofpoint’s immediate prospects, saying, “Adopting a people-based approach to cyber security has become an imperative for security teams around the world, and Proofpoint is uniquely positioned to deliver it by combining our excellence in email security and threat intelligence with our broadening product suite across email, cloud and web properties.” A Possible Dark Cloud?In all of the good news about Proofpoint, there was one possible negative. The company’s cash-on-hand – total cash and cash equivalents available – dropped 6.5% from last quarter. This could simply be an ordinary fluctuation in the cash flow, but it could also be an early indicator of a cash burn. Proofpoint’s share price dropped by 5% after the earnings report, despite the upbeat earnings and revenue numbers. Did investors sense a cash issue? What the Analysts are SayingExcept that the market’s top analysts are decidedly bullish on PFPT shares. The company has a ‘Strong Buy’ consensus, based on 13 buys ratings and 2 holds given in the last three months – and of those, one hold is over a month old while all 13 buys came right after the Q1 report. The average price target of $138 is also bullish, as it indicated an 11% upside from the current share price.View PFPT Price Target & Analyst Rating DetailWriting from Evercore ISI, five-star analyst Kirk Materne (Track Record & Ratings) wrote, “We view this quarter’s results and accompanying guidance as evidence of continued execution. Further management’s target of 20%+ revenue growth combined with mid-20’s% FCF margins longer- term suggests the company will continue to see the exponential FCF ramp typical of SaaS companies.” Materne’s comments are typical of the bullish stance Wall Street has taken on this stock in recent days.No good success story is complete without a word of caution, and that is supplied by Oppenheimer’s Shaul Eyal (Track Record & Ratings). Eyal expresses his caution toward this stock with a ‘hold’ rating, although his comments are rather upbeat: “PFPT exceeded 1Q19 revenue, EPS… and upped FY19 revenue and billings guidance by ~$4M. EPS of $0.40 exceeded the $0.34E consensus, and guidance was exceeded regardless. We believe that accelerating cloud adoption, coupled with a rapid adoption of PFPT’s emerging products, underscores the solid and consistent performance…”Enjoy the Research Report on the Stock in this Article:Find out more about Proofpoint, and get the latest in-depth analyst data on the company, from the TipRanks research report.Proofpoint, Inc. (PFPT) Research ReportYou can also use the Trending Stocks tool to see other stocks that have attracted attention from Wall Street’s best analysts. With the tool’s filters, you can narrow your search based on a variety of parameters. Are you interested in other small-cap tech stocks? No problem – you can filter your search to find just that. Do you want to expand your search, and see every trending stock from the last month? You can do that, too. Visit the Trending Stocks tool today!

  • What Are Fortinet’s Valuation Multiples?
    Market Realist25 days ago

    What Are Fortinet’s Valuation Multiples?

    Will Fortinet Beat Earnings Estimates in Q1 2019?(Continued from Prior Part)Forward PE ratio Fortinet (FTNT) is expected to grow sales by double-digit rates over the next few years. The company’s bottom line is also expected to expand driven by

  • Proofpoint (PFPT) Q1 Earnings Beat Estimates, Increase Y/Y
    Zacks28 days ago

    Proofpoint (PFPT) Q1 Earnings Beat Estimates, Increase Y/Y

    Proofpoint's (PFPT) first-quarter results gain from a firm international footing and solid uptick in emerging suite of products.Robust demand for Email Fraud Defense and Threat Response is a tailwind.

  • Dow Jones Futures: Intel Warning Is Bad Sign For Stock Market; Amazon Earnings Soar
    Investor's Business Daily28 days ago

    Dow Jones Futures: Intel Warning Is Bad Sign For Stock Market; Amazon Earnings Soar

    Dow Jones futures: Intel tumbled late on guidance, a bad sign for chips and the stock market rally. Amazon earnings crushed views. Proofpoint fell on its outlook.

  • How Fortinet’s Earnings Growth Has Trended
    Market Realist28 days ago

    How Fortinet’s Earnings Growth Has Trended

    Will Fortinet Beat Earnings Estimates in Q1 2019?(Continued from Prior Part)Fortinet’s increase in profit marginsFortinet (FTNT) has managed to improve profitability over the years with sales growth. The company’s sales have risen 3x from $615

  • Proofpoint Inc (PFPT) Q1 2019 Earnings Call Transcript
    Motley Fool28 days ago

    Proofpoint Inc (PFPT) Q1 2019 Earnings Call Transcript

    PFPT earnings call for the period ending March 31, 2019.

  • Proofpoint CEO: Cloud migration has been a key driver for our business
    CNBC Videos6 days ago

    Proofpoint CEO: Cloud migration has been a key driver for our business

    Jim Cramer chats with Proofpoint CEO Gary Steele to find out how the security company provides additional controls for cloud computing.