Stock price performance of Palo Alto Networks, Inc. is analyzed for various periods using several stock trading signals. The stock price have dropped -3.2% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 10.44% . Looking at the past 52 week period, the stock price is up at 18.44% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Palo Alto Networks, Inc. has a negative value of -23.35 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 6.92% and the 50-Day Moving Average is 6.56%.The 200 Day SMA reached 4.33%
Based on the Stock Research Palo Alto Networks, Inc. Relative Strength Index signal is in over bought territory with a range of 75.93. Palo Alto Networks, Inc. (NYSE:PANW) has climbed 4.02% in the past week and advanced 11.83% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.9% and the outperformance has advanced to 10.83% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Jan 11, 2017, Nir Zuk (CTO) sold 2,000 shares at 134.45 per share price.On Dec 28, 2016, Mark Anderson (President) sold 1,964 shares at 125.00 per share price.On Dec 22, 2016, Rene Bonvanie (Chief Marketing Officer) sold 4,405 shares at 126.13 per share price.
Palo Alto Networks Inc Last issued its quarterly earnings results on Nov 21, 2016. The company reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.52. The company had revenue of $398.10 million for the quarter, compared to analysts expectations of $400.38 million. The companys revenue was up 34.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Palo Alto Networks Inc was Initiated by Jefferies to Hold on Jan 18, 2017. Palo Alto Networks Inc was Initiated by Wells Fargo to Outperform on Jan 11, 2017. Palo Alto Networks Inc was Initiated by BMO Capital Markets on Jan 5, 2017 to Market Perform, Price Target of the shares are set at $150.Palo Alto Networks Inc was Reiterated by FBN Securities on Dec 19, 2016 to Outperform, Lowers Price Target to $ 155 from a previous price target of $170 .Palo Alto Networks Inc was Reiterated by Imperial Capital on Nov 29, 2016 to Outperform, Lowers Price Target to $ 180 from a previous price target of $190 .
Palo Alto Networks, Inc. (NYSE:PANW) : On Friday heightened volatility was witnessed in Palo Alto Networks, Inc. (NYSE:PANW) which led to swings in the share price. The stock opened for trading at $149.51 and hit $151.6 on the upside , eventually ending the session at $151.02, with a gain of 3.74% or 5.45 points. The heightened volatility saw the trading volume jump to 2,041,774 shares. The 52-week high of the share price is $165.69 and the company has a market cap of $13,846 million. The 52-week low of the share price is at $111.0901 .
Palo Alto Networks, Inc. offers a network security platform that allows enterprises, service providers, and government entities to secure their networks. The core of its platform is the Companys firewall that delivers natively integrated application, user, and content visibility and control through its operating system, hardware, and software architecture. It serves the enterprise network security market, which consists of Firewall, Unified Threat Management, Web Gateway, Intrusion Detection and Prevention, and Virtual Private Network technologies. Palo Alto Networks, Inc. is headquartered in Santa Clara, California.