More and more people are talking about Fortinet over the last few weeks. Is it worth buying the stock at a price of $57.41? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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Fortinet has moved 8.0% over the last year, and the S&P 500 logged a change of 10.0%
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FTNT has an average analyst rating of buy and is -27.9% away from its mean target price of $79.63 per share
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Its trailing earnings per share (EPS) is $1.18
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Fortinet has a trailing 12 month Price to Earnings (P/E) ratio of 48.7
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Its forward earnings per share (EPS) is $1.74 and its forward P/E ratio is 33.0
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The company has a Price to Book (P/B) ratio of 140.37
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Fortinet is part of the Technology sector
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FTNT has reported YOY quarterly earnings growth of 57.1% and gross profit margins of 0.8%
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The company has a free cash flow of $1.58 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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Fortinet, Inc. provides cybersecurity and networking solutions worldwide. 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.