Palo Alto Networks, Inc. provides security platform solutions worldwide. The company provides firewall appliances and software; Panorama, a security management solution for the control of appliances deployed on an end-customer's network as a virtual or a physical appliance; and Virtual System Upgrades, which are available as extensions to the virtual system capacity that ships with physical appliances. It also offers subscription services covering the areas of threat prevention, uniform resource locator filtering, malware and persistent threat, laptop and mobile device protection, and firewall, as well as cyber-attack, threat intelligence, and content control. In addition, the company provides support services; and professional services, including application traffic management, solution design and planning, configuration, and firewall migration, as well as online and classroom-style education training services. Palo Alto Networks, Inc. sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was founded in 2005 and is headquartered in Santa Clara, California.
Industry, Sector and Symbol
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Phone408-753-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.27 billion
Profitability
Miscellaneous
Employees5,348
Next Earnings Date2/26/2019 (Confirmed)
OptionableOptionable
Palo Alto Networks (NYSE:PANW) Frequently Asked Questions
What is Palo Alto Networks' stock symbol?
Palo Alto Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "PANW."
How will Palo Alto Networks' stock buyback program work?
Palo Alto Networks declared that its board has approved a share buyback plan on Thursday, April 6th 2017, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.
How were Palo Alto Networks' earnings last quarter?
Palo Alto Networks Inc (NYSE:PANW) posted its quarterly earnings data on Thursday, November, 29th. The network technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.03) by $0.02. The network technology company earned $656 million during the quarter, compared to the consensus estimate of $632.16 million. Palo Alto Networks had a negative net margin of 5.04% and a negative return on equity of 1.72%. The business's revenue was up 30.7% compared to the same quarter last year. During the same period last year, the company posted $0.74 EPS. View Palo Alto Networks' Earnings History.
When is Palo Alto Networks' next earnings date?
How can I listen to Palo Alto Networks' earnings call?
Palo Alto Networks will be holding an earnings conference call on Tuesday, February 26th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8557195012.
What guidance has Palo Alto Networks issued on next quarter's earnings?
Palo Alto Networks issued an update on its second quarter earnings guidance on Thursday, November, 29th. The company provided EPS guidance of $1.20-1.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.20. The company issued revenue guidance of +24-26% to $675-685 million, compared to the consensus revenue estimate of $668.88 million.Palo Alto Networks also updated its Q2 2019 guidance to $1.20-1.22 EPS.
What price target have analysts set for PANW?
36 Wall Street analysts have issued 1-year price targets for Palo Alto Networks' stock. Their forecasts range from $145.00 to $282.00. On average, they anticipate Palo Alto Networks' share price to reach $246.3609 in the next year. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Price Targets for Palo Alto Networks.
What is the consensus analysts' recommendation for Palo Alto Networks?
36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There are currently 1 sell rating, 2 hold ratings, 31 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Palo Alto Networks.
Has Palo Alto Networks been receiving favorable news coverage?
Headlines about PANW stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Palo Alto Networks earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned press coverage about the network technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term.
Who are some of Palo Alto Networks' key competitors?
Some companies that are related to Palo Alto Networks include Fortinet (FTNT), Xerox (XRX), Logitech International (LOGI), SEIKO EPSON COR/ADR (SEKEY), FireEye (FEYE), HTC (HTCXF), Forescout Technologies (FSCT), Stratasys (SSYS), Digital China (DCHIF), Mitek Systems (MITK), Immersion (IMMR), AstroNova (ALOT), RADCOM (RDCM), Identiv (INVE) and TransAct Technologies (TACT).
What other stocks do shareholders of Palo Alto Networks own?
Who are Palo Alto Networks' key executives?
Palo Alto Networks' management team includes the folowing people:
- Mr. Nikesh Arora, CEO & Chairman (Age 51)
- Ms. Kathleen Bonanno, CFO & Exec. VP (Age 57)
- Mr. René Bonvanie, Exec. VP & Chief Marketing Officer (Age 57)
- Mr. Lee Klarich, Exec. VP & Chief Product Officer (Age 44)
- Mr. Mark F. Anderson, Advisor (Age 57)
Who are Palo Alto Networks' major shareholders?
Palo Alto Networks' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.51%), Canada Pension Plan Investment Board (1.52%), Northern Trust Corp (1.20%), Two Sigma Advisers LP (1.18%), Bank of New York Mellon Corp (1.15%) and Geode Capital Management LLC (0.85%). Company insiders that own Palo Alto Networks stock include Carl M Eschenbach, James J Goetz, Kathleen Bonanno, Lee Klarich, Mark Anderson, Mark D Mclaughlin, Nikesh Arora, Nir Zuk, Rene Bonvanie and Stanley J Meresman. View Institutional Ownership Trends for Palo Alto Networks.
Which major investors are selling Palo Alto Networks stock?
PANW stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Lord Abbett & CO. LLC, 1832 Asset Management L.P., Frontier Capital Management Co. LLC, Two Sigma Advisers LP, Canada Pension Plan Investment Board, BlackRock Inc. and Amundi Pioneer Asset Management Inc.. Company insiders that have sold Palo Alto Networks company stock in the last year include Kathleen Bonanno, Lee Klarich, Mark Anderson, Mark D Mclaughlin, Nir Zuk, Rene Bonvanie and Stanley J Meresman. View Insider Buying and Selling for Palo Alto Networks.
Which major investors are buying Palo Alto Networks stock?
PANW stock was purchased by a variety of institutional investors in the last quarter, including Clal Insurance Enterprises Holdings Ltd, MUFG Securities EMEA plc, Flossbach Von Storch AG, Bank of New York Mellon Corp, Sumitomo Mitsui Asset Management Company LTD, California Public Employees Retirement System, Atalanta Sosnoff Capital LLC and Altshuler Shaham Ltd. View Insider Buying and Selling for Palo Alto Networks.
How do I buy shares of Palo Alto Networks?
Shares of PANW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Palo Alto Networks' stock price today?
One share of PANW stock can currently be purchased for approximately $226.18.
How big of a company is Palo Alto Networks?
Palo Alto Networks has a market capitalization of $21.46 billion and generates $2.27 billion in revenue each year. The network technology company earns $-147,900,000.00 in net income (profit) each year or ($0.55) on an earnings per share basis. Palo Alto Networks employs 5,348 workers across the globe.
What is Palo Alto Networks' official website?
How can I contact Palo Alto Networks?
Palo Alto Networks' mailing address is 3000 TANNERY WAY, SANTA CLARA CA, 95054. The network technology company can be reached via phone at 408-753-4000 or via email at [email protected]
MarketBeat Community Rating for Palo Alto Networks (NYSE PANW)
MarketBeat's community ratings are surveys of what our community members think about Palo Alto Networks and other stocks. Vote "Outperform" if you believe PANW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PANW will underperform the S&P 500 over the long term. You may vote once every thirty days.
