Currently, there are 655.40M common shares owned by the public and among those 646.46M shares have been available to trade.
The company’s stock has a 5-day price change of -4.97% and -8.59% over the past three months. PANW shares are trading -6.25% year to date (YTD), with the 12-month market performance up to 5.46% higher. It has a 12-month low price of $130.04 and touched a high of $207.24 over the same period. PANW has an average intraday trading volume of 5.10 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.48%, -10.44%, and 0.84% respectively.
Institutional ownership of Palo Alto Networks Inc (NASDAQ: PANW) shares accounts for 77.91% of the company’s 655.40M shares outstanding.
It has a market capitalization of $111.93B and a beta (3y monthly) value of 1.15. The stock’s trailing 12-month PE ratio is 44.46, while the earnings-per-share (ttm) stands at $3.84. The company has a PEG of 1.85 and a Quick Ratio of 0.79 with the debt-to-equity ratio at 0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.78% over the week and 2.98% over the month.
Analysts forecast that Palo Alto Networks Inc (PANW) will achieve an EPS of 1.55 for the current quarter, 1.52 for the next quarter and 3.6 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.48 while analysts give the company a high EPS estimate of 1.48. Comparatively, EPS for the current quarter was 0.73 a year ago. Earnings per share for the fiscal year are expected to increase by 10.89%, and 13.80% over the next financial year.
Guggenheim was of a view on January 06, 2025 that the stock is Sell, while HSBC Securities gave the stock Reduce rating on November 22, 2024, issuing a price target of $304- $291. Rosenblatt on their part issued Buy rating on November 21, 2024.
