Palo Alto Networks Inc (PANW) concluded trading on Wednesday at a closing price of $187.70, with 5.51 million shares of worth about $1.03 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.50% during that period and on January 22, 2025 the price saw a gain of about 2.28%. Currently the company’s common shares owned by public are about 655.40M shares, out of which, 648.86M shares are available for trading.
Stock saw a price change of 10.04% in past 5 days and over the past one month there was a price change of -0.56%. Year-to-date (YTD), PANW shares are showing a performance of 3.15% which increased to 11.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $130.04 but also hit the highest price of $207.24 during that period. The average intraday trading volume for Palo Alto Networks Inc shares is 5.25 million. The stock is currently trading 4.03% above its 20-day simple moving average (SMA20), while that difference is down -1.26% for SMA50 and it goes to 10.27% higher than SMA200.
Palo Alto Networks Inc (NASDAQ: PANW) currently have 655.40M outstanding shares and institutions hold larger chunk of about 78.05% of that.
The stock has a current market capitalization of $123.17B and its 3Y-monthly beta is at 1.13. PE ratio of stock for trailing 12 months is 48.93, while it has posted earnings per share of $3.84 in the same period. Its PEG reads 2.04 and has Quick Ratio of 0.79 while making debt-to-equity ratio of 0.17. 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 2.80% while standing at 2.65% over the month.
Stock’s fiscal year EPS is expected to rise by 10.92% while it is estimated to increase by 13.71% in next year.
On January 06, 2025, Guggenheim Downgrade their recommendations, while on November 22, 2024, HSBC Securities Downgrade their ratings for the stock with a price target of $291. Stock get a Buy rating from Rosenblatt on November 21, 2024.
