Fortinet Inc logo

FTNT - Fortinet Inc Share Price

$168.85 0.9  0.5%

Last Trade - 26/02/21

Sector
Technology
Size
Large Cap
Market Cap £19.78bn
Enterprise Value £18.46bn
Revenue £1.86bn
Position in Universe 435th / 6715
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +14.5%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -2.06%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1,009 1,275 1,495 1,801 2,163 2,594 3,057 3,512 +20.8%
-56.2 +204 +166.8 +293.6 -9.2 +43.0 +36.4 +14.0
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, FortinetInc revenues increased 20% to $2.59B. Net income beforeextraordinary items increased 48% to $488.5M. Revenuesreflect Security subscription - FortiGuard segment increaseof 22% to $918.7M, Technical support - FortiCare segmentincrease of 22% to $759.3M, Europe/Middle East/Africasegment increase of 21% to $991.9M, United States segmentincrease of 17% to $813.3M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for FTNT
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Fortinet, Inc. is a network security company. The Company provides cyber security solutions to a range of enterprises, service providers and government organizations across the world. Its network security solution consists of FortiGate physical, virtual machine and cloud platforms, which provide integrated security and networking functions to protect data, applications and users from network-and content-level security threats. The Company's product offerings consist of its FortiGate product family, along with its FortiManager central management and FortiAnalyzer central logging and reporting product families. Its cybersecurity platform includes a range of products, which include its FortiMail e-mail security, FortiSandbox advanced threat protection (ATP), FortiWeb Web application firewall, FortiDDos and FortiDB database security appliances, as well as its FortiClient endpoint security software, FortiAP secure wireless access points and FortiSwitch secure switch connectivity products.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated November 28, 2000
Public Since June 8, 2009
No. of Shareholders: 43
No. of Employees: 8,238
Sector Technology
Industry Software & IT Services
Index Nasdaq Composite , S&P 500 Information Technology (sector), S&P Composite 1500 , S&P 500 ,
Exchange NASDAQ Global Select Market
Shares in Issue 163,190,919
Free Float (0.0%)
Eligible for
ISAs
SIPPs
FTNT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
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Range (12m)
Beta
Latest News for FTNT
Upcoming Events for FTNT
Tuesday 4th May, 2021 Estimate
Q1 2021 Fortinet Inc Earnings Release
Frequently Asked Questions for Fortinet Inc
What is the Fortinet Inc share price?

As of 26/02/21, shares in Fortinet Inc are trading at $168.85, giving the company a market capitalisation of £19.78bn. This share price information is delayed by 15 minutes.

How has the Fortinet Inc share price performed this year?

Shares in Fortinet Inc are currently trading at $168.85 and the price has moved by 64.51% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Fortinet Inc price has moved by 26.91% over the past year.

What are the analyst and broker recommendations for Fortinet Inc?

Of the analysts with advisory recommendations for Fortinet Inc, there are there are currently 10 "buy" , 12 "hold" and 1 "sell" recommendations. The overall consensus recommendation for Fortinet Inc is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Fortinet Inc next release its financial results?

Fortinet Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Fortinet Inc dividend yield?

Fortinet Inc does not currently pay a dividend.

Does Fortinet Inc pay a dividend?

Fortinet Inc does not currently pay a dividend.

When does Fortinet Inc next pay dividends?

Fortinet Inc does not currently pay a dividend.

How do I buy Fortinet Inc shares?

To buy shares in Fortinet Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Fortinet Inc?

Shares in Fortinet Inc are currently trading at $168.85, giving the company a market capitalisation of £19.78bn.

Where are Fortinet Inc shares listed? Where are Fortinet Inc shares listed?

Here are the trading details for Fortinet Inc:

Country of listing: United States
Exchange: NSQ
Ticker Symbol: FTNT
What kind of share is Fortinet Inc?

Based on an overall assessment of its quality, value and momentum, Fortinet Inc is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Fortinet Inc share price forecast 2021?

Shares in Fortinet Inc are currently priced at $168.85. At that level they are trading at 0.33% premium to the analyst consensus target price of 0.00.

Analysts covering Fortinet Inc currently have a consensus Earnings Per Share (EPS) forecast of 3.71 for the next financial year.

How can I tell whether the Fortinet Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Fortinet Inc. Over the past six months, the relative strength of its shares against the market has been 18.05%. At the current price of $168.85, shares in Fortinet Inc are trading at 25.32% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Fortinet Inc PE Ratio?

The Fortinet Inc PE ratio based on its reported earnings over the past 12 months is 62.08. The shares are currently trading at $168.85.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Fortinet Inc?

Fortinet Inc's management team is headed by:

Ken Xie - CHM
Michael Xie - PRE
Kenneth Goldman - DRC
John Whittle - EVP
William Neukom - LED
Ming Hsieh - IND
Keith Jensen - CFO
Jean Hu - IND
Kelly Ducourty - IND
Who are the major shareholders of Fortinet Inc?

Here are the top five shareholders of Fortinet Inc based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 9.76% (15.9m shares)
Xie (Kenneth) Individual Investor
Percentage owned: 9.36% (15.3m shares)
Xie (Michael) Individual Investor
Percentage owned: 8.74% (14.3m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 4.58% (7.48m shares)
State Street Global Advisors (US) Investment Advisor/Hedge Fund
Percentage owned: 3.27% (5.34m shares)
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