As on Thursday, Palo Alto Networks Inc (NASDAQ: PANW) got off with the flyer as it spiked 1.37% to $281.14, before settling in for the price of $277.33 at the close. Taking a more long-term approach, PANW posted a 52-week range of $176.30-$380.84.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 24.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 24.20%. This publicly-traded company’s shares outstanding now amounts to $323.10 million, simultaneously with a float of $318.94 million. The organization now has a market capitalization sitting at $90.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $299.06, while the 200-day Moving Average is $273.00.
Palo Alto Networks Inc (PANW) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Software – Infrastructure industry. Palo Alto Networks Inc’s current insider ownership accounts for 1.29%, in contrast to 82.22% institutional ownership. According to the most recent insider trade that took place on Apr 05 ’24, this organization’s EVP, Chief Product Officer sold 60,000 shares at the rate of 268.04, making the entire transaction reach 16,082,453 in total value, affecting insider ownership by 174,075. Preceding that transaction, on Apr 01 ’24, Company’s EVP, Chief Technology Officer sold 36,000 for 280.46, making the whole transaction’s value amount to 10,096,399. This particular insider is now the holder of 1,331,567 in total.
Palo Alto Networks Inc (PANW) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 72.97 per share during the current fiscal year.
Palo Alto Networks Inc’s EPS increase for this current 12-month fiscal period is 24.20% and is forecasted to reach 6.11 in the upcoming year.
Palo Alto Networks Inc (NASDAQ: PANW) Trading Performance Indicators
Let’s observe the current performance indicators for Palo Alto Networks Inc (PANW). It’s Quick Ratio in the last reported quarter now stands at 0.79. The Stock has managed to achieve an average true range (ATR) of 8.07. Alongside those numbers, its PE Ratio stands at $43.95, and its Beta score is 1.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.07. Similarly, its price to free cash flow for trailing twelve months is now 31.09.
In the same vein, PANW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.40, a figure that is expected to reach 1.25 in the next quarter, and analysts are predicting that it will be 6.11 at the market close of one year from today.
Technical Analysis of Palo Alto Networks Inc (PANW)
Through scrutinizing the latest numbers posted by the [Palo Alto Networks Inc, PANW], it can be observed that its last 5-days Average volume of 3.32 million was lower the volume of 5.6 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.22% While, its Average True Range was 7.29.
Raw Stochastic average of Palo Alto Networks Inc (PANW) in the period of the previous 100 days is set at 17.43%, which indicates a major fall in contrast to 78.10% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.93% that was lower than 62.86% volatility it exhibited in the past 100-days period.
