PANW - Palo Alto Networks, Inc.
228.20 +0.46 (0.20%)
After hours: 5:35PM EDT
| Previous Close | 223.69 |
| Open | 225.57 |
| Bid | 227.65 x 900 |
| Ask | 229.60 x 800 |
| Day's Range | 223.91 - 228.65 |
| 52 Week Range | 160.08 - 260.63 |
| Volume | 1,059,400 |
| Avg. Volume | 1,300,975 |
| Market Cap | 21.744B |
| Beta (3Y Monthly) | 0.60 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.07 |
| Earnings Date | May 29, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 279.91 |
- Markit•12 hours ago
See what the IHS Markit Score report has to say about Palo Alto Networks Inc.
Palo Alto Networks Inc NYSE:PANWView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for PANW with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding PANW are favorable, with net inflows of $4.47 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•yesterday
Palo Alto Networks (PANW) Dips More Than Broader Markets: What You Should Know
Palo Alto Networks (PANW) closed the most recent trading day at $223.77, moving -0.82% from the previous trading session.
- Investopedia•yesterday
Top Paid CEOs for 2018
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- Investor's Business Daily•6 days ago
Fastest-Growing Companies: Amazon, Facebook, Splunk Among 27 Stocks With 53% To 922% EPS Growth
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- Investor's Business Daily•6 days ago
Artificial Intelligence Stocks To Buy And Watch Amid Rising AI Competition
When looking for the best artificial intelligence stocks to buy, investors should expand their search to unexpected fields. Salesforce.com and Trade Desk are among AI stocks on IBD's radar.
- Zacks•7 days ago
Palo Alto Networks (PANW) Outpaces Stock Market Gains: What You Should Know
Palo Alto Networks (PANW) closed at $226.86 in the latest trading session, marking a +1.05% move from the prior day.
- TheStreet.com•7 days ago
CyberArk Stock Fails to Break Out on Earnings - Now What?
After a big stock market decline Monday, the indices were set for a modest bounce on Tuesday. CyberArk's better-than-expected earnings propelled the stock to new highs near the open. While the markets have continued to power higher -- the S&P 500 up by 1.2%, the Nasdaq up about 1.5% -- CyberArk has given back most of its gains and is flirting with going negative on the day.
- InvestorPlace•9 days ago
Thanks to 5G and Wi-Fi 6, Cisco Stock Remains A Buy Going Into Earnings
Cisco Systems (NASDAQ:CSCO) has pulled back in recent weeks from its post-dot-com boom highs. Cisco stock fell back after rising by almost 43% in less than four months. Since hitting that high, CSCO stock has declined to the $52 a share level.Source: Shutterstock Now flirting with correction territory, many wonder if CSCO will fall further as it reports earnings on Wednesday after the market close. If so, with its double-digit profit growth and the future in 5G, I see CSCO stock as a buy on any pullback. Earnings and Sales Beats Could Boost Cisco StockFor its third quarter, Wall Street expects Cisco to report earnings of 77 cents per share. If this holds, that would represent a 16.7% increase from year-ago levels of 66 cents per share. Analysts also forecast revenues of $12.9 billion. This would stand as a 3.5% increase from the same quarter last year when the company brought in $12.46 billion.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Great Stocks to Buy on Dips Cisco stock has developed a reputation for frequently beating earnings over the last 20-plus years. I do not expect anything different this quarter. The company has worked to restore its reputation for something it has seen little of since the 1990s tech boom -- stock price increases. Since the beginning of 2016, CSCO stock has more than doubled in value. Last month, it reached its highest level since the fall of 2000 before pulling back. Wi-Fi 6, 5G Will Drive CSCO StockMoreover, as my InvestorPlace colleague Bret Kenwell points out, the San Jose-based networking giant leads the way in the emerging Wi-Fi 6. The Wi-Fi 6 networking stack will offer 400% greater capacity and better performance in high-density areas. Though it lacks the publicity surrounding 5G, where Cisco has pursued a "cloud-to-client" approach, it could become just as significant in many respects. Furthermore, the company's moves into software and network security have also improved the fortunes of Cisco stock.Detractors point out that this is not the 1990s, and companies such as Check Point Software (NASDAQ:CHKP), Arista Networks (NASDAQ:ANET), and Palo Alto Networks (NASDAQ:PANW) present genuine competitive threats. Still, while vendors certainly have other choices, Cisco brings a measure of stability and income not found in newer names. Favorable Financial Metrics RemainCase in point, CSCO stock trades at a price-to-earnings (PE) ratio that compares well to its younger peers. This valuation stands at around 19.5 times earnings, and it falls to a PE of 15.4 on a forward basis. Moreover, analysts predict the company will deliver profit growth rates of 18.1% this fiscal year and 10.1% in fiscal 2020.The 19.5x PE comes in at the high end of ranges seen in recent years. If the re-emergence of Microsoft (NASDAQ:MSFT) serves as an example, Cisco stock could benefit from multiple expansion. Even if that does not occur, the profit growth rates alone make double-digit returns in CSCO stock likely.Investors should also remember one additional benefit to Cisco stock that did not exist in the 1990s -- the dividend. Since the company began paying a dividend in 2011, it has increased its payout every year. The most recent increase went into effect in April. Now at an annual payout of $1.40 per share, the yield stands at around 2.5%. * 7 Dangerous Dividend Stocks to Stay Far Away From The eight-year streak is a long enough time that the equity's price will depend heavily on annual payout hikes. I even speculated that Cisco stock would achieve dividend aristocrat status (meaning 25-plus years of annual payout hikes) in 17 years. Time will tell if that occurs. Still, for investors wanting a growth and income play in the networking sector, I see CSCO stock as one of the top choices in the coming years. Final Thoughts on Cisco StockCisco stock has become a buy on any pullback, and pull back it has. The stock has corrected following a 40%-plus move higher from its December lows. Now, predictions for the upcoming earnings report strongly indicate that its double-digit growth will continue.If its track record serves as an indication, Cisco stock should beat earnings by at least a penny per share. Bolstered by a move into security and software, as well as its position in both 5G and WiFi 6, Cisco's double-digit profit growth should continue for years to come. It could benefit further if CSCO stock sees Microsoft-like multiple expansion. Moreover, the eight-year track record of payout hikes adds a growing income stream to add to the returns.Perhaps Cisco stock rose too far and too fast over the last few months. Admittedly, it makes buying into earnings a riskier prospect despite a recent pullback. However, even with this potential hiccup, the likely rewards in CSCO stock outweigh the possible risks.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post Thanks to 5G and Wi-Fi 6, Cisco Stock Remains A Buy Going Into Earnings appeared first on InvestorPlace.
