Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Fortinet Inc (NASDAQ: FTNT) closed the day trading at $97.00 up 2.79% from the previous closing price of $94.37. In other words, the price has increased by $2.79 from its previous closing price. On the day, 4.33 million shares were traded.
Ratios:
For a better understanding of FTNT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.69. 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.
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, Roth Capital on Apr-24-25, initiated with a Neutral rating and assigned the stock a target price of $103.
On April 01, 2025, Stephens started tracking the stock assigning a Equal-Weight rating and target price of $108.
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:
As of this moment, Fortinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.92, and their Forward P/E ratio for the next fiscal year is 35.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.52 while its Price-to-Book (P/B) ratio in mrq is 49.81.
Stock Price History:
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 -3.61%, while the 200-Day Moving Average is calculated to be 11.39%.
Shares Statistics:
A total of 767.00M shares are outstanding, with a floating share count of 638.44M. Insiders hold about 16.98% of the company’s shares, while institutions hold 68.63% stake in the company.
