Nomura restated their buy rating on shares of Palo Alto Networks Inc. Year-to-Date the stock performance stands at -19.32%.
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The current Stock Price for Palo Alto Networks, Inc. (NYSE:PANW) diminished -0.26%, closing at $136.74 after floating between $134.03 and $137.11. Shares have been recorded at +8.77% away from the 50 day moving average of $129.88.
The stock’s price is trading higher to its 52 week low of $111.09 with +27.92% and moving down from its 52 week high price of $194.73 with -27.02%.
Return on Assets (ROA) for Palo Alto Networks, Inc. The network technology company reported $0.42 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.42. The firm earned $345.80 million during the quarter, compared to the consensus estimate of $339.36 million. The corporation has an earnings per share (EPS) ratio of -2.52. Thomson Reuters’ First Call, which many consider to be the benchmark for EPS and consensus data, now have the price target listed as $183.72. In contrast, the average volume was 2287720 shares. The Company holds 88.40 million shares outstanding. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The stock was sold at an average price of $127.10, for a total transaction of $296,397.20. The 52-week metric is serves as an important parameter for investors as they gauge the current price level of a stock and where it might be headed in the future. The disclosure for this sale can be found here. Palo Alto Networks Inc makes up approx 0.02% of Msi Financial Services Inc’s portfolio. The Hedge Fund company now holds 107,461 shares of PANW which is valued at $14,161,211.
Palo Alto Networks Inc (NYSE:PANW) is expected to release the earnings of its current quarter on 8/30/16. The number of shares now owned by investors are 125.31 mln. Of the resellers we surveyed in early July, 14% have seen purchases of the company’s new Autofocus solution (Palo Alto’s threat intelligence product) with another 36% seeing RFPs. Out of 34 Wall Street analysts rating Palo Alto Networks, 29 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. EagleClaw Capital Managment LLC increased its position in shares of Palo Alto Networks by 3.6% in the first quarter. 1 Month Ago, the stock has been rated as “Buy” from 3 Analysts. Whereas 12 numbers of sells held in last 3 months and 91 sells over the past 12 months. 0 analysts assign “Sell” rating for the stock. JPMorgan Chase & Co. reissued a buy rating on shares of Palo Alto Networks in a research report on Sunday, May 29th.
Palo Alto Networks, Inc. now measures the Current ratio at 1.2 and displays the quick ratio at 1.2. Finally, Credit Suisse Group AG reissued a buy rating on shares of Palo Alto Networks in a research report on Sunday, May 29th.
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Concho Resources Inc (NYSE:CXO) now has mean rating of 2.0 while 18 analyst have recommended the shares as “BUY”, 8 commented as “OUTPERFORM” and 7 commented as “HOLD”. The company’s target price is 183.72. The current PEG for Palo Alto Networks, Inc. The Companys security platform consists of three elements: its Next-Generation Firewall, its Advanced Endpoint Protection, and its Threat Intelligence Cloud.
