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

$210.42
+1.12 (+0.54 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$210.00
Now: $210.42
$214.62
50-Day Range
$199.27
MA: $207.11
$216.57
52-Week Range
$160.08
Now: $210.42
$260.63
Volume1.09 million shs
Average Volume1.14 million shs
Market Capitalization$20.41 billion
P/E Ratio334.00
Dividend YieldN/A
Beta0.99
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. Read More…

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$2.90 billion
Cash Flow$5.08 per share
Book Value$16.35 per share

Profitability

Net Income$-81,900,000.00

Miscellaneous

Employees7,014
Market Cap$20.41 billion
Next Earnings Date12/5/2019 (Estimated)
OptionableOptionable

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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) announced its quarterly earnings data on Wednesday, September, 4th. The network technology company reported $0.19 EPS for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.08. The network technology company had revenue of $805.80 million for the quarter, compared to analysts' expectations of $803.56 million. Palo Alto Networks had a positive return on equity of 4.82% and a negative net margin of 2.82%. The business's quarterly revenue was up 22.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.28 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 Thursday, December 5th 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 FY20 earnings guidance on Wednesday, September, 4th. The company provided earnings per share (EPS) guidance of $5.00-5.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.27. The company issued revenue guidance of $3.44-3.48 billion, compared to the consensus revenue estimate of $3.45 billion.

What price target have analysts set for PANW?

31 Wall Street analysts have issued 12 month price targets for Palo Alto Networks' stock. Their predictions range from $177.00 to $316.00. On average, they expect Palo Alto Networks' share price to reach $260.26 in the next year. This suggests a possible upside of 23.7% from the stock's current price. View Analyst Price Targets for Palo Alto Networks.

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

31 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, 24 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. Northland Securities analysts commented, "We maintain our Market Perform rating and look towards further execution." (9/16/2019)
  • 2. Rosenblatt Securities analysts commented, "We are initiating coverage of PANW with a Neutral rating. We believe PANW is a transition story. The fundamental question among many investors is whether the company can successfully transition from its perimeter-based firewall roots to be relevant in today’s cloud-first world where the security perimeter is not clearly defined. In our view, the company has a compelling product vision and is well on its way of becoming the vendor with most comprehensive security solutions to address not just the cloud and not just the on-premise environments but a highly complex hybrid one, which is the real solution every large organization is looking for. To that end, the company already offers robust endpoint security and cloud security, including a cloud version of its firewall (NGFW) capabilities." (9/9/2019)
  • 3. Maxim Group analysts commented, "Sustained 20+% billings growth solid, Next-Gen security growth impresses. F1Q20 revenue guidance slightly below consensus, likely due to conservatism. FY20 & FY22 guidance above consensus on billings, as Next-Gen security growth accelerates. On raised FY20 billings estimates to in-line with guidance, raising 12-month price target to $316, from $304." (9/5/2019)
  • 4. Evercore ISI analysts commented, "We are encouraged by both the results in the quarter and the continued push to consolidate security solutions for the cloud. With continued execution the stock should rerate to at least the ~20x FCF range with potential for upside beyond that as the business becomes more ratable over time, in our view. $290 PT." (6/2/2019)
  • 5. 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)

Has Palo Alto Networks been receiving favorable news coverage?

News headlines about PANW stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Palo Alto Networks earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news headlines about the network technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Palo Alto Networks.

Are investors shorting Palo Alto Networks?

Palo Alto Networks saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 6,740,000 shares, an increase of 5.3% from the August 30th total of 6,400,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the days-to-cover ratio is presently 5.1 days. Currently, 7.2% of the company's stock are short sold. View Palo Alto Networks' Current Options Chain.

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), Novavax (NVAX), Paypal (PYPL), Visa (V), Adobe (ADBE) and Gilead Sciences (GILD).

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 institutional and retail investors. Top institutional investors include TIAA FSB (0.03%), Rothschild Investment Corp IL (0.03%), Chesley Taft & Associates LLC (0.03%), Hartwell J M Limited Partnership (0.02%), Crossmark Global Holdings Inc. (0.01%) and Bangor Savings Bank (0.01%). 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 Hartwell J M Limited Partnership, First Hawaiian Bank, Crossmark Global Holdings Inc., Lucia Wealth Services LLC, Bangor Savings Bank, Diversified Trust Co, Landsberg Bennett & Dubbaneh LLC and Chesley Taft & Associates LLC. 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 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 TIAA FSB, Perpetual Ltd, Altfest L J & Co. Inc., Rockland Trust Co., Clarus Wealth Advisors, Cerebellum GP LLC, Cerebellum GP LLC and Rothschild Investment Corp IL. 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, Robinhood, Fidelity and Charles Schwab.

What is Palo Alto Networks' stock price today?

One share of PANW stock can currently be purchased for approximately $210.42.

How big of a company is Palo Alto Networks?

Palo Alto Networks has a market capitalization of $20.41 billion and generates $2.90 billion in revenue each year. The network technology company earns $-81,900,000.00 in net income (profit) each year or $0.63 on an earnings per share basis. Palo Alto Networks employs 7,014 workers across the globe.View Additional Information About Palo Alto Networks.

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:  1,770 (Vote Outperform)
Underperform Votes:  758 (Vote Underperform)
Total Votes:  2,528
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 10/13/2019 by MarketBeat.com Staff

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