Palo Alto Networks, Inc. provides security platform solutions worldwide. Its platform includes Next-Generation Firewall that delivers application, user, and content visibility and control, as well as protection against network-based cyber threats; Advanced Endpoint Protection, which prevents cyber-attacks that exploit software vulnerabilities on various fixed, mobile, and virtual endpoints and servers; and Threat Intelligence Cloud, which offers central intelligence capabilities, security for software as a service applications, and automated delivery of preventative measures against cyber-attacks. 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
Stock Exchange NYSE
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNYSE:PANW
CUSIP69743510
Phone408-753-4000
Debt
Debt-to-Equity RatioN/A
Current Ratio1.13
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio-125.49
Forward P/E Ratio-794.74
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.76 billion
Price / Sales11.31
Cash FlowN/A
Price / CashN/A
Book Value$8.27 per share
Price / Book25.95
Profitability
EPS (Most Recent Fiscal Year)($1.71)
Net Income$-216,600,000.00
Net Margins-8.65%
Return on Equity-8.51%
Return on Assets-1.64%
Miscellaneous
Employees4,562
Outstanding Shares92,880,000
Market Cap$20,115.97
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 has approved a share buyback program on Thursday, April 6th 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.
How were Palo Alto Networks' earnings last quarter?
Palo Alto Networks Inc (NYSE:PANW) announced its quarterly earnings results on Monday, June, 4th. The network technology company reported ($0.05) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.13) by $0.08. The network technology company earned $567.10 million during the quarter, compared to the consensus estimate 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.
When is Palo Alto Networks' next earnings date?
What guidance has Palo Alto Networks issued on next quarter's earnings?
Palo Alto Networks updated 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 earnings per share 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.
What price target have analysts set for PANW?
40 brokers have issued 12-month price targets for Palo Alto Networks' shares. Their forecasts range from $120.00 to $262.00. On average, they anticipate Palo Alto Networks' share price to reach $201.0541 in the next year. This suggests that the stock has a possible downside of 6.3%. View Analyst Ratings for Palo Alto Networks.
What is the consensus analysts' recommendation 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."
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 posted strong results in for Q2 mainly driven by healthy demand environment, new product launches and increasing adoption of the company’s next-generation security platforms. Buoyed by robust Q2 performance, the company provided impressive guidance for the current quarter and also raised FY18 outlook. Revenue growth seems to be steady, aided by strength across all its geographical regions and business segments. Also, customer wins coupled with expansion of the existing customer base are the other positives. We believe that the company’s product refreshes and acquisitions synergies will boost revenues, going forward. Also, the strategic partnerships with the likes of VMware, Splunk and Citrix, will continue to bring in customers for Palo Alto thereby boosting the top line. The stock has outperformed the industry in a year’s time. Nonetheless, a volatile spending environment and competition from peers remain concerns." (3/8/2018)
- 2. Argus analysts commented, "Application Framework." (9/5/2017)
Who are some of Palo Alto Networks' key competitors?
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 Key Tronic (KTCC).
Who are Palo Alto Networks' key executives?
Palo Alto Networks' management team includes the folowing people:
- Mr. Mark F. Anderson, Pres (Age 56)
- Mr. Nir Zuk, Co-Founder, Exec. VP, CTO & Director (Age 46)
- Mr. René Bonvanie, Exec. VP & CMO (Age 56)
- Mr. Nikesh Arora, CEO & Chairman (Age 50)
- Mr. Yuming Mao, Co-Founder & Chief Architect
Has Palo Alto Networks been receiving favorable news coverage?
Headlines about PANW stock have been trending somewhat positive on Thursday, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of 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 0.24 on Accern's scale. They also assigned news articles about the network technology company an impact score of 45.15 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Palo Alto Networks' major shareholders?
Palo Alto Networks' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.59%), Fred Alger Management Inc. (0.22%), Scout Investments Inc. (0.15%), Essex Investment Management Co. LLC (0.09%), Mckinley Capital Management LLC Delaware (0.08%) and Heritage Investors Management Corp (0.05%). 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.
Which institutional investors are selling Palo Alto Networks stock?
PANW stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Mckinley Capital Management LLC Delaware, Gateway Investment Advisers LLC, Xact Kapitalforvaltning AB, Essex Investment Management Co. LLC, Heritage Investors Management Corp, Bourgeon Capital Management LLC and Stonebridge Capital Management Inc.. 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.
Which institutional investors are buying Palo Alto Networks stock?
PANW stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Scout Investments Inc., Hartwell J M Limited Partnership, Clinton Group Inc., Pennsylvania Trust Co, State of Alaska Department of Revenue, Schwab Charitable Fund and First Citizens Bank & Trust Co.. 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 $214.58.
How big of a company is Palo Alto Networks?
Palo Alto Networks has a market capitalization of $20.12 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.
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.
