Fortinet FTNT
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
Key Insights
Fortinet (FTNT) Core Market Data and Business Metrics
Latest Closing Price
$98.08Price-Earnings Ratio
49.29Total Outstanding Shares
768.97 Million SharesDividend
No dividendSIC Description
Computer Peripheral Equipment, NecPrimary Exchange
NASDAQHeadquarters
909 Kifer Road, Sunnyvale, CA, 94086
Historical Stock Splits
If you bought 1 share of FTNT before June 2, 2011, you'd have 10 shares today.
| Execution Date | Split Amount |
|---|---|
| June 23, 2022 | 5-for-1 |
| June 2, 2011 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 4,966,464 Shares | 3.85 | 3/14/2025 | 19,137,327 Shares |
| 5,145,098 Shares | 3.49 | 2/28/2025 | 17,958,676 Shares |
| 5,308,489 Shares | 2.56 | 2/14/2025 | 13,588,240 Shares |
| 3,871,933 Shares | 3.92 | 1/31/2025 | 15,171,462 Shares |
| 4,235,722 Shares | 3.54 | 1/15/2025 | 14,994,571 Shares |
| 4,069,383 Shares | 3.94 | 12/31/2024 | 16,044,056 Shares |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $1.97 Billion |
| Net Cash Flow From Investing Activities | $-719.10 Million |
| Net Cash Flow From Financing Activities | $-951.40 Million |
| Net Cash Flow From Financing Activities, Continuing | $-951.40 Million |
| Exchange Gains/Losses | $800,000 |
| Net Cash Flow From Investing Activities, Continuing | $-719.10 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Income/Loss From Equity Method Investments | $-33.40 Million |
| Basic Earnings Per Share | $2 |
| Costs And Expenses | $3.86 Billion |
| Research and Development | $678.20 Million |
| Basic Average Shares | $2.29 Billion |
| Net Income/Loss Available To Common Stockholders, Basic | $1.53 Billion |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $1.54 Billion |
| Comprehensive Income/Loss | $1.54 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $6.30 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $8.85 Billion |
| Current Assets | $5.22 Billion |
| Current Liabilities | $3.88 Billion |
| Other Non-current Assets | $2.25 Billion |
| Intangible Assets | $111.60 Million |
| Noncurrent Assets | $3.63 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||