Gaining Ground: Fortinet Inc (FTNT) Closes Higher at 102.97, Up 3.95

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The price of Fortinet Inc (NASDAQ: FTNT) closed at $102.97 in the last session, up 3.95% from day before closing price of $99.06. In other words, the price has increased by $3.95 from its previous closing price. On the day, 6.02 million shares were traded. FTNT stock price reached its highest trading level at $103.55 during the session, while it also had its lowest trading level at $99.25.

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 16.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.25.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on May 08, 2025, Reiterated its Market Perform rating but revised its target price to $110 from $122 previously.

On May 06, 2025, DZ Bank Downgraded its rating to Sell which previously was Hold but kept the price unchanged to $95.

On April 23, 2025, Roth Capital started tracking the stock assigning a Neutral rating and target price of $103.Roth Capital initiated its Neutral rating on April 23, 2025, with a $103 target price.

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 Jun 06 ’25 when NEUKOM WILLIAM H. bought 335 shares for $104.22 per share. The transaction valued at 34,912 led to the insider holds 301,471 shares of the business.

Ohlgart Christiane sold 1,164 shares of FTNT for $121,883 on Jun 06 ’25. The Chief Financial Officer now owns 6,062 shares after completing the transaction at $104.71 per share. On Jun 06 ’25, another insider, MARGRIT CHRISTIANE OHLGART, who serves as the Officer of the company, bought 1,164 shares for $103.50 each.

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 78814887936 and an Enterprise Value of 77215825920. As of this moment, Fortinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.38, and their Forward P/E ratio for the next fiscal year is 37.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.83 while its Price-to-Book (P/B) ratio in mrq is 40.35. Its current Enterprise Value per Revenue stands at 12.571 whereas that against EBITDA is 37.553.

Stock Price History:

The Beta on a monthly basis for FTNT is 1.09, which has changed by 0.7311702 over the last 52 weeks, in comparison to a change of 0.10611236 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 $54.57. The 50-Day Moving Average of the stock is -0.32%, while the 200-Day Moving Average is calculated to be 6.42%.

Shares Statistics:

According to the various share statistics, FTNT traded on average about 4.70M shares per day over the past 3-months and 4746320 shares per day over the past 10 days. A total of 769.20M shares are outstanding, with a floating share count of 635.99M. Insiders hold about 16.91% of the company’s shares, while institutions hold 69.38% stake in the company. Shares short for FTNT as of 1749772800 were 17638755 with a Short Ratio of 4.21, compared to 1747267200 on 15879603. Therefore, it implies a Short% of Shares Outstanding of 17638755 and a Short% of Float of 2.77.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.