Palo Alto Networks Inc. (PANW) Is A Stock You Should Watch

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At the last check on Friday, Palo Alto Networks Inc.’s (NASDAQ:PANW) stock was down -$0.49, moving down -0.28 percent to $172.61. The average number of shares traded per day over the past five days has been 5,416,198 shares. 3 times new highs have been achieved over the past 5 days, with a $16.90 gain in that time frame. In the last twenty days, the average volume was 5,397,629, while in the previous 50 days, it was 4,310,142.

Since last month, PANW stock rose 4.16%. Shares of the company fell to $140.07 on 11/04/22, the lowest level in the past month. A 52-week high of $213.63 was reached on 04/20/22 after having rallying from a 52-week low of $140.07. Since the beginning of this year, PANW’s stock price has dropped by -6.73% or -$12.13, and marked a new high 11 times. However, the stock has declined by -19.20% since its 52-week high.


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PANW stock investors should be aware that Palo Alto Networks Inc. (PANW) stock had its last reported insider trading activity 4 days ago on Nov 21. Bawa Aparna, the Director of the company, disposed of 714 shares for $170.98 on Nov 21. It resulted in a $122,078 divestment by the insider. Klarich Lee sold 16,602 shares at an average price of $162.68 on Nov 10. The insider now owns 649,905 shares following the transaction. On Nov 01, EVP, Chief Technology Officer ZUK NIR sold 36,000 shares at $171.06 apiece. The transaction was valued at $6,158,024.

Valuation Metrics

The stock’s beta is 1.12. Besides these, the trailing price-to-sales (P/S) ratio of 8.36, the price-to-book (PB) ratio of 247.29, and the price-to-cash flow ratio of 30.27 may also be considered.

Financial Health

In the three months ended July 30, Palo Alto Networks Inc.’s quick ratio stood at 0.80, while its current ratio was 0.80, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 69.10% percent. In the year ended July 30, operating margins totaled -4.50%. Based on annual data, PANW earned $3.78 billion in gross profit and brought in $5.5 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -6.40%. Return on equity (ROE) for the past 12 months was -131.60%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. PANW’s revenue rose 20.21% to $1.55 billion during the quarter, while net income inched up to $1.56 billion. While analysts expected Palo Alto Networks Inc. to report $0.76 quarterly earnings, the actual figure was $0.8 per share, beating the consensus estimate by 5.30%. During the quarter, the company generated $198.5 million in EBITDA. The liabilities of Palo Alto Networks Inc. were 12.04 billion at the end of its most recent quarter ended July 30, and its total debt was $4.02 billion. The value of shareholders’ equity is $302.36 million.

Technical Picture

This quick technical analysis looks at Palo Alto Networks Inc.’s (PANW) price momentum. With a historical volatility rate of 56.09%, the RSI 9-day stood at 65.10% on 23 November.

With respect to its five-day moving average, the current Palo Alto Networks Inc. price is up by +10.79% percent or $16.90. At present, PANW shares trade +3.16% above its 20-day simple moving average and +1.05% percent above its 100-day simple moving average. However, the stock is currently trading approximately -3.43% below its SMA50 and -2.64% below its SMA200.

Stochastic coefficient K was 93.19% and Stochastic coefficient D was 93.12%, while ATR was 6.82. Given the Stochastic reading of 93.81% for the 14-day period, the RSI (14) reading has been calculated as 59.58%. As of today, the MACD Oscillator reading stands at 6.51, while the 14-day reading stands at 10.24.

Analyst Ratings

Loop Capital upgraded its rating on Palo Alto Networks Inc. (NASDAQ: PANW) to a Buy in a note to investors on November 10, 2022. The analysts firm previously had a Hold rating on the stock.Palo Alto Networks Inc. (PANW) has been rated Buy by analysts. According to 0 brokerage firms, PANW is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate Palo Alto Networks Inc. stock as buy, with 33 recommending it as overweight.

With a median target price of $220.00, the current consensus forecast for the stock is $180.00 – $268.00. Based on these forecasts, analysts predict Palo Alto Networks Inc. (PANW) will achieve an average price target of $217.38.

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