|Bid||73.65 x 600|
|Ask||73.70 x 100|
|Day's Range||73.49 - 75.40|
|52 Week Range||39.40 - 94.37|
|Beta (3Y Monthly)||1.46|
|PE Ratio (TTM)||106.33|
|Earnings Date||Feb 4, 2019 - Feb 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||84.54|
Previously, ransomware was the talk of the day, and now cryptojacking, mobile malware, and attacks against business-critical supply chains are proliferating. Fortinet® (FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced the findings of its latest quarterly Global Threat Landscape Report. Unique threat variants and families are on the rise, while botnet infections continue to infect organizations.
FireEye (FEYE) has been shifting from selling perpetual software licenses to a business model in which it sells its security software on a subscription basis. Many software companies are undergoing this shift as they seek to boost their recurring revenues. Design software maker Autodesk (ADSK), which has transitioned most of its customers to a subscription model, saw its recurring revenue jump 28% YoY (year-over-year) in the second quarter of fiscal 2019, which ended in July.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.
SUNNYVALE, Calif., Nov. 08, 2018 -- Bob Fortna, President of Fortinet Federal Inc.“Achieving DoDIN APL certification for additional solutions within the Fortinet Security.
During the current stock market correction, investors should look for stocks with strong relative strength.
As the below chart shows, Cisco’s (CSCO) Security business segment accounted for just 5% of total sales in fiscal 2018. This segment has been Cisco’s fastest-growing one for a few quarters now. Cisco’s Security sales have risen from $1.74 billion in 2015 to $1.97 billion in 2016, $2.15 billion in 2017, and $2.35 billion in 2018.
NEW YORK, NY / ACCESSWIRE / November 6, 2018 / U.S. equities closed mostly higher on Monday as investors awaited details from the Fed's two-day policy meeting and midterm congressional elections. The Dow ...
Fortinet traded in line with the broader market last month and has continued to lose ground in November despite a strong earnings report.
Fortinet (FTNT) fell 13.3% on November 2 to close at $72.56. Fortinet announced its third-quarter results last week and reported revenue of $454 million, a rise of 21% year-over-year and above analyst estimates of $451 million. Earnings per share rose 75% to $0.49, which were well above estimates of $0.42.
Long-Standing Fabric-Ready Partner Nozomi Networks Joined by Three New Operational Technology Partners – RAD, Indegy and SecurityMatters – to Protect the Emerging Cyber-Physical.
NEW YORK, Nov. 05, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Stocks ended the week on a downbeat note, hurt by Apple’s post-earnings slump, which overshadowed upbeat sentiment about trade and jobs.
The cloud security specialist didn't knock the cover off the ball hard enough to impress investors in the third quarter. The stock is still up 115% in 52 weeks.
Stock futures signaled the market rally will continue Friday, even as Apple fell sharply on weak guidance. Starbucks, Arista, Universal Display and Fortinet were big movers.
In a tale of two cybersecurity companies that topped expectations with earnings, Symantec Corp. saw shares surge while Fortinet Inc. saw its stock plummet on Friday, and it all appears to be about expectations and valuations.