Palo Alto Networks, Inc. (PANW)
- Previous Close
288.79 - Open
290.14 - Bid 291.38 x 100
- Ask 291.59 x 100
- Day's Range
287.43 - 294.12 - 52 Week Range
176.30 - 380.84 - Volume
2,243,115 - Avg. Volume
6,030,263 - Market Cap (intraday)
94.158B - Beta (5Y Monthly) 1.20
- PE Ratio (TTM)
45.04 - EPS (TTM)
6.47 - Earnings Date May 21, 2024 - May 27, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
336.63
Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. In addition, the company offers cloud security, secure access, security operations, and threat intelligence and security consulting; professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. It sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. Palo Alto Networks, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.
www.paloaltonetworks.com14,789
Full Time Employees
July 31
Fiscal Year Ends
Sector
Industry
Recent News: PANW
Performance Overview: PANW
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
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Statistics: PANW
Valuation Measures
Market Cap
94.16B
Enterprise Value
92.97B
Trailing P/E
45.11
Forward P/E
47.17
PEG Ratio (5yr expected)
1.17
Price/Sales (ttm)
13.61
Price/Book (mrq)
21.61
Enterprise Value/Revenue
12.35
Enterprise Value/EBITDA
80.56
Financial Highlights
Profitability and Income Statement
Profit Margin
30.24%
Return on Assets (ttm)
3.09%
Return on Equity (ttm)
89.52%
Revenue (ttm)
7.53B
Net Income Avi to Common (ttm)
2.28B
Diluted EPS (ttm)
6.47
Balance Sheet and Cash Flow
Total Cash (mrq)
3.37B
Total Debt/Equity (mrq)
50.13%
Levered Free Cash Flow (ttm)
2.26B
Research Analysis: PANW
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Research Reports: PANW
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Daily Spotlight: Cybersecurity Industry Growing Rapidly
The large number of security breaches in recent years forced businesses and governments to invest heavily in cybersecurity services. Cybercrime cost the world an estimated $6 trillion in 2021, compared to $3 trillion in 2015, according to Cybersecurity Ventures. As such, cybercrime represents one of the largest transfers of wealth in the history of humankind. The threat to critical infrastructure as well as threats to national security prompted the U.S. government to create the Cybersecurity and Infrastructure Security Agency (CISA) in 2018. The agency was created to reduce threats to U.S. physical and cyber infrastructure, as well as to coordinate cybersecurity efforts to counter private, as well as government-sponsored hackers. The cyber security solutions market, consisting of dedicated hardware, software, and services, comprises a $170 billion annual revenue opportunity. We expect that to grow at more than a 10% compound annual growth rate (CAGR) over the next several years. The market is comprised of several major sub-segments, including network security, endpoint protection, identity, and access management, among others. Despite the influential positions of several cybersecurity titans, the cybersecurity sector remains receptive to new entrants. This is due in part to low barriers to entry, as well the ever-evolving cyber threat landscape, which keeps companies, government agencies, and non-profits on the lookout for fresh tools to combat the threat of data, financial, and reputation loss.
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Analyst Report: Palo Alto Networks Inc
Palo Alto provides integrated internet security solutions for enterprise customers. The company's solutions are based on its 'next-generation' firewall and security platform, and also include software applications for various enterprise security needs. The company's founders include current Chief Technology Officer Nir Zuk, formerly of Checkpoint Software. The company shipped its first products in 2009 and completed its IPO in July 2012 at an initial share price of $42. Palo Alto executed a 3-for-1 stock split on September 13, 2022 through a two-share stock dividend. About 35% of the company's revenue is generated outside the U.S.
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