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Fortinet (FTNT) Declines More Than Market: Some Information for Investors
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In the latest trading session, Fortinet (FTNT - Free Report) closed at $76.39, marking a -2.48% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.53% for the day. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw a decrease of 1%.
The network security company's shares have seen a decrease of 5.02% over the last month, not keeping up with the Computer and Technology sector's gain of 2.62% and the S&P 500's gain of 2.06%.
Investors will be eagerly watching for the performance of Fortinet in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 5, 2026. The company is expected to report EPS of $0.73, down 1.35% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.86 billion, up 11.91% from the prior-year quarter.
FTNT's full-year Zacks Consensus Estimates are calling for earnings of $2.68 per share and revenue of $6.75 billion. These results would represent year-over-year changes of +13.08% and 0%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Fortinet. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.25% lower within the past month. Right now, Fortinet possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Fortinet has a Forward P/E ratio of 27.22 right now. This indicates a discount in contrast to its industry's Forward P/E of 53.41.
Also, we should mention that FTNT has a PEG ratio of 2.42. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. FTNT's industry had an average PEG ratio of 2.76 as of yesterday's close.
The Security industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 102, placing it within the top 42% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow FTNT in the coming trading sessions, be sure to utilize Zacks.com.
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Fortinet (FTNT) Declines More Than Market: Some Information for Investors
In the latest trading session, Fortinet (FTNT - Free Report) closed at $76.39, marking a -2.48% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.53% for the day. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw a decrease of 1%.
The network security company's shares have seen a decrease of 5.02% over the last month, not keeping up with the Computer and Technology sector's gain of 2.62% and the S&P 500's gain of 2.06%.
Investors will be eagerly watching for the performance of Fortinet in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 5, 2026. The company is expected to report EPS of $0.73, down 1.35% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.86 billion, up 11.91% from the prior-year quarter.
FTNT's full-year Zacks Consensus Estimates are calling for earnings of $2.68 per share and revenue of $6.75 billion. These results would represent year-over-year changes of +13.08% and 0%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Fortinet. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.25% lower within the past month. Right now, Fortinet possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Fortinet has a Forward P/E ratio of 27.22 right now. This indicates a discount in contrast to its industry's Forward P/E of 53.41.
Also, we should mention that FTNT has a PEG ratio of 2.42. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. FTNT's industry had an average PEG ratio of 2.76 as of yesterday's close.
The Security industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 102, placing it within the top 42% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow FTNT in the coming trading sessions, be sure to utilize Zacks.com.