Fortinet Inc (FTNT) concluded trading on Wednesday at a closing price of $106.72, with 6.6 million shares of worth about $704.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 35.43% during that period and on May 07, 2025 the price saw a loss of about -0.39%. Currently the company’s common shares owned by public are about 767.00M shares, out of which, 638.48M shares are available for trading.
Stock saw a price change of 2.85% in past 5 days and over the past one month there was a price change of 21.27%. Year-to-date (YTD), FTNT shares are showing a performance of 12.96% which increased to 81.25% 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 5.12 million. The stock is currently trading 6.06% above its 20-day simple moving average (SMA20), while that difference is up 7.35% for SMA50 and it goes to 19.45% higher than SMA200.
Fortinet Inc (NASDAQ: FTNT) currently have 767.00M outstanding shares and institutions hold larger chunk of about 69.19% of that.
The stock has a current market capitalization of $82.06B and its 3Y-monthly beta is at 1.11. PE ratio of stock for trailing 12 months is 47.22, while it has posted earnings per share of $2.26 in the same period. Its PEG reads 5.06 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 2.71% while standing at 3.93% over the month.
Stock’s fiscal year EPS is expected to rise by 3.36% while it is estimated to increase by 12.58% in next year. EPS is likely to shrink at an annualized rate of 9.34% for next 5-years, compared to annual growth of 42.92% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DZ Bank on May 06, 2025 offering a Sell rating for the stock and assigned a target price of $95 to it. Coverage by Roth Capital stated Fortinet Inc (FTNT) stock as a Neutral in their note to investors on April 23, 2025, suggesting a price target of $103 for the stock. Stock get a Buy rating from Deutsche Bank on February 26, 2025.
