Value Investing Philosophy And Fortinet Inc (NASDAQ: FTNT)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

FTNT belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Fortinet Inc is $74.74B. A total of 3.82 million shares were traded on the day, compared to an average of 4.53M shares.

In the most recent transaction, NEUKOM WILLIAM H. bought 355 shares of FTNT for 98.50 per share on Dec 06 ’24. After the transaction, the Director now owns 150,245 company shares. In a previous transaction on Nov 26 ’24, Jensen Keith sold 17,650 shares at 95.66 per share. FTNT shares that Chief Financial Officer owns now total 4,689.

Among the insiders who sold shares, Jensen Keith disposed of 4,250 shares on Nov 19 ’24 at a per-share price of $90.83. This resulted in the Chief Financial Officer holding 4,689 shares of FTNT after the transaction. In another insider transaction, KEITH JENSEN bought 21,900 shares at $91.88 per share on Nov 19 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, FTNT has a high of $100.59 and a low of $54.57.

As of this writing, FTNT has an earnings estimate of $0.61 per share for the current quarter. EPS was calculated based on a consensus of 36.0 estimates, with a high estimate of $0.64 per share and a lower estimate of $0.58.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FTNT’s latest balance sheet shows that the firm has $2.55B in Cash & Short Term Investments as of fiscal 2021. There were $988.40M in debt and $2.32B in liabilities at the time. Its Book Value Per Share was $1.19, while its Total Shareholder’s Equity was $798.40M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FTNT is Buy with a score of 3.62.

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