6 hours Ago By ABMN Staff
Palo Alto Networks, Inc. ( NASDAQ:PANW – Free Report ) – Analysts at DA Davidson dropped their FY2025 earnings estimates for Palo Alto Networks in a report released on Tuesday, December 17th. DA Davidson analyst R.
Kessinger now anticipates that the network technology company will post earnings of $1.74 per share for the year, down from their previous forecast of $1.75.
The consensus estimate for Palo Alto Networks’ current full-year earnings is $3.49 per share. PANW has been the topic of a number of other reports.
JPMorgan Chase & Co. upped their target price on shares of Palo Alto Networks from $193.50 to $224.
50 and gave the stock an “overweight” rating in a research report on Monday, November 18th. JMP Securities upped their price objective on shares of Palo Alto Networks from $190.00 to $207.
50 and gave the stock a “market outperform” rating in a report on Thursday, November 21st. Northland Securities reiterated a “market perform” rating and set a $185.00 target price (up from $175.
00) on shares of Palo Alto Networks in a report on Thursday, November 21st. BMO Capital Markets upped their price target on Palo Alto Networks from $195.00 to $212.
50 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Finally, Robert W. Baird raised their price objective on Palo Alto Networks from $212.
50 to $217.50 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock.
Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $201.40. Palo Alto Networks Stock Down 1.
4 % Shares of PANW stock opened at $186.78 on Friday. The stock has a market cap of $122.
57 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 5.75 and a beta of 1.
12. The business’s fifty day moving average is $191.89 and its 200 day moving average is $175.
58. Palo Alto Networks has a twelve month low of $130.04 and a twelve month high of $207.
24. Palo Alto Networks ( NASDAQ:PANW – Get Free Report ) last posted its earnings results on Wednesday, November 20th. The network technology company reported $0.
78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04.
The firm had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.12 billion.
Palo Alto Networks had a return on equity of 23.36% and a net margin of 32.99%.
The business’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.
32 EPS. Insider Activity at Palo Alto Networks In related news, EVP Nir Zuk sold 336,000 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $193.
70, for a total value of $65,081,520.00. Following the completion of the transaction, the executive vice president now owns 3,643,516 shares of the company’s stock, valued at approximately $705,730,831.
62. This represents a 8.44 % decrease in their position.
The sale was disclosed in a filing with the SEC, which is accessible through this link . Also, CEO Nikesh Arora sold 163,172 shares of the firm’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $184.
00, for a total value of $30,022,832.14. Following the sale, the chief executive officer now directly owns 1,237,430 shares in the company, valued at approximately $227,680,932.
85. This represents a 11.65 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . In the last ninety days, insiders sold 571,172 shares of company stock worth $107,074,352. 2.
50% of the stock is owned by company insiders. Institutional Trading of Palo Alto Networks Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capital Advisors Ltd.
LLC boosted its stake in Palo Alto Networks by 113.9% in the 3rd quarter. Capital Advisors Ltd.
LLC now owns 77 shares of the network technology company’s stock worth $26,000 after purchasing an additional 41 shares during the period. Sound Income Strategies LLC boosted its position in shares of Palo Alto Networks by 352.6% during the third quarter.
Sound Income Strategies LLC now owns 86 shares of the network technology company’s stock worth $29,000 after acquiring an additional 67 shares during the last quarter. Strategic Investment Solutions Inc. IL boosted its position in shares of Palo Alto Networks by 177.
4% during the third quarter. Strategic Investment Solutions Inc. IL now owns 86 shares of the network technology company’s stock worth $29,000 after acquiring an additional 55 shares during the last quarter.
Itau Unibanco Holding S.A. purchased a new position in Palo Alto Networks during the third quarter valued at $29,000.
Finally, True Wealth Design LLC increased its holdings in Palo Alto Networks by 2,933.3% in the 3rd quarter. True Wealth Design LLC now owns 91 shares of the network technology company’s stock valued at $31,000 after acquiring an additional 88 shares during the last quarter.
Institutional investors own 79.82% of the company’s stock. About Palo Alto Networks ( Get Free Report ) Palo Alto Networks, Inc provides cybersecurity solutions worldwide.
The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. Featured Stories Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.
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