Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Fortinet Inc (NASDAQ: FTNT) closed at $103.23 down -1.73% from its previous closing price of $105.05. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 4.51 million shares were traded. FTNT stock price reached its highest trading level at $105.97 during the session, while it also had its lowest trading level at $102.69.
Ratios:
For a deeper understanding of Fortinet Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.22. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 02 ’25 when Xie Michael sold 3,546 shares for $106.11 per share. The transaction valued at 376,274 led to the insider holds 11,000,068 shares of the business.
Xie Ken sold 158,488 shares of FTNT for $16,814,799 on May 02 ’25. The PRESIDENT & CEO now owns 51,391,879 shares after completing the transaction at $106.10 per share. On May 02 ’25, another insider, MICHAEL XIE, who serves as the Director of the company, bought 3,546 shares for $104.21 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 79013896192 and an Enterprise Value of 75309940736. As of this moment, Fortinet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.49, and their Forward P/E ratio for the next fiscal year is 37.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.86 while its Price-to-Book (P/B) ratio in mrq is 40.45. Its current Enterprise Value per Revenue stands at 12.261 whereas that against EBITDA is 36.626.
Stock Price History:
The Beta on a monthly basis for FTNT is 1.09, which has changed by 0.685663 over the last 52 weeks, in comparison to a change of 0.11241627 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 4.51%, while the 200-Day Moving Average is calculated to be 14.15%.
Shares Statistics:
For the past three months, FTNT has traded an average of 5.31M shares per day and 6297680 over the past ten days. A total of 769.20M shares are outstanding, with a floating share count of 635.52M. Insiders hold about 16.97% of the company’s shares, while institutions hold 71.19% stake in the company. Shares short for FTNT as of 1745971200 were 20524900 with a Short Ratio of 3.86, compared to 1743379200 on 21809409. Therefore, it implies a Short% of Shares Outstanding of 20524900 and a Short% of Float of 3.2300000000000004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
