Fortinet, Inc. Share Price and Company Fundamentals



Price
$53.59
Change
0.910 (1.727%)
52 week
47.37 - 74.354

Last traded: Yesterday at 8:00 PM

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Key Metrics

PE ratio

65.67

PB ratio

-

Dividend yield

0.00%

Beta

1.20

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSoftware—Infrastructure / Technology
Full time employees11508
Websitehttps://www.fortinet.com
Mailing address899 Kifer Road Sunnyvale CA 94086 United States
Phone / Fax408 235 7700 / 408 235 7737

Dividends

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Fortinet, Inc. paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.FTNT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

FTNT's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Fortinet, Inc..

NameTitleAgeTotal Pay
Mr. Ken XieFounder, Chairman & CEO581.82M
Mr. Michael XieFounder, Pres, CTO & Director52802.67k
Mr. Keith F. JensenCFO & Chief Accounting Officer62926.34k
Mr. John WhittleEVP of Corp. Devel., Chief Legal Officer & Corp. Sec.52758.17k
Ms. Ana PeaseVP of Talent Management & Operations
Mr. Peter M. SalkowskiVP of Investor Relations
Mr. John MaddisonChief Marketing Officer & Exec. VP of Products
Mr. Chris PernaVP of Talent Acquisition
Mr. Patrice PercheExec. VP of Support & Chief Revenue Officer59
Pedro PaixaoPres for Latin America and Gen. Mang. for Latin America

Profitability and management effectiveness

Profit margin

17.66%

Operating margin

18.95%

Return on assets

8.33%

Return on equity

200.92%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Fortinet, Inc. is and its enterprise value is .

The FTNT's stocks Beta value is 1.20 making it 20% more volatile compared to NASDAQ market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Fortinet, Inc. (NASDAQ:FTNT) Frequently Asked Questions

1. What is Fortinet, Inc.'s Stock Symbol?

Fortinet, Inc. trades on NASDAQ under the ticker symbol "FTNT".

2. What is Fortinet, Inc.'s stock price today?

One share of FTNT stock can currently be purchased for approximately $53.59.

3. How can I contact Fortinet, Inc.?

Fortinet, Inc.'s mailing address is 899 Kifer Road Sunnyvale CA 94086 United States. The company can be reached via phone at 408 235 7700.

4. What is Fortinet, Inc.'s official website?

The official website of Fortinet, Inc. is https://www.fortinet.com.