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

May 7, 2018 - By Marguerite Chambers

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.
Tci Wealth Advsr Inc holds 10 shares. 36 are owned by Howe And Rusling Inc. Citizens And Northern holds 0.61% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 5,949 shares. Wesbanco Bank & Trust Inc holds 0.19% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 19,708 shares. Fifth Third Savings Bank holds 586 shares or 0% of its portfolio. Alpha Cubed Invs Limited Co owns 36,161 shares or 0.68% of their US portfolio. Robeco Institutional Asset Mngmt Bv stated it has 0.07% in Palo Alto Networks, Inc. (NYSE:PANW). Moreover, Strs Ohio has 0.03% invested in Palo Alto Networks, Inc. (NYSE:PANW). National Pension Service holds 104,867 shares or 0.08% of its portfolio. Los Angeles Equity Research has 5,500 shares. Synovus Fincl, a Georgia-based fund reported 13,757 shares. Quantitative Inv Management Ltd has invested 0.05% in Palo Alto Networks, Inc. (NYSE:PANW). Hbk Sorce Advisory Lc reported 0.04% in Palo Alto Networks, Inc. (NYSE:PANW). Korea invested 0.03% in Palo Alto Networks, Inc. (NYSE:PANW). Great West Life Assurance Company Can invested in 0.02% or 51,790 shares.

Since December 15, 2017, it had 0 insider purchases, and 15 insider sales for $67.31 million activity. The insider MERESMAN STANLEY J sold 1,980 shares worth $373,709. Another trade for 35,000 shares valued at $5.23 million was made by MCLAUGHLIN MARK D on Wednesday, January 3.

Analysts expect Palo Alto Networks, Inc. (NYSE:PANW) to report $-0.13 EPS on May, 30.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 increased 1.00% or $1.94 during the last trading session, reaching $195.36. About 805,378 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has risen 60.50% since May 7, 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 43 analyst reports since November 10, 2017 according to SRatingsIntel. The rating was maintained by Barclays Capital on Tuesday, February 27 with “Overweight”. Goldman Sachs downgraded Palo Alto Networks, Inc. (NYSE:PANW) on Monday, January 22 to “Hold” rating. On Monday, February 5 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Tuesday, February 27 by BTIG Research. The firm earned “Overweight” rating on Tuesday, February 27 by KeyBanc Capital Markets. As per Friday, April 20, the company rating was maintained by Cowen & Co. Piper Jaffray maintained the stock with “Buy” rating in Monday, February 26 report. Wells Fargo maintained the shares of PANW in report on Tuesday, February 27 with “Outperform” rating. The company was maintained on Thursday, February 15 by Cowen & Co. Maxim Group maintained it with “Buy” rating and $196.0 target in Tuesday, November 21 report.

Palo Alto Networks, Inc. provides security platform solutions worldwide. The company has market cap of $17.94 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: Seekingalpha.com which released: “Light Street’s Kacher picks Palo Alto at Sohn” on April 23, 2018, also Investorplace.com with their article: “3 Reasons To Be Careful with Palo Alto Networks Inc Stock” published on April 16, 2018, Prnewswire.com published: “This Morning’s Research Reports on Tech Stocks — Palo Alto Networks, Super Micro Computer, Zayo, and Benchmark …” on May 03, 2018. More interesting news about Palo Alto Networks, Inc. (NYSE:PANW) were released by: Fool.com and their article: “Could Palo Alto Networks Be a Millionaire-Maker Stock?” published on April 12, 2018 as well as Investorplace.com‘s news article titled: “New Trump Adviser Likely to Boost PANW, FEYE, BB Stock” with publication date: April 09, 2018.

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

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