Palo Alto Networks Stock Bullish Momentum With A 11.85% Jump Today

(VIANEWS) – The NYSE ended the session with Palo Alto Networks (PANW) jumping 11.85% to $186.67 on Wednesday while NYSE fell 0.32% to $15,523.00.

Palo Alto Networks’s last close was $166.89, 21.88% under its 52-week high of $213.63.

About Palo Alto Networks

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution for the control of firewall appliances and software deployed on a customer's network, as well as their instances in public or private cloud environments, 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. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, and firewall; and DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. In addition, the company offers cloud security, secure access, security operations, and threat intelligence and cyber security consulting; professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. Palo Alto Networks, Inc. sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was incorporated in 2005 and is headquartered in Santa Clara, California.

Earnings Per Share

As for profitability, Palo Alto Networks has a trailing twelve months EPS of $-3.84.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -27.93%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Palo Alto Networks’s stock is considered to be overbought (>=80).

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 34.5% and 30%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.3%, now sitting on 5.82B for the twelve trailing months.

Volatility

Palo Alto Networks’s last week, last month’s, and last quarter’s current intraday variation average was 1.03%, 0.92%, and 1.54%.

Palo Alto Networks’s highest amplitude of average volatility was 1.30% (last week), 1.60% (last month), and 1.54% (last quarter).

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