Fortinet Rg
FTNT
USD
STOCK MARKET:
NMS
Closed
 
...
Delayed quote
Last quote
03/31/2023 - 20:00:00
Bid
03/31/2023 - 15:59:59
Bid
Volume 		Ask
03/31/2023 - 15:59:59
Ask
Volume
66.46
+0.65 ( +0.99% )
66.45
4,000
66.46
1,100
More information
Analysis by TheScreener
31.03.2023
Evaluation Neutral  
Interest Strong  
Sensibility Middle  
Analysis date: 31.03.2023
Global Evaluation
  Neutral
The stock is classified in the neutral zone since 10.02.2023.
Interest
  Strong
Strong interest since 10.02.2023.
Earnings Rev Trend
  0.10
 
Compared to seven weeks ago, the analysts have not significantly revised their earnings per share estimates (changes between +1% and -1% are considered neutral). But the last significant trend is positive since 10.02.2023 at a price of 59.61.
Evaluation
  Strongly overvalued
 
Based on its growth potential and our own criteria, at its current price the stock is strongly overvalued.
MT Tech Trend
  Positive
 
The forty day Medium Term Technical Trend is positive since 24.01.2023. The confirmed Technical Reverse point (Tech Reverse - 1.75%) is 58.091.
4wk Rel Perf
  8.30%
 
The four week relative overperformance versus SP500 is 8.30%.
Sensibility
  Middle
The stock has been on the moderate-sensitivity level since 10.02.2023.
Bear Market Factor
  Middle
On average, the stock is likely to decline with the index.
Bad News Factor
  Low
When the stock's pressure is specific, the market sanction on average is 3.93%.
Mkt Cap in $bn
  52.11
With a market capitalization >$8bn, FORTINET is considered a large-cap stock.
G/PE Ratio
  0.81
A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) below 0.9 indicates that investors must pay a premium for the estimated growth potential: premium.
LT P/E
  33.63
The estimated PE is for the year 2024.
LT Growth
  27.19%
The annualized growth estimate is for the current year to 2024.
Avg. Nb analysts
  34
Over the last seven weeks, an average of 34 analysts provided earnings per share estimates.
Dividend Yield
  0.00%
The company is not paying a dividend.
Beta
  121
For 1% of index variation, the stock varies on average by 1.21%.
Correlation
  0.64
64.02% of stock movements are explained by index variations.
Value at Risk
  15.95
The value at risk is estimated at USD 15.95. The risk is therefore 24.00%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.
First Analysis Date
  23.07.2010