Set Your Sights On Palo Alto Networks Inc (NASDAQ: PANW)’S Upside Potential

Palo Alto Networks Inc (PANW) concluded trading on Thursday at a closing price of $187.50, with 4.68 million shares of worth about $876.74 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.03% during that period and on February 27, 2025 the price saw a loss of about -1.08%. Currently the company’s common shares owned by public are about 660.40M shares, out of which, 654.73M shares are available for trading.

Stock saw a price change of -5.69% in past 5 days and over the past one month there was a price change of -2.82%. Year-to-date (YTD), PANW shares are showing a performance of 3.04% which increased to 23.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $132.50 but also hit the highest price of $208.39 during that period. The average intraday trading volume for Palo Alto Networks Inc shares is 5.59 million. The stock is currently trading -2.74% below its 20-day simple moving average (SMA20), while that difference is down -0.11% for SMA50 and it goes to 6.34% higher than SMA200.

Palo Alto Networks Inc (NASDAQ: PANW) currently have 660.40M outstanding shares and institutions hold larger chunk of about 78.24% of that.

The stock has a current market capitalization of $124.14B and its 3Y-monthly beta is at 1.04. PE ratio of stock for trailing 12 months is 105.93, while it has posted earnings per share of $1.77 in the same period. Its PEG reads 7.35 and has Quick Ratio of 0.79 while making debt-to-equity ratio of 0.14. 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 3.16% while standing at 3.15% over the month.

Stock’s fiscal year EPS is expected to rise by 13.77% while it is estimated to increase by 13.63% 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.

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