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Fortinet, Inc. (FTNT)

Fortinet, Inc.

$169.13-0.07%Technology
Compare FTNT with
StockGlow Score
59
Neutral
BearishBullish

Scored against other Technology stocks, not a fixed scale.

The quick read

Fortinet is right in the middle: the good and the not-so-good roughly cancel out.

What's working
It keeps a bigger share of each dollar it brings in than most other tech companies.
Worth watching
Its price is high compared with other tech companies, given its sales and profits.
1 year ago+97.7%

Analyst price target

~12-month · 37 analysts
$167.91average target-0.7% vs now
Now $169.13
Low $104.00High $225.00

Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.

Market cap
$124.09B
52-wk high
$197.13
52-wk low
$73.55
50-day avg
$169.39
200-day avg
$123.87
Trailing P/E
59.8

About Fortinet, Inc.

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide…

Sector
Technology
Industry
Software - Infrastructure
Employees
15,472
Headquarters
Sunnyvale, CA
fortinet.com

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What’s behind the score

Valuation

P/E ratio27

P/E 59.8 — lower than 27% of Technology peers

Price / book0

P/B 80.0 — lower than 0% of Technology peers

Price / sales26

P/S 16.5 — lower than 26% of Technology peers

EV / EBITDA26

EV/EBITDA 46.5 — lower than 26% of Technology peers

EV / revenue28

EV/Revenue 16.0 — lower than 28% of Technology peers

PEG ratio28

PEG 1.9 — lower than 28% of Technology peers

Free cash flow yield43

FCF yield 1.8% — higher than 43% of Technology peers

Profitability & quality

Gross margin80

Gross margin 80.2% — higher than 80% of Technology peers

Operating margin72

Operating margin 33.6% — higher than 72% of Technology peers

Net margin74

Net margin 28.2% — higher than 74% of Technology peers

Return on equity95

ROE 117.4% — higher than 95% of Technology peers

Return on assets80

ROA 14.2% — higher than 80% of Technology peers

Cash-backed earnings53

Free cash flow is 107% of reported net income

Financial health

Debt / equity63

Debt/equity 0.4 — lower than 63% of Technology peers

Current ratio43

Current ratio 1.28 — higher than 43% of Technology peers

Quick ratio48

Quick ratio 1.14 — higher than 48% of Technology peers

Cash / debt91

Cash/debt 7.25 — higher than 91% of Technology peers

Debt / EBITDA89

Debt/EBITDA 0.22 — lower than 89% of Technology peers

Growth

Revenue growth54

Revenue growth 25.6% YoY — higher than 54% of Technology peers

Earnings growth39

Earnings growth 43.9% YoY — higher than 39% of Technology peers

Ownership & investor activity

Dividend payout ratio98

Payout ratio 0.0% — typical for Technology peers

Insider buying / selling51

Net insider buying, +6.1% of insider shares

Institutional buying / selling49

Institutions net sold, -16.8% of shares held

Insider ownership87

Insiders hold 17.4% of shares outstanding

Short interest86

2.1% of float sold short

Momentum

Price trend65

Mixed vs its moving averages

52-week range77

77% of the way from its 52-week low to high

The StockGlow Score is a snapshot of current, reported fundamentals scored against sector peers, plus price trend — not a prediction, forecast, or recommendation. Informational only, not investment advice. Data from public sources and may be delayed. How this works·Stock basics·Privacy