A new trading day began on Monday, with Palo Alto Networks Inc (NASDAQ: PANW) stock price down -4.18% from the previous day of trading, before settling in for the closing price of $405.90. PANW’s price has ranged from $260.09 to $409.16 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 22.69% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 11.97%. With a float of $324.39 million, this company’s outstanding shares have now reached $327.70 million.
In an organization with 15289 employees, it is important to assess its efficiency. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Palo Alto Networks Inc is 1.13%, while institutional ownership is 77.75%. The most recent insider transaction that took place on Dec 04 ’24, was worth 3,648,465. In this transaction Director of this company sold 9,000 shares at a rate of $405.38, taking the stock ownership to the 9,232 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Director proposed sale 9,000 for $405.38, making the entire transaction worth $3,648,465.
Palo Alto Networks Inc (PANW) Performance Highlights and Predictions
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 11.97% per share during the next fiscal year.
Palo Alto Networks Inc (NASDAQ: PANW) Trading Performance Indicators
Here are Palo Alto Networks Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.40. Likewise, its price to free cash flow for the trailing twelve months is 41.47.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.3 million. That was inferior than the volume of 3.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 65.43%. Additionally, its Average True Range was 11.02.
During the past 100 days, Palo Alto Networks Inc’s (PANW) raw stochastic average was set at 83.13%, which indicates a significant increase from 39.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.60% in the past 14 days, which was higher than the 33.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $375.33, while its 200-day Moving Average is $328.93. However, in the short run, Palo Alto Networks Inc’s stock first resistance to watch stands at $403.40. Second resistance stands at $417.86. The third major resistance level sits at $425.50. If the price goes on to break the first support level at $381.31, it is likely to go to the next support level at $373.67. Assuming the price breaks the second support level, the third support level stands at $359.21.
Palo Alto Networks Inc (NASDAQ: PANW) Key Stats
With a market capitalization of 127.61 billion, the company has a total of 328,100K Shares Outstanding. Currently, annual sales are 8,028 M while annual income is 2,578 M. The company’s previous quarter sales were 2,139 M while its latest quarter income was 350,700 K.
