Fortinet Inc (FTNT) concluded trading on Wednesday at a closing price of $96.07, with 5.68 million shares of worth about $545.45 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.98% during that period and on April 16, 2025 the price saw a loss of about -3.16%. 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 -3.86% in past 5 days and over the past one month there was a price change of -0.87%. Year-to-date (YTD), FTNT shares are showing a performance of 1.68% which increased to 48.42% 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 -0.11% below its 20-day simple moving average (SMA20), while that difference is down -5.42% for SMA50 and it goes to 11.20% higher than SMA200.
Fortinet Inc (NASDAQ: FTNT) currently have 767.00M outstanding shares and institutions hold larger chunk of about 68.66% of that.
The stock has a current market capitalization of $73.88B and its 3Y-monthly beta is at 1.16. PE ratio of stock for trailing 12 months is 42.51, 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 3.96% while standing at 4.32% over the month.
Stock’s fiscal year EPS is expected to rise by 3.51% while it is estimated to increase by 12.25% 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 Stephens on April 01, 2025 offering an Equal-weight rating for the stock and assigned a target price of $108 to it. On February 26, 2025, Deutsche Bank Resumed their recommendations, while on February 03, 2025, Robert W. Baird Downgrade their ratings for the stock with a price target of $112. Stock get a Mkt perform rating from Raymond James on January 14, 2025.
