Check Point Software Technolgies
Does Palo Alto Pose a Real Competition to FireEye in Cybersecurity?
FireEye (FEYE) employs malware sandboxing technology to identify advanced security threats before they intrude and infect a network.
Symantec’s Value Proposition in the Cybersecurity Space
Symantec’s scale in the cybersecurity space So far in this series, we’ve looked at Symantec’s (SYMC) performance in fiscal 2Q18. We’ve discussed its segment-wise performance and factors that could boost its prospects in the rapidly growing cybersecurity space. In this part, we’ll compare Symantec’s value proposition with peers’. On November 27, 2017, Cisco Systems (CSCO), with a market […]
How FireEye’s Growth Prospects Look
With the Finjan Holdings (FNJN) litigation now behind it and subscription-based revenues continuing to grow, FireEye’s (FEYE) prospects in the security market may have just brightened.
VASCO Data Security Outperformed Its Peer Group
VASCO Data Security is thus trading at a discount of 44.17% with respect to its median target and looks to be an attractive buy at current levels.
Imperva’s 2Q15 Revenues Increase Year-over-Year
Imperva’s quarterly revenues have been increasing steadily. The company’s 1Q13 revenues were $28.6 million, increasing to $44.8 million in 1Q15.
What Helped Fortinet’s Billings Post Double-Digit Growth in 2015?
Apart from revenues and EPS, industry analysts keep a watchful eye on billings growth in the cybersecurity space.
Israeli Shekel Rose, Central Bank Kept Rates Unchanged
The Israeli shekel rose against the US dollar on November 23, 2015. The central bank of Israel kept the interest rates unchanged at 0.1%.
What Makes FireEye Management Optimistic?
FireEye is expecting 3Q17 (September quarter) revenue in the range of $183 million to $189 million.
How Palo Alto Networks Performed Compared to Its Peers
Palo Alto Networks’ (PANW) current ratio is 1.10. This is low compared to Check Point Software Technologies (CHKP) at 1.70 and Cisco (CSCO) at 3.23.
Juniper’s Banking on This to Drive Long-Term Growth
US-based technology firm Juniper Networks’ (JNPR) Cloud segment is growing quickly, after rising 25.0% in fiscal 2016.
Can Cisco’s Security Business Keep Growing in Fiscal 3Q17?
According to IDC, tech heavyweight Cisco Systems (CSCO) continues to dominate the security appliance market with a 13.7% share.
Can Cisco Continue Revenue Growth in Its Security Business?
According to IDC, the worldwide security appliance market grew YoY in vendor revenues and unit shipments in 2Q16 (fiscal 4Q16 for Cisco).
How Could Cyphort’s Acquisition Benefit Juniper Networks?
In September 2017, Juniper Networks (JNPR) announced that it would acquire software security company Cyphort for an undisclosed sum.
Assessing FireEye’s Value Proposition in the Cybersecurity Space
Palo Alto Networks (PANW), Fortinet, Proofpoint, and FireEye’s (FEYE) join Cisco at the top of the cybersecurity list in terms of market capitalization.
What Impacted Cisco Systems’ Security Revenues in Fiscal 2Q18?
In fiscal 2Q18, Cisco’s (CSCO) Security segment posted revenues of $558.0 million, a 6.0% increase compared to $526.0 million in fiscal 2Q17.
Cisco’s Security Segment’s Revenues Rose 3% in Fiscal 4Q17
Cisco Systems’ (CSCO) Security segment reported revenues of $558 million in fiscal 4Q17, an increase of 3% year-over-year.
What Drove Fortinet Stock Lower on November 2?
Fortinet (FTNT) fell 13.3% on November 2 to close at $72.56.
Why Intel Spun Off Its Security Business
Intel has agreed to sell a 51% stake in its security business to private investment company TPG in a $4.2 billion cash-stock deal.
FireEye Is Trading at a 26% Discount to Average Analyst Estimates
Cybersecurity (HACK) stock FireEye (FEYE) has taken investors on a volatile ride over the last few years.
