Palo Alto Networks Stock Went Up By Over 29% In The Last 21 Sessions

(VIANEWS) – Shares of Palo Alto Networks (NYSE: PANW) jumped by a staggering 29.94% in 21 sessions from $189.73 to $246.53 at 14:51 EST on Monday, after five sequential sessions in a row of gains. NYSE is sliding 0.2% to $15,795.12, following the last session’s downward trend.

Palo Alto Networks’s last close was $246.53, 0.47% below its 52-week high of $247.70.

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 $0.67.

PE Ratio

Palo Alto Networks has a trailing twelve months price to earnings ratio of 367.96. Meaning, the purchaser of the share is investing $367.96 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 27.43%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24.1%, now sitting on 6.49B for the twelve trailing months.

Yearly Top and Bottom Value

Palo Alto Networks’s stock is valued at $246.53 at 14:51 EST, below its 52-week high of $247.70 and way above its 52-week low of $132.22.

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