Palo Alto Networks Inc [NASDAQ: PANW] gained 1.64% or 2.76 points to close at $170.58 with a heavy trading volume of 4907487 shares.
The daily chart for PANW points out that the company has recorded 0.07% gains over the past six months.
If we look at the average trading volume of 5.10M shares, PANW reached to a volume of 4907487 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Palo Alto Networks Inc [PANW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PANW shares is $207.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PANW stock is a recommendation set at 1.77. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Palo Alto Networks Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 08, 2025. The new note on the price target was released on January 08, 2025, representing the official price target for Palo Alto Networks Inc stock. Previously, the target price had yet another raise to $130, while Guggenheim analysts kept a Sell rating on PANW stock. On November 22, 2024, analysts decreased their price target for PANW shares from 304 to 291.
The Average True Range (ATR) for Palo Alto Networks Inc is set at 5.64, with the Price to Sales ratio for PANW stock in the period of the last 12 months amounting to 13.51. The Price to Book ratio for the last quarter was 18.91, with the Price to Cash per share for the same quarter was set at 5.18. Price to Free Cash Flow for PANW in the course of the last twelve months was 36.38 with Quick ratio for the last quarter at 0.79.
Trading performance analysis for PANW stock
Palo Alto Networks Inc [PANW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.97. With this latest performance, PANW shares dropped by -14.37% in over the last four-week period, additionally plugging by 0.07% over the last 6 months – not to mention a rise of 5.46% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PANW stock in for the last two-week period is set at 32.12, with the RSI for the last a single of trading hit 28.32, and the three-weeks RSI is set at 36.25 for Palo Alto Networks Inc [PANW]. The present Moving Average for the last 50 days of trading for this stock 190.46, while it was recorded at 172.03 for the last single week of trading, and 169.16 for the last 200 days.
Palo Alto Networks Inc [PANW]: A deeper dive into fundamental analysis
Palo Alto Networks Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.79 and a Current Ratio set at 0.79.
Palo Alto Networks Inc [PANW]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PANW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Palo Alto Networks Inc go to 24.00%.
An analysis of Institutional ownership at Palo Alto Networks Inc [PANW]
There are presently around $80.77%, or 81.47%% of PANW stock, in the hands of institutional investors. The top three institutional holders of PANW stocks are: VANGUARD GROUP INC with ownership of 29.5 million shares, which is approximately 9.1363%. BLACKROCK INC., holding 25.01 million shares of the stock with an approximate value of $$8.48 billion in PANW stocks shares; and BLACKROCK INC., currently with $$4.75 billion in PANW stock with ownership which is approximately 4.3417%.