In the Green: Palo Alto Networks Inc (PANW) Closes at 189.51, Up/Down 0.69 from Previous Day

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In the latest session, Palo Alto Networks Inc (NASDAQ: PANW) closed at $189.51 up 0.69% from its previous closing price of $188.22. In other words, the price has increased by $0.69 from its previous closing price. On the day, 1.47 million shares were traded. PANW stock price reached its highest trading level at $189.51 during the session, while it also had its lowest trading level at $186.6485.

Ratios:

For a deeper understanding of Palo Alto Networks Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.06.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, HSBC Securities on November 22, 2024, Downgraded its rating to Reduce and sets its target price to $291 from $304 previously.

On November 21, 2024, Rosenblatt Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $390 to $430.

Wells Fargo reiterated its Overweight rating for the stock on November 21, 2024, while the target price for the stock was revised from $416 to $450.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 12 ’24 when McCarthy Mary Pat sold 6,000 shares for $400.16 per share. The transaction valued at 2,400,952 led to the insider holds 26,495 shares of the business.

MARY PAT MCCARTHY bought 6,000 shares of PANW for $2,390,520 on Dec 12 ’24. On Dec 04 ’24, another insider, Eschenbach Carl M., who serves as the Director of the company, sold 9,000 shares for $405.38 each. As a result, the insider received 3,648,465 and left with 9,232 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PANW now has a Market Capitalization of 124356460544 and an Enterprise Value of 126756487168. As of this moment, Palo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.40, and their Forward P/E ratio for the next fiscal year is 52.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.11 while its Price-to-Book (P/B) ratio in mrq is 21.01. Its current Enterprise Value per Revenue stands at 15.79 whereas that against EBITDA is 115.823.

Stock Price History:

Over the past 52 weeks, PANW has reached a high of $207.24, while it has fallen to a 52-week low of $130.04. The 50-Day Moving Average of the stock is -1.23%, while the 200-Day Moving Average is calculated to be 13.49%.

Shares Statistics:

For the past three months, PANW has traded an average of 5.03M shares per day and 5464770 over the past ten days. A total of 655.40M shares are outstanding, with a floating share count of 648.85M. Insiders hold about 1.12% of the company’s shares, while institutions hold 77.75% stake in the company. Shares short for PANW as of 1730332800 were 10273350 with a Short Ratio of 4.53, compared to 1727654400 on 9605599. Therefore, it implies a Short% of Shares Outstanding of 10273350 and a Short% of Float of 3.17.

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