On Tuesday, Palo Alto Networks Inc (NASDAQ: PANW) opened higher 0.32% from the last session, before settling in for the closing price of $386.83. Price fluctuations for PANW have ranged from $249.56 to $408.53 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 22.69%. Company’s average yearly earnings per share was noted 10.70% at the time writing. With a float of $324.22 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
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Palo Alto Networks Inc is 0.93%, while institutional ownership is 77.91%. The most recent insider transaction that took place on Nov 04 ’24, was worth 21,639,066. In this transaction EVP, Chief Product Officer of this company sold 60,000 shares at a rate of $360.65, taking the stock ownership to the 182,928 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Chief Accounting Officer sold 200 for $359.03, making the entire transaction worth $71,806. This insider now owns 26,220 shares in total.
Palo Alto Networks Inc (PANW) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted 1.38 earnings per share (EPS) for the quarter, besting the agreed prediction (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 10.70% per share during the next fiscal year.
Palo Alto Networks Inc (NASDAQ: PANW) Trading Performance Indicators
Check out the current performance indicators for Palo Alto Networks Inc (PANW). In the past quarter, the stock posted a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.82. Likewise, its price to free cash flow for the trailing twelve months is 40.95.
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 7.22 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 2.24 million, which is a drop from its year-to-date volume of 3.84 million. As of the previous 9 days, the stock’s Stochastic %D was 41.16%. Additionally, its Average True Range was 9.17.
During the past 100 days, Palo Alto Networks Inc’s (PANW) raw stochastic average was set at 83.56%, which indicates a significant increase from 61.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.58% in the past 14 days, which was lower than the 31.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $361.53, while its 200-day Moving Average is $325.71. However, in the short run, Palo Alto Networks Inc’s stock first resistance to watch stands at $390.38. Second resistance stands at $392.71. The third major resistance level sits at $396.38. If the price goes on to break the first support level at $384.38, it is likely to go to the next support level at $380.71. Now, if the price goes above the second support level, the third support stands at $378.38.
Palo Alto Networks Inc (NASDAQ: PANW) Key Stats
There are currently 325,600K shares outstanding in the company with a market cap of 126.99 billion. Presently, the company’s annual sales total 8,028 M according to its annual income of 2,578 M. Last quarter, the company’s sales amounted to 2,190 M and its income totaled 357,700 K.