Symantec Shares Rose Yesterday, Limiting Its Poor Run in 2018
Shares of cybersecurity company Symantec (SYMC) rose 4.3% on September 18. The stock is currently trading at $20.65.
Palo Alto Has Healthy Growth, Continues to Post Losses
Although Palo Alto Networks’ revenues and billings exceeded analysts’ expectations, it continued to post a loss on a GAAP basis.
PANW Stock Declines, Guidance Falls below Estimates
PANW shares have fallen more than 8.5% in pre-market trading today. The company announced its earnings results for the first quarter of 2020 on Monday.
Ping Identity Stock Surges after Q3 Results
Ping Identity shares have gained 20% after it announced its quarterly results on Wednesday. The company reported sales of $61.8 million.
Why Is CyberArk Stock Soaring Today?
CyberArk (CYBR) shares are trading close to 11% higher today at the time of this writing. The company announced its third-quarter results today.
CRWD Tanks 9.5% after Citi Initiates Coverage with ‘Sell’
CrowdStrike (CRWD) fell 9.5% today to close at $54.52. Analyst Walter Pritchard initiated coverage on CRWD with a “sell” rating and a target price of $43.
How Hacking an Apple Device Could Make You a Millionaire
This year, Apple is offering a prize of up to $1 million for the identification of security vulnerabilities in the iPhone and its other devices.
Will CYBR Stock Bounce Back after Its Q2 Results?
CyberArk Software (CYBR) plans to announce its Q2 results on August 7. Analysts expect CYBR to post revenues of $97.29 million with adjusted EPS of $0.47.
Fortinet Stock Rises after Its Solid Q2 Results
Shares of cybersecurity company Fortinet gained over 12.0% in early market trading today. It announced its second-quarter results on August 1.
How Broadcom Plans to Benefit from Its Upcoming Acquisition
Yesterday, after it was reported that Broadcom was in late-stage talks to acquire Symantec, its stock fell 3.5%. Here’s why.
Check Point Stock Has Fallen 7.0% since Start of May
Check Point (CHKP) stock has fallen close to 7.0% since the start of May.
How Check Point Stock Has Performed Recently
Check Point (CHKP) is one of the top players in the cybersecurity space.
What Will Affect Proofpoint Shares Going Forward?
Proofpoint stock fell 7.5% in after-hours trading on April 25, 2019, despite the company’s beating Wall Street earnings and revenue estimates.
Proofpoint Stock Fell despite Earnings Beat
Cybersecurity (HACK) company Proofpoint (PFPT) fell over 5% on April 26 to close trading at $124.55.
What Are Fortinet’s Valuation Multiples?
Fortinet (FTNT) is expected to grow sales by double-digit rates over the next few years.
Fortinet Gains Market Share in Worldwide Security Segment
Fortinet managed to increase sales by 17.7% in the fourth quarter
How Fortinet’s Earnings Growth Has Trended
Fortinet (FTNT) has managed to improve profitability over the years with sales growth.
What Are Fortinet’s Key Revenue Drivers for 2019 and Beyond?
Analysts expect Fortinet’s sales to rise 16% in fiscal 2019 to $2.09 billion, 13.2% in 2020 to $2.37 billion, and 11% to $2.62 billion in 2021.
What Could Drive FireEye Shares Higher
FireEye (FEYE) is not yet GAAP-profitable. Though the company has managed to improve its net margin from -104% in 2014 to -29.3% in 2018, it’s likely to improve to -12.5% by 2021.
Over 80% of Analysts Recommend ‘Buys’ on Proofpoint Stock
Proofpoint (PFPT) stock has generated impressive returns over the last few years. The stock rose 15% in 2016 and 22% in 2017.
A Look at PFPT’s Sales and Earnings Growth in 2019 and Beyond
Analysts expect Proofpoint’s revenue to rise close to 22% year-over-year to $873.33 million in 2019 compared to $717 million in 2018.
