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

May 21, 2018 - By Jacob Falcon

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 is positive, 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.
Dubuque National Bank & Trust reported 3,446 shares. Tiaa Cref Invest Ltd Com reported 0.03% stake. Sg Americas Lc holds 5,311 shares. 141,126 were accumulated by Wafra Investment Advisory. American Century, a Missouri-based fund reported 2.36 million shares. Cornerstone Advsr invested in 0.06% or 577 shares. Invesco Ltd reported 804,473 shares. Koshinski Asset Mngmt has 0.13% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 3,578 shares. 36 are owned by Howe And Rusling. United Kingdom-based Bp Public Ltd Company has invested 0.06% in Palo Alto Networks, Inc. (NYSE:PANW). 30,293 are held by First Washington. Engineers Gate Manager Lp reported 0.36% in Palo Alto Networks, Inc. (NYSE:PANW). Alliancebernstein L P holds 104,421 shares. Sumitomo Mitsui Incorporated reported 0.05% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Winch Advisory Lc holds 0% or 7 shares.

Since December 15, 2017, it had 0 buys, and 15 sales for $67.31 million activity. $800,000 worth of stock was sold by MCLAUGHLIN MARK D on Tuesday, January 23. Another trade for 1,980 shares valued at $373,709 was made by MERESMAN STANLEY J on Tuesday, March 13.

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 increased 1.97% or $3.97 during the last trading session, reaching $205.72. About 395,087 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has risen 60.50% since May 21, 2017 and is uptrending. It has outperformed by 48.95% the S&P500.

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

Among 24 analysts covering Palo Alto Networks (NYSE:PANW), 21 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Palo Alto Networks had 31 analyst reports since November 22, 2017 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Tuesday, February 27. The firm has “Buy” rating by Cowen & Co given on Friday, April 20. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Market Perform” rating given on Tuesday, February 27 by BMO Capital Markets. JMP Securities maintained Palo Alto Networks, Inc. (NYSE:PANW) on Thursday, March 1 with “Market Outperform” rating. The stock has “Buy” rating by Cowen & Co on Thursday, February 15. Stifel Nicolaus maintained Palo Alto Networks, Inc. (NYSE:PANW) on Tuesday, February 27 with “Buy” rating. The firm has “Buy” rating by RBC Capital Markets given on Thursday, February 22. Goldman Sachs downgraded Palo Alto Networks, Inc. (NYSE:PANW) on Monday, January 22 to “Hold” rating. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Overweight” rating given on Tuesday, February 27 by Morgan Stanley. The stock has “Buy” rating by Deutsche Bank on Tuesday, January 23.

Palo Alto Networks, Inc. provides security platform solutions worldwide. The company has market cap of $18.90 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: Streetinsider.com which released: “UPDATE: Palo Alto Networks (PANW) PT Raised to $225 at Stephens Following 3Q Checks” on May 14, 2018, also Investorplace.com with their article: “Now Is Not a Great Time To Buy Palo Alto Networks Inc Stock” published on May 02, 2018, Benzinga.com published: “Cybersecurity Stocks Trade Lower After White House Eliminates Vacant Cyber Coordinator Position” on May 16, 2018. More interesting news about Palo Alto Networks, Inc. (NYSE:PANW) were released by: Seekingalpha.com and their article: “The Cybersecurity Industry Is Just Getting Started” published on May 11, 2018 as well as Investorplace.com‘s news article titled: “25 Unstoppable Stocks to Buy No Matter What” with publication date: May 16, 2018.

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

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