Palo Alto Networks, Inc. s trend and data analysis indicates that the stock price has dropped -9.1% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -27.31% . Looking at the past 52 week period, the stock price is down -25.63% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Palo Alto Networks, Inc. has a negative value of -2.19 compared to overall market performance.Based on the Stock Research the Relative Strength Index signal is in over sold territory with a range of 27.65.
Palo Alto Networks, Inc. (NYSE:PANW) has tumbled 2.58% during the past week and has dropped 25.17% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.81%. Palo Alto Networks, Inc. (NYSE:PANW) has underperformed the index by 26.02% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. Palo Alto Networks, Inc. (NYSE:PANW) stock ended Friday session in the red zone in a volatile trading. The stock closed down 1.17 points or 1% at $115.81 with 1,614,016 shares getting traded. Post opening the session at $117.48, the shares hit an intraday low of $115.78 and an intraday high of $117.6 and the price was in this range throughout the day. The company has a market cap of $10,659 million and the number of outstanding shares has been calculated to be 92,036,258 shares. The 52-week high of Palo Alto Networks, Inc. (NYSE:PANW) is $165.69 and the 52-week low is $113.7.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Palo Alto Networks Inc was Downgraded by Argus to Hold on Mar 3, 2017. Palo Alto Networks Inc was Downgraded by Argus to Hold on Mar 3, 2017. Company shares were Downgraded by Imperial Capital on Mar 2, 2017 to In-line, Raises Price Target to $ 180 from a previous price target of $137 .Palo Alto Networks Inc was Downgraded by First Analysis Sec on Mar 1, 2017 to Equal-Weight, Lowers Price Target to $ 120 from a previous price target of $175 .Palo Alto Networks Inc was Downgraded by JP Morgan to Neutral on Mar 1, 2017.
Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Nir Zuk (CTO) sold 11,135 shares at 149.83 per share price.On Dec 28, 2016, Mark Anderson (President) sold 1,964 shares at 125.00 per share price.On Dec 22, 2016, Rene Bonvanie (Chief Marketing Officer) sold 4,405 shares at 126.13 per share price.
Palo Alto Networks Inc Last issued its quarterly earnings results on Feb 28, 2017. The company reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.62. The company had revenue of $422.60 million for the quarter, compared to analysts expectations of $429.51 million. The companys revenue was up 26.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.
Palo Alto Networks, Inc. offers a network security platform that allows enterprises, service providers, and government entities to secure their networks. The core of its platform is the Companys firewall that delivers natively integrated application, user, and content visibility and control through its operating system, hardware, and software architecture. It serves the enterprise network security market, which consists of Firewall, Unified Threat Management, Web Gateway, Intrusion Detection and Prevention, and Virtual Private Network technologies. Palo Alto Networks, Inc. is headquartered in Santa Clara, California.