FTNT:NSD-Fortinet Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 327.39

Change

0.00 (0.00)%

Market Cap

USD 53.53B

Volume

0.65M

Avg Analyst Target

USD 322.05 (-1.63%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Fortinet Inc (FTNT) Stock Analysis:
Based on the Fortinet Inc stock forecasts from 18 analysts, the average analyst target price for Fortinet Inc is USD 322.05 over the next 12 months. Fortinet Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Fortinet Inc is Slightly Bullish , which is based on 9 positive signals and 5 negative signals. At the last closing, Fortinet Inc’s stock price was USD 327.39. Fortinet Inc’s stock price has changed by -15.12 % over the past week, +0.01 % over the past month and +164.47 % over the last year.

About

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-11-28 )

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ETFs Containing FTNT

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Software-Infrastructure)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 120.42% 95% A 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 120.42% 95% A 95% A
Trailing 12 Months  
Capital Gain 164.47% 97% A+ 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 164.47% 97% A+ 95% A
Trailing 5 Years  
Capital Gain 982.64% 93% A 96% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 982.64% 93% A 96% A
Average Annual (5 Year Horizon)  
Capital Gain 61.26% 81% B- 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 61.26% 81% B- 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 42.00% 42% F 43% F
Risk Adjusted Return 145.85% 91% A- 98% A+
Market Capitalization 53.53B 97% A+ 98% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Infrastructure)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 98.55 39% F 12% F
Price/Book Ratio 47.87 10% F 2% F
Price / Cash Flow Ratio 49.39 27% F 9% F
EV/EBITDA 81.75 26% F 11% F
Management Effectiveness  
Return on Equity 60.00% 100% A+ 97% A+
Return on Invested Capital 40.26% 92% A- 95% A
Return on Assets 7.85% 91% A- 88% B+
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 2.05 74% C 60% D-
Short Percent 1.38% 86% B 66% D
Beta 1.12 41% F 48% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.