Fortinet Inc (FTNT) concluded trading on Thursday at a closing price of $98.45, with 4.25 million shares of worth about $418.26 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 30.21% during that period and on March 20, 2025 the price saw a gain of about 0.29%. Currently the company’s common shares owned by public are about 767.00M shares, out of which, 638.44M shares are available for trading.
Stock saw a price change of 5.38% in past 5 days and over the past one month there was a price change of -14.07%. Year-to-date (YTD), FTNT shares are showing a performance of 4.20% which increased to 45.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $54.57 but also hit the highest price of $114.82 during that period. The average intraday trading volume for Fortinet Inc shares is 4.59 million. The stock is currently trading -3.76% below its 20-day simple moving average (SMA20), while that difference is down -3.46% for SMA50 and it goes to 18.73% higher than SMA200.
Fortinet Inc (NASDAQ: FTNT) currently have 767.00M outstanding shares and institutions hold larger chunk of about 68.47% of that.
The stock has a current market capitalization of $75.71B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 43.56, while it has posted earnings per share of $2.26 in the same period. Its PEG reads 4.55 and has Quick Ratio of 1.39 while making debt-to-equity ratio of 0.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FTNT, volatility over the week remained 2.44% while standing at 3.38% over the month.
Stock’s fiscal year EPS is expected to rise by 3.72% while it is estimated to increase by 12.19% in next year. EPS is likely to shrink at an annualized rate of 9.57% for next 5-years, compared to annual growth of 42.92% made by the stock over the past 5-years.
Stock get an Overweight rating from Piper Sandler on January 06, 2025.
