Earnings Forecast Research on Fortinet, Inc. (FTNT)

Fortinet, Inc. has received $0.08 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0.08 while the top line estimate is $0.09 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 180.95%.

Fortinet, Inc. reported better than expected with a surprise EPS of 133.33% or $0.04 during its most recent quarterly earnings. The Actual EPS was $0.07 compared to the Estimated EPS of $0.03. Sunnyvale based Fortinet, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 02, 2017.

Fortinet, Inc. has a Price to Earnings ratio of 468.71 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 6.88. For the Most Recent Fiscal Year, Fortinet, Inc. has a price to cash ratio of 89.6. For the Trailing twelve month period, company showed a Net Profit Margin of -0.09% and Return on Equity of the stock is 1.36%.

In the last quarter, Fortinet, Inc. reported Annual Earnings of $0.07. Based on the filings, last years Annual Earnings was, $0.14. In the last Quarter, FTNT reported a surprise Earnings per Share of 133.33% . The consensus estimate for current quarter is $0.08 and for the current fiscal year, the estimate is $0.17. For the Next fiscal year, the estimate is $0.29 based on the consensus.

Fortinet, Inc. (NASDAQ:FTNT) : On Tuesday heightened volatility was witnessed in Fortinet, Inc. (NASDAQ:FTNT) which led to swings in the share price. The stock opened for trading at $32.84 and hit $33.39 on the upside , eventually ending the session at $33.26, with a gain of 1.37% or 0.45 points. The heightened volatility saw the trading volume jump to 2,207,430 shares. The 52-week high of the share price is $37.48 and the company has a market cap of $5,755 million. The 52-week low of the share price is at $23.16 .

Fortinet, Inc., headquartered in Sunnyvale, California, is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking, antivirus, intrusion prevention, Web filtering, antispam and wide area network acceleration. Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solution incorporates the application-specific integrated circuits, hardware architecture, operating system, and set of associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance. Its flagship UTM solution consists of FortiGate appliance product line and FortiGuard security subscription services.


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