Fortinet Stock Price and Value Analysis

Should you buy Fortinet stock? (NasdaqGS:FTNT). Let's see how it does in our automated value investing analysis system.

FTNT Free Cash Flow Trend

Free Cash Flow trendline for FTNT
Free Cash Flow trendline for Fortinet

Based on historical returns, we believe that Fortinet can grow its free cash at a rate of about 1%. That's positive!

  • This company is less known than others.
  • This stock looks overpriced.
  • This company has wild ups and downs.
  • This company is making money at a modest rate.
  • This company pays no dividend.

Inside the FTNT Numbers

FTNT Price
(Fortinet stock price per share)
[?] FTNT Fair Price
(based on intrinsic value)
[?] FTNT Safety Price (based on a variable margin of safety) $9.05
[?] PE Ratio versus Sector 250% higher than other Technology stocks
[?] PE Ratio versus Industry 0% lower than other Software - Application stocks
[?] Cash Yield 0.68%
[?] Free Cash Flow Jitter 90%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 2,853,448 shares shorted. With 138,855,889 shares available for purchase and an average trading volume over the past 10 trading days of 1,835,285, it would take at least 1.555 days for all of the short holders to cover their shorts.

Is Fortinet Stock on Sale?

We believe that Fortinet may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Fortinet looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy FTNT Stock?

Does Fortinet have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.