Fortinet Inc.

59.13+2.33+4.10%Vol 7.41M1Y Perf 18.34%
Jun 24th, 2022 16:00 DELAYED
BID58.07 ASK59.30
Open57.51 Previous Close56.80
Pre-Market- After-Market59.13
 - -  - -%
Target Price
351.95 
Analyst Rating
Moderate Buy 1.81
Potential %
495.21 
Finscreener Ranking
★+     44.17
Insiders Trans % 3/6/12 mo.
-100/-100/-100 
Value Ranking
+     37.84
Insiders Value % 3/6/12 mo.
-100/-100/-100 
Growth Ranking
★★★★+     62.39
Insiders Shares Cnt. % 3/6/12 mo.
-100/-100/-100 
Income Ranking
 —    -
Price Range Ratio 52W %
43.79 
Earnings Rating
Neutral
Market Cap46.62B 
Earnings Date
4th Aug 2022
Alpha0.03 Standard Deviation0.11
Beta1.21 

Today's Price Range

56.3859.38

52W Range

47.2774.35

5 Year PE Ratio Range

34.10524.30

Summary:

Neutral

Technical Indicators: Neutral
Moving Averages: Sell
Performance
1 Week
9.91%
1 Month
2.90%
3 Months
-11.14%
6 Months
-15.29%
1 Year
18.34%
3 Years
294.88%
5 Years
672.13%
10 Years
1 248.77%

TickerPriceChg.Chg.%
FTNT59.132.33004.10
AAPL141.663.39002.45
GOOG2 370.76117.07005.19
MSFT267.708.84003.41
XOM86.901.69001.98
WFC40.762.86007.55
JNJ182.292.63001.46
FB196.640.99000.51
GE67.083.01004.70
JPM117.323.40002.98
Financial StrengthValueIndustryS&P 500US Markets
1.20
1.30
0.82
4.54
35.90
Leverage Ratio 7.40
ProfitabilityValueIndustryS&P 500US Markets
75.50
18.60
21.10
16.90
17.75
RevenueValueIndustryS&P 500US Markets
3.59B
4.47
20.32
20.03
Earnings HistoryEstimateReportedSurprise %
Q01 20220.100.1770.00
Q04 20210.170.1911.76
Q03 20210.130.1515.38
Q02 20210.120.1416.67
Q01 20210.100.1110.00
Q04 20200.710.8316.90
Q03 20200.560.583.57
Q02 20200.430.5834.88
Earnings Per EndEstimateRevision %Trend
6/2022 QR0.75-9.64Negative
9/2022 QR1.030.98Positive
12/2022 FY3.794.12Positive
12/2023 FY4.602.91Positive
Next Report Date4th Aug 2022
Estimated EPS Next Report0.15
Estimates Count9
EPS Growth Next 5 Years %18.00
Volume Overview
Volume7.41M
Shares Outstanding788.43K
Shares Float131.17M
Trades Count72.14K
Dollar Volume433.50M
Avg. Volume1.65M
Avg. Weekly Volume2.21M
Avg. Monthly Volume1.40M
Avg. Quarterly Volume1.35M

Fortinet Inc. (NASDAQ: FTNT) stock closed at 59.13 per share at the end of the most recent trading day (a 4.1% change compared to the prior day closing price) with a volume of 7.41M shares and market capitalization of 46.62B. Is a component of S&P 500, NASDAQ 100, Russell 1000 indices and it is traded on NASDAQ exchange. The company belongs in the Software industry, Technology sector and employs 10860 people. Fortinet Inc. CEO is Ken Xie.

The one-year performance of Fortinet Inc. stock is 18.34%, while year-to-date (YTD) performance is -17.74%. FTNT stock has a five-year performance of 672.13%. Its 52-week range is between 47.27202 and 74.354, which gives FTNT stock a 52-week price range ratio of 43.79%

Fortinet Inc. currently has a PE ratio of 70.40, a price-to-book (PB) ratio of 198.35, a price-to-sale (PS) ratio of 60.19, a price to cashflow ratio of 28.40, a PEG ratio of 2.32, a ROA of 11.99%, a ROC of 40.70% and a ROE of 111.55%. The company’s profit margin is 17.75%, its EBITDA margin is 21.10%, and its revenue ttm is $3.59 Billion , which makes it $4.47 revenue per share.

Of the last four earnings reports from Fortinet Inc., there were 4 positive earnings surprise and 0 negative earnings surprise. The company has EPS estimate of $0.15 for the next earnings report. Fortinet Inc.’s next earnings report date is 04th Aug 2022.

