Palo Alto Networks (NASDAQ:PANW – Free Report) had its worth goal lifted by Susquehanna from $217.50 to $230.00 in a analysis report report printed on Tuesday,Benzinga stories. The agency presently has a optimistic ranking on the community know-how firm’s inventory.
A number of different brokerages have additionally commented on PANW. TD Cowen upped their goal worth on Palo Alto Networks from $200.00 to $210.00 and gave the corporate a “purchase” ranking in a analysis report on Thursday, November twenty first. Deutsche Financial institution Aktiengesellschaft reiterated a “maintain” ranking and issued a $190.00 worth goal (down beforehand from $207.00) on shares of Palo Alto Networks in a report on Wednesday, January eighth. Royal Financial institution of Canada reiterated an “outperform” ranking and issued a $225.00 worth goal on shares of Palo Alto Networks in a report on Monday, February tenth. OTR World reiterated a “detrimental” ranking on shares of Palo Alto Networks in a report on Thursday, November seventh. Lastly, JMP Securities elevated their worth goal on Palo Alto Networks from $208.00 to $212.00 and gave the inventory a “market outperform” ranking in a report on Friday, February 14th. Three equities analysis analysts have rated the inventory with a promote ranking, twelve have issued a maintain ranking, twenty-nine have given a purchase ranking and one has assigned a powerful purchase ranking to the corporate’s inventory. In response to information from MarketBeat.com, Palo Alto Networks has a median ranking of “Reasonable Purchase” and a consensus worth goal of $202.70.
Examine Out Our Newest Inventory Evaluation on PANW
Palo Alto Networks Value Efficiency
Shares of Palo Alto Networks inventory opened at $208.28 on Tuesday. Palo Alto Networks has a one yr low of $130.04 and a one yr excessive of $208.35. The inventory’s 50-day shifting common is $186.84 and its 200 day shifting common is $182.29. The agency has a market cap of $136.67 billion, a price-to-earnings ratio of 54.24, a PEG ratio of 5.36 and a beta of 1.14.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) final introduced its earnings outcomes on Thursday, February thirteenth. The community know-how firm reported $0.81 EPS for the quarter, beating the consensus estimate of $0.75 by $0.06. Palo Alto Networks had a return on fairness of 23.36% and a internet margin of 32.99%. The corporate had income of $2.26 billion for the quarter, in comparison with analyst estimates of $2.24 billion. On common, sell-side analysts anticipate that Palo Alto Networks will publish 1.74 EPS for the present fiscal yr.
Insider Exercise
In different information, EVP Nir Zuk offered 336,000 shares of Palo Alto Networks inventory in a transaction on Monday, November twenty fifth. The inventory was offered at a median worth of $193.70, for a complete worth of $65,081,520.00. Following the completion of the transaction, the manager vice chairman now immediately owns 3,643,516 shares within the firm, valued at roughly $705,730,831.62. The commerce was a 8.44 % lower of their possession of the inventory. The sale was disclosed in a doc filed with the Securities & Trade Fee, which could be accessed by way of the SEC web site. Additionally, CAO Josh D. Paul offered 700 shares of Palo Alto Networks inventory in a transaction on Monday, February third. The shares had been offered at a median worth of $181.22, for a complete worth of $126,854.00. Following the completion of the transaction, the chief accounting officer now owns 47,976 shares of the corporate’s inventory, valued at roughly $8,694,210.72. This commerce represents a 1.44 % lower of their possession of the inventory. The disclosure for this sale could be discovered right here. During the last three months, insiders offered 1,458,864 shares of firm inventory value $269,397,331. 2.50% of the inventory is owned by company insiders.
Institutional Traders Weigh In On Palo Alto Networks
A number of massive traders have lately added to or decreased their stakes in PANW. Vanguard Group Inc. boosted its stake in Palo Alto Networks by 104.4% in the course of the fourth quarter. Vanguard Group Inc. now owns 61,233,907 shares of the community know-how firm’s inventory valued at $11,142,122,000 after shopping for an extra 31,281,359 shares in the course of the interval. Geode Capital Administration LLC boosted its stake in Palo Alto Networks by 87.8% in the course of the fourth quarter. Geode Capital Administration LLC now owns 14,382,116 shares of the community know-how firm’s inventory valued at $2,611,013,000 after shopping for an extra 6,725,148 shares in the course of the interval. Norges Financial institution purchased a brand new stake in Palo Alto Networks in the course of the fourth quarter valued at $970,736,000. Northern Belief Corp boosted its stake in Palo Alto Networks by 133.7% in the course of the fourth quarter. Northern Belief Corp now owns 7,842,647 shares of the community know-how firm’s inventory valued at $1,427,048,000 after shopping for an extra 4,486,654 shares in the course of the interval. Lastly, Capital Analysis World Traders lifted its stake in Palo Alto Networks by 83.8% in the course of the fourth quarter. Capital Analysis World Traders now owns 8,427,062 shares of the community know-how firm’s inventory value $1,533,419,000 after buying an extra 3,841,359 shares over the past quarter. Institutional traders personal 79.82% of the corporate’s inventory.
Palo Alto Networks Firm Profile
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Palo Alto Networks, Inc offers cybersecurity options worldwide. The corporate provides firewall home equipment and software program; and Panorama, a safety administration answer for the worldwide management of community safety platform as a digital or a bodily equipment. It additionally offers subscription companies overlaying the areas of menace prevention, malware and chronic menace, URL filtering, laptop computer and cell machine safety, DNS safety, Web of Issues safety, SaaS safety API, and SaaS safety inline, in addition to menace intelligence, and information loss prevention.
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