The stock of Palo Alto Networks Inc (NASDAQ: PANW) has decreased by -0.02 when compared to last closing price of 398.10. Despite this, the company has experienced a 8.66% gain in its stock price over the last five trading sessions. youtube.com reported 2024-11-08 that Nikesh Arora, Palo Alto Networks CEO, joins ‘Money Movers’ to discuss how Trump’s reelection will impact the cybersecurity industry, which kinds of investment is coming, and much more.
Is It Worth Investing in Palo Alto Networks Inc (NASDAQ: PANW) Right Now?
Palo Alto Networks Inc (NASDAQ: PANW) has a price-to-earnings ratio that is above its average at 54.99x. The stock has a 36-month beta value of 1.13. Opinions on the stock are mixed, with 16 analysts rating it as a “buy,” 13 as “overweight,” 10 as “hold,” and 2 as “sell.”
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The public float for PANW is 324.16M, and at present, short sellers hold a 3.17% of that float. On November 13, 2024, the average trading volume of PANW was 2.65M shares.
PANW’s Market Performance
The stock of Palo Alto Networks Inc (PANW) has seen a 8.66% increase in the past week, with a 6.45% rise in the past month, and a 17.10% gain in the past quarter. The volatility ratio for the week is 2.22%, and the volatility levels for the past 30 days are at 2.30% for PANW. The simple moving average for the last 20 days is 6.63% for PANW stock, with a simple moving average of 22.66% for the last 200 days.
Analysts’ Opinion of PANW
Many brokerage firms have already submitted their reports for PANW stocks, with Cantor Fitzgerald repeating the rating for PANW by listing it as a “Overweight.” The predicted price for PANW in the upcoming period, according to Cantor Fitzgerald is $415 based on the research report published on October 31, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see PANW reach a price target of $410. The rating they have provided for PANW stocks is “Outperform” according to the report published on October 08th, 2024.
Redburn Atlantic gave a rating of “Neutral” to PANW, setting the target price at $325 in the report published on July 18th of the current year.
PANW Trading at 11.58% from the 50-Day Moving Average
After a stumble in the market that brought PANW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.67% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares surge +6.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.10% upper at present.
During the last 5 trading sessions, PANW rose by +8.66%, which changed the moving average for the period of 200-days by +15.28% in comparison to the 20-day moving average, which settled at $373.26. In addition, Palo Alto Networks Inc saw 34.98% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PANW starting from Klarich Lee, who sale 60,000 shares at the price of $360.65 back on Nov 04 ’24. After this action, Klarich Lee now owns 182,928 shares of Palo Alto Networks Inc, valued at $21,639,066 using the latest closing price.
Paul Josh D., the Chief Accounting Officer of Palo Alto Networks Inc, sale 200 shares at $359.03 during a trade that took place back on Nov 01 ’24, which means that Paul Josh D. is holding 26,220 shares at $71,806 based on the most recent closing price.
Stock Fundamentals for PANW
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.74 for the gross margin
The net margin for Palo Alto Networks Inc stands at 0.32. The total capital return value is set at 0.07. Equity return is now at value 74.52, with 14.95 for asset returns.
Based on Palo Alto Networks Inc (PANW), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 2.31.
Currently, EBITDA for the company is 960.17 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 16.21. The receivables turnover for the company is 2.4for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.84.
Conclusion
To sum up, Palo Alto Networks Inc (PANW) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
