|Bid||88.28 x 1800|
|Ask||88.30 x 800|
|Day's Range||86.97 - 88.65|
|52 Week Range||62.27 - 96.96|
|Beta (3Y Monthly)||1.34|
|PE Ratio (TTM)||43.99|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||91.35|
Fortinet (FTNT), which already protects the IT infrastructure of the Canadian government, will provide cloud and data center services to Shared Services Canada and its clients to protect Internet edge.
“Fortinet has a deep understanding of the unique security needs Canada’s government agencies have, and even more specifically the compliance regulations and the type of critical data that must remain secure.
Fortinet, Inc. (NASDAQ:FTNT), a large-cap worth US$14b, comes to mind for investors seeking a strong and reliable...
Cybersecurity company Fortinet was mentioned on Mad Money last night. In this daily bar chart of FTNT, below, we can see a sideways to higher trading range for FTNT the past 12 months. The daily On-Balance-Volume (OBV) line has moved higher from early January and is just below its early May high.
SUNNYVALE, Calif., July 01, 2019 -- Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced that it will hold a.
Based on Fortinet, Inc.'s (NASDAQ:FTNT) earnings update in March 2019, the consensus outlook from analysts appear...
Fortinet (FTNT) launches FortiWeb Cloud WAF-as-a-Service, which will be delivered through the Security Fabric architecture to secure AWS applications.
Fortinet®, a global leader in broad, integrated and automated cybersecurity solutions and the first cybersecurity company named a founding partner of the World Economic Forum Centre for Cybersecurity, today announced that Ken Xie will offer strategic insights as a discussion leader for The Internet of Things: Risks and Opportunities in Critical Infrastructure Sectors and as an expert contributor in the Managing Cyber-Risks: Equipping CEOs sessions at the upcoming World Economic Forum Annual Meeting of the New Champions in Dalian, People’s Republic of China at the organization’s July 1 – 3.
Cybersecurity stocks are up 24% on the year, about five times the gain of the S&P 500, as indicated by the ISE Cybersecurity Index (HXR). A report last week from Goldman Sachs suggests there remains potential upside for a number of cybersecurity stocks, including Qualys Inc. (QLYS), CyberArk Software Ltd. (CYBR), Fortinet Inc. (FTNT), Imperva Inc. (IMPV), Proofpoint Inc. (PFPT), KEYW Holding Corp. (KEYW), Cisco Systems Inc. (CSCO), and Verisign Inc. (VRSN). As security becomes the top priority for corporate America in the lead up to the midterms, Goldman analysts write that “a rise in allocation to security spending in anticipation of potential threats would boost the top-line of cybersecurity stocks.” (To read more, see: 18 Midterm Election Year Stock Picks).
SUNNYVALE, Calif., June 25, 2019 -- John Maddison, EVP of Products and Solutions at Fortinet “As organizations increasingly build out their business in the cloud and use web.
The company is a leading maker of firewalls and network security appliances. Fortinet stock (ticker: FTNT) shares are up about 9% this year, underperforming the Nasdaq Composite, which has risen roughly 21%. JPMorgan analyst Sterling Auty on Monday raised his rating on Fortinet to Overweight from Neutral, saying the valuation now seems attractive.
was rising Monday after being upgraded to overweight from neutral with a price target of $93 at J.P. Morgan. Analyst Sterling Auty wrote in a note to clients that the company was seeing "consistent demand." The analyst is counting on Fortinet's "proper execution" to lead to outperformance in the second half of the year. The company has 10 buys, 17 holds, three sell ratings, and an average price target of $92, according to Bloomberg.
Fortinet Inc. shares are up 3.8% in Monday morning trading after J.P. Morgan's Sterling Auty upgraded the cybersecurity stock to overweight from neutral. "We believe the company has embarked on the right strategy of balancing mid- to high-teen growth prospects in revenue with margin expansion that should deliver an attractive cash flow profile in the coming years as opposed to overspending in an effort to keep revenue growth above 20%," Auty wrote. He sees "consistent demand" for the company's products and expects that shares could outperform in the second half of the year provided that Fortinet delivers strong execution. Auty has a $93 price target on the stock, which has gained 12% so far this year but is off about 20% from its 2019 high. The S&P 500 has climbed 18% so far in 2019.
BURNABY, British Columbia, June 19, 2019 -- Ken Xie, Founder, Chairman of the Board, and CEO, Fortinet “Canada is important to our business, Fortinet has operated there since.
SUNNYVALE, Calif., June 19, 2019 -- John Maddison, EVP of products and solutions, Fortinet“Fortinet has uniquely combined best-of-breed SD-WAN and security in one integrated.
Fortinet Security Fabric delivers cloud-grade scalability, visibility, and control with carrier-grade performance and capacity to secure evolving 4G networks, IoT services and 5G mobility platform SINGAPORE ...