A new trading day began on Tuesday, with Fortinet Inc (NASDAQ: FTNT) stock price down -1.33% from the previous day of trading, before settling in for the closing price of $84.2. FTNT’s price has ranged from $70.12 to $114.82 over the past 52 weeks.
Technology Sector giant saw their annual sales surged by 42.92% over the last five years. Meanwhile, its annual earnings per share averaged 6.11%. With a float of $638.10 million, this company’s outstanding shares have now reached $765.60 million.
Fortinet Inc (FTNT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Fortinet Inc is 16.73%, while institutional ownership is 70.07%. The most recent insider transaction that took place on Aug 04 ’25, was worth 46,936,043. In this transaction VP, ENGINEERING & CTO of this company sold 476,596 shares at a rate of $98.48, taking the stock ownership to the 9,730,560 shares. Before that another transaction happened on Aug 04 ’25, when Company’s PRESIDENT & CEO sold 158,486 for $98.48, making the entire transaction worth $15,607,891. This insider now owns 51,391,879 shares in total.
Fortinet Inc (FTNT) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.63 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.89% during the next five years compared to 42.92% growth over the previous five years of trading.
Fortinet Inc (NASDAQ: FTNT) Trading Performance Indicators
Here are Fortinet Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.04. Likewise, its price to free cash flow for the trailing twelve months is 31.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.51, a number that is poised to hit 0.63 in the next quarter and is forecasted to reach 2.77 in one year’s time.
