Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products Please visit their website for more information.
*Proprietary Buy Sell Volume Indicator
| Revenue: $1.51B |
| Revenue Growth (YOY): 13.00% |
| Profit (% of Rev): 82.53% |
| Income (% of Rev): 35.80% |
| Income Growth (YOY): 67.20% |
| Operating Income: $473M |
| Operating Cash Flow: $608M |
| Operating Cash Flow Growth (YoY): 10.32% |
| Annual Dividend Yield: 0.00% |
| Total Assets: $8.85B |
| Total Liabilities: $7.94B |
| Cash & Equivalent: $2.49B |
| Total Debt: $994M |
| Debt/Equity: 1.09 |
| Quick Ratio: 1.25 |
| Current Ratio: 1.34 |
| Price/Book: 65.22 |
| Price/Earnings: 27.42 |
| EBITDA: $538M |
| EPS: 0.71 |
Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Buy.
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