Exploring Analysts’ Q1 Revenue, Earnings Estimates for Proofpoint
High-growth cybersecurity company Proofpoint (PFPT) is scheduled to announce its first-quarter earnings results on April 25.
Why Is Check Point Trading at a Premium to Analyst Estimates?
Cybersecurity (HACK) leader Check Point (CHKP) has generated returns of 26% in the last 12 months.
Will Symantec’s CFO’s Resignation Disrupt Operations?
Nicholas Noviello, Symantec’s CFO, has decided to step down from the position to pursue opportunities outside the cybersecurity company.
What Next for Imperva?
Imperva (IMPV) now looks to be firmly on track to be acquired by Thoma Bravo after its go-shop window closed.
Behind Cisco’s Latest Layoffs
Cisco Systems (CSCO) is shrinking its customer experience team, the Register has reported. As many as 300 jobs are reportedly being eliminated.
Here’s What Symantec’s Accounting Probe Unearthed
In May, Symantec (SYMC) launched a months-long probe of its accounting practices following an alert from a former employee.
Why Palo Alto Networks CEO Is So Optimistic
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.
Cisco’s Security Business Continued to Drive Revenue
Cisco’s (CSCO) Security business is one of the company’s key revenue drivers. Revenue from this business segment rose 12% YoY (year-over-year) to $627 million in fiscal Q4 2018.
A Look at Cisco’s Growth in the Security Business Segments
Cisco Systems’ (CSCO) security business segment revenue rose 11% YoY (year-over-year) to $583 million in April.
Why FireEye Stock Rose Last Week
Shares of cybersecurity (HACK) company FireEye (FEYE) rose 8% in the week that ended on April 13, 2018, to close at $18.71.
Will Cisco’s Security Revenue Continue to Rise in Fiscal 2Q18?
Cisco Systems (CSCO) is considered a market leader in the worldwide security appliance market with a 16% share.
Gauging FireEye’s Value Proposition in the Cybersecurity Space
Most companies in the cybersecurity space are relatively new, and so most of them don’t pay dividends—FireEye, Palo Alto Networks, and Fortinet included.
Cisco Leads in Security Appliances—But for How Long?
Cisco Systems (CSCO), with its 15.9% market share, retained its lead in the security appliance market in calendar 2Q17.
Can FireEye Keep Up with the Competition?
In 3Q17, FireEye (FEYE) invested more than $64.2 million in R&D compared to $60.8 million in the prior quarter and $62.7 million in the year-ago quarter.
Is FireEye’s Cost-Cutting Bearing Fruit?
FireEye said it was able to cut its GAAP operating loss by 45% YoY and its non-GAAP (adjusted) operating loss by 82% YoY in 3Q17.
Inside Cisco’s Security Segment: Revenue Outlook for Fiscal 1Q18
In fiscal 2017, Cisco’s Security segment generated revenues of $2.2 billion—a rise of 9% YoY, compared with its revenues of $2 billion in fiscal 2016.
Why Intel Fought to Keep the McAfee Brand
According to research firm MarketsandMarkets, the global cybersecurity market is expected to surpass $231.9 billion by 2022, compared with an estimated $137.9 billion this year.
How FireEye’s Services Business Fared in 2Q17
FireEye (FEYE), which originally relied on hardware sales for its revenues, has transitioned into a services-based business model.
Cisco Aims to Transition to Recurring Revenue Sources
Cisco (CSCO) is transitioning its business model to rely more on software sales and recurring revenues.
Symantec’s Value Proposition in the US Software Space
Symantec’s forward annual dividend yield was ~1.0% on August 26, 2017. Cisco Systems reported a lower dividend yield of ~3.8% on August 24.
Why Israel Is on the Radar of Symantec and Its Peers
CyberArk (CYBR) and Check Point Software Technologies (CHKP) are among the well-established cybersecurity companies with roots in Israel.
Why Symantec Acquired Fireglass
Symantec announced the acquisition of Fireglass in early July 2017.
