$-0.42 EPS Expected for Palo Alto Networks Inc (PANW)


Bluemountain Mgmt Limited Company accumulated 175 shares or 0% of the stock. 79 funds opened positions while 153 raised stakes.

581,624 were reported by Susquehanna Gru Llp. Analysts predict that Palo Alto Networks Inc will post $2.48 earnings per share for the current year. The firm earned "Buy" rating on Friday, May 27 by Goldman Sachs. Ashfield Cap Prtnrs Limited Liability Co holds 17,675 shares or 0.22% of its portfolio. Blackrock Institutional Tru Commerce Na holds 0.04% of its portfolio in Palo Alto Networks Inc (NYSE:PANW) for 2.32M shares. Dimensional Fund Advisors LP increased its position in shares of Palo Alto Networks by 6.4% in the fourth quarter. Hightower Advisors Limited Liability reported 0.06% in Palo Alto Networks Inc (NYSE:PANW). Finally, Covington Capital Management bought a new stake in Palo Alto Networks during the third quarter worth approximately $206,000. Glenmede Tru Na owns 0% invested in Palo Alto Networks Inc (NYSE:PANW) for 3,285 shares. Tocqueville Asset Management LP owns 0.04% invested in Palo Alto Networks Inc (NYSE:PANW) for 25,473 shares.

Since December 2, 2016, it had 0 buys, and 10 selling transactions for $8.06 million activity. On Wednesday, December 21 the insider MCLAUGHLIN MARK D sold $555,616. Shares for $277,871 were sold by Anderson Mark on Wednesday, December 21. ZUK NIR had sold 2,000 shares worth $268,046. On Wednesday, December 21 the insider Tomlinson Steffan sold $294,142. The insider BONVANIE RENE sold 4,405 shares worth $555,616.

Over the last six months, Palo Alto Networks, Inc.'s stock has been -15.47% and -20.31% for the year. After $-0.58 actual earnings per share reported by Palo Alto Networks Inc for the previous quarter, Wall Street now forecasts -27.59% EPS growth. The stock increased 0.37% or $0.44 on May 26, reaching $118.08.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Palo Alto Networks, Inc. It has underperformed by 33.01% the S&P500.

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Palo Alto Networks (NYSE:PANW) last issued its earnings results on Tuesday, February 28th. Therefore 65% are positive. Palo Alto Networks has a 52 week low of $107.31 and a 52 week high of $165.69. The stock presently has an average rating of "Buy" and a consensus price target of $150.09.

According to Zacks, "Palo Alto Networks allows firms, service providers and government bodies to impose tighter security measures through its network security platform".

On 05/29/2017 close, Palo Alto Networks, Inc. UBS has "Buy" rating and $205 target. Morgan Stanley downgraded the stock to "Equal-Weight" rating in Wednesday, March 1 report. On Tuesday, November 24 the stock rating was maintained by RBC Capital Markets with "Outperform". Royal Bank of Canada lowered their target price on Palo Alto Networks from $170.00 to $140.00 and set an "outperform" rating for the company in a research note on Wednesday, March 1st. The company was maintained on Friday, May 27 by BTIG Research. The firm earned "Sell" rating on Wednesday, July 22 by TheStreet. The rating was maintained by Needham on Thursday, September 10 with "Buy". Palo Alto Networks had a negative net margin of 16.83% and a negative return on equity of 35.75%. The company's market capitalization is $10.71 billion. The Company's security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud. It now has negative earnings. The Company's Next-Generation Firewall delivers application, user and content visibility and control, as well as protection against network cyber threats integrated within the firewall through its hardware and software architecture. "Moreover, a volatile spending environment and competition from Cisco Systems, Inc. and Check Point Software Technologies Ltd. remain concerns".

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