Palo Alto Networks Inc (PANW) Stock Short-term Performance Analysis

A share price of Palo Alto Networks Inc [PANW] is currently trading at $398.02, down -0.02%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PANW shares have gain 8.66% over the last week, with a monthly amount glided 6.45%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Exane BNP Paribas started tracking the stock with Outperform rating on October 08, 2024, and set its price target to $410. On July 18, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $325 on the stock. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $380 on June 21, 2024. Daiwa Securities initiated its recommendation with a Outperform and recommended $350 as its price target on May 29, 2024. Rosenblatt downgraded its rating to Neutral for this stock on February 21, 2024, and downed its price target to $265. In a note dated February 21, 2024, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $350 to $300.

Palo Alto Networks Inc experienced fluctuations in its stock price throughout the past year between $234.15 and $400.69. Currently, Wall Street analysts expect the stock to reach $315.68 within the next 12 months. Palo Alto Networks Inc [NASDAQ: PANW] shares were valued at $398.02 at the most recent close of the market. An investor can expect a potential drop of -20.69% based on the average PANW price forecast.

Analyzing the PANW fundamentals

Trailing Twelve Months sales for Palo Alto Networks Inc [NASDAQ:PANW] were 8.03B which represents 12.09% growth. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.64 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.27.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 394.89 points at the first support level, and at 391.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 400.23, and for the 2nd resistance point, it is at 402.44.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Palo Alto Networks Inc [NASDAQ:PANW] is 0.84. Further, the Quick Ratio stands at 0.84, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 16.23, the price to book ratio is 25.03 and price to earnings (TTM) ratio is 54.99.

Transactions by insiders

Recent insider trading involved Klarich Lee, EVP, Chief Product Officer, that happened on Nov 04 ’24 when 60000.0 shares were sold. Chief Accounting Officer, Paul Josh D. completed a deal on Nov 01 ’24 to sell 200.0 shares. Meanwhile, Officer Lee Klarich bought 60000.0 shares on Nov 04 ’24.

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