Palo Alto Networks Inc (PANW) concluded trading on December 20, 2023 at a closing price of $300.98, with 3.33 million shares of worth about $1.0 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.80% during that period and On Wednesday the price saw a loss of about -2.47%. Currently the company’s common shares owned by public are about 315.30M shares, out of which, 310.75M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 182 times over the past 12 months. They bought 1,264,524 shares in 18 of the transactions. In 164 selling transactions, insiders dumped 2,143,895 shares.
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However, the stock later moved at a day high price of 308.00, or with a loss of -2.47%. Stock saw a price change of -4.10% in past 5 days and over the past one month there was a price change of 15.51%. Year-to-date (YTD), PANW shares are showing a performance of 115.69% which increased to 99.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $132.22 but also hit the highest price of $318.00 during that period. The average intraday trading volume for Palo Alto Networks Inc shares is 4.04 million. The stock is currently trading 3.39% above its 20-day simple moving average (SMA20), while that difference is up 13.00% for SMA50 and it goes to 30.35% higher than SMA200.
Palo Alto Networks Inc (NASDAQ: PANW) currently have 315.30M outstanding shares and institutions hold larger chunk of about 86.30% of that.
The stock has a current market capitalization of $94.90B and its 3Y-monthly beta is at 1.27. PE ratio of stock for trailing 12 months is 170.61, while it has posted earnings per share of $1.76 in the same period. Its PEG reads 7.58 and has Quick Ratio of 0.82 while making debt-to-equity ratio of 1.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PANW, volatility over the week remained 3.15% while standing at 2.99% over the month.
Analysts are in expectations that Palo Alto Networks Inc (PANW) stock would likely to be making an EPS of $1.3 in the current quarter, while forecast for next quarter EPS is $1.29 and it is $6.42 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.2 which is $1.41 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.05 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 23.92% while it is estimated to increase by 16.67% in next year.
