Analysts See $-0.13 EPS for Palo Alto Networks, Inc. (PANW)

May 17, 2018 - By Linda Rogers

Palo Alto Networks, Inc. (NYSE:PANW) LogoInvestors sentiment increased to 1.22 in 2017 Q4. Its up 0.06, from 1.16 in 2017Q3. It improved, as 36 investors sold Palo Alto Networks, Inc. shares while 160 reduced holdings. 87 funds opened positions while 152 raised stakes. 70.89 million shares or 1.01% more from 70.19 million shares in 2017Q3 were reported.
Zacks Inv Mgmt reported 5,643 shares or 0.02% of all its holdings. Boothbay Fund Mngmt Ltd Liability Com reported 0.04% stake. Newman Dignan Sheerar has invested 0.13% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Ins Co Tx reported 17,840 shares. Wellington Mngmt Grp Inc Limited Liability Partnership reported 0% stake. 133,029 were accumulated by Bnp Paribas Asset Mngmt. Evercore Wealth Ltd Limited Liability Company, a New York-based fund reported 46 shares. Secor Capital Advisors Limited Partnership holds 25,720 shares. Virtu Fincl Ltd Llc holds 0.04% or 5,650 shares in its portfolio. Public Sector Pension Board invested 0.01% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Ubs Asset Management Americas, Illinois-based fund reported 269,707 shares. Blackrock accumulated 4.78M shares. Schwab Charles Mgmt Inc stated it has 169,167 shares or 0.02% of all its holdings. Teacher Retirement System Of Texas invested 0.11% in Palo Alto Networks, Inc. (NYSE:PANW). Germany-based Deutsche Bankshares Ag has invested 0.09% in Palo Alto Networks, Inc. (NYSE:PANW).

Since December 15, 2017, it had 0 insider purchases, and 15 sales for $67.31 million activity. 28,000 shares were sold by ZUK NIR, worth $4.15 million. $369,844 worth of stock was sold by MERESMAN STANLEY J on Thursday, March 22.

Analysts expect Palo Alto Networks, Inc. (NYSE:PANW) to report $-0.13 EPS on June, 4 after the close.They anticipate $0.38 EPS change or 74.51 % from last quarter’s $-0.51 EPS. After having $-0.40 EPS previously, Palo Alto Networks, Inc.’s analysts see -67.50 % EPS growth. The stock decreased 1.22% or $2.46 during the last trading session, reaching $199.78. About 813,391 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has risen 60.50% since May 17, 2017 and is uptrending. It has outperformed by 48.95% the S&P500.

Palo Alto Networks, Inc. (NYSE:PANW) Ratings Coverage

Among 26 analysts covering Palo Alto Networks (NYSE:PANW), 23 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Palo Alto Networks had 41 analyst reports since November 21, 2017 according to SRatingsIntel. The firm earned “Outperform” rating on Tuesday, February 27 by Wells Fargo. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Tuesday, November 21 by Maxim Group. William Blair upgraded the stock to “Outperform” rating in Monday, December 4 report. KeyBanc Capital Markets maintained the shares of PANW in report on Tuesday, November 21 with “Buy” rating. BMO Capital Markets maintained the stock with “Hold” rating in Tuesday, November 21 report. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Overweight” rating given on Tuesday, February 27 by KeyBanc Capital Markets. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, February 27. Cowen & Co maintained it with “Buy” rating and $20500 target in Friday, April 20 report. The firm earned “Buy” rating on Tuesday, February 27 by Cowen & Co. Evercore upgraded Palo Alto Networks, Inc. (NYSE:PANW) on Thursday, January 18 to “Buy” rating.

Palo Alto Networks, Inc. provides security platform solutions worldwide. The company has market cap of $18.35 billion. The Company’s platform includes Next-Generation Firewall that delivers application, user, and content visibility and control, as well as protection against network cyber threats; Advanced Endpoint Protection, which prevents cyber-attacks that exploit software vulnerabilities on various fixed, mobile, and virtual endpoints and servers; and Threat Intelligence Cloud, which offers central intelligence capabilities, security for software as a service applications, and automated delivery of preventative measures against cyber-attacks. It currently has negative earnings. The firm provides firewall appliances and software; Panorama, a security management solution for the control of appliances deployed on an end-customer's network as a virtual or a physical appliance; and Virtual System Upgrades, which are available as extensions to the virtual system capacity that ships with physical appliances.

More notable recent Palo Alto Networks, Inc. (NYSE:PANW) news were published by: Investorplace.com which released: “Now Is Not a Great Time To Buy Palo Alto Networks Inc Stock” on May 02, 2018, also Investorplace.com with their article: “25 Unstoppable Stocks to Buy No Matter What” published on May 16, 2018, Streetinsider.com published: “UPDATE: Palo Alto Networks (PANW) PT Raised to $225 at Stephens Following 3Q Checks” on May 14, 2018. More interesting news about Palo Alto Networks, Inc. (NYSE:PANW) were released by: Seekingalpha.com and their article: “Light Street’s Kacher picks Palo Alto at Sohn” published on April 23, 2018 as well as Investorplace.com‘s news article titled: “3 Cybersecurity Stocks That Could Roar Higher” with publication date: May 10, 2018.

Palo Alto Networks, Inc. (NYSE:PANW) Institutional Positions Chart

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