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

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$240.88 +1.16 (+0.48 %)
(As of 03/18/2019 03:26 PM ET)
Previous Close$239.72
Today's Range$238.75 - $243.01
52-Week Range$160.08 - $260.63
Volume30,089 shs
Average Volume1.43 million shs
Market Capitalization$22.58 billion
P/E Ratio-437.67
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 Software - Application
Sub-IndustryCommunications Equipment
SectorComputer and Technology
CUSIP69743510
Phone408-753-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.27 billion
Cash Flow$0.7887 per share
Book Value$11.44 per share

Profitability

Net Income$-147,900,000.00

Miscellaneous

Employees5,856
Market Cap$22.58 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 declared that its Board of Directors has initiated a stock repurchase plan on Thursday, April 6th 2017, which allows the company to repurchase $500,000,000.00 in outstanding 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 plans are often a sign that the company's management believes its shares are undervalued.

How were Palo Alto Networks' earnings last quarter?

Palo Alto Networks Inc (NYSE:PANW) released its quarterly earnings data on Tuesday, February, 26th. The network technology company reported $1.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.22 by $0.29. The network technology company earned $711 million during the quarter, compared to analyst estimates of $682.32 million. Palo Alto Networks had a positive return on equity of 4.69% and a negative net margin of 3.47%. The company's revenue was up 30.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.97 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 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 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?

33 brokerages have issued 1-year price targets for Palo Alto Networks' shares. Their predictions range from $177.00 to $325.00. On average, they anticipate Palo Alto Networks' share price to reach $268.0294 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for Palo Alto Networks.

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

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. 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)
  • 2. According to Zacks Investment Research, "Palo Alto is benefiting 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’s buyouts of LightCyber, Secdo and RedLock will consistently broaden its portfolio and global reach. The stock has outperformed the industry in the past year. Estimates have been stable ahead of the company's second-quarter earnings release. The company boasts an impressive record of earnings surprises in recent quarters. Nonetheless, competition from several small and big players remains a concern. Heavy investments to enhance its sales and marketing capabilities, particularly by increasing the sales force, are an overhang on the operating margins." (2/7/2019)

Has Palo Alto Networks been receiving favorable news coverage?

Media stories about PANW stock have trended somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 1.1 on InfoTrie's scale. They also assigned news stories about the network technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near 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), Micron Technology (MU), Gilead Sciences (GILD), Tesla (TSLA), 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 institutional 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 institutional investors are buying Palo Alto Networks stock?

PANW stock was purchased 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 $240.89.

How big of a company is Palo Alto Networks?

Palo Alto Networks has a market capitalization of $22.58 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 5,856 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:  718 (Vote Underperform)
Total Votes:  2,430
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 3/18/2019 by MarketBeat.com Staff

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