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Fortinet Inc

FTNT | US

82.87

USD

0.40

0.48%

FTNT | US

About Fortinet Inc

Sector

Technology

Industry

Software-Application

Earnings date

30/06/2024

As of date

11/10/2024

Close

82.87

Open

82.44

High

83.04

Low

81.92

Fortinet Inc. provides cybersecurity and networking solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions including firewall intrusion prevention anti-malware virtual private network application control web filtering anti-spam and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family which provides secure wireless networking solutions; FortiExtender a hardware appliance; FortiAnalyzer product family which offers centralized network logging analyzing and reporting solutions; and FortiManager product family that provides centralized network logging analyzing and reporting solutions. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware behavior-based exploit protection web-filtering and an application firewall; FortiAuthenticator a zero trust access solution; FortiGate VM a network firewall virtual appliance; FortiToken product family for multi-factor authentication to safeguard systems assets and data; and FortiEDR/XDR an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. It provides security subscription technical support professional and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications technology government financial services education retail manufacturing and healthcare industries. It has strategic alliance with Linksys. The company was incorporated in 2000 and is headquartered in Sunnyvale California.

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FTNT | US

Risk
22.1
Sharpe
0.87
Luna's Score
63/100
Recommendation
Hold

Luna says (FTNT | US)

What's Working

Positive Momentum

Largecap (10B - 200B USD)

Low Debt to Asset (< 0.2)

Strong Operating Margin (> 25%)

Strong Revenue Growth (> 10%)

What's not Working

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Rich in Valuation (Price to Book > 8)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

22.4%

1 month

22.1%

3 months

53.3%

6 months

43.8%

Returns

Fundamental Ratios

PE

46.16

Fwd. PE

33.90

Price to book

207.04

Debt to equity

3.45

Debt to assets

0.12

Ent. to EBITDA

33.83

Ent. to rev.

10.35

PEG

1.64

Other Fundamentals

EBITDA

1.56B

MarketCap

63.39B

MarketCap(USD)

63.39B

Div. yield

-

Op. margin

30.40

Erngs. growth

48.50

Rev. growth

10.90

Ret. on equity

43.09

Short ratio

3.25

Short perc.

2.30

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

7.04

Range1M

9.75

Range3M

28.47

Volumes: Market Activity

Rel. volume

0.67

Price X volume

245.81M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Emerson Electric CoEMRDiversified Industrials112.0664.10B1.06%37.6551.76%
Workday IncWDAYSoftware-Application240.963.84B-1.74%41.8640.31%
Autodesk IncADSKSoftware-Application281.6760.70B1.43%55.57105.21%
Roper Technologies IncROPDiversified Industrials551.5559.13B2.24%40.6640.93%
The Trade Desk IncTTDSoftware-Application117.958.15B1.89%221.5710.99%
Fair Isaac CorporationFICOSoftware-Infrastructure203150.38B2.34%101.02-259.42%
Atlassian Corporation PlcTEAMSoftware-Application187.0648.64B1.66%n/a120.96%
Cummins IncCMIDiversified Industrials336.0746.06B0.97%23.7583.42%
MicroStrategy IncorporatedMSTRSoftware-Application212.5943.08B15.95%n/a137.75%
Square IncSQSoftware-Application69.742.91B-0.46%62.0633.28%
  • 1

Diversifiers

Name
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Industry
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Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
TE Connectivity LtdTELElectronic Components147.5144.83B0.77%13.0233.26%
Corning IncorporatedGLWElectronic Components46.4639.76B0.96%88.0077.44%
Live Nation Entertainment IncLYVMedia - Diversified114.8126.65B1.88%100.79-18562.20%
Hubbell IncorporatedHUBBElectronic Components456.5724.51B2.96%31.7470.46%
Twenty-First Century Fox IncFOXAMedia - Diversified41.3918.22B0.10%13.3676.09%
Twenty-First Century Fox IncFOXMedia - Diversified3818.14B-0.13%12.3176.09%
nVent Electric plcNVTElectronic Components72.8712.11B1.11%20.3757.48%
Acuity Brands IncAYIElectronic Components3089.48B2.81%22.8320.86%
Dolby Laboratories IncDLBMedia - Diversified74.067.06B1.06%34.730.00%
Impinj IncPIElectronic Components235.656.63B1.70%779.79251.07%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA33.8337.87Par
Ent. to Revenue10.355.77Expensive
PE Ratio46.1648.80Par
Price to Book207.049.34Expensive
Dividend Yield-2.44-
Std. Deviation (3M)53.3557.74Par
Debt to Equity3.450.81Expensive
Debt to Assets0.120.21Cheaper
Market Cap63.39B15.15BMarket Leader
  • 1

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