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

$242.07

-1.19 (-0.49 %)

(As of 01/17/2020 04:00 PM ET)

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Today's Range

$240.75

Now: $242.07▼

$244.39

50-Day Range

$224.32

MA: $232.16▼

$243.29

52-Week Range

$192.17

Now: $242.07▼

$260.63

Volume1.03 million shs

Average Volume931,063 shs

Market Capitalization$23.71 billion

P/E Ratio384.24

Dividend YieldN/A

Beta0.94

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. Read More…

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Computer peripheral equipment, not elsewhere classified

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNYSE:PANW

Previous Symbol

CUSIP69743510

CIK1327567

Webhttp://www.paloaltonetworks.com/

Phone408-753-4000

Debt

Debt-to-Equity Ratio1.20

Current Ratio1.78

Quick Ratio1.78

Price-To-Earnings

Trailing P/E Ratio384.24

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.90 billion

Price / Sales8.18

Cash Flow$5.10 per share

Price / Cash Flow47.48

Book Value$16.35 per share

Price / Book14.81

Profitability

EPS (Most Recent Fiscal Year)$0.63

Net Income$-81,900,000.00

Net Margins-3.42%

Return on Equity2.43%

Return on Assets0.54%

Miscellaneous

Employees7,014

Outstanding Shares97,957,000

Market Cap$23.71 billion

Next Earnings Date2/25/2020 (Estimated)

OptionableOptionable

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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 were Palo Alto Networks' earnings last quarter?

Palo Alto Networks Inc (NYSE:PANW) released its quarterly earnings results on Monday, November, 25th. The network technology company reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.17) by $1.22. The network technology company had revenue of $772 million for the quarter, compared to the consensus estimate of $769.34 million. Palo Alto Networks had a positive return on equity of 2.43% and a negative net margin of 3.42%. The firm's quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.17 EPS. View Palo Alto Networks' Earnings History.

When is Palo Alto Networks' next earnings date?

Palo Alto Networks is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Palo Alto Networks.

What price target have analysts set for PANW?

32 brokers have issued 1 year price targets for Palo Alto Networks' shares. Their forecasts range from $195.00 to $316.00. On average, they expect Palo Alto Networks' share price to reach $266.47 in the next year. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for Palo Alto Networks.

What is the consensus analysts' recommendation for Palo Alto Networks?

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There are currently 1 sell rating, 7 hold ratings and 24 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Palo Alto Networks.

What are Wall Street analysts saying about Palo Alto Networks stock?

Here are some recent quotes from research analysts about Palo Alto Networks stock:

1. According to Zacks Investment Research, "Strong demand for its cloud security products drives Palo Alto’s first-quarter fiscal 2020 results. Several deal wins and growing adoption of its next-generation security platforms were positives. Strong traction in Prisma and Cortex offerings is another tailwind. Also, Palo Alto’s continued efforts to bring automation across its product portfolio by using AI and ML are boosting its footing in the cloud security market. Palo Alto’s recent acquisition synergies are also expected to boost revenues, going forward. However, continued acquisitions and heavy investment in marketing are hurting the company’s operating margin. Furthermore, U.S. tariff on Chinese goods is expected to negatively impact the bottom line. Volatile spending environment is also a negative. Shares of the company have underperformed the industry year to date." (11/29/2019)
2. Northland Securities analysts commented, "We maintain our Market Perform rating and look towards further execution." (9/16/2019)
3. Rosenblatt Securities analysts commented, "We are initiating coverage of PANW with a Neutral rating. We believe PANW is a transition story. The fundamental question among many investors is whether the company can successfully transition from its perimeter-based firewall roots to be relevant in today’s cloud-first world where the security perimeter is not clearly defined. In our view, the company has a compelling product vision and is well on its way of becoming the vendor with most comprehensive security solutions to address not just the cloud and not just the on-premise environments but a highly complex hybrid one, which is the real solution every large organization is looking for. To that end, the company already offers robust endpoint security and cloud security, including a cloud version of its firewall (NGFW) capabilities." (9/9/2019)
4. Maxim Group analysts commented, "Sustained 20+% billings growth solid, Next-Gen security growth impresses. F1Q20 revenue guidance slightly below consensus, likely due to conservatism. FY20 & FY22 guidance above consensus on billings, as Next-Gen security growth accelerates. On raised FY20 billings estimates to in-line with guidance, raising 12-month price target to $316, from $304." (9/5/2019)
5. Evercore ISI analysts commented, "We are encouraged by both the results in the quarter and the continued push to consolidate security solutions for the cloud. With continued execution the stock should rerate to at least the ~20x FCF range with potential for upside beyond that as the business becomes more ratable over time, in our view. $290 PT." (6/2/2019)

