Fortinet, Inc. Share Price and Company Fundamentals



Price
$288.65
Change
-16.340 (-5.358%)
52 week
143.63 - 371.77

Last traded: Last Friday at 9:00 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. The company 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. The company was founded in 2000 and is headquartered in Sunnyvale, California.

Key Metrics

PE ratio

100.19

PB ratio

48.64

Dividend yield

Beta

1.15

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSoftware—Infrastructure / Technology
Full time employees9700
Websitehttps://www.fortinet.com
Mailing address899 Kifer Road Sunnyvale CA 94086 United States
Phone / Fax408 235 7700 / 408 235 7737

Dividends

Fortinet, Inc. does not pay dividends.

Company Executives

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

NameTitleAgeTotal Pay
Mr. Ken XieFounder, Chairman & CEO581.78M
Mr. Michael XieFounder, Pres, CTO & Director52788.09k
Mr. Keith F. JensenCFO & Chief Accounting Officer62896.33k
Mr. John WhittleExec. VP of Corp. Devel. & Strategic Alliances, Gen. Counsel and Corp. Sec.52664.94k
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 Officer
Ms. Sandra WheatleySr. VP of Marketing, Threat Intelligence & Influencer Communications

Profitability and management effectiveness

Profit margin

17.73%

Operating margin

19.20%

Return on assets

7.85%

Return on equity

60.00%

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 1.15 making it 15% 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 $288.65.

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.