NYSE:PANW - Palo Alto Networks Stock Price, News, Headlines & Rumors

Palo Alto Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "PANW."

Palo Alto Networks announced that its board has approved a share buyback program on Thursday, April 6th 2017, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Palo Alto Networks Inc (NYSE:PANW) issued its quarterly earnings data on Monday, June, 4th. The network technology company reported ($0.05) EPS for the quarter, topping the Zacks' consensus estimate of ($0.13) by $0.08. The network technology company earned $567.10 million during the quarter, compared to analysts' expectations of $545.79 million. Palo Alto Networks had a negative net margin of 8.65% and a negative return on equity of 8.51%. View Palo Alto Networks' Earnings History.

Palo Alto Networks is scheduled to release their next quarterly earnings announcement on Thursday, September, 6th 2018. View Earnings Estimates for Palo Alto Networks.

Palo Alto Networks issued an update on its fourth quarter earnings guidance on Monday, June, 4th. The company provided earnings per share (EPS) guidance of $1.15-1.17 for the period, compared to the Thomson Reuters consensus estimate of $1.21. The company issued revenue guidance of $625-635 million, compared to the consensus revenue estimate of $618.84 million.Palo Alto Networks also updated its FY18 guidance to $3.86-3.89 EPS.

40 Wall Street analysts have issued 1-year target prices for Palo Alto Networks' shares. Their predictions range from $120.00 to $262.00. On average, they anticipate Palo Alto Networks' share price to reach $201.0541 in the next twelve months. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for Palo Alto Networks.

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There are currently 1 sell rating, 4 hold ratings and 35 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Palo Alto Networks.

Some companies that are related to Palo Alto Networks include Fortinet (FTNT), Logitech International (LOGI), SEIKO EPSON Cor/GDR (SEKEY), Xerox (XRX), FireEye (FEYE), HTC (HTCXF), Forescout Technologies (FSCT), Stratasys (SSYS), Digital China (DCHIF), Immersion (IMMR), Mitek Systems (MITK), RADCOM (RDCM), AstroNova (ALOT), TransAct Technologies (TACT) and Identiv (INVE).

Media stories about PANW stock have trended somewhat positive on Thursday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Palo Alto Networks earned a news impact score of 0.02 on Accern's scale. They also assigned media stories about the network technology company an impact score of 46.20 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Palo Alto Networks.

Palo Alto Networks' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (4.01%), American Century Companies Inc. (1.86%), Canada Pension Plan Investment Board (1.57%), Voya Investment Management LLC (1.57%), Morgan Stanley (1.46%) and Cadian Capital Management LP (0.98%). Company insiders that own Palo Alto Networks stock include Carl M Eschenbach, Daniel J Warmenhoven, James J Goetz, Kathleen Bonanno, Lee Klarich, Mark Anderson, Mark D Mclaughlin, Nikesh Arora, Nir Zuk, Rene Bonvanie, Stanley J Meresman and Steffan Tomlinson. View Institutional Ownership Trends for Palo Alto Networks.

PANW stock was sold by a variety of institutional investors in the last quarter, including RWC Asset Management LLP, Renaissance Technologies LLC, Dorsal Capital Management LLC, Morgan Stanley, American Century Companies Inc., GAM Holding AG, Millennium Management LLC and Voya Investment Management LLC. Company insiders that have sold Palo Alto Networks company stock in the last year include Carl M Eschenbach, James J Goetz, 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.

PANW stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Bank of Montreal Can, First Trust Advisors LP, Altshuler Shaham Ltd, Criterion Capital Management LLC, Strs Ohio, Nomura Asset Management Co. Ltd. and Worldquant Millennium Quantitative Strategies LLC. View Insider Buying and Selling for 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.

One share of PANW stock can currently be purchased for approximately $210.50.

Palo Alto Networks has a market capitalization of $19.75 billion and generates $1.76 billion in revenue each year. The network technology company earns $-216,600,000.00 in net income (profit) each year or ($1.71) on an earnings per share basis. Palo Alto Networks employs 4,562 workers across the globe.

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]