Palo Alto Networks Inc (NASDAQ: PANW) kicked off on Friday, up 0.64% from the previous trading day, before settling in for the closing price of $360.33. Over the past 52 weeks, PANW has traded in a range of $233.81-$384.00.
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During the last 5-year period, the sales growth of Technology Sector giant was 22.69%. While this was happening, its average annual earnings per share was recorded 10.72%. With a float of $323.57 million, this company’s outstanding shares have now reached $325.10 million.
Let’s determine the extent of company efficiency that accounts for 15289 employees. In terms of profitability, gross margin is 74.35%, operating margin of 10.77%, and the pretax margin is 12.31%.
Palo Alto Networks Inc (PANW) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Palo Alto Networks Inc is 1.12%, while institutional ownership is 77.97%. The most recent insider transaction that took place on Nov 01 ’24, was worth 71,806. Before that another transaction happened on Oct 10 ’24, when Company’s Chief Executive Officer sold 81,586 for $367.99, making the entire transaction worth $30,022,832. This insider now owns 618,715 shares in total.
Palo Alto Networks Inc (PANW) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 1.38 earnings per share (EPS), higher than consensus estimate (set at 1.16) by 0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.72% per share during the next fiscal year.
Palo Alto Networks Inc (NASDAQ: PANW) Trading Performance Indicators
Take a look at Palo Alto Networks Inc’s (PANW) current performance indicators. Last quarter, stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.88. Likewise, its price to free cash flow for the trailing twelve months is 38.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.24, a number that is poised to hit 1.48 in the next quarter and is forecasted to reach 7.21 in one year’s time.
Technical Analysis of Palo Alto Networks Inc (PANW)
Looking closely at Palo Alto Networks Inc (NASDAQ: PANW), its last 5-days average volume was 2.04 million, which is a drop from its year-to-date volume of 3.94 million. As of the previous 9 days, the stock’s Stochastic %D was 14.23%. Additionally, its Average True Range was 9.35.
During the past 100 days, Palo Alto Networks Inc’s (PANW) raw stochastic average was set at 78.64%, which indicates a significant increase from 20.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.59% in the past 14 days, which was lower than the 31.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $352.45, while its 200-day Moving Average is $323.03. However, in the short run, Palo Alto Networks Inc’s stock first resistance to watch stands at $366.57. Second resistance stands at $370.51. The third major resistance level sits at $375.24. If the price goes on to break the first support level at $357.90, it is likely to go to the next support level at $353.17. Now, if the price goes above the second support level, the third support stands at $349.23.
Palo Alto Networks Inc (NASDAQ: PANW) Key Stats
The company with the Market Capitalisation of 119.44 billion has total of 325,600K Shares Outstanding. Its annual sales at the moment are 8,028 M in contrast with the sum of 2,578 M annual income. Company’s last quarter sales were recorded 2,190 M and last quarter income was 357,700 K.
