Stock price when the opinion was issued
He took profits and switched to CRWD on its weakness. Really likes the space; attacks are only going to get more plentiful and more challenging. It's more expensive for companies to suffer attacks than to pay a company for cybersecurity. Looks decent technically, wants to see profits. If it corrects nicely, he'd look at it again.
Looks cheaper than others due to the very conservative nature of management, they always sandbag the earnings. His 12-month price target is $117. International. Hardware and software licenses, which make it a little bit different. Really, really likes it. No dividend.
(Analysts’ price target is $100.79)
33x forward PE, for 11% growth -- gives you a PEG over 3, rich. Now trading below 200-day MA, which itself is starting to trend down a bit. Technically, cautious on this name. Look at CRWD, a larger player, but it's not inexpensive either.