Beating the Odds and Beating Analyst Forecasts: Palo Alto Networks Inc. (PANW)

investchronicle 53

Palo Alto Networks Inc. kicked off the trading day on 10/10/19 with a price decrease of -0.05%, equivalent to -$0.11 relative change for the day. Taking a more long-term approach, PANW had a 52-week range of $160.08 to $260.63. At the time of this article’s publishing, this stock is trading at $209.30 after starting the trading session at $208.50. At the time of writing, this stock’s 50-day Moving Average stands at $208.94, while the 200-day Moving Average of this stock is currently $218.55.

Currently, this company’s share volume is sitting at $1025907, but has maintained average daily volume of $1.33M. This stock has generated an average Year to Date volume of $1.32 million, alongside an average 20-day volume of $1.14 million. This publicly-traded company’s shares outstanding now amounts to $96.02 million, simultaneously with a float of $94.28 million. The organization now has a market capitalization sitting at $20.10 billion.

Palo Alto Networks Inc.(PANW) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Palo Alto Networks Inc.’s current insider ownership accounts for 2.20%, in contrast to 82.30% institutional ownership. According to the most recent latest insider trade that took place on Oct 01 this organization’s EVP, Chief Technology Officer sold 12,000 at the rate of 205.66, making the entire transaction hit 2,467,955 in total value, affecting insider ownership by 902,430. Preceding that transaction, on Sep 13 Company’s Director exercised an option 40,000 at a price of 10.77, making the whole transaction’s value amount to 430,800. This particular insider is now the holder of 240,236 in total.

If we take a glance at the Ownership summary of Palo Alto Networks Inc.’s stock, Institutional holders make up 82.30% of its total stock ownership. All together, they are the legal holders of 96.02M shares. If we focus on the top 3 stockholders for this publicly-traded organization, The Vanguard Group, Inc. owns 8,249,428 shares, with Renaissance Technologies LLC in 2nd place owning 5,074,350 shares and BlackRock Fund Advisors in third place with total ownership of 4,394,444 shares.

Palo Alto Networks Inc. (PANW) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 7/30/2019, the organization reported $1.47 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $1.42) by $0.05.

This company achieved a net margin of -2.82 while generating a return on equity of -6.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.3 per share during the current fiscal year.

Palo Alto Networks Inc.’s EPS increase for this current 12-month fiscal period is 35.00%, and is forecasted to reach 6.27 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 15.70% through the next 5 years, which can be compared against the 22.20% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Palo Alto Networks Inc., this organization’s Quick Ratio in the last reported quarter now stands at 1.80. The company has managed to achieve an average true range (ATR) of 5.74. Alongside those, its Beta score is 0.96.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.93 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 21.74. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 12.62, whereas its price to cash per share for the last quarter landed at 29.19.

In the same vein, PANW’s Diluted EPS (Earnings per Share) trailing twelve months was posted at -0.87, a figure that is expected to reach 1.03 in the next reported quarter, and analysts expect it will be 6.27 at the market close of one year from today’s date.