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After finishing at $98.28 in the prior trading day, Fortinet Inc (NASDAQ: FTNT) closed at $97.93, down -0.36%. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 4.3 million shares were traded. FTNT stock price reached its highest trading level at $100.84 during the session, while it also had its lowest trading level at $97.61.
Ratios:
Our goal is to gain a better understanding of FTNT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.07. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.70.
On February 03, 2025, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also upped its target price recommendation from $105 to $112.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’25 when GOLDMAN KENNETH A sold 2,000 shares for $100.00 per share. The transaction valued at 200,000 led to the insider holds 18,612 shares of the business.
Xie Michael sold 326,784 shares of FTNT for $32,079,517 on Mar 11 ’25. The VP, ENGINEERING & CTO now owns 11,000,068 shares after completing the transaction at $98.17 per share. On Mar 10 ’25, another insider, GOLDMAN KENNETH A, who serves as the Director of the company, sold 1,000 shares for $99.32 each. As a result, the insider received 99,320 and left with 20,612 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 75305623552 and an Enterprise Value of 72581668864. As of this moment, Fortinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.33, and their Forward P/E ratio for the next fiscal year is 35.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.64 while its Price-to-Book (P/B) ratio in mrq is 50.28. Its current Enterprise Value per Revenue stands at 12.187 whereas that against EBITDA is 37.771.
Stock Price History:
The Beta on a monthly basis for FTNT is 1.09, which has changed by 0.43930042 over the last 52 weeks, in comparison to a change of 0.087141395 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 -3.89%, while the 200-Day Moving Average is calculated to be 19.70%.
Shares Statistics:
The stock has traded on average 4.59M shares per day over the past 3-months and 5131030 shares per day over the last 10 days, according to various share statistics. A total of 767.00M shares are outstanding, with a floating share count of 637.63M. Insiders hold about 17.08% of the company’s shares, while institutions hold 68.47% stake in the company. Shares short for FTNT as of 1740700800 were 17958676 with a Short Ratio of 3.91, compared to 1738281600 on 15171462. Therefore, it implies a Short% of Shares Outstanding of 17958676 and a Short% of Float of 2.8299998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
