Insider’s View: Deciphering Fortinet Inc (FTNT)’s Financial Health Through Ratios

Abby Carey

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

The price of Fortinet Inc (NASDAQ: FTNT) closed at $85.99 in the last session, up 0.90% from day before closing price of $85.22. In other words, the price has increased by $0.90 from its previous closing price. On the day, 8.4 million shares were traded. FTNT stock price reached its highest trading level at $86.311 during the session, while it also had its lowest trading level at $84.0.

Ratios:

We take a closer look at FTNT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.24.

DZ Bank Upgraded its Hold to Buy on August 08, 2025, while the target price for the stock was maintained at $85.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 03 ’25 when Xie Ken sold 158,485 shares for $86.51 per share. The transaction valued at 13,710,381 led to the insider holds 51,391,879 shares of the business.

Ohlgart Christiane sold 110 shares of FTNT for $9,515 on Nov 04 ’25. The Chief Financial Officer now owns 6,724 shares after completing the transaction at $86.50 per share. On Nov 03 ’25, another insider, Xie Michael, who serves as the VP, ENGINEERING & CTO of the company, sold 3,546 shares for $86.53 each. As a result, the insider received 306,825 and left with 10,492,018 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTNT now has a Market Capitalization of 65891217408 and an Enterprise Value of 62417014784. As of this moment, Fortinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.32, and their Forward P/E ratio for the next fiscal year is 30.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.40 while its Price-to-Book (P/B) ratio in mrq is 31.95. Its current Enterprise Value per Revenue stands at 9.848 whereas that against EBITDA is 29.922.

Stock Price History:

The Beta on a monthly basis for FTNT is 1.10, which has changed by 0.01840341 over the last 52 weeks, in comparison to a change of 0.13367426 over the same period for the S&P500. Over the past 52 weeks, FTNT has reached a high of $114.82, while it has fallen to a 52-week low of $70.12. The 50-Day Moving Average of the stock is 3.53%, while the 200-Day Moving Average is calculated to be -10.05%.

Shares Statistics:

According to the various share statistics, FTNT traded on average about 7.32M shares per day over the past 3-months and 4591220 shares per day over the past 10 days. A total of 765.60M shares are outstanding, with a floating share count of 638.07M. Insiders hold about 16.73% of the company’s shares, while institutions hold 71.16% stake in the company. Shares short for FTNT as of 1760486400 were 20327870 with a Short Ratio of 2.78, compared to 1757894400 on 19429476. Therefore, it implies a Short% of Shares Outstanding of 20327870 and a Short% of Float of 3.19.

Earnings Estimates

The company has 6.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.63, with high estimates of $0.67 and low estimates of $0.59.

Analysts are recommending an EPS of between $2.7 and $2.66 for the fiscal current year, implying an average EPS of $2.69. EPS for the following year is $2.81, with 42.0 analysts recommending between $3.24 and $2.58.

Revenue Estimates

According to 36 analysts,. The current quarter’s revenue is expected to be $1.87B. It ranges from a high estimate of $1.9B to a low estimate of $1.84B. As of. The current estimate, Fortinet Inc’s year-ago sales were $1.66BFor the next quarter, 36 analysts are estimating revenue of $1.73B. There is a high estimate of $1.76B for the next quarter, whereas the lowest estimate is $1.68B.

A total of 40 analysts have provided revenue estimates for FTNT’s current fiscal year. The highest revenue estimate was $6.79B, while the lowest revenue estimate was $6.71B, resulting in an average revenue estimate of $6.75B. In the same quarter a year ago, actual revenue was $5.96BBased on 41 analysts’ estimates, the company’s revenue will be $7.54B in the next fiscal year. The high estimate is $7.89B and the low estimate is $7.24B.

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