Fortinet Inc. (FTNT)

FTNT (NASDAQ:Computer Software & Services)
$18.31
neg -0.09
-0.49%
Today's Range: 18.05 - 18.50 | FTNT Avg Daily Volume: 2,834,500
Last Update: 05/24/13 - 4:00 PM EDT
Volume: 1,945,585
YTD Performance: -12.46%
Open: $18.33
Previous Close: $18.40
52 Week Range: $17.26 - $28.23
Oustanding Shares: 162,225,326
Market Cap: 2,984,945,998
6-Month Chart
TheStreet Ratings Grade for FTNT
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 8 11 13 13
Moderate Buy 1 1 2 2
Hold 11 10 7 7
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.15 1.95 1.73 1.73
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 48.42
Price Earnings Comparisons:
FTNT Sector Avg. S&P 500
48.42 48.40 17.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-23.37% -20.98% 126.32%
GROWTH 12 Mo 3 Yr CAGR
Revenue 23.10 1.12 0.28
Net Income 7.00 0.11 0.04
EPS 5.30 -0.57 -0.24
Earnings for FTNT:
EBITDA 0.13B
Revenue 0.53B
Average Earnings Estimates
Qtr (06/13) Qtr (09/13) FY (12/13) FY (12/14)
Average Estimate $0.06 $0.09 $0.35 $0.45
Number of Analysts 11 11 11 10
High Estimate $0.08 $0.12 $0.40 $0.52
Low Estimate $0.05 $0.08 $0.32 $0.38
Prior Year $0.08 $0.10 $0.39 $0.35
Growth Rate (Year over Year) -19.32% -7.27% -9.56% 26.73%
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SwingTradeAlert
SwingTradeAlert: RT @barronstechblog: BLOX Jumps 15%: Bulls Cheer ‘Demand Pull,’ ‘Point of Control’ - Tech Trader Daily - Barron's $BLOX $FIRE $FTNT $FFIV http://t.co/LiNO8lNYiQ
1 day ago from stefanJobes
barronstechblog
barronstechblog: BLOX Jumps 15%: Bulls Cheer ‘Demand Pull,’ ‘Point of Control’ - Tech Trader Daily - Barron's $BLOX $FIRE $FTNT $FFIV http://t.co/LiNO8lNYiQ
1 day ago from bitly
thegunnerab
thegunnerab: @thetradingwife Did you short $FTNT, why? There are much better shorts in the same field
1 day ago from web
thetradingwife
thetradingwife: Charts $ZIOP $FTNT http://t.co/BCAIDwmfCO
1 day ago from WordPress.com
thetradingwife
thetradingwife: Added a short to the mix in $FTNT
1 day ago from web
Andrew_Dailey
Andrew_Dailey: RT @barronstechblog: Fortinet Rising: Q1 Rev at High End of Revised Outlook - Tech Trader Daily - Barron's $FTNT $FIRE $CHKP $PANW http://t.co/Wm42JzOjzG
2 days ago from Twitter for iPhone
istenmark
istenmark: RT @barronstechblog: Fortinet Rising: Q1 Rev at High End of Revised Outlook - Tech Trader Daily - Barron's $FTNT $FIRE $CHKP $PANW http://t.co/Wm42JzOjzG
2 days ago from web
micenter
micenter: Fortinet $FTNT Trading Near $18.00 Support Level ( http://t.co/7KXwSRk6UY )
2 days ago from Marketintelligencecenter.com
KenShreve
KenShreve: M&A And VC Deals Target Hot Spots In Tech Security http://t.co/37tKB0IGeJ via @IBDinvestors $CSCO $EQIX $FIRE $FTNT $IMPV
2 days ago from Tweet Button
BVTechnology
BVTechnology: $FTNT What's Next in Next-Generation Firewalls and Testing: High Performance Netwo.. http://t.co/hqZw7LIJjw
3 days ago from BoardVote.com

bearishFortinet price target and earnings reduced at UBS

May 1, 2013 | 7:22 AM EDT

FTNT earnings estimates were reduced on what is considered kitchen-sink type guidance from the new CFO, said UBS. Price target goes to $25.

Fortinet Follow-up

By

Doug Kass

 | Apr 11, 2013 | 9:55 AM EDT
Here is Deutsche Bank's take. 

Adding to Fortinet Long

By

Doug Kass

 | Apr 11, 2013 | 9:21 AM EDT
Small buy.

More Signs of Slowing Growth

By

Doug Kass

 | Apr 11, 2013 | 8:33 AM EDT
Billing trends are down, but central banks seem to have altered the laws of investment gravity.

Early-Morning Market Look

By

Doug Kass

 | Apr 11, 2013 | 8:14 AM EDT
Let's look at the overnight move in the markets.

From the Street of Dreams

By

Doug Kass

 | Apr 11, 2013 | 8:04 AM EDT
Here is what the analysts are up to this morning.

bearishFortinet downgraded at Wells

Apr 11, 2013 | 7:55 AM EDT

FTNT was downgraded to Market Perform, Wells Fargo said. Company pre-announced lower billings.

bearishFortinet estimates reduced at UBS

Apr 11, 2013 | 7:41 AM EDT

FTNT earnings estimates were reduced after management pre-announced first quarter results, said UBS. CIO's are were more cautious with purchases in the quarter. Price target goes to $26.

bearishFortinet downgraded at Needham

Apr 11, 2013 | 7:15 AM EDT

FTNT was downgraded from Buy to Hold, Needham said. Company cut guidance, based on several issues.

 

Breaking Earnings News

By

Doug Kass

 | Apr 10, 2013 | 4:28 PM EDT
Bed Bath slips, and Fortinet sees dramatic selling.

Columnist Conversation / Market Updates

Easy Money (Part One)
By

Doug Kass

 | May 25, 2013 | 8:45 AM EDT
"It's the lure of easy money. It has a very strong appeal." -Glenn Frey, Smuggler's Blues Investors bor...

SPX cash daily chart
By

Carolyn Boroden

 | May 24, 2013 | 3:24 PM EDT
There is no technical damage on the daily chart of $SPX at this point. Actually this decline is only similar to prior d...
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TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

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