The stock of Palo Alto Networks Inc (PANW) has seen a -2.50% decrease in the past week, with a 2.55% gain in the past month, and a 7.87% flourish in the past quarter. The volatility ratio for the week is 2.10%, and the volatility levels for the past 30 days are at 2.32% for PANW. The simple moving average for the past 20 days is 2.86% for PANW’s stock, with a 19.14% simple moving average for the past 200 days.
Is It Worth Investing in Palo Alto Networks Inc (NASDAQ: PANW) Right Now?
Palo Alto Networks Inc (NASDAQ: PANW) has a higher price-to-earnings ratio of 53.61x compared to its average ratio. PANW has 36-month beta value of 1.13. Analysts have mixed views on the stock, with 27 analysts rating it as a “buy,” 13 as “overweight,” 13 as “hold,” and 2 as “sell.”
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The public float for PANW is 324.22M, and currently, short sellers hold a 3.17% ratio of that float. The average trading volume of PANW on November 20, 2024 was 2.57M shares.
PANW) stock’s latest price update
Palo Alto Networks Inc (NASDAQ: PANW) has seen a rise in its stock price by 0.32 in relation to its previous close of 386.83. However, the company has experienced a -2.50% decline in its stock price over the last five trading sessions. marketbeat.com reported 2024-11-19 that Like they say, the trend is your friend, and it’s best to trade with your friend. Stocks like Palo Alto Networks NASDAQ: PANW, Salesforce NYSE: CRM, and Booking Holdings NASDAQ: BKNG are trending higher and are forecasted to provide friendly returns this year and next.
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 7.34% 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 -5.01% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.10%, as shares surge +3.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.65% upper at present.
During the last 5 trading sessions, PANW fell by -2.50%, which changed the moving average for the period of 200-days by +12.65% in comparison to the 20-day moving average, which settled at $377.26. In addition, Palo Alto Networks Inc saw 31.60% 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 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 3.38. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 2881.33.
Currently, EBITDA for the company is 1.28 billion with net debt to EBITDA at -0.1. When we switch over and look at the enterprise to sales, we see a ratio of 15.8. 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 put it simply, Palo Alto Networks Inc (PANW) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” 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.
