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Ticker:
Fortinet Inc (FTNT) NAS
Overview

$60.73 5/15/2024

Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 700,000 customers across the world. (https://www.fortinet.com)

Prev Day Close:   $60.73   52-week High/Low:   $44.12 - $81.24
P/E (TTM):   41.6   Volume:   3,541,144
EPS (TTM):   1.5   3-month Avg Vol:   5,473,031
Div & Yield:     Size:   $5,304.8 M (Mid)
Insiders:   9.2%   Market Cap:   $47,867.4 M (Large-cap)
Institutional:   69.0%   Sector:   Technology
Beta:   1.1   Industry:   Software - Infrastructure

Reasons to Buy
  • Sales growth is very predictable.
  • Sales have grown historically at 23.1%.
  • Earnings have grown historically at 73.5%.
  • Recent sales growth has been 20.1%.
  • Recent earnings growth has been 26.4%.
  • Profit margins are trending up or are steady.
  • Return on Equity is strong.
  
Items to Check
  • Earnings growth is unpredictable.
  • Investor interest has cooled. There may be a valid reason.
  • The Current Price of $60.73 is about $15.37 too high.
  • The potential total annual return is only about 8.39%.
  • At 33.10%, the Risk Index shows the risk to be too great.
Evaluation Summary
  • Fortinet Inc may not meet your standards for quality at this time.