Is Proofpoint, Inc. (PFPT) a Keeper? Bullish Price Target $174.00

Proofpoint, Inc. (NASDAQ:PFPT) went up by 5.22% from its latest closing price when compared to the 1-year high value of $133.58 and move down -15.76%, while PFPT stocks collected 1.88% of gains with the last five trading sessions. Press Release reported 1 hour ago that Proofpoint to Present at Upcoming Investor Events

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Proofpoint, Inc. (NASDAQ:PFPT) Worth an Investment?

Proofpoint, Inc. (NASDAQ: PFPT) The 36 Months beta value for PFPT stocks is at 1.27, while 21 of the analysts out of 27 who provided ratings for Proofpoint, Inc. stocks as a “buy” while 1 as overweight, 4 rated it as hold and 1 as sell. The average price we get from analysts is $144.17 which is $28.78 above current price. PFPT currently has a short float of 4.12% and public float of 56.79M with average trading volume of 737.47K shares.

PFPT Market Performance

PFPT stocks went up by 1.88% for the week, with the monthly jump of 0.92% and a quarterly performance of -1.08%, while its annual performance rate touched -1.39%. The simple moving average for the period of the last 20 days is 5.09% for PFPT stocks with the simple moving average of 0.00% for the last 200 days.

Analysts’ Opinion on Proofpoint, Inc. (NASDAQ:PFPT)

Many brokerage firms have already submitted their reports for PFPT stocks, with Wedbush repeating the rating for PFPT shares by setting it to “Outperform”. The predicted price for PFPT socks in the upcoming period according to Wedbush is $135 based on the research report published on August 26, 2020.

Morgan Stanley, on the other hand, stated in their research note that they expect to see PFPT stock at the price of $134. The rating they have provided for PFPT stocks is “Overweight” according to the report published on August 19, 2020.

BTIG Research gave “Buy” rating to PFPT stocks, setting the target price at $125 in the report published on March 27, 2020.

PFPT Stocks 1.69% Far from 50 Day Moving Average

After a stumble in the market that brought PFPT to its low price for the period of the last 52 weeks, Proofpoint, Inc. was unable to take a rebound, for now settling with -13.62% of loss for the given period.

The stock volatility was left at 2.79%, however, within the period of a single month, the volatility rate increased by 3.19%, while the shares sank at the distance of -0.50% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +5.68% upper at the present time.

In the course of the last 5 trading sessions, PFPT went up by +1.88%, which changed the moving average for the period of 200 days to the total of -1.48% of losses for the stock in comparison to the 20-day moving average settled at $109.77. In addition, Proofpoint, Inc. saw 0.53% in overturn over the period of a single year with a tendency to cut further gains.

PFPT Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Proofpoint, Inc. (PFPT), starting from Steele Gary, who sold 10,000 shares at the price of $111.06 back on Aug 27. After this action, Rushing now owns 48,848 shares of Proofpoint, Inc., valued at $1,110,553 with the latest closing price.

Knight David, the EVP/GM, Security Products of Proofpoint, Inc., sold 2,500 shares at the value of $111.44 during a trade that took place back on Aug 19, which means that Knight David is holding 14,829 shares at the value of $278,603 based on the most recent closing price.

PFPT Stock Fundamentals

The current profitability levels are settled at -11.81 for the present operating margin and +71.73 for gross margin. The net margin for Proofpoint, Inc. stands at -14.67. Total capital return value is set at -10.98, while invested capital returns managed to touch -13.78. Equity return holds the value -29.30%, with -7.40% for asset returns.

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Based on Proofpoint, Inc. (PFPT), the company’s capital structure generated 136.04 points for debt to equity in total, while total debt to capital is set at the value of 57.63. Total debt to assets is settled at the value of 34.48 with long-term debt to equity ratio rests at -8.38 and long-term debt to capital is 132.63.

The value for Enterprise to Sales is 7.12 with debt to enterprise value settled at 0.13. The receivables turnover for Proofpoint, Inc. is 3.82 with the total asset turnover at the value of 0.50. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.

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