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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNYSE:PANW
Previous Symbol
CUSIP69743510
Phone408-753-4000
Debt
Debt-to-Equity Ratio1.10
Current Ratio2.10
Quick Ratio2.10
Price-To-Earnings
Trailing P/E Ratio-334.60
Forward P/E Ratio259.20
P/E Growth11.04
Sales & Book Value
Annual Sales$2.27 billion
Price / Sales7.68
Cash Flow$0.7865 per share
Price / Cash Flow233.98
Book Value$13.21 per share
Price / Book13.93
Profitability
EPS (Most Recent Fiscal Year)($0.55)
Net Income$-147,900,000.00
Net Margins-5.04%
Return on Equity-1.72%
Return on Assets-0.32%
Miscellaneous
Employees5,348
Outstanding Shares94,880,000
Market Cap$17.46 billion
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 has approved a stock buyback program on Thursday, April 6th 2017, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.6% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.
How were Palo Alto Networks' earnings last quarter?
Palo Alto Networks Inc (NYSE:PANW) issued its earnings results on Thursday, November, 29th. The network technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.03) by $0.02. The network technology company earned $656 million during the quarter, compared to analyst estimates of $632.16 million. Palo Alto Networks had a negative net margin of 5.04% and a negative return on equity of 1.72%. The firm's revenue was up 30.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.74 EPS. 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 second quarter earnings guidance on Thursday, November, 29th. The company provided earnings per share guidance of $1.20-1.22 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.20. The company issued revenue guidance of +24-26% to $675-685 million, compared to the consensus revenue estimate of $668.88 million.Palo Alto Networks also updated its Q2 2019 guidance to $1.20-1.22 EPS.
What price target have analysts set for PANW?
38 equities research analysts have issued twelve-month target prices for Palo Alto Networks' shares. Their predictions range from $145.00 to $282.00. On average, they anticipate Palo Alto Networks' share price to reach $239.7059 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for Palo Alto Networks.
What is the consensus analysts' recommendation for Palo Alto Networks?
38 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palo Alto Networks in the last year. There are currently 1 sell rating, 5 hold ratings, 30 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Palo Alto Networks.
Has Palo Alto Networks been receiving favorable news coverage?
Media headlines about PANW stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media 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 closest to five being the most favorable. Palo Alto Networks earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news headlines about the network technology company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are some of Palo Alto Networks' key competitors?
Some companies that are related to Palo Alto Networks include Fortinet (FTNT), Xerox (XRX), Logitech International (LOGI), SEIKO EPSON COR/ADR (SEKEY), FireEye (FEYE), HTC (HTCXF), Forescout Technologies (FSCT), Stratasys (SSYS), Digital China (DCHIF), Mitek Systems (MITK), Immersion (IMMR), AstroNova (ALOT), RADCOM (RDCM), RadiSys (RSYS) and TransAct Technologies (TACT).
Who are Palo Alto Networks' key executives?
Palo Alto Networks' management team includes the folowing people:
- Mr. Nikesh Arora, CEO & Chairman (Age 50)
- Ms. Kathleen Bonanno, CFO & Exec. VP (Age 56)
- Mr. René Bonvanie, Exec. VP & Chief Marketing Officer (Age 56)
- Mr. Lee Klarich, Exec. VP & Chief Product Officer (Age 43)
- Mr. Mark F. Anderson, Advisor (Age 56)
Who are Palo Alto Networks' major shareholders?
Palo Alto Networks' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.17%), Vanguard Group Inc (8.13%), BlackRock Inc. (5.64%), Renaissance Technologies LLC (4.93%), Clearbridge Investments LLC (2.75%) and Canada Pension Plan Investment Board (1.70%). Company insiders that own Palo Alto Networks stock include Carl M Eschenbach, 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 Verition Fund Management LLC, Putnam Investments LLC, Credit Suisse AG, BlackRock Inc., Bank of New York Mellon Corp, American Century Companies Inc., FMR LLC and Smith Asset Management Group LP. Company insiders that have sold Palo Alto Networks company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Point72 Asset Management L.P., Janus Henderson Group PLC, Canada Pension Plan Investment Board, Altshuler Shaham Ltd, Vanguard Group Inc, Vanguard Group Inc. and Bowen Hanes & Co. 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 $184.03.
How big of a company is Palo Alto Networks?
Palo Alto Networks has a market capitalization of $17.46 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?
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.