Will Juniper’s Security Business Revenue Continue to Fall in 2Q17?
Juniper Networks (JNPR) competes with several tech heavyweights as well as small niche players in the network security segment.
Petya’s Role in the Recent Cybersecurity Stock Surge
Several prominent cybersecurity stocks rose on Wednesday, June 28, following the Petya ransomware attack.
What Drove FireEye Stock in May 2017?
FireEye reported revenues of $173.7 million in 1Q17 with earnings per share of -$0.09, above the company’s guidance of $160 million–$166 million.
Symantec Takes Rival Zscaler to Court at a Crucial Juncture
The wave of security threats created by ransomware cryptoworm WannaCry has created an opportunity for Symantec (SYMC).
Why Microsoft Is Looking to Israel to Beef Up Its Cybersecurity Efforts
Investment in Israeli cybersecurity companies rose 23% from $560 million in 2015 to $689 million in 2016.
What Makes Cisco an Attractive Investment in Cybersecurity Space?
The recent WannaCry ransomware attack suggests higher spending on cybersecurity by corporations as well as governments. Cisco would benefit the most.
How Cisco’s Security Segment Performed in Fiscal 3Q17
In fiscal 3Q17, Cisco (CSCO) saw a significant YoY (year-over-year) revenue growth of 9% in its Network Security Business segment.
Cisco Systems Maintains Its Leadership in the Security Appliance Space
Although Cisco Systems (CSCO) leads the security alliance space, its market share fell from 16.2% in 2015 to 15.4% in 2016.
What FireEye’s Billings Growth Says about Its Future
Despite cybersecurity expecting to rule the technology space in 2017, FireEye (FEYE) wasn’t able to benefit from this growth, as shown by its 1Q17 earnings results.
Will Juniper’s Networks Security Business Struggle in 4Q16?
In the first nine months of fiscal 2016, Juniper Networks’ (JNPR) Network Security segment revenue fell 26.0% YoY (year-over-year) to approximately $240.0 million.
What Symantec’s Data Loss Prevention Could Gain from Blue Coat
A leader in the data loss prevention space Earlier in this series, we discussed Symantec’s (SYMC) Enterprise Security segment’s performance in fiscal 2Q17. We also learned that Symantec was recognized as a leader in endpoint protection. Additionally, it launched SEP (Symantec Endpoint Protection) 14 and SEP Cloud. These launches ensured that “Symantec the only company with […]
FireEye Focuses on Enhancing Its Network Security Offerings
FireEye’s (FEYE) increasing competition prompted the cybersecurity company to launch two new offerings: MVX Smart Grid and Cloud MVX.
How Did Cisco’s Security Segment Perform in Fiscal 1Q17?
In fiscal 1Q17, Cisco (CSCO) continued to maintain significant YoY (year-over-year) growth of 11% in the network security business segment.
Juniper’s Struggles with Falling Revenue in the Security Business
Juniper Networks (JNPR) generated revenues of $86 million from its Security segment. This represented a decline of 29% year-over-year but a rise of 9% quarter-over-quarter.
What to Expect from Symantec’s Enterprise Security Segment
With Blue Coat under its umbrella, Symantec’s Enterprise Security segment can now offer a comprehensive enterprise suite of offerings for email, cloud, endpoint, and network security.
Intel Security Group May Continue to Post Profits in 3Q16
Intel (INTC) Security has become more profitable as the company refocused its Security business toward endpoint, cloud, actionable threat intelligence, analytics, and orchestration technologies.
Assessing FDIVX’s Year-to-Date Portfolio Changes
The Fidelity Diversified International Fund (FDIVX) primarily invests in non-US securities and prefers common stocks for investing in equities.
Why Palo Alto’s Stock Fell after It Posted Its 4Q16 Results
Even though Palo Alto’s fiscal 4Q16 revenues and billings exceeded analysts’ expectations, its stock fell 3% on August 30, 2016, in after-hours trading.
What’s the Sector Composition of the FNGAX?
