Fortinet Inc (FTNT) concluded trading on Thursday at a closing price of $102.56, with 4.68 million shares of worth about $479.95 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.54% during that period and on May 15, 2025 the price saw a loss of about -0.65%. Currently the company’s common shares owned by public are about 769.20M shares, out of which, 635.52M shares are available for trading.
Stock saw a price change of 4.93% in past 5 days and over the past one month there was a price change of 3.39%. Year-to-date (YTD), FTNT shares are showing a performance of 8.55% which increased to 71.99% 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 5.31 million. The stock is currently trading 0.83% above its 20-day simple moving average (SMA20), while that difference is up 3.92% for SMA50 and it goes to 13.13% higher than SMA200.
Fortinet Inc (NASDAQ: FTNT) currently have 769.20M outstanding shares and institutions hold larger chunk of about 69.77% of that.
The stock has a current market capitalization of $78.50B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 42.21, while it has posted earnings per share of $2.43 in the same period. Its PEG reads 4.20 and has Quick Ratio of 1.29 while making debt-to-equity ratio of 0.51. 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 3.09% while standing at 3.25% over the month.
Stock’s fiscal year EPS is expected to rise by 4.27% while it is estimated to increase by 12.11% in next year. EPS is likely to shrink at an annualized rate of 10.04% 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 BMO Capital Markets on May 08, 2025 offering a Market perform rating for the stock and assigned a target price range of between $122 and $110 to it. Coverage by DZ Bank stated Fortinet Inc (FTNT) stock as a Sell in their note to investors on May 06, 2025, suggesting a price target of $95 for the stock. On April 23, 2025, Roth Capital Initiated their recommendations, while on April 01, 2025, Stephens Initiated their ratings for the stock with a price target of $108. Stock get an Overweight rating from Morgan Stanley on March 18, 2025.
