FTNT - Fortinet, Inc.
76.56 0.00 (0.00%)
After hours: 4:36PM EDT
| Previous Close | 78.91 |
| Open | 78.77 |
| Bid | 76.56 x 900 |
| Ask | 76.60 x 800 |
| Day's Range | 75.76 - 78.78 |
| 52 Week Range | 64.41 - 96.96 |
| Volume | 1,329,831 |
| Avg. Volume | 1,364,581 |
| Market Cap | 13.09B |
| Beta (3Y Monthly) | 1.31 |
| PE Ratio (TTM) | 36.04 |
| EPS (TTM) | 2.12 |
| Earnings Date | Oct 31, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 94.52 |
- Insider Monkey
Should You Buy Fortinet Inc (FTNT)?
The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]
- Investor's Business Daily
Turn Nonstop Attacks To Billions? Fortinet CEO Xie Shows You How
Fortinet CEO Ken Xie isn't annoyed by the constant change in cyberattacks. He learns from and profits from them again and again.
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Symantec Boosts Endpoint Security Portfolio With New Upgrade
Symantec's (SYMC) Endpoint Security solution features capabilities like new attack surface reduction, threat hunting, and breach analysis and prevention, to cater to the growing need for comprehensive enterprise security.
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Fortinet (FTNT) Gains As Market Dips: What You Should Know
Fortinet (FTNT) closed at $79.31 in the latest trading session, marking a +0.19% move from the prior day.
- Barrons.com
Crowdstrike Stock Tumbles as Citi Says Sell
Crowdstrike stock was trading sharply lower after Citi analyst Walter Pritchard started coverage of the security company with a Sell rating. He also named two stocks to buy.
- Simply Wall St.
A Closer Look At Fortinet, Inc.'s (NASDAQ:FTNT) Impressive ROE
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Investor's Business Daily
Cybersecurity Stocks To Watch Amid Shift To Cloud Computing Tools
Many cybersecurity stocks enjoyed a big run this year. But shifts in corporate spending to cloud computing could determine winners in 2020 and beyond.
- GlobeNewswire
Fortinet to Announce Third Quarter 2019 Financial Results
SUNNYVALE, Calif., Oct. 01, 2019 -- Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced that it will hold a.
- GlobeNewswire
Fortinet Ranked in Top Three by Gartner for SD-WAN Equipment Market Share by Revenue
SUNNYVALE, Calif., Oct. 01, 2019 -- Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced that it is among the.
- Zacks
Has Fortinet (FTNT) Outpaced Other Computer and Technology Stocks This Year?
Is (FTNT) Outperforming Other Computer and Technology Stocks This Year?
- Zacks
Fortinet Secure SD-WAN to Protect IndiGo's Branch Network
Fortinet's (FTNT) Secure SD-WAN solution is selected by Indigo to bolster security and connectivity across its branches.
- Zacks
Huron, Thor, Crowdstrike, Okta and Fortinet highlighted as Zacks Bull and Bear of the Day
Huron, Thor, Crowdstrike, Okta and Fortinet highlighted as Zacks Bull and Bear of the Day
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How To Protect Your Portfolio Against Security Cloud FOMO
Cyberattacks have become increasingly common in business today - proprietary information as well as confidential customer information constantly being at risk of attack.
- GlobeNewswire
IndiGo Airlines Relies on Fortinet’s Secure SD-WAN Solution to Provide the Best User Experience for Business Critical Applications
SUNNYVALE, Calif., Sept. 24, 2019 -- John Maddison, EVP of products and CMO at Fortinet“Many customers are currently forced to use multiple point products and management.
- Simply Wall St.
Does Fortinet, Inc. (NASDAQ:FTNT) Have A Good P/E Ratio?
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at...
- GlobeNewswire
Fortinet Recognized as a Leader in the Gartner Magic Quadrant for Network Firewalls
SUNNYVALE, Calif., Sept. 19, 2019 -- John Maddison, EVP of products and CMO at Fortinet “Fortinet continues to be a clear leader in the network firewall market. The Fortinet.
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Seagate Prices Cash Tender Offers to Reduce Refinancing Risk
Seagate (STX) is benefiting from increasing traction for mass storage solutions across its edge and enterprise end markets.
