Summary

92.63 -1.39(-1.48%)11/22/2024
Fortinet Inc (FTNT)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-1.48-1.6711.9924.4950.5474.87346.195,480.12


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Earnings
  • FTNT reported last earnings on 2024-11-07 after the market.
  • An EPS of $0.63 was observed compared to an estimated EPS of $0.52, resulting in a surprise value of $0.11.
  • A revenue of $1,508 million was observed compared to an estimated revenue of $1,480 million, resulting in a surprise value of $28 Million.


  • Fundamental Ratings
    CategoryRating
    Main RatingB+
    Recommended RatingNeutral
    DCFBuy
    ROEStrong Buy
    ROAStrong Buy
    Debt/EquityStrong Sell
    P/ESell
    P/BStrong Sell


    Trading Data
    Close92.63
    Open94.32
    High94.50
    Low92.33
    Volume2,005,925
    Change-1.39
    Change %-1.48
    Avg Volume (20 Days)5,666,661
    Volume/Avg Volume (20 Days) Ratio0.35
    52 Week Range50.65 - 100.59
    Price vs 52 Week High-7.91%
    Price vs 52 Week Low82.88%
    Range-1.79
    Gap Up/Down-0.03
    Fundamentals
    Market Capitalization (Mln)60,627
    EBIDTA1,398,800,000
    PE Ratio37.7662
    PEG Ratio1.7891
    WallStreet Target Price71.10
    Book Value-0.1800
    Earnings Per Share1.5400
    EPS Estimate Current Quarter0.3800
    EPS Estimate Next Quarter0.3900
    EPS Estimate Current Year1.7700
    EPS Estimate Next Year1.9600
    Diluted EPS (TTM)1.5400
    Revenues
    Profit Marging0.2223
    Operating Marging (TTM)0.2365
    Return on asset (TTM)0.1108
    Return on equity (TTM)0.7899
    Revenue TTM5,395,800,064
    Revenue per share TTM6.9770
    Quarterly Revenue Growth (YOY)0.0720
    Quarterly Earnings Growth (YOY)0.2580
    Gross Profit (TTM)3,332,500,000
    Dividends
    Dividend Share0.0000
    Dividend Yield
    Valuations
    Trailing PE37.7662
    Forward PE39.0625
    Price Sales (TTM)0.0000
    Price Book (MRQ)699.2019
    Revenue Enterprise Value 9.2894
    EBITDA Enterprise Value33.5660
    Shares
    Shares Outstanding763,937,984
    Shares Float641,906,551
    Shares Short0
    Shares Short (Prior Month)0
    Shares Ratio0.00
    Short Outstanding (%)0.00
    Short Float (%)0.03
    Insider (%)17.49
    Institutions (%)69.76


