Fortinet(US:FTNT) ZACKSยท2025-09-12 22:46Company Performance - Fortinet's stock closed at $79.68, down 1.5% from the previous trading session, underperforming the S&P 500 which had a daily loss of 0.05% [1] - Over the past month, Fortinet's stock has increased by 4.71%, which is below the Computer and Technology sector's gain of 5.42% but above the S&P 500's gain of 3.44% [1] Earnings Forecast - Fortinet is expected to report an EPS of $0.63, indicating no change from the same quarter last year, with a projected revenue of $1.7 billion, reflecting a 12.89% increase year-over-year [2] - For the annual period, the Zacks Consensus Estimates predict earnings of $2.52 per share and revenue of $6.75 billion, representing increases of +6.33% and +13.29% respectively from the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for Fortinet are important as they reflect changes in short-term business dynamics, with upward revisions indicating analysts' positive outlook on the company's profitability [4] - The Zacks Rank system, which incorporates these estimate changes, currently ranks Fortinet at 3 (Hold), with a 0.15% increase in the consensus EPS estimate over the last 30 days [6] Valuation Metrics - Fortinet has a Forward P/E ratio of 32.14, which is a discount compared to the industry average Forward P/E of 65.55 [7] - The company also has a PEG ratio of 2.68, which aligns with the average PEG ratio of the Security industry [7] Industry Context - The Security industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 82, placing it in the top 34% of all industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]