The consensus rating of Wall Street analysts for Fortinet Inc. is Moderate Buy (1.81), with a target price of $351.95, which is +495.21% compared to the current price. The earnings rating for Fortinet Inc. stock is Neutral (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Fortinet Inc. has a dividend yield of -% with a dividend per share of $- and a payout ratio of -%.

Fortinet Inc. has a Neutral technical analysis rating based on Technical Indicators (ADX : 12.38, ATR14 : 12.19, CCI20 : 24.28, Chaikin Money Flow : 0.25, MACD : -35.49, Money Flow Index : 78.37, ROC : -3.19, RSI : 48.44, STOCH (14,3) : 67.47, STOCH RSI : 1.00, UO : 53.93, Williams %R : -32.53), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Fortinet Inc. in the last 12-months were: Jean Hu (Option Excercise at a value of $0), John Whittle (Option Excercise at a value of $3 007 799), John Whittle (Sold 32 234 shares of value $9 892 029 ), Judith Sim (Option Excercise at a value of $0), Keith Jensen (Option Excercise at a value of $4 589 673), Keith Jensen (Sold 44 076 shares of value $13 512 751 ), Kelly Ducourty (Option Excercise at a value of $0), Ken Xie (Option Excercise at a value of $0), Kenneth A. Goldman (Option Excercise at a value of $0), Michael Xie (Option Excercise at a value of $0), Michael Xie (Sold 85 249 shares of value $25 620 851 ), Ming Hsieh (Option Excercise at a value of $0), Patrice Perche (Option Excercise at a value of $0), William H. Neukom (Option Excercise at a value of $0)

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
12 (57.14 %)
12 (54.55 %)
10 (45.45 %)
Moderate Buy
1 (4.76 %)
1 (4.55 %)
2 (9.09 %)
Hold
8 (38.10 %)
8 (36.36 %)
9 (40.91 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
1 (4.55 %)
1 (4.55 %)
Summary RatingModerate Buy
1.81
Moderate Buy
1.95
Moderate Buy
2.09

Fortinet Inc.

Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.

CEO: Ken Xie

Telephone: +1 408 235-7700

Address: 899 Kifer Road, Sunnyvale 94086, CA, US

Number of employees: 10 860

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

67%33%

Bearish Bullish

58%43%

Bearish Bullish

62%38%

Bearish Bullish

58%43%

TipRanks News for FTNT

Fri, 13 May 2022 09:06 GMT Fortinet (FTNT) Gets a Buy Rating from Mizuho Securities

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Wed, 11 May 2022 09:45 GMT Fortinet (FTNT) Received its Third Buy in a Row

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Wed, 11 May 2022 04:55 GMT Analysts Offer Insights on Technology Companies: Angi (ANGI), Fortinet (FTNT) and TrueCar (TRUE)

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Mon, 09 May 2022 15:15 GMT Analysts Have Conflicting Sentiments on These Technology Companies: Fortinet (FTNT), Anaplan (PLAN) and Cerence (CRNC)

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Thu, 05 May 2022 10:36 GMT New Buy Rating for Fortinet (FTNT), the Technology Giant

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Thu, 05 May 2022 07:15 GMT Fortinet (FTNT) Gets a Buy Rating from Cowen & Co.

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Mon, 02 May 2022 09:55 GMT Fortinet (FTNT) Receives a Rating Update from a Top Analyst

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Mon, 18 Apr 2022 09:08 GMT Fortinet (FTNT) Receives a Hold from Mizuho Securities

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Sat, 12 Feb 2022 09:10 GMT Fortinet (FTNT) Receives a Sell from J.P. Morgan

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Fri, 11 Feb 2022 15:23 GMT Fortinet Stock: Could Continue to Outperform Long Term

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Mon, 07 Feb 2022 01:45 GMT Analysts Have Conflicting Sentiments on These Technology Companies: HubSpot (HUBS), Fortinet (FTNT) and Rapid7 (RPD)

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Sun, 06 Feb 2022 13:38 GMT Fortinet (FTNT) Gets a Hold Rating from Robert W. Baird

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Tue, 18 Jan 2022 17:57 GMT Fortinet: Great Business Prospects, Risky Valuation

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Sun, 16 Jan 2022 10:13 GMT Fortinet: Unbelievable Growth Rate and Potential

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Fri, 14 Jan 2022 20:18 GMT Fortinet Stock: An Industry Leader Near Fair Value

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News

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