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Zacks.com featured highlights include: Vector, Kirkland Lake Gold, Fortinet and Aerojet Rocketdyne
Zacks.com featured highlights include: Vector, Kirkland Lake Gold, Fortinet and Aerojet Rocketdyne
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Qorvo's New FEM Module to Enhance Efficiency of IoT Devices
Qorvo's (QRVO) Expanding portfolio of 5G and GaN solutions hold promise. Further, robust growth in its wireless connectivity as well as in base station solutions is a positive.
- Zacks
Check These 4 Top-Ranked Liquid Stocks for Alluring Returns
Four marvelous liquid stocks that investors should snap up now for stellar returns.
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Fortinet (FTNT) Dips More Than Broader Markets: What You Should Know
Fortinet (FTNT) closed at $78.11 in the latest trading session, marking a -0.33% move from the prior day.
- Zacks
S&P, Dow Retake Milestones and Get Within 1% of New Highs
S&P;, Dow Retake Milestones and Get Within 1% of New Highs
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Fortinet (FTNT) to Secure Telenor Sweden's SD-WAN Services
Fortinet (FTNT) is going to consolidate NGFW security and SD-WAN services into a single platform to effectively protect data and applications of Telenor Sweden's customers.
- InvestorPlace
Alibaba Stock Will Be Just Fine Without Jack Ma
Jack Ma retired on September 10 as executive chairman of Alibaba Group (NASDAQ:BABA) to become Bill Gates. (Or, maybe, Andrew Carnegie.)Source: zhu difeng / Shutterstock.com The Microsoft (NASDAQ:MSFT) co-founder retired at age 58 to become a full-time philanthropist and student of the world. Carnegie eventually gave away his entire fortune, worth $76 billion in 2019 dollars. Ma is retiring at age 55, he says to become a teacher.After building a company many liken to Jeff Bezos' Amazon.Com (NASDAQ:AMZN), Ma leaves a company at a crossroads under his chosen successor, Daniel Zhang.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe crossroads is between China and the world. Its way forward is the cloud. Alibaba GlobalAlibaba's base of China suffers from a depreciating currency, which the government is being forced to prop up. It's the primary victim of the Trump trade war, which is slowing growth. * 7 Best Stocks That Crushed It This Earnings Season But BABA has a way out. Alibaba's cloud, launched in 2009, is going global rapidly. It's expanding into Europe and dominating in Asia where it has a 19% marketshare, eclipsing even Amazon, with services in 15 different regions.Among Alibaba's latest partners is Equinix (NASDAQ:EQIX), a $46 billion cloud landlord whose shares are up 53% so far in 2019. Alibaba is now providing services in the U.S. through alliances with companies like Fortinet (NASDAQ:FTNT), privately-held WordPress and International Business Machine's (NYSE:IBM) Red Hat unit.While Amazon offers infrastructure and Microsoft offers a platform, Alibaba is providing a full application stack, including financial and database applications. Its targets aren't just big enterprises, but small businesses for which it will take their entire data and computing budget as they grow.Zhang now says cloud will be "Alibaba's main business in the future." That's a real change for Zhang. His first Alibaba strategy was known as "New Retail." He bought supermarkets and shopping centers, making the company look more like Walmart (NYSE:WMT) to the average Chinese consumer. Alibaba NumbersEven having delayed its Hong Kong offering due to the continuing crisis there, Alibaba is the 7th most valuable company in the world by market cap. It trails only the five U.S. "Cloud Czars" and Berkshire Hathaway (NYSE:BRK.A).After a rough May, the shares are still up nearly 30% on the year. They carry a price to earnings multiple of 50 and bring about 23% of revenue to the net income line. For its first fiscal quarter, reported in August, Alibaba had net income of nearly $2.8 billion, $1.17 per share, on revenue of $16.7 billion. That's a net income gain of 146% on just 42% more revenue.Cloud revenue was up 66%, while core commerce revenue was up just 44%, with much of that coming from logistics and consumer services. The numbers sent the stock up 11.6% over the last month, despite continuing tensions. The Bottom Line for BABA StockMa's retirement and birthday ceremony was held in the football stadium of his hometown. There he said he hopes to engage in projects that avoid any connection to politics. * 10 Stocks to Sell in Market-Cursed September But he's too big for that. That may also be true for Alibaba, and that's the only cloud on its horizon.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in BABA, MSFT and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post Alibaba Stock Will Be Just Fine Without Jack Ma appeared first on InvestorPlace.
