William Neukom - Fortinet Independent Director

FTNT Stock  USD 65.45  0.65  1.00%   

Director

Mr. William Neukom is the Lead Independent Director of Fortinet Inc. Mr. Neukom has served as a member of our Board of Directors since January 2013 and has served as our Lead Independent Director since April 2018. Mr. Neukom is the Founder and Chief Executive Officer of the World Justice Project, an organization devoted to promoting the rule of law throughout the world. He is a retired partner in the Seattle office of the international law firm KL Gates LLP and is a lecturer at Stanford Law School, where he teaches a seminar on the rule of law. He is a member of the Deans Council at Stanford Law School and was its chair from 2012 to 2015. Mr. Neukom was the Chief Executive Officer of the San Francisco Giants major league baseball team from 2008 to 2011, and served as its Chairman Emeritus during 2012. He is a trustee emeritus of Dartmouth College, having served as chair of the board from 2004 to 2007, and was president of the American Bar Association from 2007 to 2008. Mr. Neukom was previously the lead lawyer for Microsoft Corporation for nearly 25 years, managing its legal, government affairs and philanthropic activities. He retired from Microsoft as its Executive Vice President of Law and Corporationrationrate Affairs in 2002, when he returned to Preston, Gates Ellis LLP and served as the firms chairman from 2003 until its merger with Kirkpatrick Lockhart Nicholson Graham LLP in 2007. Mr. Neukom also serves on the board of several notforprofit organizations. Mr. Neukom earned an A.B. from Dartmouth College and an LL.B. from Stanford University. since 2018.
Age 76
Tenure 6 years
Address 909 Kifer Road, Sunnyvale, CA, United States, 94086
Phone408 235 7700
Webhttps://www.fortinet.com

Fortinet Management Efficiency

The company has return on total asset (ROA) of 0.1146 % which means that it generated a profit of $0.1146 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.7899 %, meaning that it created $0.7899 on every $100 dollars invested by stockholders. Fortinet's management efficiency ratios could be used to measure how well Fortinet manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Fortinet's Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.37 in 2024, despite the fact that Return On Equity is likely to grow to (2.35). At this time, Fortinet's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 7.6 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 92.3 M in 2024.
The company currently holds 1.07 B in liabilities with Debt to Equity (D/E) ratio of 4.24, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Fortinet has a current ratio of 1.05, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist Fortinet until it has trouble settling it off, either with new capital or with free cash flow. So, Fortinet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortinet sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortinet to invest in growth at high rates of return. When we think about Fortinet's use of debt, we should always consider it together with cash and equity.

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Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California. Fortinet operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 12091 people. Fortinet (FTNT) is traded on NASDAQ Exchange in USA. It is located in 909 Kifer Road, Sunnyvale, CA, United States, 94086 and employs 13,568 people. Fortinet is listed under Systems Software category by Fama And French industry classification.

Management Performance

Fortinet Leadership Team

Elected by the shareholders, the Fortinet's board of directors comprises two types of representatives: Fortinet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortinet. The board's role is to monitor Fortinet's management team and ensure that shareholders' interests are well served. Fortinet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortinet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrice Perche, Senior Executive Vice President Worldwide Sales and Support
Peter Cohen, Director
Andrew Matto, CFO
Ming Hsieh, Independent Director
John Whittle, VP of Corporate Devel. and Strategic Alliances and General Counsel
Chenming Hu, Independent Director
Michelle Spolver, VP of Corporate Communications and Investor Relations
Keith Jensen, Chief Accounting Officer, VP of Fin. and Corporate Controller
Christopher Paisley, Lead Independent Director
Lisa McGill, Senior Vice President of People
Judith Sim, Director
Ana Pease, VP Operations
Joe Sarno, Executive Sales
Ken Xie, Co-Founder, Chairman and CEO
Chris Perna, Vice Acquisition
Matthew Pley, Executive Sales
Holly Rollo, Chief Marketing Officer
Michael Xie, Co-Founder and President CTO and Director
John Maddison, Senior Vice President of Products and Solutions
Peter Salkowski, Senior Relations
Robert May, Executive Management
William Neukom, Independent Director
Christiane Ohlgart, Chief Officer
Gary Locke, Director
Pedro Paixao, Pres America

Fortinet Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fortinet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Fortinet Investors Sentiment

The influence of Fortinet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fortinet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fortinet's public news can be used to forecast risks associated with an investment in Fortinet. The trend in average sentiment can be used to explain how an investor holding Fortinet can time the market purely based on public headlines and social activities around Fortinet. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fortinet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fortinet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fortinet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fortinet.

Fortinet Implied Volatility

    
  47.64  
Fortinet's implied volatility exposes the market's sentiment of Fortinet stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fortinet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Fortinet stock will not fluctuate a lot when Fortinet's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortinet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortinet's short interest history, or implied volatility extrapolated from Fortinet options trading.

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When determining whether Fortinet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortinet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortinet Stock. Highlighted below are key reports to facilitate an investment decision about Fortinet Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.
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Is Fortinet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortinet. If investors know Fortinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.035
Earnings Share
1.46
Revenue Per Share
6.813
Quarterly Revenue Growth
0.103
Return On Assets
0.1146
The market value of Fortinet is measured differently than its book value, which is the value of Fortinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fortinet's value that differs from its market value or its book value, called intrinsic value, which is Fortinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortinet's market value can be influenced by many factors that don't directly affect Fortinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.