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

Palo Alto Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "PANW."

Palo Alto Networks declared that its board has authorized a stock repurchase plan on Thursday, April 6th 2017, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Palo Alto Networks Inc (NYSE:PANW) released its quarterly earnings results on Monday, June, 4th. The network technology company reported ($0.05) EPS for the quarter, beating the Zacks' consensus estimate of ($0.13) by $0.08. The network technology company had revenue of $567.10 million for the quarter, compared to analyst estimates 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.

Palo Alto Networks is scheduled to release their next quarterly earnings announcement on Thursday, September, 6th 2018. View Earnings Estimates for Palo Alto Networks.

Palo Alto Networks issued an update on its fourth quarter earnings guidance on Monday, June, 4th. The company provided 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.

40 equities research analysts have issued 1 year price targets for Palo Alto Networks' shares. Their predictions 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 5.4%. View Analyst Price Targets 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." View Analyst Ratings for Palo Alto Networks.

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 Identiv (INVE).

News headlines about PANW stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Palo Alto Networks earned a news impact score of 0.20 on Accern's scale. They also gave press coverage about the network technology company an impact score of 46.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Palo Alto Networks.

Palo Alto Networks' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (4.01%), American Century Companies Inc. (1.86%), Canada Pension Plan Investment Board (1.57%), Voya Investment Management LLC (1.57%), Morgan Stanley (1.46%) and Cadian Capital Management LP (0.98%). 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.

PANW stock was sold by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., RWC Asset Management LLP, Renaissance Technologies LLC, Dorsal Capital Management LLC, Morgan Stanley, American Century Companies Inc., GAM Holding AG and Millennium Management LLC. 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.

PANW stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Bank of Montreal Can, First Trust Advisors LP, Altshuler Shaham Ltd, Criterion Capital Management LLC, Strs Ohio, Nomura Asset Management Co. Ltd. and Worldquant Millennium Quantitative Strategies LLC. View Insider Buying and Selling for 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.

One share of PANW stock can currently be purchased for approximately $212.62.

Palo Alto Networks has a market capitalization of $19.75 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.

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]