- Market Realist•14 days ago
How Palo Alto Networks Stock Has Performed
How Have Cybersecurity Stocks Been Performing Recently?Stock returnsIn this series, we’ll look at the performance of cybersecurity stocks since the start of April 2019. Palo Alto Networks stock (PANW) has gained just over 3% since the start of
- American City Business Journals•15 days ago
VC explains why the headquarters of an Indian IT giant's venture arm is in Silicon Valley
Most of Wipro Ventures' portfolio companies are based in Silicon Valley, including Demisto, which was acquired by Palo Alto Networks earlier this year. In this TechFlash Q&A;, its co-founding partner explains why.
- Zacks•15 days ago
Symantec (SYMC) to Report Q4 Earnings: What's in Store?
Symantec's (SYMC) fiscal Q4 results may benefit from improvement in Enterprise Security segment. However, decline in the Consumer business is a concern.
- MarketWatch•18 days ago
Fortinet stock falls after Citi downgrades to sell
Citi Research analyst Walter Pritchard downgraded shares of cybersecurity company Fortinet Inc. to sell from neutral on Friday after the company beat earnings expectations with its first-quarter report a day earlier. Pritchard worries if the company is pursuing the wrong strategy given industry trends. "Fortinet is doubling down on integrating security with network, and network products have helped drive incremental product growth over the last 18 months," he wrote. This strategy is more in line with Cisco Systems Inc.'s strengths, he said, but even Cisco's success with it has been "underwhelming," in his view. "We contrast strategy with peers Palo Alto Networks and, more recently Check Point Software Technologies , focused on maintaining relevance as customers look to secure cloud, where Fortinet lags," he wrote. Pritchard also saw "weak product trends" in the first quarter and said that this is the area of the business where problems would normally show up first. He cut his target price to $78 from $84 in conjunction with the downgrade. Fortinet shares are down 6.5% in Friday trading, though several other analysts raised their price targets. The stock has gained 21% so far this year, as the S&P 500 has risen 17%.
- Benzinga•18 days ago
GuardKnox Partners With Palo Alto Networks To Enhance Automotive Cybersecurity
Cybersecurity companies GuardKnox Cyber Technologies and Palo Alto Networks have partnered to provide end-to-end automotive cybersecurity solutions for connected and autonomous vehicles. Israeli-based GuardKnox will be leveraging Palo Alto Networks' expertise in network and cloud security to provide original equipment manufacturers (OEMs) with secure over-the-air (OTA) communication between the vehicle, the cloud storage system and their operational centers. "We took the technology that was used by the Israeli Air Force to protect fighter jets and brought it to the automotive industry.
- Zacks•18 days ago
Unisys' (UIS) Q1 Earnings Miss, Revenues Beat Estimates
Strong growth in Services segment and new deal wins drive Unisys (UIS) first-quarter results. However, new business keeps margins under pressure.
- Investor's Business Daily•19 days ago
Fortinet Earnings, Revenue Guidance Meet Expectations; Stock Falls
Fortinet earnings and revenue for the first quarter beat estimates, but its June-quarter outlook only met Wall Street targets. Fortinet stock fell in late action after the close Thursday.
Investor's Business Daily•19 days agoIBD Stock Of The Day: Can This Cybersecurity Leader Reach New Buy Point?
Palo Alto stock jumped on second-quarter earnings, emerging from a cup-shaped chart pattern. It's working on a new flat base and trades 5% below a buy point, but lags in relative strength.
- PR Newswire•20 days ago
Palo Alto Networks to Announce Fiscal Third Quarter 2019 Financial Results on Wednesday, May 29, 2019
SANTA CLARA, Calif., May 2, 2019 /PRNewswire/ -- Palo Alto Networks® (PANW), the global cybersecurity leader, announced today that it will release the financial results for its fiscal Third quarter 2019, ended April 30, 2019, after U.S. markets close on Wednesday, May 29, 2019. Palo Alto Networks will host a conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Interested parties may access the conference call by dialing 1-888-254-3590 or 1-720-543-0302 and using conference ID 5632791.
- Zacks•21 days ago
Palo Alto Networks (PANW) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Palo Alto Networks (PANW) closed at $248.95, marking a -0.1% move from the previous day.
- Market Realist•21 days ago
What Will Drive Symantec’s Sales Growth in 2019 and Beyond?
What Can We Expect from Symantec’s Q4 Results?(Continued from Prior Part)Demand for cybersecurity products and solutionsThe rise in the number of global cybersecurity threats has invariably driven up demand for cybersecurity solutions. The
- Zacks•21 days ago
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