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Fortinet's stock is trading at a forward price-to-earnings ratio of 39 right now, which isn't exactly cheap. But it's still less expensive than some of its competitors, including Palo Alto ...
Assuming Fortinet indeed hits analysts' $7.5 billion revenue forecast in 2026 while trading at approximately 8 times sales, its market cap could hit $60 billion. That would be a 32% increase from ...
Fortinet posted revenue of $1.43 billion for the second-quarter ended June 30, in line with analysts' estimates. Adjusted profit in the quarter came in at 57 cents per share, compared to 38 cents ...
2015: Fluctuations in global prices of commodities and the official exchange rate of the Iranian currency have a big impact on the profitability of companies which produce global commodities that are either exported or sold on the free market domestically. More than half the weight of the Iranian stock market cap belongs to such companies. [65]
Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls , endpoint security and intrusion detection systems .
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American equity market by capitalization.
Fortinet (FTNT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price ...
Accounting. v. t. e. In financial economicsand accounting research, post–earnings-announcement driftor PEAD(also named the SUE effect) is the tendency for a stock’s cumulative abnormal returnsto drift in the direction of an earnings surprisefor several weeks (even several months) following an earnings announcement. Cause and effect.