Financhill
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27

FTNT Quote, Financials, Valuation and Earnings

Last price:
$84.67
Seasonality move :
5.83%
Day range:
$84.28 - $87.79
52-week range:
$54.57 - $114.82
Dividend yield:
0%
P/E ratio:
37.48x
P/S ratio:
10.98x
P/B ratio:
43.61x
Volume:
11.2M
Avg. volume:
4.9M
1-year change:
22.36%
Market cap:
$65.1B
Revenue:
$6B
EPS (TTM):
$2.26

Analysts' Opinion

  • Consensus Rating
    Fortinet has received a consensus rating of Hold. The company's average rating is a Hold based on 8 Buy ratings, 26 Hold ratings, and 2 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $114.59, Fortinet has an estimated upside of 35.28% from its current price of $84.71.
  • Price Target Downside
    According to analysts, the lowest downside price target is $83.00 representing 100% downside risk from its current price of $84.71.

Fair Value

  • According to the consensus of 36 analysts, Fortinet has 35.28% upside to fair value with a price target of $114.59 per share.

FTNT vs. S&P 500

  • Over the past 5 trading days, Fortinet has underperformed the S&P 500 by -3.55% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • Fortinet does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Fortinet has grown year-over-year revenues for 0 quarters straight. In the most recent quarter Fortinet reported revenues of $1.7B.

Earnings Growth

  • Fortinet has grown year-over-year earnings for 4 quarters straight. In the most recent quarter Fortinet reported earnings per share of $0.68.
Enterprise value:
62.1B
EV / Invested capital:
--
Price / LTM sales:
10.98x
EV / EBIT:
29.86x
EV / Revenue:
10.42x
PEG ratio (5yr expected):
0.67x
EV / Free cash flow:
33.03x
Price / Operating cash flow:
34.79x
Enterprise value / EBITDA:
28.20x
Gross Profit (TTM):
$4.8B
Return On Assets:
20.98%
Net Income Margin (TTM):
29.3%
Return On Equity:
417.67%
Return On Invested Capital:
123.67%
Operating Margin:
34.58%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $4.4B $5.3B $6B $1.4B $1.7B
Gross Profit $3.3B $4.1B $4.8B $1.1B $1.3B
Operating Income $969.6M $1.2B $1.8B $385.4M $574.1M
EBITDA $1.1B $1.5B $2.2B $451.2M $658.5M
Diluted EPS $1.07 $1.45 $2.26 $0.40 $0.68
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets $2.7B $3.6B $3.8B $4.4B $6B
Total Assets $4B $5.9B $6.2B $7.3B $9.8B
Current Liabilities $1.8B $2.3B $3.1B $3.7B $4.1B
Total Liabilities $3.2B $5.1B $6.5B $7.7B $8.3B
Total Equity $856M $798.4M -$281.6M -$463.4M $1.5B
Total Debt -- $988.4M $990.4M $992.3M $994.3M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Cash Flow Statement
Cash Flow Operations $1.7B $1.9B $2.3B $191.7M $477.6M
Cash From Investing $763.9M -$649.3M -$727.4M -$71.6M -$79.9M
Cash From Financing -$2.1B -$1.6B -$50.1M -$910.1M -$8.8M
Free Cash Flow $1.4B $1.7B $1.9B $164.8M $380M
FTNT
Sector
Market Cap
$65.1B
$80.1M
Price % of 52-Week High
73.78%
55.48%
Dividend Yield
0%
0%
Shareholder Yield
-0.09%
0.76%
1-Year Price Total Return
22.36%
-22.63%
Beta (5-Year)
1.095
0.881
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

Technicals

8-day SMA
Sell
Level $95.29
200-day SMA
Sell
Level $84.94
Bollinger Bands (100)
Sell
Level 93.24 - 104.78
Chaikin Money Flow
Buy
Level 1.7B
20-day SMA
Sell
Level $96.75
Relative Strength Index (RSI14)
Sell
Level 25.65
ADX Line
Sell
Level 23.53
Williams %R
Buy
Level -97.619
50-day SMA
Sell
Level $102.29
MACD (12, 26)
Sell
Level -2.92
25-day Aroon Oscillator
Sell
Level -96
On Balance Volume
Neutral
Level 1.9B

Financial Scores

Buy
Altman Z-Score (Annual)
Level (6.7886)
Sell
CA Score (Annual)
Level (-1.1073)
Buy
Beneish M-Score (Annual)
Level (-2.5993)
Buy
Momentum Score
Level (9)
Sell
Ohlson Score
Level (0.4551)
Buy
Piotroski F Score (Annual)
Level (7)
Buy
Quality Ratio Score
Level (7)
Buy
Fundamental Score
Level (7)

Revenue Forecast

Earnings per Share Forecast

Company Profile

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 800,000 customers across the world.

Stock Forecast FAQ

In the current month, FTNT has received 8 Buy ratings 26 Hold ratings, and 2 Sell ratings. The FTNT average analyst price target in the past 3 months is $114.59.

  • Where Will Fortinet Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Fortinet share price will rise to $114.59 per share over the next 12 months.

  • What Do Analysts Say About Fortinet?

    Analysts are divided on their view about Fortinet share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Fortinet is a Sell and believe this share price will drop from its current level to $83.00.

  • What Is Fortinet's Price Target?

    The price target for Fortinet over the next 1-year time period is forecast to be $114.59 according to 36 Wall Street analysts, 8 of them rate the stock a Buy, 2 rate the stock a Sell, and 26 analysts rate the stock a Hold.

  • Is FTNT A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Fortinet is a Hold. 26 of 36 analysts rate the stock a Hold at this time.

  • How Can I Buy Shares Of FTNT?

    You can purchase shares of Fortinet via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Fortinet shares.

  • What Is The Fortinet Share Price Today?

    Fortinet was last trading at $84.67 per share. This represents the most recent stock quote for Fortinet. Yesterday, Fortinet closed at $84.71 per share.

  • How To Buy Fortinet Stock Online?

    In order to purchase Fortinet stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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