Fortinet Inc (NASDAQ: FTNT)’s stock price has increased by 1.16 compared to its previous closing price of 98.65. However, the company has seen a 3.23% increase in its stock price over the last five trading sessions. zacks.com reported 2025-03-24 that Fortinet (FTNT) closed at $99.79 in the latest trading session, marking a +1.16% move from the prior day.
Is It Worth Investing in Fortinet Inc (NASDAQ: FTNT) Right Now?
The price-to-earnings ratio for Fortinet Inc (NASDAQ: FTNT) is above average at 44.15x. The 36-month beta value for FTNT is also noteworthy at 1.09. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 8 rating it as “overweight,” 25 rating it as “hold,” and 2 rating it as “sell.”
The public float for FTNT is 638.44M, and at present, short sellers hold a 2.81% of that float. The average trading volume of FTNT on March 25, 2025 was 4.46M shares.
FTNT’s Market Performance
FTNT’s stock has seen a 3.23% increase for the week, with a -9.30% drop in the past month and a 6.89% gain in the past quarter. The volatility ratio for the week is 2.35%, and the volatility levels for the past 30 days are at 3.23% for Fortinet Inc The simple moving average for the last 20 days is -1.47% for FTNT stock, with a simple moving average of 19.76% for the last 200 days.
Analysts’ Opinion of FTNT
Robert W. Baird gave a rating of “Neutral” to FTNT, setting the target price at $112 in the report published on February 03rd of the current year.
FTNT Trading at -2.27% from the 50-Day Moving Average
After a stumble in the market that brought FTNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.09% of loss for the given period.
Volatility was left at 3.23%, however, over the last 30 days, the volatility rate increased by 2.35%, as shares sank -8.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.90% upper at present.
During the last 5 trading sessions, FTNT rose by +3.23%, which changed the moving average for the period of 200-days by +70.17% in comparison to the 20-day moving average, which settled at $101.28. In addition, Fortinet Inc saw 5.62% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FTNT starting from GOLDMAN KENNETH A, who sale 2,000 shares at the price of $100.00 back on Mar 12 ’25. After this action, GOLDMAN KENNETH A now owns 18,612 shares of Fortinet Inc, valued at $200,000 using the latest closing price.
Xie Michael, the VP, ENGINEERING & CTO of Fortinet Inc, sale 326,784 shares at $98.17 during a trade that took place back on Mar 11 ’25, which means that Xie Michael is holding 11,000,068 shares at $32,079,517 based on the most recent closing price.
Stock Fundamentals for FTNT
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.81 for the gross margin
The net margin for Fortinet Inc stands at 0.29. The total capital return value is set at 0.32. Equity return is now at value 338.74, with 20.51 for asset returns.
Based on Fortinet Inc (FTNT), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 2.27. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 90.06.
Currently, EBITDA for the company is 1.8 billion with net debt to EBITDA at -0.92. When we switch over and look at the enterprise to sales, we see a ratio of 12.57. The receivables turnover for the company is 4.07for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
Conclusion
In summary, Fortinet Inc (FTNT) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
