Stock Scorecard
Stock Summary for Fortinet Inc (FTNT) - $91.41 as of 11/20/2024 4:05:50 PM EST
Total Score
10 out of 30
Currently on the following lists
None
Tim's Recommendation
Avoid
Growth List Algorithm Criteria for FTNT
| Positive earnings growth | |
| P/E ratio less than Industry P/E Ratio | |
| P/E ratio less than Sector P/E Ratio | |
| P/E ratio that is half the growth rate (or less) | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Positive net income past year and 12 trailing months | |
| Free cash flow ratio greater than 0 and less than 10 |
Small Cap List Algorithm Criteria for FTNT
| Revenue growing by at least 20% average per year over the last 5 years | |
| Market Capitalization under 2 billion | |
| Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months | |
| Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months | |
| Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year |
Dividend List Algorithm Criteria for FTNT
| Declared an ex-dividend date | |
| Forward annual dividend rate greater than 2 | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Current ratio most recent quarter greater than 2 | |
| Cash Flow per Share greater than Trailing Dividend Rate |
Bonus Criteria for FTNT
| P/E ratio less than five-year Average P/E ratio | |
| Last Price to 52 Week Low Ratio Less Than 1 | |
| Total Cash Per Share > Last Day Price | |
| P/S Ratio < 1 | |
| P/B Ratio < 1 |
Safety Rating Criteria for FTNT (56 out of 90)
| Stock Price Rating (Max of 10) | 9 |
| Historical Stock Price Rating (Max of 10) | 7 |
| Stock Price Trend (Max of 10) | 10 |
| Book Value (Max of 10) | 2 |
| Book Value to Price (Max of 10) | 0 |
| Analyst Buy Ratings (Max of 5) | 5 |
| Analyst Strong Buy Ratings (Max of 5) | 5 |
| Dividend Yield Percentage (Max of 10) | 0 |
| Operating Margin (Max of 10) | 6 |
| Trading Volume (Max of 10) | 10 |
| Price to Earnings (Max of 10) | 2 |
Latest News for for FTNT
Financial Details for FTNT
Company Overview |
|
|---|---|
| Ticker | FTNT |
| Company Name | Fortinet Inc |
| Country | USA |
| Description | Fortinet (Nasdaq: FTNT) is an American multinational corporation headquartered in Sunnyvale, California. It develops and sells cybersecurity solutions, including but not limited to physical products such as firewalls, plus software and services such as anti-virus protection, intrusion prevention systems and endpoint security components. |
| Sector Name | TECHNOLOGY |
| Industry Name | COMPUTER PERIPHERAL EQUIPMENT, NEC |
| Most Recent Quarter | 9/30/2024 |
| Next Earnings Date | 2/4/2025 |
Stock Price History |
|
| Last Day Price | 91.41 |
| Price 4 Years Ago | 29.71 |
| Last Day Price Updated | 11/20/2024 4:05:50 PM EST |
| Last Day Volume | 4,965,807 |
| Average Daily Volume | 4,893,238 |
| 52-Week High | 100.59 |
| 52-Week Low | 50.65 |
| Last Price to 52 Week Low | 80.47% |
Valuation Measures |
|
| Trailing PE | 45.62 |
| Industry PE | 27.44 |
| Sector PE | 53.62 |
| 5-Year Average PE | 51.64 |
| Free Cash Flow Ratio | 18.93 |
| Industry Free Cash Flow Ratio | 18.78 |
| Sector Free Cash Flow Ratio | 53.26 |
