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

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$221.80 -6.20 (-2.72 %)
(As of 05/23/2019 09:35 AM ET)
Previous Close$228.00
Today's Range$221.36 - $223.4450
52-Week Range$160.08 - $260.63
Volume76,475 shs
Average Volume1.09 million shs
Market Capitalization$20.79 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.84
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$0.7660 per share
Book Value$10.30 per share

Profitability

Net Income$-147,900,000.00

Miscellaneous

Employees5,348
Market Cap$20.79 billion
Next Earnings Date5/29/2019 (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 were Palo Alto Networks' earnings last quarter?

Palo Alto Networks Inc (NYSE:PANW) posted its quarterly earnings results on Tuesday, February, 26th. The network technology company reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.05 by $0.20. The network technology company earned $711 million during the quarter, compared to analysts' expectations 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 business's quarterly revenue was up 30.3% on a year-over-year basis. During the same quarter last year, the company 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 Wednesday, May 29th 2019. View Earnings Estimates for Palo Alto Networks.

How can I listen to Palo Alto Networks' earnings call?

Palo Alto Networks will be holding an earnings conference call on Wednesday, May 29th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8882543590.

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

Palo Alto Networks issued an update on its third quarter earnings guidance on Tuesday, February, 26th. The company provided earnings per share (EPS) guidance of 1.23-1.25 for the period, compared to the Thomson Reuters consensus EPS 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?

35 brokerages have issued 1-year price objectives for Palo Alto Networks' stock. Their forecasts range from $177.00 to $325.00. On average, they anticipate Palo Alto Networks' share price to reach $267.3912 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Palo Alto Networks.

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

35 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, 29 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 is benefiting from healthy demand environment, product launches and increasing adoption of its next-generation security platforms. Also, customer wins coupled with expansion of the existing customer base are other positives. We believe that the company’s acquisitions synergies will also boost revenues, going forward. Further, the strategic partnerships with the likes of VMware, Splunk and Citrix, bode well. Shares have outperformed the industry year to date. The company has positive record of earnings surprises in the trailing four quarters. Nonetheless, a volatile spending environment and competition from peers are concerns. Near-term prospects for Palo Alto are not promising as customer changing behavior recently hit several other players in this space. The company’s heavy investment to boost sales and marketing capabilities, particularly by increasing sales force, is an overhang on margins." (5/3/2019)
  • 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?

Media headlines about PANW stock have been trending very negative on Thursday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Palo Alto Networks earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned news stories about the network technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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), Novavax (NVAX), Micron Technology (MU), Tesla (TSLA), Adobe (ADBE), Paypal (PYPL) and Visa (V).

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 BlackRock Inc. (5.82%), Renaissance Technologies LLC (4.78%), JPMorgan Chase & Co. (1.88%), Northern Trust Corp (1.23%), American Century Companies Inc. (1.21%) and Pictet Asset Management Ltd. (1.07%). 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 Janus Henderson Group PLC, Marshall Wace North America L.P., California Public Employees Retirement System, American Century Companies Inc., Flossbach Von Storch AG, Hsbc Holdings PLC, SG Americas Securities LLC and Bank of Montreal Can. 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 acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, BlackRock Inc., Renaissance Technologies LLC, Primecap Management Co. CA, Nomura Asset Management Co. Ltd., Pictet Asset Management Ltd., Altshuler Shaham Ltd and Amundi Pioneer Asset Management Inc.. 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 $228.00.

How big of a company is Palo Alto Networks?

Palo Alto Networks has a market capitalization of $21.37 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:  1,724 (Vote Outperform)
Underperform Votes:  729 (Vote Underperform)
Total Votes:  2,453
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 5/23/2019 by MarketBeat.com Staff

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