The Franklin International Growth Fund invests “in the equity securities of mid- and large-capitalization companies outside the U.S. with long-term growth potential.”
Cisco System’s Security Segment: Its Performance in Fiscal 4Q16
In fiscal 4Q16, Cisco (CSCO) continued to maintain significant YoY (year-over-year) growth of 16% in its network security business segment.
How Could Cisco’s Security Segment Perform in Fiscal 4Q16?
Cisco Systems (CSCO) continued to dominate the security appliance market in 1Q16, with a share of 17.4%.
The Franklin International Growth Fund’s Portfolio Moves in YTD 2016
In the past 12 months until May 2016, Franklin International Growth Fund (FNGAX) has witnessed increased exposure to discretionary and healthcare stocks.
How Could Palo Alto Networks Have Future Revenue Growth?
In its 2Q15 report, IDC stated that Palo Alto Networks has grown its revenues faster than the overall market since entering the top five players in the global security appliance market in 2013.
Healthy Growth, but Palo Alto Networks Struggles to Post Profit
Increasing operating expenses, especially sales and marketing expenses as a percentage of revenue, have impacted Palo alto Networks’ margins and consequently profitability.
What You Should Know about the Franklin International Growth Fund
The Franklin International Growth Fund – Class A (FNGAX) was incepted in June 2008 and has an expense ratio of 1.4%.
What Is FireEye’s Buyout Strategy in the Cybersecurity Space?
In February 2016, FireEye announced the acquisition of Invotas, a cybersecurity company that focuses on automation of security processes.
Cisco Completes Acquisition of OpenDNS for $635 Million
Cisco is looking to diversify its portfolio into a number of subsectors in the network security space, thereby catering to a large range of customers.
How Palo Alto Has a Technological Edge over Its Peers
Palo Alto’s focus is on “unknown unknowns,” unlike the traditional approach of “known knowns”.
Why Palo Alto Networks’ Security Appliance Market Share Could Rise
Palo Alto Networks, which operates in the cyber security space, is growing fast. The industry is expected to grow from $77 billion in 2015 to $170 billion in 2020.
Cybersecurity Jobs to Increase 53% by 2018
According to the US Bureau of Labor Statistics, more than 0.21 million cybersecurity positions are unfilled in the United States.
Cybersecurity to Grow by 121% in the Next Five Years
Cybersecurity is growing at a fast pace. The industry is expected to grow from $77 billion in 2015 to $170 billion in 2020.
Will FirePOWER Drive Cisco’s Security Segment Growth?
Cisco’s (CSCO) FirePOWER series of security solutions is showing strong momentum. It helped Cisco become a major player in the network security firewall market.
Cisco and Skyhigh Collaboration to Deliver Comprehensive Solution
Cisco Systems (CSCO) has announced its collaboration with Skyhigh Networks, a cloud security company that delivers security solutions.
SMAC and BYOD Are Fueling Growth in Cybersecurity Space
SMAC and BYOD, as well as an increase in the mobile workforce, are pushing technology companies to partner and expand in cybersecurity space.
A Fundamental Analysis of Qualys and Its Peers in 3Q15
Qualys’s price-to-book ratio is 7.1, indicating that investors have high expectations for the company’s growth.
Check Point Software Added Mobile Security Products in 3Q15
Cybersecurity provider Check Point Software (CHKP) announced its 3Q15 earnings on October 26. CHKP reported $403.9 million in revenues, an increase of 9.0% over 3Q14.
Unlike IT Spending, Cybersecurity Spending Is All Set to Grow
Fortinet’s tepid guidance for 4Q16 caused a disappointment in the market, and FTNT shares fell steeply. This had a ripple effect on other cybersecurity companies.
Fortinet Posts Record Billings and Revenue Growth in 3Q15
On October 22, 2015, Fortinet (FTNT) announced its 3Q15 earnings results. Its revenue of $260.7 million grew 34.5% YoY, the highest revenue growth rate in the past three years.