FTNT Stock Forecast, Price Targets, Chart, Dividends & Analysis
Fortinet Inc.
FTNT 
NGS
Sector: Technology
Industry: Software - Application
94.02
USD
1.57
(1.70%)
Previous close: 92.45 Open: 93.0 Bid: 94.0 Ask: 94.9
52 week range
50.65 100.59
Mkt Cap: 69,586 M Avg Vol (90 Days): 4,554,544
Last updated: Friday 22nd November 2024
Metrics
Valuation
Price per Sales TTM ($) | 12.64 |
Price per Book TTM ($) | 77.55 |
PE Ratio (TTM) | 47.58 |
Book Value per Share ($) | 0.38 |
5 Year PE Range | NA , NA |
Returns
7 Day Return | -0.47% | |
1 Month Return | 14.05% | |
3 Month Return | 25.81% | |
1 Year Return | 77.50% | |
3 Year Return | 42.11% | |
5 Year Return | 347.12% | |
YTD Return | 60.64% |
Risk
Analyst Estimates
Financial Health
Technicals
RSI (14 Day) | 65.27 |
14 Day SMA ($) | 90.38 |
14 Day EMA ($) | 90.60 |
Money Flow Index | 39.67 |
Average True Range | 2.76 |
50 Day SMA ($) | 82.10 |
200 Day SMA ($) | 69.47 |
ADX | 40.39 |
MACD | -1.75 |
Growth
Free Cash Flow QoQ Growth | 0.00% |
Free Cash Flow YoY Growth | 0.00% |
Revenue YoY Growth | 0.00% |
EPS QoQ Growth | 0.00% |
Revenue QoQ Growth | 0.00% |
EPS YoY Growth | 0.00% |
Profitability
Financials
FTNT Income Statement
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Amortization of intangibles | 125 M | 128 M | 127 M | |||||||
| Basic EPS from continuing operations | 0.03 | 0.01 | 0.04 | 0.04 | 0.4 | 0.38 | 0.12 | 0.74 | 1.08 | 1.47 |
| Basic EPS total | 0.03 | 0.01 | 0.04 | 0.04 | 0.39 | 0.38 | 0.6 | 0.74 | 1.08 | 1.47 |
| Basic weighted shares outstanding | 819 M | 852 M | 863 M | 872 M | 846 M | 855 M | 821 M | 816 M | 791 M | 779 M |
| Cost of sales | 231 M | 287 M | -338 M | 385 M | 450 M | 506 M | 570 M | 783 M | 1,085 M | 1,237 M |
| Depreciation | 66 M | 81 M | 95 M | |||||||
| DepreciationAndAmortization | 66 M | 81 M | 95 M | |||||||
| Diluted EPS total | 0.03 | 0.01 | 0.04 | 0.04 | 0.38 | 0.37 | 0.58 | 0.73 | 1.06 | 1.46 |
| Diluted normalized net income/share | 0.03 | 0.01 | 0.04 | 0.04 | 0.38 | 0.37 | 0.12 | 0.73 | 1.06 | 1.46 |
| Diluted weighted shares outstanding | 846 M | 881 M | 882 M | 890 M | 871 M | 875 M | 839 M | 836 M | 805 M | 788 M |
| Earnings from equity interest | -8 M | -68 M | -42 M | |||||||
| EarningsFromEquityInterestNetOfTax | -8 M | -68 M | -42 M | |||||||
| GainOnSaleOfSecurity | 5 M | 17 M | 120 M | |||||||
| GeneralAndAdministrativeExpense | 41 M | 72 M | -81 M | 88 M | 93 M | 102 M | 120 M | 144 M | 169 M | 211 M |
| Gross operating profit | 539 M | 722 M | 938 M | 1,110 M | 1,354 M | 1,657 M | 2,024 M | 2,559 M | 3,333 M | 4,068 M |
| Income before tax | 62 M | 17 M | 43 M | 124 M | 254 M | 386 M | 542 M | 628 M | 956 M | 1,334 M |
| Income restructuring and M&A | -32 M | 8 M | 4 M | 300000.0 | ||||||
| Income taxes | 36 M | 9 M | -11 M | 93 M | 81 M | 54 M | 53 M | 14 M | 31 M | 144 M |
| Interest income | 5 M | 5 M | 7 M | 14 M | 27 M | 43 M | 18 M | |||
