Fortinet, Inc. (NASDAQ:FTNT)
Fortinet, Inc., headquartered in Sunnyvale, California, is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking, antivirus, intrusion prevention, Web filtering, antispam and wide area network acceleration. Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solution incorporates the application-specific integrated circuits, hardware architecture, operating system, and set of associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance. Its flagship UTM solution consists of FortiGate appliance product line and FortiGuard security subscription services.
Fortinet, Inc. (NASDAQ:FTNT)’s Financial Overview
Fortinet, Inc. (NASDAQ) surged 1.76% yesterday to close its trading session at $83.13. The company has 1 year Price Target of $82.19. Fortinet, Inc. has 52-Week high of $94.37 and 52-Week Low of $46.3. The stock touched its 52-Week High on 94.37 and 52-Week Low on 46.30. The stock traded with the volume of 2.1 Million shares yesterday. The firm shows the market capitalization of $13.87 Billion.
Fortinet, Inc. (NASDAQ) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.49/share against the analyst consensus estimate of $0.42/share. The difference between the actual and expected EPS is $0.07 a share with a surprise factor of 16.7%.
The firm is trading with SMA20 of 9.9 Percent, SMA50 of 13.69 Percent and SMA200 of 14.81 percent. Fortinet, Inc. has P/S value of 7.7 while its P/B value stands at 15.83. Similarly, the company has Return on Assets of 3.5 percent, Return on Equity of 12 percent and Return on Investment of 13.6 Percent. The company shows Gross Margin and Operating Margin of 75 percent and 8.8 percent respectively.
The Stock currently has Analyst’ mean Recommendation of 2.5 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.
The 27 analysts offering 12-month price forecasts for Fortinet Inc have a median target of 85.00, with a high estimate of 100.00 and a low estimate of 54.00. The median estimate represents a +2.25% increase from the last price of 83.13.
Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.
GTT Communications, Inc. (NYSE:GTT)
GTT Communications, Inc. offers cloud networking; high bandwidth IP transit for content delivery and hosting as well as network-to-network carrier interconnects solutions and data connectivity solutions. The company’s network consists of a layer 2 switched Ethernet and IP transit or dedicated internet access. It operates primarily in North America, Europe and Asia. GTT Communications, Inc., formerly known as Global Telecom & Technology, Inc., is headquartered in McLean, Virginia.
GTT Communications, Inc. (NYSE:GTT)’s Financial Outlook
The 9 analysts offering 12-month price forecasts for GTT Communications Inc have a median target of 45.00, with a high estimate of 57.00 and a low estimate of 5.00. The median estimate represents a +68.79% increase from the last price of 26.66.
GTT Communications, Inc. is expected* to report earnings on 02/28/2019 before market open. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.14. The reported EPS for the same quarter last year was $0.04.
According to Zacks Investment Research, GTT Communications, Inc. has a Consensus Recommendation of 1.88. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).
The Stock surged 2.26% and closed its last trading session at $26.66. The company has the market capitalization of $1.48 Billion. The stock has 52-week high of $62.32 and 52-Week low of $21.68. The firm touched its 52-Week high on 62.32 and 52-Week low on 21.68. The company has volume of 611533 shares. The company has a total of 55.47 Million shares outstanding.
GTT Communications, Inc. (NYSE) in the last quarter reported its actual EPS of $-0.43/share where the analyst estimated EPS was $-0.61/share. The difference between the actual and Estimated EPS is $0.18. This shows a surprise factor of 29.5 percent.
The company has YTD performance of 12.68 percent. Beta for GTT Communications, Inc. stands at 1.34 while its ATR (average true range) is 1.63. The company has Weekly Volatility of 3.43%% and Monthly Volatility of 6.53%%.
GTT Communications, Inc. has distance from 20-day Simple Moving Average (SMA20) of 0.23%, Distance from 50-Day Simple Moving Average of -1.98 percent and Distance from 200-Day Simple Moving Average of -31.6%.
The Company currently has ROA (Return on Assets) of -7.4 percent, Return on Equity (ROE) of -67.7 Percent and Return on Investment (ROI) of 1.1% with Gross margin of 44.8 percent and Operating & Profit margin of 1.9% and -18.5% respectively.