90.00 +0.49 (0.55%)
Pre-Market: 6:19AM EDT
|Bid||90.00 x 900|
|Ask||91.85 x 800|
|Day's Range||88.00 - 89.86|
|52 Week Range||35.44 - 91.27|
|PE Ratio (TTM)||174.82|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||74.52|
“Fortinet continues to lead the UTM market with over four million network security appliances shipped to-date. Fortinet® (FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced it has been recognized again as a Leader in the 2018 Gartner Magic Quadrant for Unified Threat Management (SMB Multifunction Firewalls), marking its ninth time as a Leader.
Fortinet (FTNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
“Expanding network infrastructures and workflows to the cloud requires security controls, policy enforcement and visibility that can span traditional on-premises networks as well as hybrid cloud environments.
We rank 40 of the Bay Area's biggest tech employers by how much they pay a median worker, and find that the highest-paying isn't a behemoth like Google, Salesforce.com or Intel Corp. It's not even Facebook, although the typical worker at the Menlo Park social media giant takes home a whopping $240,430 annual salary.
X1, whose software locates, analyzes and takes action on data for regulatory, eDiscovery and corporate compliance purposes, today announced the appointment of Craig Carpenter as the company’s new CEO. As part of a planned transition, Mr. Carpenter will succeed Tom McGovern, who returns to his COO duties at Idealab now that the company’s CEO search is complete. “I am grateful for the opportunity to lead a company with such a strong team and as ideally positioned as X1,” stated Craig Carpenter, X1 CEO.
Shares of cybersecurity company Symantec (SYMC) rose 4.3% on September 18. Symantec shares have fallen 26% in 2018. At that time, Symantec revealed that it was launching an internal investigation into concerns raised by a former employee.
Fortinet Inc (NASDAQ: FTNT ) shares have doubled year-to-date, sending UBS to the sidelines. The Analyst Analyst Fatima Boolani downgraded shares of Fortinet from Buy to Neutral and lifted the price target ...
Of the 38 analysts covering Palo Alto Networks (PANW) on September 10, 27 recommended “buy,” eight recommended “hold,” and two recommended “sell,” as shown in the graph below. One analyst rated it as “overweight.”
Palo Alto Networks (PANW) has continued to expand its business globally, driven by its strong product portfolio. Its acquisition of Evident.io and Secdo in fiscal 2018 enhanced its high-demand cloud and endpoint security services.
Palo Alto Networks (PANW) has continued to generate strong FCF (free cash flow) across all of its segments, boosted by its solid revenue growth, order backlog, and steady subscriber growth. In the last five quarters, it has added ~14,500 customers.
On September 10, Palo Alto (PANW) was trading at a forward EV1-to-sales multiple of ~7.13x, ~58% higher than the industry average. Meanwhile, peers Fortinet (FTNT), Splunk (SPLK), and FireEye (FEYE) had forward EV-to-sales multiples of ~6.8x, ~8.93x, and ~3.3x, respectively, as shown in the graph below.
Zacks.com highlights: athenahealth, Medifast, Commvault Systems, Molina Healthcare and Fortinet
Liquidity indicates a company’s capability of meeting debt obligations by converting assets into liquid cash and equivalents. It considers inventory excluding current assets relative to current liabilities.
Growing sophistication of cyber-attacks and repeated attempts at high-profile hacking have kept countries around the globe alert over the past few years. A series of cyber-attacks like WannaCry or WannaCrypt ransomware attacks and Petya rocked the globe.
Growing data breach concerns ahead of the U.S mid-term elections in November is boosting the prospects of cyber-security firms.
Fortinet, Red Robin Gourmet Burgers, Caterpillar, Deutsche Bank and Boeing highlighted as Zacks Bull and Bear of the Day
On August 27, 29 analysts tracked Symantec (SYMC) stock. Three rated SYMC as a “buy,” and 23 provided a “hold” rating. The company received one rating each of “overweight,” “underweight,” and “sell.” The chart below illustrates these ratings.