| Current Ratio Most Recent Quarter | 1.34 |
| Total Cash Per Share | 4.83 |
| Book Value Per Share Most Recent Quarter | 1.19 |
| Price to Book Ratio | 77.55 |
| Industry Price to Book Ratio | 18.98 |
| Sector Price to Book Ratio | 14.91 |
| Price to Sales Ratio Twelve Trailing Months | 12.19 |
| Industry Price to Sales Ratio Twelve Trailing Months | 6.11 |
| Sector Price to Sales Ratio Twelve Trailing Months | 4.97 |
| Analyst Buy Ratings | 8 |
| Analyst Strong Buy Ratings | 8 |
Share Statistics |
|
| Total Shares Outstanding | 766,453,000 |
| Market Capitalization | 70,061,468,730 |
| Institutional Ownership | N/A |
Dividends |
|
| Ex-Dividend Date | N/A |
| Last Dividend Amount | 0.00 |
| Current Dividend Amount | 0.00 |
| Total Years Dividend Increasing | N/A |
| Trailing Annual Dividend Rate | 0.00 |
| Trailing Annual Dividend Yield | 1.78% |
| Forward Annual Dividend Rate | 0.00 |
| Forward Annual Dividend Yield | 0.00% |
| 5-Year Dividend Payments Count | 0 |
| 3-Year Average Dividend Yield | 0.00% |
| 5-Year Average Dividend Yield | 0.00% |
| 1-Year Dividend Growth Rate Percentage | 0.00% |
| 3-Year Dividend Growth Rate Percentage | 0.00% |
| 5-Year Dividend Growth Rate Percentage | 0.00% |
| All-Time Dividend Growth Rate Percentage | 0.00% |
| Dividend Payout Ratio | N/A |
Income Statement |
|
| Quarterly Earnings Growth YOY | 70.70% |
| Annual Earnings Growth | 33.89% |
| Reported EPS 12 Trailing Months | 1.99 |
| Reported EPS Past Year | 1.63 |
| Reported EPS Prior Year | 1.64 |
| Net Income Twelve Trailing Months | 1,529,900,000 |
| Net Income Past Year | 1,147,800,000 |
| Net Income Prior Year | 857,300,000 |
| Quarterly Revenue Growth YOY | 13.00% |
| 5-Year Revenue Growth | 23.88% |
| Operating Margin Twelve Trailing Months | 0.31 |
Balance Sheet |
|
| Total Cash Most Recent Quarter | 3,700,700,000 |
| Total Cash Past Year | 2,440,400,000 |
| Total Cash Prior Year | 2,211,000,000 |
| Net Cash Position Most Recent Quarter | 2,706,900,000 |
| Net Cash Position Past Year | 1,448,100,000 |
| Long Term Debt Past Year | 992,300,000 |
| Long Term Debt Prior Year | 990,400,000 |
| Total Debt Most Recent Quarter | 993,800,000 |
| Equity to Debt Ratio Past Year | -0.88 |
| Equity to Debt Ratio Most Recent Quarter | 0.48 |
| Total Stockholder Equity Past Year | -463,400,000 |
| Total Stockholder Equity Prior Year | -281,600,000 |
| Total Stockholder Equity Most Recent Quarter | 908,100,000 |
Free Cash Flow |
|
| Free Cash Flow Twelve Trailing Months | 1,664,000,000 |
| Free Cash Flow Per Share Twelve Trailing Months | 2.17 |
| Free Cash Flow Past Year | 1,731,400,000 |
| Free Cash Flow Prior Year | 1,449,400,000 |
Options |
|
| Put/Call Ratio | 0.56 |
| Has Options | Options Chain |
| Liquidity Rating | |
Technical Analysis |
|
| Yahoo Finance Chart | Yahoo Finance Chart |
| MACD | 4.41 |
| MACD Signal | 3.00 |
| 20-Day Bollinger Lower Band | 54.07 |
| 20-Day Bollinger Middle Band | 75.55 |
| 20-Day Bollinger Upper Band | 97.03 |
| Beta | 1.00 |
| RSI | 72.30 |
| 50-Day SMA | 67.61 |
| 150-Day SMA | 61.92 |
| 200-Day SMA | 59.30 |
System |
|
| Modified | 11/21/2024 1:25:30 AM EST |