Palo Alto Networks, Inc. (PANW) Announces Earnings Results

Posted November 22, 2017

Analysts reported that the Price Target for Palo Alto Networks, Inc. might touch $196 high while the Average Price Target and Low price Target is $161.87 and $114 respectively. Therefore 76% are positive. Royal Bank Of Canada raised their price target on shares of Palo Alto Networks from $159.00 to $175.00 and gave the stock an "outperform" rating in a report on Tuesday. $168's average target is 8.39% above currents $154.99 stock price. The mean target price as estimated by the analysts for the company has been recorded at $160.74. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating and thirty have issued a buy rating to the company's stock. As per Wednesday, August 31, the company rating was maintained by Nomura. (NYSE:PANW)'s stock had its "buy" rating reissued by research analysts at Oppenheimer Holdings, Inc.in a research report issued to clients and investors on Tuesday. The company was maintained on Friday, May 27 by Goldman Sachs. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, June 1.

Just yesterday Palo Alto Networks (NYSE:PANW) traded -1.44% lower at $147.20. The firm has "Buy" rating by Maxim Group given on Wednesday, March 1. Needham maintained the stock with "Buy" rating in Thursday, September 10 report. "We're encouraged by PANW's upward momentum that negates any uncertainty regarding the broader network security landscape". The typical day in the last one month has seen about a 2.28% volatility.

About 74,313 shares traded. For the next 5 years, Palo Alto Networks, Inc.is expecting Growth of 23.53% per annum, whereas in the past 5 years the growth was 93.29% per annum. Wells Fargo Communications Mn invested 0.03% in Palo Alto Networks Inc (NYSE:PANW). Fairholme Capital Management Llc who had been investing in Sears Hldgs Corp for a number of months, seems to be less bullish one the $420.11 million market cap company. The Company's security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud. It now has negative earnings. The Company's Next-Generation Firewall delivers application, user and content visibility and control, as well as protection against network cyber threats integrated within the firewall through its hardware and software architecture.

Investors sentiment decreased to 0.94 in 2017 Q2. The Russell 2000 index of smaller-company stocks rose for a fourth day and picked up 9 points, or 0.6 percent, to 1,513. The Return on Equity (ROE) value stands at -26.3%. 82 funds opened positions while 136 raised stakes.

Revenues rose 27.0% from previous year to $505.5 million, also beating analysts' view for $489.36 million. Pnc Svcs Group Inc Incorporated accumulated 34,023 shares. Edgewood Llc, a New York-based fund reported 701,471 shares. In the most recent quarterly financial report, for the quarter ending Jul. 2017, Palo Alto Networks, Inc.

Shares of Palo Alto Networks, Inc. Mutual Of America Cap Mgmt Ltd Limited Liability Company invested in 0.01% or 2,407 shares. 559,802 are owned by Tremblant Capital Grp. Barton Investment holds 0.05% of its portfolio in Palo Alto Networks Inc (NYSE:PANW) for 1,545 shares. Bluemountain Management Ltd Llc accumulated 8,740 shares. EPS is generally considered to be the only most important variable in determining a share's price. Hilltop Hldg Inc, a Texas-based fund reported 3,941 shares. Principal Fincl Gp has invested 0% in Palo Alto Networks Inc (NYSE:PANW). Dupont Capital Mngmt Corporation stated it has 0.01% in Palo Alto Networks Inc (NYSE:PANW).

Ratings analysis reveals 0 of Allied World Assurance's analysts are positive.

Analysts have given a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

The company partnered with Telefonica Business Solutions to launch the Clean Pipes 2.0 security platform for the business-to-business market.

ATR stands at 1.59 while Beta factor of the stock stands at 2.65. In terms of performance, year to date, the stock is 203.09%. Corporate insiders own 4.80% of the company's stock. It provides property, casualty and specialty insurance and reinsurance solutions to clients around the world.

The P/E ratio is N/A and the market value is 14.15B. The Firm operates through three divisions: Oil and Natural Gas, Contract Drilling and Mid-Stream.

It closed at $51.55 lastly. Billings for the full year are now expected to rise between 16% and 18%. It has outperformed by 1.89% the S&P500.