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

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$242.36 -7.43 (-2.97 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$249.79
Today's Range$241.1401 - $250.09
52-Week Range$160.08 - $260.63
Volume1.01 million shs
Average Volume1.40 million shs
Market Capitalization$22.72 billion
P/E Ratio-440.65
Dividend YieldN/A
Beta0.86
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.

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Industry, Sector and Symbol

Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryCommunications Equipment
SectorComputer and Technology
CUSIP69743510
Phone408-753-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.27 billion
Cash Flow$0.7755 per share
Book Value$11.44 per share

Profitability

Net Income$-147,900,000.00

Miscellaneous

Employees5,348
Market Cap$22.72 billion
Next Earnings Date6/3/2019 (Estimated)
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 announced that its Board of Directors has approved a share repurchase program on Thursday, April 6th 2017, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.6% of its stock through open market purchases. Stock buyback programs 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) announced its quarterly earnings results on Tuesday, February, 26th. The network technology company reported $1.51 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.22 by $0.29. The network technology company had revenue of $711 million for the quarter, compared to the consensus estimate of $682.32 million. Palo Alto Networks had a negative net margin of 3.47% and a positive return on equity of 4.69%. The firm's revenue for the quarter was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.97 earnings per share. 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 Monday, June 3rd 2019. View Earnings Estimates for Palo Alto Networks.

What guidance has Palo Alto Networks issued on next quarter's earnings?

Palo Alto Networks updated its third quarter earnings guidance on Tuesday, February, 26th. The company provided EPS guidance of 1.23-1.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.25. The company issued revenue guidance of $697-707 million, compared to the consensus revenue estimate of $697.37 million.Palo Alto Networks also updated its Q3 2019 guidance to $1.23-1.25 EPS.

What price target have analysts set for PANW?

33 Wall Street analysts have issued 12-month target prices for Palo Alto Networks' shares. Their predictions range from $177.00 to $325.00. On average, they anticipate Palo Alto Networks' stock price to reach $268.0294 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Palo Alto Networks.

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

33 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There are currently 1 sell rating, 3 hold ratings, 28 buy ratings and 1 strong buy rating 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, "Palo Alto's Q2 results benefited from product strength and its growing adoption among clients. Strong demand environment, product launches and increasing acceptance of its next-generation security platforms are a tailwind. Customer wins coupled with expansion of the existing customer base are other positives. The company expects Demisto billings of approximately $50 million to $55 million in the year following the completion of the buyout. Shares outperformed the industry in the past year. Nonetheless, competition from several small and big players remains a concern. Near-term prospects for Palo Alto are not promising as customer changing behavior has recently hit several other players in this space.Heavy investments to enhance its sales and marketing capabilities, particularly by increasing the sales force, are an overhang on the operating margins." (3/20/2019)
  • 2. Maxim Group analysts commented, "Strong results driven by accelerating y/y product revenue growth and as q/q subscription growth continues to outpace q/q maintenance growth, suggesting increasing effective attach rates. Guidance healthily above consensus—in early innings of impact from uniqueness of PANW’s Application Framework (now called Cortex), in our view. Demisto acquisition announced last week in-line with expectation that PANW will extend from security to the intersection of security and AI. Raising price target to $304, from $280, on beat and raise." (2/27/2019)

Has Palo Alto Networks been receiving favorable news coverage?

News headlines about PANW stock have trended neutral recently, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog 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 daily sentiment score of 0.5 on InfoTrie's scale. They also assigned news stories about the network technology company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the near term.

Who are some of Palo Alto Networks' key competitors?

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), Tesla (TSLA), Gilead Sciences (GILD), Adobe (ADBE), Visa (V) and Paypal (PYPL).

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.51%), Canada Pension Plan Investment Board (1.52%), American Century Companies Inc. (1.35%), Northern Trust Corp (1.20%), Two Sigma Advisers LP (1.18%) and Bank of New York Mellon Corp (1.15%). Company insiders that own Palo Alto Networks stock include Carl M Eschenbach, James J Goetz, 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 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, American Century Companies Inc. and BlackRock Inc.. 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 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 bought by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, 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 and California Public Employees Retirement System. 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 $242.36.

How big of a company is Palo Alto Networks?

Palo Alto Networks has a market capitalization of $22.72 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?

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 (star star star half star)
Outperform Votes:  1,712 (Vote Outperform)
Underperform Votes:  719 (Vote Underperform)
Total Votes:  2,431
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 3/22/2019 by MarketBeat.com Staff

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