Fortinet, Inc. (FTNT)

Last Price: 117.28 (2020-09-18)

Company Description

Fortinet, Inc., headquartered in Sunnyvale, California, is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking, antivirus, intrusion prevention, Web filtering, antispam and wide area network acceleration. Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solution incorporates the application-specific integrated circuits, hardware architecture, operating system, and set of associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance. Its flagship UTM solution consists of FortiGate appliance product line and FortiGuard security subscription services.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $2.16B
Net Income (Most Recent Fiscal Year) $326.50M
PE Ratio (Current Year Earnings Estimate) 52.91
PE Ratio (Trailing 12 Months) 54.15
PEG Ratio (Long Term Growth Estimate) 3.78
Price to Sales Ratio (Trailing 12 Months) 7.93
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 34.28
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 39.60
Pre-Tax Margin (Trailing 12 Months) 20.04%
Net Margin (Trailing 12 Months) 17.46%
Return on Equity (Trailing 12 Months) 40.58%
Return on Assets (Trailing 12 Months) 10.47%
Current Ratio (Most Recent Fiscal Quarter) 1.37
Quick Ratio (Most Recent Fiscal Quarter) 1.29
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) 4.72
Book Value per Share (Most Recent Fiscal Quarter) $7.73
Earnings per Share (Most Recent Fiscal Quarter) $0.58
Earnings per Share (Most Recent Fiscal Year) $1.91
Diluted Earnings per Share (Trailing 12 Months) $2.40
Stock
Exchange NASDAQ
Sector Technology
Industry Software - Infrastructure
Common Shares Outstanding 161.83M
Free Float 134.00M
Market Capitalization $18.67B
Average Volume (Last 20 Days) 1.27M
Beta (Past 60 Months) 0.85
Percentage Held By Insiders (Latest Annual Proxy Report) 17.20%
Percentage Held By Institutions (Latest 13F Reports) 68.37%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%