Equities analysts expect that Proofpoint Inc (NASDAQ:PFPT) will post earnings per share (EPS) of $0.21 for the current quarter, according to Zacks Investment Research. Ten analysts have made estimates for Proofpoint’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.24. Proofpoint posted earnings per share of $0.18 in the same quarter last year, which suggests a positive year over year growth rate of 16.7%. The company is scheduled to issue its next earnings results after the market closes on Tuesday, February 6th.

On average, analysts expect that Proofpoint will report full year earnings of $0.75 per share for the current year, with EPS estimates ranging from $0.74 to $0.81. For the next year, analysts expect that the firm will report earnings of $1.02 per share, with EPS estimates ranging from $0.98 to $1.10. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Proofpoint.

Proofpoint (NASDAQ:PFPT) last issued its quarterly earnings results on Thursday, October 19th. The software maker reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.07. Proofpoint had a negative return on equity of 158.19% and a negative net margin of 20.19%. The company had revenue of $134.30 million during the quarter, compared to analysts’ expectations of $131.48 million. During the same quarter in the previous year, the firm posted $0.19 EPS. The firm’s revenue was up 34.6% compared to the same quarter last year.

PFPT has been the subject of a number of research reports. Macquarie reaffirmed an “outperform” rating and set a $103.00 price target on shares of Proofpoint in a research report on Tuesday, September 26th. Robert W. Baird reaffirmed a “hold” rating and set a $95.00 price target on shares of Proofpoint in a research report on Friday, October 13th. Monness Crespi & Hardt initiated coverage on Proofpoint in a research report on Monday, October 16th. They set a “buy” rating and a $110.00 price target for the company. Piper Jaffray Companies set a $100.00 price target on Proofpoint and gave the stock a “buy” rating in a research report on Sunday, October 15th. Finally, Stifel Nicolaus set a $100.00 price target on Proofpoint and gave the stock a “buy” rating in a research report on Monday, October 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating and twenty-one have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $102.48.

In related news, Chairman Eric Hahn sold 5,000 shares of Proofpoint stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $89.48, for a total value of $447,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David Knight sold 3,000 shares of Proofpoint stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $88.99, for a total value of $266,970.00. Following the completion of the transaction, the executive vice president now owns 16,874 shares of the company’s stock, valued at approximately $1,501,617.26. The disclosure for this sale can be found here. In the last 90 days, insiders sold 165,549 shares of company stock valued at $14,900,426. 5.96% of the stock is owned by company insiders.

Institutional investors have recently made changes to their positions in the stock. D.A. Davidson & CO. increased its stake in shares of Proofpoint by 57.9% in the 2nd quarter. D.A. Davidson & CO. now owns 1,175 shares of the software maker’s stock valued at $102,000 after purchasing an additional 431 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Proofpoint in the 2nd quarter valued at about $215,000. Bluestein R H & Co. purchased a new position in shares of Proofpoint in the 2nd quarter valued at about $217,000. Gotham Asset Management LLC purchased a new position in shares of Proofpoint in the 2nd quarter valued at about $222,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Proofpoint by 17.7% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,724 shares of the software maker’s stock valued at $235,000 after purchasing an additional 409 shares in the last quarter.

Shares of Proofpoint (NASDAQ:PFPT) traded up $0.50 on Thursday, reaching $98.05. The company’s stock had a trading volume of 306,960 shares, compared to its average volume of 506,617. Proofpoint has a 12 month low of $70.30 and a 12 month high of $101.05. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 11.57. The firm has a market cap of $4,400.00, a PE ratio of -44.37 and a beta of 1.32.

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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.

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