Fortinet Shares Owned by Institutions

FTNT
 Stock
  

USD 54.29  1.77  3.37%   

Fortinet fundamentals help investors to digest information that contributes to Fortinet's financial success or failures. It also enables traders to predict the movement of Fortinet Stock. The fundamental analysis module provides a way to measure Fortinet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fortinet stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Fortinet Shares Owned by Institutions Analysis

Fortinet's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Shares Held by Institutions 
 = 
Funds and Banks 
Firms 
More About Shares Owned by Institutions | All Equity Analysis

Current Fortinet Shares Owned by Institutions

    
  70.90 %  
Most of Fortinet's fundamental indicators, such as Shares Owned by Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fortinet is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Fortinet Shares Owned by Institutions Driver Correlations

Understanding the fundamental principles of building solid financial models for Fortinet is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Shares Owned by Institutions. Since Fortinet's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fortinet's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fortinet's interrelated accounts and indicators.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Compare to competition

Based on the latest financial disclosure, 70% of Fortinet are shares owned by institutions. This is 55.35% higher than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The shares owned by institutions for all United States stocks is 80.82% lower than that of the firm.

Fortinet Shares Owned by Institutions Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortinet's direct or indirect competition against its Shares Owned by Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortinet could also be used in its relative valuation, which is a method of valuing Fortinet by comparing valuation metrics of similar companies.
Fortinet is currently under evaluation in shares owned by institutions category among related companies.

Fortinet Current Valuation Drivers

We derive many important indicators used in calculating different scores of Fortinet from analyzing Fortinet's financial statements. These drivers represent accounts that assess Fortinet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fortinet's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee6.2 K56.84 K46.1 K59.14 K59.52 K64.22 K
Revenue Per Employee295.09 K308.16 K304.46 K314.07 K327.83 K291.81 K
Average Assets2.32 B2.7 B3.5 B3.54 B5.68 B6.13 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA179.5 M310 M447.6 M610.5 M720.2 M777.06 M
Earnings Before Interest Taxes and Depreciation Amortization USD179.5 M310 M447.6 M610.5 M720.2 M777.06 M
Earnings before Tax124 M254.3 M386 M541.7 M620.9 M669.92 M
Average Equity828 M843.88 M1.18 B662.35 M982.7 M939.79 M
Enterprise Value6.69 B10.83 B17.08 B23.23 B57.92 B62.49 B
Free Cash Flow459.1 M585.9 M715.8 M957.8 M1.2 B1.3 B
Invested Capital388.8 M648.9 M1.1 B1.03 B3.08 B3.32 B
Invested Capital Average518.1 M516.4 M938.75 M911.98 M2.69 B2.9 B
Market Capitalization7.6 B12 B18.26 B24.11 B58.76 B63.4 B
Tangible Asset Value2.23 B3.02 B3.78 B3.92 B5.73 B6.18 B
Working Capital689.6 M964.5 M1.31 B910.9 M1.28 B1.09 B

Fortinet ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortinet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortinet's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Fortinet Fundamentals

About Fortinet Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fortinet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortinet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortinet based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California. Fortinet operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 10860 people.

Fortinet Investors Sentiment

The influence of Fortinet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fortinet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Fortinet's public news can be used to forecast risks associated with investment in Fortinet. The trend in average sentiment can be used to explain how an investor holding Fortinet can time the market purely based on public headlines and social activities around Fortinet. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Fortinet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fortinet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fortinet's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Fortinet.

Fortinet Implied Volatility

    
  35.6  
Fortinet's implied volatility exposes the market's sentiment of Fortinet stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fortinet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Fortinet stock will not fluctuate a lot when Fortinet's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortinet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortinet's short interest history, or implied volatility extrapolated from Fortinet options trading.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Fortinet using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Fortinet Piotroski F Score and Fortinet Altman Z Score analysis. Note that the Fortinet information on this page should be used as a complementary analysis to other Fortinet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Fortinet price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.
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Is Fortinet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortinet. If investors know Fortinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.31
Market Capitalization
41.4 B
Quarterly Revenue Growth YOY
0.29
Return On Assets
0.0833
Return On Equity
2.01
The market value of Fortinet is measured differently than its book value, which is the value of Fortinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fortinet's value that differs from its market value or its book value, called intrinsic value, which is Fortinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortinet's market value can be influenced by many factors that don't directly affect Fortinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortinet's value and its price as these two are different measures arrived at by different means. Investors typically determine Fortinet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.