On Friday, Palo Alto Networks Inc (NASDAQ: PANW) was -3.61% drop from the session before settling in for the closing price of $397.70. A 52-week range for PANW has been $260.09 – $408.53.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 22.69%. When this article was written, the company’s average yearly earnings per share was at 11.89%. With a float of $325.07 million, this company’s outstanding shares have now reached $325.10 million.
Considering the fact that the conglomerate employs 15289 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 74.17%, operating margin of 11.29%, and the pretax margin is 12.96%.
Palo Alto Networks Inc (PANW) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Palo Alto Networks Inc stocks. The insider ownership of Palo Alto Networks Inc is 0.93%, while institutional ownership is 77.68%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 10/31/2024, it has been observed that the corporation posted 1.46 earnings per share (EPS) during the time that was better than consensus figure (set at 1.3) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.52 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.89% per share during the next fiscal year.
Palo Alto Networks Inc (NASDAQ: PANW) Trading Performance Indicators
You can see what Palo Alto Networks Inc (PANW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.63. Likewise, its price to free cash flow for the trailing twelve months is 39.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.67, a number that is poised to hit 1.56 in the next quarter and is forecasted to reach 7.26 in one year’s time.
Technical Analysis of Palo Alto Networks Inc (PANW)
Compared to the last year’s volume of 3.87 million, its volume of 4.78 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.48%. Additionally, its Average True Range was 11.18.
During the past 100 days, Palo Alto Networks Inc’s (PANW) raw stochastic average was set at 79.78%, which indicates a significant increase from 45.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.20% in the past 14 days, which was lower than the 32.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $364.33, while its 200-day Moving Average is $326.21. Nevertheless, the first resistance level for the watch stands at $393.18 in the near term. At $403.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $411.99. If the price goes on to break the first support level at $374.37, it is likely to go to the next support level at $365.38. Should the price break the second support level, the third support level stands at $355.56.
Palo Alto Networks Inc (NASDAQ: PANW) Key Stats
There are 325,600K outstanding shares of the company, which has a market capitalization of 121.25 billion. As of now, sales total 8,028 M while income totals 2,578 M. Its latest quarter income was 2,190 M while its last quarter net income were 357,700 K.
