Facts You Need to Understand Palo Alto Networks Stock

Large-cap Technology company Palo Alto Networks jumped 7.0% Friday on a volume of 13,394,997, compared to its average of 4,609,543. In contrast, the S&P 500 index moved 0.5%

Palo Alto Networks trades -22.36% away from its average analyst target price of $215.7 per share. The 39 analysts following the stock have set target prices ranging from $165 to $268, and on average have given Palo Alto Networks a rating of buy.

If you are considering an investment in PANW, you'll want to know the following:

  • Palo Alto Networks has moved -6.9% over the last year, and the S&P 500 logged a change of -15.3%

  • Based on its trailing earning per share of -3.98, Palo Alto Networks has a trailing 12 month Price to Earnings (P/E) ratio of -42.1 while the S&P 500 average is 15.97

  • PANW has a forward P/E ratio of 43.7 based on its forward 12 month price to earnings (Eps) is $3.83 per share

  • The company has a price to earnings growth (PEG) ratio of 1.96 -- a number near or below 1 signifying that Palo Alto Networks is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 98.9 compared to its sector average of 5.57

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. Based in Santa Clara, the company has 12,561 full time employees and a market cap of $50,638,749,696.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.