Analyst Research

Broker’s Roundup on Rating and Recommendations: Palo Alto Networks Inc (NYSE:PANW)

Palo Alto Networks Inc (NYSE:PANW) fell -7.17% during previous trade. RBC Capital Mkts issued rating on the stock of Palo Alto Networks Inc (NYSE:PANW) in a research note issued to investors on Aug-31-16, the stock received “Downgrade” rating as Outperform from $185 to $175. Additionally Maxim Group issued their Verdict on the stock of the company, on record date of Aug-31-16 the stock was “Upgraded” as Buy from $215 to $185 besides that on Aug-31-16 Palo Alto Networks Inc (NYSE:PANW) was “Downgraded” by Raymond James from Strong Buy to Outperform from $180 to $165. Furthermore on May-27-16 the stock was “Reiterated” by RBC Capital Mkts as Outperform from $195 to $185.

Palo Alto Networks Inc (NYSE:PANW) shares ended last trading session at the price of $133.17 whereas a number of traders indicating mean target price will hit $181.25 over the next twelve months, mean value of price target most recently revised on 08/29/16. Palo Alto Networks Inc (NYSE:PANW)’s highest estimates of price target are $215.00 and low forecast is $136.00 based on the opinion of 36 analysts. The price target estimates represents a standard deviation of 16.94. However brokerage recommendations suggests an ABR of 1.34 based on calls of 25 experts, where 19 brokers polls the stock a Strong Buy, 3 suggest the stock a Buy, 3 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

Palo Alto Networks Inc (NYSE:PANW) is expected to release the earnings of its current quarter on 11/28/16. The company is expected to release $0.53 EPS for current quarter according to 38 analysts whereas the company reported $0.35 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.46 and high estimate of $0.72. For the current year Palo Alto Networks Inc (NYSE:PANW) has set to release EPS of $2.78 as per the sentiments of 41 analysts, however according to 32 analysts, the company expected to release $3.79 EPS for next year.

Palo Alto Networks Inc (NYSE:PANW)’s average revenue estimates for the current quarter are $401.19M according to 34 number of analysts. However its lowest revenue estimates are $396.74M and highest revenue estimates are $430M. A year ago the company’s sales were $297.2M. Its yearly sales growth estimates are 35.00%. For the next quarter the company has anticipated average revenues of $439.54M, according to the sentiments of 34 analysts. For the current year the company has fixed $1.84B revenues, as per the opinion of 39 analysts. For the current year the company has low revenue estimates of $1.81B in contradiction of high revenue estimates of $1.94B. Whereas for the next year revenues are set at $2.38B by 32 analysts.

The stock exchanged hands 8.27M shares versus average trading capacity of 1.37M shares, while its shares’ total market worth is $12.10B along with 89.60M outstanding shares. Palo Alto Networks Inc (NYSE:PANW) shares were trading -31.61% below from the 52-week high price mark of $194.73 and +19.88% above from the 52-week price bottom of $111.09. However the company observed 52 week high price on 12/03/15 and witnessed 52 week low price on 02/08/16. The company’s price sits 3.04% above from its 50-day moving average of $132.01 and -9.19% away from the stock’s 200-day moving average which is $138.44. Palo Alto Networks Inc (NYSE:PANW)’s price to sales ratio for trailing twelve month stands at 9.44, whereas its price to book ratio for most recent quarter sits at 17.73. However the company’s price to cash per share for most recent quarter stands at 10.59. Its price to free cash flow for trailing twelve months is 23.18.

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