    11/22 10:45 EST - zacks.com
    Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?
    Here is how Fortinet (FTNT) and Innovid Corp. (CTV) have performed compared to their sector so far this year.
    11/19 20:40 EST - zacks.com
    3 Internet Software Stocks to Buy for Growth & Momentum: FIVN, FTNT, TOST
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    11/19 16:11 EST - benzinga.com
    Fortinet Targets 45% Growth-Margin Combo, $450 Million Refresh Boost: Analysts See Big Upside
    On November 7, Fortinet reported third-quarter revenue of $1.51 billion, up 13%, topping the consensus estimate of $1.48 billion. Product revenue was up 1.7% to $473.9 million.
    11/19 13:23 EST - seekingalpha.com
    Fortinet, Inc. (FTNT) Needham Security, Networking, & Communications Conference (Transcript)
    Fortinet, Inc. (NASDAQ:FTNT ) Needham Security, Networking, & Communications Conference November 19, 2024 9:30 AM ET Company Participants Keith Jensen - CFO John Whittle - COO Christiane Ohlgart - Chief Accounting Officer Conference Call Participants Matt Dezort - Needham Matt Dezort Good morning....
    11/19 11:14 EST - investors.com
    Fortinet Lays Out Medium Term Financial Targets, Expects Firewall Rebound
    At least a dozen Wall Street analysts hiked their price targets on Fortinet stock in the wake of the cybersecurity firm's investor day, where it provided new financial targets. The post Fortinet Lays Out Medium Term Financial Targets, Expects Firewall Rebound appeared first on Investor's Business...
    11/19 05:15 EST - fool.com
    Fortinet Stock Analysis: Buy, Sell, or Hold?
    Fortinet Stock Analysis: Buy, Sell, or Hold?
    11/18 07:13 EST - marketbeat.com
    2 Cybersecurity Stocks to Buy and Hold for 2025
    Cybersecurity is a big business and is getting bigger every day. Attacks are growing at an alarming double-digit pace and will accelerate in 2024.
    11/16 05:10 EST - fool.com
    This Supercharged Stock Has Jumped 70% Since August, but Can It Sustain Its Magnificent Rally?
    Investors have seen this cybersecurity stock deliver outstanding earnings growth in recent quarters.
    11/15 09:00 EST - globenewswire.com
    Fortinet Expands Global Presence with New Company-Owned Innovation Hub in Atlanta
    Newly acquired 10-story building will be transformed into newest Innovation Hub from Fortinet, including FortiCloud Point of Presence, Executive Briefing Center, Training Facility, and Support Center to drive impactful customer experiences in the Atlanta region Newly acquired 10-story building will...
    11/14 13:00 EST - zacks.com
    What Makes Fortinet (FTNT) a Strong Momentum Stock: Buy Now?
    Does Fortinet (FTNT) have what it takes to be a top stock pick for momentum investors? Let's find out.
    11/13 23:21 EST - seekingalpha.com
    The Underdog Breaks Through: Maintaining Fortinet With A Buy
    Fortinet's stock dipped post-earnings due to reduced guidance but rebounded as it beat revenue and EPS consensus, showing resilience and investor confidence. I maintain a buy rating on FTNT, driven by AI-driven SecOps, product revenue rebound, and easing macro headwinds, and I expect continued high...
    11/13 13:51 EST - zacks.com
    Fortinet (FTNT) is an Incredible Growth Stock: 3 Reasons Why
    Fortinet (FTNT) possesses solid growth attributes, which could help it handily outperform the market.
    11/13 11:30 EST - zacks.com
    Fortinet Surges 18.5% Since Q3 Results: Time to Buy the Stock?
    FTNT's record margins, 13% revenue growth and AI innovation make it a compelling buy. Solid SASE momentum & expanding security portfolio position it for sustained growth.
    11/13 11:15 EST - zacks.com
    Best Momentum Stocks to Buy for November 13th
    TOST, FTNT and PAYO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 13, 2024.
    11/12 10:51 EST - zacks.com
    Fortinet (FTNT) is a Top-Ranked Growth Stock: Should You Buy?
    Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
    11/12 10:15 EST - zacks.com
    Fortinet, Inc. (FTNT) Hits Fresh High: Is There Still Room to Run?
    Fortinet (FTNT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
    11/11 10:21 EST - zacks.com
    Don't Overlook Fortinet (FTNT) International Revenue Trends While Assessing the Stock
    Review Fortinet's (FTNT) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
    11/11 09:00 EST - globenewswire.com
    Fortinet to Host Analyst Day on its 15-Year IPO Anniversary
    SUNNYVALE, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Ken Xie, Founder, Chairman of the Board, and Chief Executive Officer at Fortinet “As we celebrate the 15th year anniversary of our IPO, we reflect on the leading role Fortinet has played in shaping the continued evolution of cybersecurity....
    11/08 16:20 EST - zacks.com
    2 Intriguing Tech Stocks to Buy After Q3 Earnings: ANET, FTNT
    Keeping in mind that a lower inflationary environment can be very favorable for tech companies, Arista Networks (ANET) and Fortinet (FTNT) are two stocks to keep an eye on after their strong Q3 results on Thursday.
    11/08 13:01 EST - zacks.com
    Fortinet Q3 Earnings Surpass Estimates, Sales Increase Y/Y
    FTNT's third-quarter results reflect strength in demand from large enterprise customers and growth in the company's security subscriptions.