Palo Alto Networks Inc [PANW] stock prices are up 3.05% to $404.58 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PANW shares have gain 2.06% over the last week, with a monthly amount glided 12.03%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Palo Alto Networks Inc [NASDAQ: PANW] stock has seen the most recent analyst activity on November 22, 2024, when HSBC Securities downgraded its rating to a Reduce and also revised its price target to $291 from $304. Previously, Rosenblatt upgraded its rating to Buy on November 21, 2024, and elevated its price target to $430. On November 21, 2024, Wells Fargo reiterated its Overweight rating and revised its price target to $450 on the stock. Susquehanna reiterated its Positive rating and increased its price target to $435 on November 21, 2024. Robert W. Baird reiterated its recommendation of a Outperform and raised its price target to $435 on November 21, 2024. Piper Sandler reiterated a Neutral rating for this stock on November 21, 2024, and upped its price target to $385. In a note dated November 21, 2024, Needham reiterated an Buy rating on this stock and boosted its target price from $385 to $450.
The stock price of Palo Alto Networks Inc [PANW] has been fluctuating between $260.09 and $408.53 over the past year. Currently, Wall Street analysts expect the stock to reach $400.29 within the next 12 months. Palo Alto Networks Inc [NASDAQ: PANW] shares were valued at $404.58 at the most recent close of the market. An investor can expect a potential drop of -1.06% based on the average PANW price forecast.
Analyzing the PANW fundamentals
The Palo Alto Networks Inc [NASDAQ:PANW] reported sales of 8.29B for trailing twelve months, representing a surge of 13.88%. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.55 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
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 395.86 points at the first support level, and at 387.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 410.04, and for the 2nd resistance point, it is at 415.50.
Ratios To Look Out For
It’s worth pointing out that Palo Alto Networks Inc [NASDAQ:PANW]’s Current Ratio is 0.79. As well, the Quick Ratio is 0.79, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 16.02, the price to book ratio is 22.43 and price to earnings (TTM) ratio is 52.73.
Transactions by insiders
Recent insider trading involved ESCHENBACH FAMILY TRUST, Director, that happened on Dec 04 ’24 when 9000.0 shares were purchased. EVP, Chief Product Officer, Klarich Lee completed a deal on Dec 02 ’24 to sell 60000.0 shares. Meanwhile, EVP, Chief Financial Officer Golechha Dipak sold 2500.0 shares on Dec 02 ’24.
