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Company name Fortinet Inc
Stock ticker FTNT
Live stock price (FTNT $---.--)
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $121.58
Target stock price (averages with growth) $44.39
Target stock price (averages with no growth) $111.78
Target stock price (manual assumptions) $109.85

The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/ftnt

Fortinet, Inc., incorporated on November 28, 2000, is a network security company. The Company provides cyber security solutions to a range of enterprises, service providers and government organizations across the world. It provides protection against cyber-attacks and the technology to take on security performance requirements of the network. It offers a range of security products and solutions, providing customers with an integrated network security architecture and a source of threat intelligence to identify and minimize security gaps. The Company's network security solution consists of FortiGate physical, software and cloud solutions, which are deployable in the business environments of enterprises, service providers and small and medium-sized businesses, as well as government organizations. These platforms provide a range of integrated security and networking functions to help protect data, applications and users from network- and content-level security threats.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Fortinet Inc as long as the indicators that I describe in my book The Confident Investor are favorable.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Fortinet Inc calculated?

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I hope that this makes you a Confident Investor.

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