For its third fiscal quarter (ending April 30), Palo Alto Networks Inc (NASDAQ: PANW) has reported E.P.S. of $0.86 compared to $0.35 a year ago. For the latest four quarters through April 30, E.P.S. were $7.73 compared to $0.71 a year ago.
Recent Price Action
Palo Alto Networks Inc (NASDAQ: PANW) stock increased 1.9% on 5/20/24. The shares closed at $323.77. Moreover, exceptionally high trading volume at 208% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 8.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, PANW is expected to continue to be a major Value Builder.
Palo Alto Networks has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Palo Alto Networks has a poor Appreciation Score of 18 but a good Power Rating of 74, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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