|Bid||54.00 x 400|
|Ask||59.00 x 800|
|Day's range||54.00 - 54.73|
|52-week range||35.44 - 54.97|
|PE ratio (TTM)||300.00|
|Earnings date||25 Apr 2018 - 30 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||50.96|
Fortinet (FTNT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Zacks Analyst Blog Highlights: Hewlett Packard, Broadridge Financial, Conduent, Salesforce.com and Fortinet
Investors next week should get fresh data on how corporate spending on cyber-security technology is shaping up in 2018.
Cisco Systems (CSCO) is considered a market leader in the worldwide security appliance market with a 16% share. The other top players are Palo Alto Networks (PANW), Check Point Software Technologies (CHKP), Fortinet (FTNT), and Symantec (SYMC) with shares of 14%, 12.6%, 10.6%, and 4.6%, respectively. Cisco’s Security business generated revenue of $2.2 billion in fiscal 2017, a rise of 9% YoY (year-over-year) compared to $2 billion in fiscal 2016.
In a stock market correction, look for top-rated names that are holding up well, like Nvidia, Bank of America, Mastercard, TD Ameritrade, Fortinet.
Cyber-security provider Proofpoint reported adjusted fourth-quarter earnings that topped views while March-quarter profit guidance was light.
The Sunnyvale, California-based company said it had a loss of 17 cents per share. Earnings, adjusted for pretax expenses and stock option expense, came to 32 cents per share. The results exceeded Wall ...
Fortinet Inc. shares rose in the extended session Monday after the company beat fourth-quarter earnings and revenue expectations. The cybersecurity company's shares gained 2.5% to $43.83 after hours. The ...
Fortinet reported fourth quarter EPS and revenue that topped views while its March quarter profit outlook missed analyst estimates.
Fortinet, Palo Alto Networks, and Check Point Software will be protecting data for years to come, and demand for their services is only growing.
Organizations have been breaking the cybersecurity investment plans into phases, which may hurt Fortinet's (FTNT) Q4 revenue growth rate. The impact of the same will trickle down to the bottom line.
Shares of Palo Alto Networks Inc. are up 2.4% in Tuesday morning trading after analysts at Deutsche Bank upgraded the stock to buy, while shares of Fortinet are down 2% following a downgrade to hold. Deutsche ...
“Connected vehicles are the next major technology innovation disrupting the automotive industry. With 3D mapping, sensor processing, smart device integration, cloud-based services, advanced LAN/CAN networks, and autonomous driving defining the connected car of the future, the cyber risks are enormous. And with IoT devices connecting to the car network to access content and applications, the attack surface is even larger. Integrated security is paramount for the safety and consumer confidence in the connected car. Fortinet is extending its global leadership in network security to the automotive industry as manufacturers begin to develop vehicles that require automated security with real-time threat intelligence and strategic segmentation to protect the car’s complex architecture.
If the cybersecurity provider can address a couple of shortcomings, it could prove to be a growth investor's dream stock.
SUNNYVALE, Calif., Jan. 02, 2018 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT) -- a global leader in broad, integrated and automated cybersecurity solutions, today announced that it will hold a conference call to discuss its fourth quarter and full year 2017 financial results on Monday, February 5 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call can be accessed by dialing (877) 303-6913 (domestic) or (224) 357-2188 (international) with conference ID #1373759. ...