Analysts recommend to Buy Technology Stock: Palo Alto Networks, Inc. (PANW)

Lloyd Doyle
September 6, 2017

Investors are more bullish on shares of the company of late if you take note of the downtick in short interest. Ca Technologies now has $13.78B valuation. One Trading LP holds 43 shares. It has outperformed by 23.95% the S&P500.

Malaga Cove Capital Llc increased Palo Alto Networks Inc (PANW) stake by 127.09% reported in 2016Q4 SEC filing.

Shares of Palo Alto Networks Inc (PANW) now have a 14-day ADX of 27.99. Next quarter's EPS is forecasted at $0.78 with next year's EPS projected to be $4.14.

Palo Alto Networks has a 52 week low of $107.31 and a 52 week high of $165.69 The company's market cap is now $0. Vetr upgraded the stock to "Strong-Buy" rating in Wednesday, September 2 report. About shares traded. Palo Alto Networks Inc (NYSE:PANW) has declined 16.31% since September 6, 2016 and is downtrending. Out of 51 Wall Street analysts rating Palo Alto Networks, 36 give it "Buy", 1 "Sell" rating, while 14 recommend "Hold". Therefore 71% are positive. The consensus analyst target price is $150.58. More interesting news about Palo Alto Networks Inc (NYSE:PANW) were released by: Investorplace.com and their article: "Palo Alto Networks Inc (PANW) Stock Will Make a Big Earnings Move" published on August 25, 2017 as well as Marketwatch.com's news article titled: "Palo Alto Networks jumps as earnings beat, CFO announces retirement" with publication date: August 31, 2017. The company was maintained on Tuesday, November 24 by Topeka Capital Markets. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. (NYSE:PANW)'s stock had its "buy" rating restated by analysts at Rosenblatt Securities in a research note issued on Friday. The firm has "Buy" rating by Stifel Nicolaus given on Friday, May 20. The firm has "Market Perform" rating given on Monday, January 9 by Wells Fargo. This trading sentiment put the stock on Active spotlight. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.75 average brokerage recommendation. Adjusted earnings of 92 cents per share beat the consensus of 79 cents, for its fiscal fourth quarter ended July 31. Pennsylvania Trust Co owns 2,125 shares. DA Davidson initiated Palo Alto Networks Inc (NYSE:PANW) on Friday, October 16 with "Neutral" rating. Renaissance Technology Ltd reported 1.85M shares. Finally, William Blair restated a "market perform" rating on shares of Palo Alto Networks in a report on Tuesday. Guggenheim Capital Lc holds 0.01% or 22,566 shares. Corporate insiders own 4.80% of the company's stock. Robeco Institutional Asset Management Bv holds 0.25% of its portfolio in Palo Alto Networks Inc (NYSE:PANW) for 255,738 shares. Palo Alto Networks had a negative return on equity of 19.08% and a negative net margin of 12.57%.

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Scge Management L.P. holds 9.38% of its portfolio in Palo Alto Networks Inc for 225,000 shares. Darrell & King LLC raised its position in shares of Palo Alto Networks by 1.8% during the 2nd quarter. Cambridge Trust Co reported 97,854 shares.

Disciplined Growth Investors Inc Mn holds 3.81% of its portfolio in Plexus Corp. for 3.08 million shares. Keybank Natl Association Oh, a Ohio-based fund reported 39,762 shares. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 32.23. Glenmede Na invested in 0.02% or 69,006 shares. Its down 0.03, from 0.94 in 2016Q3. It improved, as 90 investors sold AAPL shares while 975 reduced holdings. 84 funds opened positions while 121 raised stakes. The hedge funds in our partner's database now own: 74.32 million shares, down from 77.88 million shares in 2016Q3. Bluemountain Cap Mngmt Limited Liability Company accumulated 175 shares.

Genesis Healthcare, Inc. (NYSE:GEN)'s earnings per share has been growing at a 33.5 percent rate over the past 5 year when average revenue increase was noted as 46.4 percent. On September 1 the company was upgraded to "Overweight" from "Overweight" in a report issued by JP Morgan. Natl Bank Of Montreal Can holds 82,654 shares. Grassi Mgmt holds 2.04% or 96,933 shares. Bnp Paribas Arbitrage stated it has 0.04% of its portfolio in American Airlines Group Inc (NASDAQ:AAL). Strs Ohio reported 176,061 shares. First Dallas Secs owns 2,934 shares. Covington Mngmt holds 1,885 shares.


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