Fortinet is a software-infrastructure business based in the US. Fortinet shares (FTNT) are listed on the NASDAQ and all prices are listed in US Dollars. Fortinet employs 13,677 staff and has a trailing 12-month revenue of around $5 billion.
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| Latest market close | $58.78 |
|---|---|
| 52-week range | $42.61 - $81.24 |
| 50-day moving average | $67.15 |
| 200-day moving average | $62.52 |
| Wall St. target price | $74.18 |
| PE ratio | 46.8605 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $1.29 |
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $58.78 from 2023-09-21
| 1 week (2023-09-15) | -3.67% |
|---|---|
| 1 month (2023-08-23) | -0.69% |
| 3 months (2023-06-23) | -17.89% |
| 6 months (2023-03-23) | -7.07% |
| 1 year (2022-09-23) | 20.97% |
|---|---|
| 2 years (2021-09-19) | N/A |
| 3 years (2020-09-23) | 115.27 |
| 5 years (2018-09-21) | 85.48 |
Valuing Fortinet stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fortinet's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | $5 billion |
|---|---|
| Operating margin TTM | 23.48% |
| Gross profit TTM | $3.3 billion |
| Return on assets TTM | 11.46% |
| Return on equity TTM | 78.99% |
| Profit margin | 21.24% |
| Book value | $0.41 |
| Market Capitalization | $47.5 billion |
TTM: trailing 12 months
We're not expecting Fortinet to pay a dividend over the next 12 months.
Fortinet's shares were split on a 5:1 basis on 22 June 2022. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Fortinet shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Fortinet shares which in turn could have impacted Fortinet's share price.
Over the last 12 months, Fortinet's shares have ranged in value from as little as $42.61 up to $81.24. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Fortinet's is 1.1584. This would suggest that Fortinet's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Fortinet, Inc. provides cybersecurity and networking solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides centralized network logging, analyzing and reporting solutions. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiAuthenticator, a zero trust access solution; FortiGate VM, a network firewall virtual appliance; FortiToken, product family for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries.
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