|Bid||204.03 x 900|
|Ask||204.10 x 1800|
|Day's Range||203.30 - 206.45|
|52 Week Range||135.85 - 239.50|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 19, 2018 - Nov 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||256.64|
Cracker Barrel, Palo Alto Networks and UnitedHealth are the Yahoo Finance charts of the day.
Stock futures: Adobe rose on solid guidance. Palo Alto Networks reiterated guidance and named a president. Twilio will buy mass-emails specialist SendGrid. Dow stock UnitedHealth earnings topped.
Tech stocks raced higher early Tuesday as the Nasdaq composite rose over 1%. Netflix will report earnings after the stock market close.
On October 11, FireEye (FEYE) was trading at a forward EV-to-EBITDA multiple of ~26.1x as compared to the industry average of 8.1x, which indicates that the stock is trading at a huge premium as compared to its industry average. The company’s products are gradually becoming the first line of defense for many organizations, which is a positive for the company. Moreover, the higher adoption of the Helix interface, iSIGHT Intelligence, and the Mandiant service is further allowing analysts to remain bullish on FireEye stock.
Check out the companies making headlines before the bell: Morgan Stanley MS – The investment firm beat estimates by 16 cents a share , with quarterly earnings of $1.17 per share. Revenue came in above forecasts, as well.
Palo Alto Networks Inc. shares declined in the extended session Monday after the cybersecurity company named a new president and reiterated its first-quarter guidance. Palo Alto shares fell 1.6% after hours, following a 1.3% decline to close at $209.20 in the regular session. The company said Amit Singh will succeed Mark Anderson as president on Nov. 1. Singh most recently served as Alphabet Inc.'s vice president of business and operations in emerging computing platforms at Google. Anderson will remain on in an advisory role until May 1, 2019, Palo Alto said. Singh's appointment comes a little over four months after Nikesh Arora became chief executive and chairman. Palo Alto reiterated its first-quarter adjusted earnings outlook of $1.04 to $1.06 a share on revenue of $625 million to $635 million. Analysts surveyed by FactSet expect earnings of $1.06 a share on revenue of $632.6 million.
SANTA CLARA, Calif., Oct. 15, 2018 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced that its board of directors has named Amit K. Singh as president, effective November 1, 2018. As president, Singh succeeds Mark Anderson, who will move into an advisory role until May 1, 2019, to facilitate a smooth transition of responsibilities. Singh will report to Nikesh Arora, Palo Alto Networks CEO.
SANTA CLARA, Calif., Oct. 12, 2018 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today that it has completed its acquisition of RedLock Inc., a cloud threat defense company. "With the combination of RedLock and our existing cloud security offerings, we are well-positioned to solve our customers' most difficult challenges of securing a mobile workforce, protecting the public cloud and stopping advanced threats," said Nikesh Arora, CEO of Palo Alto Networks. Palo Alto Networks already provides a broad security offering for multi-cloud environments with inline, host-based and API-based security, bolstered by the acquisition of Evident.io in March 2018.
The universe of winning stocks is beginning to feel a little smaller, Jim Cramer cautioned his Mad Money viewers Tuesday. There's a big difference between containing inflation and overshooting on interest rates in order to obliterate it. In the days of Janet Yellen, the Fed was never much of a concern, but in this market, these words matter.
The stock of cybersecurity (HACK) firm FireEye (FEYE) fell 5.4% on October 8 to close at $16.43. The stock is currently trading 23% above its 52-week low of $13.40 and 15% below its 52-week high of $19.36. FireEye stock is currently trading below its IPO (initial public offer) price of $20.