Fortinet Inc.

52.56-1.04-1.94%Vol 15.44M1Y Perf 0.83%
Nov 30th, 2023 15:59 DELAYED
BID52.54 ASK52.96
Open53.88 Previous Close53.60
Pre-Market- After-Market52.40
 - -  -0.16 -0.30%
Target Price
66.98 
Analyst Rating
Moderate Buy 2.12
Potential %
27.44 
Finscreener Ranking
★+     43.20
Insiders Trans % 3/6/12 mo.
-100/-100/-100 
Value Ranking
     37.87
Insiders Value % 3/6/12 mo.
-100/-100/-100 
Growth Ranking
★★★★+     64.09
Insiders Shares Cnt. % 3/6/12 mo.
-100/-100/-100 
Income Ranking
 —    -
Price Range Ratio 52W %
22.74 
Earnings Rating
Strong Buy
Market Cap40.36B 
Earnings Date
2nd Nov 2023
Alpha0.02 Standard Deviation0.11
Beta1.14 

Today's Price Range

52.4354.89

52W Range

44.1281.24

5 Year PE Ratio Range

34.10524.30

Summary:

Sell

Technical Indicators: Neutral
Moving Averages: Strong Sell
Performance
1 Week
-1.63%
1 Month
-8.29%
3 Months
-13.65%
6 Months
-23.43%
1 Year
0.83%
3 Years
114.29%
5 Years
255.90%
10 Years
1 436.84%

TickerPriceChg.Chg.%
FTNT52.56-1.0400-1.94
AAPL189.910.54000.29
GOOG133.91-2.4900-1.83
MSFT378.73-0.1200-0.03
XOM102.740.40000.39
WFC44.590.81001.85
JNJ154.662.55001.68
FB196.640.99000.51
GE121.802.94002.47
JPM156.081.76001.14
Financial StrengthValueIndustryS&P 500US Markets
1.00
1.10
0.82
4.54
43.60
Leverage Ratio -18.90
ProfitabilityValueIndustryS&P 500US Markets
75.20
19.80
22.30
16.90
17.32
RevenueValueIndustryS&P 500US Markets
3.13B
3.98
20.32
20.03
Earnings HistoryEstimateReportedSurprise %
Q03 20230.300.3516.67
Q02 20230.270.3114.81
Q01 20230.220.2931.82
Q04 20220.320.3818.75
Q03 20220.200.2840.00
Q02 20220.150.1820.00
Q01 20220.100.1770.00
Q04 20210.170.1911.76
Earnings Per EndEstimateRevision %Trend
12/2023 QR0.375.71Positive
12/2023 FY1.283.23Positive
3/2024 QR0.30-3.23Negative
12/2024 FY1.39-3.47Negative
Next Report Date-
Estimated EPS Next Report0.30
Estimates Count13
EPS Growth Next 5 Years %17.30
Volume Overview
Volume15.44M
Shares Outstanding767.91K
Shares Float633.22M
Trades Count92.62K
Dollar Volume813.74M
Avg. Volume6.84M
Avg. Weekly Volume5.45M
Avg. Monthly Volume8.70M
Avg. Quarterly Volume6.37M

Fortinet Inc. (NASDAQ: FTNT) stock closed at 52.56 per share at the end of the most recent trading day (a -1.94% change compared to the prior day closing price) with a volume of 15.44M shares and market capitalization of 40.36B. 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 12091 people. Fortinet Inc. CEO is Ken Xie.

The one-year performance of Fortinet Inc. stock is 0.83%, while year-to-date (YTD) performance is 7.51%. FTNT stock has a five-year performance of 255.9%. Its 52-week range is between 44.12 and 81.24, which gives FTNT stock a 52-week price range ratio of 22.74%

Fortinet Inc. currently has a PE ratio of 53.90, a price-to-book (PB) ratio of 231.83, a price-to-sale (PS) ratio of 12.43, a price to cashflow ratio of 25.30, a PEG ratio of 3.12, a ROA of 14.29%, a ROC of 61.02% and a ROE of 475.22%. The company’s profit margin is 17.32%, its EBITDA margin is 22.30%, and its revenue ttm is $3.13 Billion , which makes it $3.98 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 $0.30 for the next earnings report. Fortinet Inc.’s next earnings report date is -.

The consensus rating of Wall Street analysts for Fortinet Inc. is Moderate Buy (2.12), with a target price of $66.98, which is +27.44% compared to the current price. The earnings rating for Fortinet Inc. stock is Strong Buy (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 Sell technical analysis rating based on Technical Indicators (ADX : 12.26, ATR14 : 1.61, CCI20 : 45.49, Chaikin Money Flow : 0.21, MACD : -0.78, Money Flow Index : 52.52, ROC : 3.42, RSI : 45.27, STOCH (14,3) : 55.70, STOCH RSI : 0.09, UO : 44.44, Williams %R : -44.30), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Fortinet Inc. in the last 12-months were: Hu Jean X. (Option Excercise at a value of $0), James G. Stavridis (Option Excercise at a value of $0), Jean X. Hu (Option Excercise at a value of $0), John Whittle (Option Excercise at a value of $0), Judith Sim (Option Excercise at a value of $0), Keith Jensen (Option Excercise at a value of $3 312 282), Keith Jensen (Sold 157 944 shares of value $9 528 584 ), Ken Xie (Option Excercise at a value of $0), Kenneth A. Goldman (Option Excercise at a value of $0), Kenneth Goldman (Sold 0 shares of value $0 ), Michael Xie (Option Excercise at a value of $2 142 000), Michael Xie (Sold 485 918 shares of value $26 152 125 ), Ming Hsieh (Option Excercise at a value of $0), Neukom William (Buy at a value of $63 441), Neukom William (Option Excercise at a value of $0), Patrice Perche (Option Excercise at a value of $11 285 716), Patrice Perche (Sold 673 582 shares of value $39 994 544 ), Sim Judith (Option Excercise at a value of $0), Stavridis James (Sold 0 shares of value $0 ), William H. Neukom (Buy at a value of $28 509), William H. Neukom (Option Excercise at a value of $0), Xie Ken (Option Excercise at a value of $0)

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
14 (42.42 %)
19 (61.29 %)
22 (68.75 %)
Moderate Buy
1 (3.03 %)
1 (3.23 %)
1 (3.13 %)
Hold
18 (54.55 %)
11 (35.48 %)
9 (28.13 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingModerate Buy
2.12
Moderate Buy
1.74
Strong Buy
1.59

Fortinet Inc.

Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 500,000 customers across the world.

CEO: Ken Xie

Telephone: +1 408 235-7700

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

Number of employees: 12 091

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

50%50%

Bearish Bullish

55%45%

Bearish Bullish

55%45%

Bearish Bullish

58%42%

 

TipRanks News for FTNT

Fri, 03 Nov 2023 09:02 GMT Fortinet (FTNT) was downgraded to a Hold Rating at Evercore ISI

- TipRanks. All rights reserved.

Wed, 09 Aug 2023 02:30 GMT Analysts Offer Insights on Technology Companies: Fortinet (FTNT) and Five9 (FIVN)

- TipRanks. All rights reserved.

Mon, 31 Jul 2023 08:50 GMT Analysts Offer Insights on Technology Companies: Motorola Solutions (MSI), Fortinet (FTNT) and Adobe (ADBE)

- TipRanks. All rights reserved.

News

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