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Palo Alto Networks Inc (NASDAQ: PANW) closed the day trading at $175.51 down -2.22% from the previous closing price of $179.50. In other words, the price has decreased by -$2.22 from its previous closing price. On the day, 6.48 million shares were traded. PANW stock price reached its highest trading level at $178.17 during the session, while it also had its lowest trading level at $173.18.
Ratios:
For a better understanding of PANW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.43. 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.
On November 22, 2024, HSBC Securities Downgraded its rating to Reduce which previously was Hold and also lowered its target price recommendation from $304 to $291.
Rosenblatt Upgraded its Neutral to Buy on November 21, 2024, whereas the target price for the stock was revised from $390 to $430.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 06 ’25 when Klarich Lee sold 120,000 shares for $179.70 per share. The transaction valued at 21,564,444 led to the insider holds 365,856 shares of the business.
Arora Nikesh sold 376,670 shares of PANW for $68,193,249 on Jan 02 ’25. The Chief Executive Officer now owns 1,086,404 shares after completing the transaction at $181.04 per share. On Jan 03 ’25, another insider, Arora Nikesh, who serves as the Chief Executive Officer of the company, sold 235,492 shares for $183.32 each. As a result, the insider received 43,169,381 and left with 1,086,404 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 115169656832 and an Enterprise Value of 126756487168. As of this moment, Palo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.75, and their Forward P/E ratio for the next fiscal year is 49.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.90 while its Price-to-Book (P/B) ratio in mrq is 19.46. 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 -8.26%, while the 200-Day Moving Average is calculated to be 4.11%.
Shares Statistics:
Over the past 3-months, PANW traded about 4.94M shares per day on average, while over the past 10 days, PANW traded about 4566900 shares per day. A total of 655.40M shares are outstanding, with a floating share count of 648.86M. Insiders hold about 1.12% of the company’s shares, while institutions hold 77.90% stake in the company. Shares short for PANW as of 1730332800 were 10273350 with a Short Ratio of 4.61, compared to 1727654400 on 9605599. Therefore, it implies a Short% of Shares Outstanding of 10273350 and a Short% of Float of 3.17.
