Fortinet Stock Filter Stocks by Fundamentals
FTNT Stock | USD 65.45 0.65 1.00% |
Fortinet fundamentals help investors to digest information that contributes to Fortinet's financial success or failures. It also enables traders to predict the movement of Fortinet Stock. The fundamental analysis module provides a way to measure Fortinet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fortinet stock.
Fortinet | Shares Owned by Institutions |
Fortinet ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortinet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortinet's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Fortinet Institutional Holders
Institutional Holdings refers to the ownership stake in Fortinet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fortinet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fortinet's value.Shares | Legal & General Group Plc | 2023-12-31 | 7 M | Northern Trust Corp | 2023-12-31 | 6.3 M | Arrowstreet Capital Limited Partnership | 2023-12-31 | 6 M | T. Rowe Price Investment Management,inc. | 2023-12-31 | 5.6 M | Ing Investment Management Llc | 2023-12-31 | 5.4 M | First Trust Advisors L.p. | 2023-12-31 | 5.3 M | Two Sigma Advisers, Llc | 2023-12-31 | 5.2 M | Ameriprise Financial Inc | 2023-12-31 | 5.1 M | Renaissance Technologies Corp | 2023-12-31 | 5.1 M | Vanguard Group Inc | 2023-12-31 | 67.3 M | Blackrock Inc | 2023-12-31 | 54.2 M |
Fortinet Fundamentals
Return On Equity | 0.79 | ||||
Return On Asset | 0.11 | ||||
Profit Margin | 0.22 % | ||||
Operating Margin | 0.27 % | ||||
Current Valuation | 48.08 B | ||||
Shares Outstanding | 763.03 M | ||||
Shares Owned By Insiders | 16.27 % | ||||
Shares Owned By Institutions | 70.03 % | ||||
Number Of Shares Shorted | 13.19 M | ||||
Price To Earning | 58.79 X | ||||
Price To Book | 699.20 X | ||||
Price To Sales | 9.56 X | ||||
Revenue | 5.3 B | ||||
Gross Profit | 3.33 B | ||||
EBITDA | 1.24 B | ||||
Net Income | 1.15 B | ||||
Cash And Equivalents | 1.73 B | ||||
Cash Per Share | 2.21 X | ||||
Total Debt | 1.07 B | ||||
Debt To Equity | 4.24 % | ||||
Current Ratio | 1.07 X | ||||
Book Value Per Share | (0.61) X | ||||
Cash Flow From Operations | 1.94 B | ||||
Short Ratio | 2.82 X | ||||
Earnings Per Share | 1.46 X | ||||
Price To Earnings To Growth | 1.79 X | ||||
Target Price | 75.47 | ||||
Number Of Employees | 13.57 K | ||||
Beta | 1.07 | ||||
Market Capitalization | 49.44 B | ||||
Total Asset | 7.26 B | ||||
Retained Earnings | (1.86 B) | ||||
Working Capital | 709.3 M | ||||
Current Asset | 1.27 B | ||||
Current Liabilities | 678.67 M | ||||
Net Asset | 7.26 B |
About Fortinet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortinet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortinet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortinet based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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Try AI Portfolio ArchitectCheck out Fortinet Piotroski F Score and Fortinet Altman Z Score analysis. For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Fortinet Stock analysis
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.