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Total marketcap
$110.23B
Total volume
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Dominance

Fortinet FTNT Stock

$75.38   1.662527%
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Market Cap
$61.54B
LOW - HIGH [24H]
$80.28 - $80.87
VOLUME [24H]
$1.40M
P/E Ratio
33.04
Earnings per share
$2.43
Price   Prediction

Fortinet Price Chart

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Fortinet FTNT Financial and Trading Overview

Fortinet stock price 75.38 USD
Previous Close 71.48 USD
Open 71.29 USD
Bid 0 USD x 1200
Ask 0 USD x 800
Day's Range 71.16 - 73.85 USD
52 Week Range 42.61 - 73.85 USD
Volume 5.44M USD
Avg. Volume 4.74M USD
Market Cap 57.78B USD
Beta (5Y Monthly) 1.15
PE Ratio (TTM) 60.319668
EPS (TTM) 2.43 USD
Forward Dividend & Yield N/A (N/A)
Ex-Dividend Date N/A
1y Target Est 74.39 USD

FTNT Valuation Measures

Enterprise Value 54.24B USD
Trailing P/E 60.319668
Forward P/E 42.293102
PEG Ratio (5 yr expected) 2.5
Price/Sales (ttm) 12.229376
Price/Book (mrq) 4906
Enterprise Value/Revenue 11.479
Enterprise Value/EBITDA 45.437

Trading Information

Fortinet Stock Price History

Beta (5Y Monthly) 1.15
52-Week Change 36.78%
S&P500 52-Week Change 20.43%
52 Week High 73.85 USD
52 Week Low 42.61 USD
50-Day Moving Average 67.1 USD
200-Day Moving Average 57.25 USD

FTNT Share Statistics

Avg. Volume (3 month) 4.74M USD
Avg. Daily Volume (10-Days) 5.32M USD
Shares Outstanding 785.2M
Float 664.23M
Short Ratio 2.36
% Held by Insiders 18.68%
% Held by Institutions 70.46%
Shares Short 12.72M
Short % of Float 1.93%
Short % of Shares Outstanding 1.61%

Dividends & Splits

Trailing Annual Dividend Rate 0
Trailing Annual Dividend Yield 0%
5 Year Average Dividend Yield N/A
Payout Ratio 0
Last Split Factor 5:1

Financial Highlights

Fiscal Year

Fiscal Year Ends December 31, 2022
Most Recent Quarter (mrq) March 31, 2023
Next Fiscal Year End December 31, 2023

Profitability

Profit Margin 20.45%
Operating Margin (ttm) 23.01%
Gross Margin 75.89%
EBITDA Margin 25.26%

Management Effectiveness

Return on Assets (ttm) 10.88%
Return on Equity (ttm) 789.86%

Income Statement

Revenue (ttm) 4.72B USD
Revenue Per Share (ttm) 6.01 USD
Quarterly Revenue Growth (yoy) 32.20%
Gross Profit (ttm) 3.33B USD
EBITDA 1.19B USD
Net Income Avi to Common (ttm) 966.6M USD
Diluted EPS (ttm) 1.22
Quarterly Earnings Growth (yoy) 79.00%

Balance Sheet

Total Cash (mrq) 2.88B USD
Total Cash Per Share (mrq) 3.67 USD
Total Debt (mrq) 990.9M USD
Total Debt/Equity (mrq) 8692.11 USD
Current Ratio (mrq) 1.336
Book Value Per Share (mrq) 0.015

Cash Flow Statement

Operating Cash Flow (ttm) 2.01B USD
Levered Free Cash Flow (ttm) 1.38B USD

Profile of Fortinet

Country United States
State CA
City Sunnyvale
Address 899 Kifer Road
ZIP 94086
Phone 408 235 7700
Website https://www.fortinet.com
Industry Software-Infrastructure
Sector(s) Technology
Full Time Employees 13202

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. It has strategic alliance with Linksys. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.

Q&A For Fortinet Stock

What is a current FTNT stock price?

Fortinet FTNT stock price today per share is 75.38 USD.

How to purchase Fortinet stock?

You can buy FTNT shares on the Tech Market Large exchange. Contact your financial advisor to select a broker.

What is the ticker symbol for Fortinet?

The stock symbol or ticker of Fortinet is FTNT.

Which industry does the Fortinet company belong to?

The Fortinet industry is Software-Infrastructure.

How many shares does Fortinet have in circulation?

The max supply of Fortinet shares is 816.38M.

What is Fortinet Price to Earnings Ratio (PE Ratio)?

Fortinet PE Ratio is 33.04938000 now.

What was Fortinet earnings per share over the trailing 12 months (TTM)?

Fortinet EPS is 2.43 USD over the trailing 12 months.

Which sector does the Fortinet company belong to?

The Fortinet sector is Technology.

Fortinet FTNT included in indexes

Name Name Price Price 24h%
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VOL Volume 24h low 24h high Volume
Name Name Price Price 24h%
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US Tech Composite IXIC 23419.08 USD
-0.24
6.09B USD 23414.83 USD 23521.05 USD 6.09B USD
S&P 500 INDEX SPX 6896.24 USD
-0.14
1.73B USD 6893.47 USD 6913.25 USD 1.73B USD
S&P 500 (Yahoo.com) GSPC 6896.24 USD
-0.14
1.71B USD 6893.47 USD 6913.25 USD 1.71B USD
US100 NDX 25462.56 USD
-0.25
692.44M USD 25456.92 USD 25577.58 USD 692.44M USD
US Tech Computer IXCO 22967.23 USD
-0.15
22963 USD 23086.42 USD
ISE Cyber Security UCITS Index HUR 702.3 USD
-0.45
702.14 USD 706.08 USD
US Tech-100 After Hours Indicato QIV 25464.8 USD
-0.24
25456.49 USD 25469.73 USD
US Tech US CapEx Achievers Index CAPEXA 3401.07 USD
-0.1
3399.5 USD 3407.73 USD
US Tech US Price Setters Index NQPRCE 2929.96 USD
-0.25
2928.99 USD 2936.21 USD
US Tech AlphaDEX Multi Cap Growt NQDXUSMLTCG 3497.11 USD
-0.57
3496.6 USD 3518.91 USD
US Tech-100 Target 25 Index NDXT25 2001.62 USD
<0.01
1985.64 USD 2007.47 USD
US Tech-100 ESG Net Notional Tot NDXESG24 1952.46 EUR 2134.31 USD
-0.18
1951.96 EUR 2133.75 USD 1960.66 EUR 2143.27 USD
US Tech-100 PM Settlement Value XQC 16331.98 USD
+1.13
16331.98 USD 16331.98 USD
US Tech-100 Equal Weighted NDXE 8733.22 USD
-0.26
8731.39 USD 8769.97 USD
US Tech-100 Notional Net Total R XNDXNNR 29586.25 USD
-0.25
29579.62 USD 29719.9 USD
US Tech Composite Total Return XCMP 28797.52 USD
-0.24
28792.3 USD 28922.91 USD
ISE Cyber Security Index HXR 740.83 USD
-0.39
740.7 USD 744.53 USD
US Tech-100 Pre Market Indicator QMI 25496.66 USD
-0.11
25492.78 USD 25536.75 USD
US Tech-100 Reduced Value Index NQX 5092.51 USD
-0.25
5091.38 USD 5115.52 USD
US Tech Global Select Market Com NQGS 11479.19 USD
-0.21
11477.01 USD 11527.15 USD
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