| InterestExpenseNonOperating | 15 M | 18 M | 21 M | |||||||
| InterestExpenseOperating | -8 M | -16 M | -16 M | |||||||
| MinorityInterests | 100000.0 | 700000.0 | ||||||||
| MiscOtherSpecialCharges | -3 M | -3 M | -7 M | 700000.0 | -7 M | -7 M | -8 M | -12 M | -13 M | -6 M |
| Net income from total operations | 25 M | 8 M | 32 M | 31 M | 332 M | 332 M | 489 M | 607 M | 857 M | 1,148 M |
| NetIncomeCommonStockholders | 25 M | 8 M | 32 M | 31 M | 335 M | 332 M | 489 M | 607 M | 857 M | 1,148 M |
| NetIncomeContinuousOperations | 25 M | 8 M | 32 M | 31 M | 332 M | 332 M | 489 M | 607 M | 857 M | 1,148 M |
| NetNonOperatingInterestIncomeExpense | 5 M | 5 M | 7 M | 14 M | 27 M | 43 M | 18 M | -15 M | 600000.0 | -99 M |
| Normalized income | 8 M | 19 M | 36 M | 81 M | 201 M | 305 M | 468 M | 1,054 M | ||
| Operating income | 59 M | 22 M | 47 M | 110 M | 234 M | 351 M | 492 M | 650 M | 970 M | 1,241 M |
| Operating income before depreciation (EBITDA) | 92 M | 56 M | 96 M | 182 M | 306 M | 442 M | 611 M | 728 M | 1,078 M | 1,468 M |
| OperatingExpense | 480 M | -700 M | -891 M | -999 M | 1,120 M | 1,306 M | -1,533 M | 1,909 M | 2,368 M | 2,831 M |
| Other income net | 3 M | 11 M | 11 M | -400000.0 | 7 M | 8 M | -32 M | 15 M | -9 M | -1 M |
| Other special charges | 40 M | |||||||||
| OtherGandA | 41 M | 72 M | -81 M | 88 M | 93 M | 102 M | 120 M | 144 M | 169 M | 211 M |
| OtherOperatingExpenses | 5 M | 5 M | 5 M | |||||||
| Research & development expense | 123 M | 158 M | -183 M | 211 M | 245 M | 277 M | 341 M | 424 M | 512 M | 614 M |
| ResearchExpense | 424 M | 512 M | 614 M | |||||||
| RestructringAndMnAIncome | -32 M | 8 M | 4 M | 300000.0 | ||||||
| Revenue per share | 301 M | 351 M | 393 M | |||||||
| Selling Gen & administrative expense | 357 M | 542 M | 708 M | 789 M | 875 M | 1,029 M | 1,191 M | 1,489 M | 1,855 M | 2,217 M |
| SellingAndMarketingExpense | 316 M | 470 M | 627 M | 701 M | 782 M | 927 M | 1,072 M | 1,346 M | 1,686 M | 2,006 M |
| Special income/charges | -8 M | -4 M | -300000.0 | 40 M | ||||||
| Total Income available for interest expense (EBIT) | 62 M | 17 M | 43 M | 124 M | 251 M | 386 M | 542 M | 643 M | 974 M | 1,355 M |
| Total common shares outstanding | 844 M | 858 M | 877 M | 840 M | 853 M | 863 M | 816 M | 804 M | 784 M | 763 M |
| Total net income | 25 M | 8 M | 32 M | 31 M | 332 M | 332 M | 489 M | 607 M | 857 M | 1,148 M |
| Total ordinary shares | 765 M | 765 M | 765 M | 765 M | 765 M | 765 M | 765 M | 765 M | 765 M | 765 M |
| Total revenues | 770 M | 1,009 M | 1,275 M | 1,495 M | 1,805 M | 2,163 M | 2,594 M | 3,342 M | 4,417 M | 5,305 M |
| TotalExpenses | 711 M | 994 M | 1,232 M | 1,385 M | 1,570 M | 1,812 M | 2,063 M | 2,692 M | 3,452 M | 4,068 M |
| TotalRevenue | 770 M | 1,009 M | 1,275 M | 1,495 M | 1,805 M | 2,163 M | 2,594 M | 3,342 M | 4,417 M | 5,305 M |
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