Has Palo Alto Networks been receiving favorable news coverage?

News stories about PANW stock have trended very negative on Friday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Palo Alto Networks earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave news stories about the network technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Palo Alto Networks.

Are investors shorting Palo Alto Networks?

Palo Alto Networks saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,890,000 shares, a decline of 13.7% from the December 15th total of 3,350,000 shares. Based on an average daily volume of 1,150,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 3.1% of the shares of the stock are short sold. View Palo Alto Networks' Current Options Chain.

Who are some of Palo Alto Networks' key competitors?

Some companies that are related to Palo Alto Networks include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR), Comtech Telecomm. (CMTL) and NetGear (NTGR).

What other stocks do shareholders of Palo Alto Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Palo Alto Networks investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), salesforce.com (CRM), Micron Technology (MU), Paypal (PYPL), Visa (V), Novavax (NVAX), Walt Disney (DIS) and Tesla (TSLA).

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 shareholders include Heritage Investors Management Corp (0.10%), Peregrine Capital Management LLC (0.09%), Commerzbank Aktiengesellschaft FI (0.06%), Tocqueville Asset Management L.P. (0.06%), Reilly Financial Advisors LLC (0.06%) and DNB Asset Management AS (0.04%). Company insiders that own Palo Alto Networks stock include Carl M Eschenbach, Jean Compeau, 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 Commerzbank Aktiengesellschaft FI, Bangor Savings Bank, Reilly Financial Advisors LLC, Tocqueville Asset Management L.P., Steward Partners Investment Advisory LLC, B & T Capital Management DBA Alpha Capital Management, Dubuque Bank & Trust Co. and Chesley Taft & Associates LLC. Company insiders that have sold Palo Alto Networks company stock in the last year include Carl M Eschenbach, Jean Compeau, Kathleen Bonanno, Lee Klarich, Mark D Mclaughlin, Nir Zuk and Rene Bonvanie. 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 Johanson Financial Advisors Inc., DNB Asset Management AS, Assenagon Asset Management S.A., Nisa Investment Advisors LLC, Heritage Investors Management Corp, Tributary Capital Management LLC, Cerebellum GP LLC and Perigon Wealth Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Palo Alto Networks' stock price today?

One share of PANW stock can currently be purchased for approximately $242.07.

How big of a company is Palo Alto Networks?

Palo Alto Networks has a market capitalization of $23.71 billion and generates $2.90 billion in revenue each year. The network technology company earns $-81,900,000.00 in net income (profit) each year or $0.63 on an earnings per share basis. Palo Alto Networks employs 7,014 workers across the globe.View Additional Information About Palo Alto Networks.

What is Palo Alto Networks' official website?

The official website for Palo Alto Networks is http://www.paloaltonetworks.com/.

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)

Community Ranking:		3.5 out of 5 ( )
Outperform Votes:		1,793 (Vote Outperform)
Underperform Votes:		791 (Vote Underperform)
Total Votes:		2,584

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.

This page was last updated on 1/17/2020 by MarketBeat.com Staff

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