Fortinet Inc (FTNT)

FTNT (NASDAQ:Computer Software & Services)
$25.53
pos +0.41
+1.63%
Today's Range: 25.16 - 25.59 | FTNT Avg Daily Volume: 1,728,800
Last Update: 07/30/14 - 4:00 PM EDT
Volume: 1,041,901
YTD Performance: 33.46%
Open: $25.34
Previous Close: $25.12
52 Week Range: $16.29 - $26.23
Oustanding Shares: 163,069,548
Market Cap: 4,096,307,046
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 13 13 14 14
Moderate Buy 2 2 2 2
Hold 2 3 3 3
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.32 1.42 1.39 1.39
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 114.18
Price Earnings Comparisons:
FTNT Sector Avg. S&P 500
114.18 112.80 28.85
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
16.15% 26.57% 25.64%
GROWTH 12 Mo 3 Yr CAGR
Revenue 15.30 0.89 0.23
Net Income -33.80 0.07 0.02
EPS -34.50 -0.10 -0.03
Earnings for FTNT:
EBITDA 0.10B
Revenue 0.62B
Average Earnings Estimates
Qtr (09/14) Qtr (12/14) FY (12/14) FY (12/15)
Average Estimate $0.05 $0.11 $0.27 $0.38
Number of Analysts 3 3 3 3
High Estimate $0.06 $0.11 $0.28 $0.45
Low Estimate $0.05 $0.10 $0.26 $0.34
Prior Year $0.07 $0.07 $0.26 $0.27
Growth Rate (Year over Year) -23.81% 52.38% 3.85% 40.74%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
By

Christopher Versace

 | Jun 9, 2014 | 12:30 PM EDT

Some big buys and some sales caught my eye.

By

Chris Laudani

 | May 27, 2014 | 9:00 AM EDT

Buy if you have a strong tolerance for risk and high valuation.

bullishFortinet price target raised at Jefferies

Apr 24, 2014 | 8:29 AM EDT

FTNT upped its numbers, Jefferies said. Driven by growth reacceleration with outperformance in service provider sales and traction with enterprise large deal flow. $26 price target and Buy rating. 

By

Christopher Versace

 | Apr 11, 2014 | 10:00 AM EDT

They're the latest group of companies to get hit.

bullishFortinet upgraded at Wells

Apr 2, 2014 | 8:20 AM EDT

FTNT was upgraded from Market Perform to Outperform, Wells Fargo said. Improved refresh cycle and better network security spending could drive higher growth. 

bullishFortinet estimates, target raised at Oppenheimer

Mar 17, 2014 | 8:00 AM EDT

Shares of FTNT now seen reaching $28, according to Oppenheimer. Estimates also increased, following positive channel checks. 

By

Christopher Versace

 | Feb 1, 2014 | 5:00 PM EST

Keep an on eye pain points and evolving demand to find companies well positioned for long-term investing.

bullishFortinet upgraded at JMP

Jan 28, 2014 | 7:51 AM EST

FTNT was upgraded from Market Perform to Outperform, JMP Securities said. $26 price target. Estimates also upped, as growth should accelerate in 2014 and beyond. 

By

Christopher Versace

 | Jan 27, 2014 | 11:00 AM EST

Combating three pressures that could weigh down a portfolio.

bullishFortinet upgraded at Morgan Stanley

Jan 13, 2014 | 7:57 AM EST

FTNT was upgraded to Overweight, Morgan Stanley said. $25 price target. Company should see higher firewall demand and can deliver solid free cash flow growth.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

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.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.