Proofpoint (PFPT) Receives Media Sentiment Score of 0.23

News stories about Proofpoint (NASDAQ:PFPT) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Proofpoint earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 45.4829041684425 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Proofpoint (NASDAQ:PFPT) traded down $0.76 during trading on Friday, reaching $91.44. The company’s stock had a trading volume of 283,353 shares, compared to its average volume of 441,224. The company has a debt-to-equity ratio of 11.57, a quick ratio of 1.51 and a current ratio of 1.51. The company has a market cap of $4,070.00, a PE ratio of -41.38 and a beta of 1.31. Proofpoint has a fifty-two week low of $69.24 and a fifty-two week high of $97.92.

Proofpoint (NASDAQ:PFPT) last released its earnings results on Thursday, October 19th. The software maker reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.07. Proofpoint had a negative net margin of 20.19% and a negative return on equity of 158.19%. The firm had revenue of $134.30 million during the quarter, compared to analyst estimates of $131.48 million. During the same period last year, the business earned $0.19 earnings per share. The business’s revenue was up 34.6% on a year-over-year basis. equities analysts forecast that Proofpoint will post -0.88 EPS for the current year.

Several equities analysts have weighed in on the company. Evercore ISI set a $105.00 price objective on Proofpoint and gave the company a “buy” rating in a report on Friday, October 20th. Piper Jaffray Companies set a $105.00 price objective on Proofpoint and gave the company a “buy” rating in a report on Friday, October 20th. Imperial Capital increased their price objective on Proofpoint from $102.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, October 20th. Robert W. Baird reaffirmed a “hold” rating and issued a $100.00 price target (up from $95.00) on shares of Proofpoint in a report on Friday, October 20th. Finally, Stifel Nicolaus set a $100.00 price target on Proofpoint and gave the stock a “buy” rating in a report on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twenty-two have given a buy rating to the stock. Proofpoint currently has an average rating of “Buy” and a consensus price target of $102.43.

In other news, EVP David Knight sold 3,000 shares of the business’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $88.99, for a total transaction of $266,970.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gary Steele sold 40,000 shares of the company’s stock in a transaction on Friday, October 6th. The stock was sold at an average price of $92.35, for a total transaction of $3,694,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 168,549 shares of company stock valued at $15,141,422. 5.96% of the stock is owned by company insiders.

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Proofpoint Company Profile

Proofpoint, Inc is a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive and govern their sensitive data. The Company’s security-as-a-service platform consists of an integrated suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication.

Insider Buying and Selling by Quarter for Proofpoint (NASDAQ:PFPT)

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