Fortinet Inc.

54.14+1.05+1.98%Vol 3.31M1Y Perf -14.34%
Feb 2nd, 2023 12:53 DELAYED
BID54.12 ASK54.13
Open53.01 Previous Close53.09
Pre-Market53.16 After-Market-
 0.07 0.13%  - -
Target Price
66.98 
Analyst Rating
Strong Buy 1.48
Potential %
24.43 
Finscreener Ranking
★★+     48.12
Insiders Trans % 3/6/12 mo.
-100/-100/-100 
Value Ranking
     38.58
Insiders Value % 3/6/12 mo.
-100/-100/-100 
Growth Ranking
★★★★+     66.65
Insiders Shares Cnt. % 3/6/12 mo.
-100/-100/-100 
Income Ranking
 —    -
Price Range Ratio 52W %
39.89 
Earnings Rating
Strong Buy
Market Cap42.69B 
Earnings Date
7th Feb 2023
Alpha0.03 Standard Deviation0.11
Beta1.18 

Today's Price Range

53.0054.29

52W Range

42.6171.52

5 Year PE Ratio Range

34.10524.30

Summary:

Buy

Technical Indicators: Buy
Moving Averages: Buy
Performance
1 Week
-0.23%
1 Month
8.59%
3 Months
-0.26%
6 Months
-12.06%
1 Year
-14.34%
3 Years
130.11%
5 Years
490.68%
10 Years
1 025.03%

TickerPriceChg.Chg.%
FTNT54.141.05001.98
AAPL149.814.38253.01
GOOG107.195.76005.68
MSFT261.708.95003.54
XOM111.64-3.1000-2.70
WFC47.330.29500.63
JNJ164.06-0.8594-0.52
FB196.640.99000.51
GE83.280.96001.17
JPM139.01-0.5800-0.42
 
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 20220.200.2840.00
Q02 20220.150.1820.00
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
Earnings Per EndEstimateRevision %Trend
12/2022 QR0.3218.52Positive
12/2022 FY0.9015.38Positive
3/2023 QR0.205.26Positive
12/2023 FY1.069.28Positive
Next Report Date7th Feb 2023
Estimated EPS Next Report0.32
Estimates Count12
EPS Growth Next 5 Years %18.00
Volume Overview
Volume3.31M
Shares Outstanding788.43K
Shares Float655.87M
Trades Count46.88K
Dollar Volume177.72M
Avg. Volume5.64M
Avg. Weekly Volume6.35M
Avg. Monthly Volume5.38M
Avg. Quarterly Volume5.20M

Fortinet Inc. (NASDAQ: FTNT) stock closed at 53.09 per share at the end of the most recent trading day (a 1.43% change compared to the prior day closing price) with a volume of 9.14M shares and market capitalization of 42.69B. 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 -14.34%, while year-to-date (YTD) performance is 8.59%. FTNT stock has a five-year performance of 490.68%. Its 52-week range is between 42.6101 and 71.516, which gives FTNT stock a 52-week price range ratio of 39.89%

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 2.32, 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 $0.32 for the next earnings report. Fortinet Inc.’s next earnings report date is 07th Feb 2023.

The consensus rating of Wall Street analysts for Fortinet Inc. is Strong Buy (1.48), with a target price of $66.98, which is +24.43% 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 Buy technical analysis rating based on Technical Indicators (ADX : 12.27, ATR14 : 1.88, CCI20 : 128.08, Chaikin Money Flow : 0.26, MACD : 0.61, Money Flow Index : 61.84, ROC : 8.64, RSI : 59.99, STOCH (14,3) : 82.97, STOCH RSI : 0.67, UO : 64.62, Williams %R : -17.03), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Fortinet Inc. in the last 12-months were: James G. Stavridis (Option Excercise at a value of $0), Jean Hu (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 $1 442 915), John Whittle (Sold 14 350 shares of value $3 553 937 ), Judith Sim (Option Excercise at a value of $0), Keith Jensen (Option Excercise at a value of $4 216 072), Keith Jensen (Sold 71 882 shares of value $10 052 522 ), Kelly Ducourty (Option Excercise at a value of $0), Ken Xie (Option Excercise at a value of $1 429 800), Kenneth A. Goldman (Option Excercise at a value of $0), Michael Xie (Option Excercise at a value of $0), Michael Xie (Sold 17 907 shares of value $1 292 514 ), 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
20 (74.07 %)
20 (76.92 %)
20 (76.92 %)
Moderate Buy
1 (3.70 %)
1 (3.85 %)
1 (3.85 %)
Hold
6 (22.22 %)
5 (19.23 %)
5 (19.23 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingStrong Buy
1.48
Strong Buy
1.42
Strong Buy
1.42

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

50%50%

Bearish Bullish

63%38%

Bearish Bullish

59%41%

Bearish Bullish

57%43%

TipRanks News for FTNT

Fri, 04 Nov 2022 12:52 GMT Analysts Offer Insights on Technology Companies: Epam Systems (EPAM), Fortinet (FTNT) and Huntington Ingalls (HII)

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Thu, 03 Nov 2022 12:38 GMT Fortinet (FTNT) Gets a Buy from Robert W. Baird

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Thu, 03 Nov 2022 10:50 GMT Analysts Offer Insights on Technology Companies: Faro Technologies (FARO), Fortinet (FTNT) and PTC (PTC)

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Tue, 18 Oct 2022 09:25 GMT Fortinet (FTNT) Receives a Rating Update from a Top Analyst

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Thu, 15 Sep 2022 09:15 GMT New Buy Rating for Fortinet (FTNT), the Technology Giant

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Thu, 04 Aug 2022 16:41 GMT Fortinet (FTNT) Receives a Hold from UBS

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Thu, 04 Aug 2022 13:08 GMT Analysts Offer Insights on Technology Companies: Fortinet (FTNT) and Verisk Analytics (VRSK)

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News

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