Palo Alto Networks, Inc. (PANW) Analysts See $-0.21 EPS

February 20, 2018 - By Lynda A. Deweese

 Palo Alto Networks, Inc. (PANW) Analysts See $ 0.21 EPS
Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.22, from 0.94 in 2017Q2. It is positive, as 43 investors sold Palo Alto Networks, Inc. shares while 148 reduced holdings. 63 funds opened positions while 159 raised stakes. 70.19 million shares or 3.76% more from 67.64 million shares in 2017Q2 were reported.
Shamrock Asset Management Ltd reported 0% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Nordea Inv Ab invested 0% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Qci Asset Management Incorporated has invested 1.31% in Palo Alto Networks, Inc. (NYSE:PANW). Deutsche Retail Bank Ag has 923,864 shares for 0.09% of their portfolio. Halsey Associates Inc Ct holds 54,863 shares or 1.56% of its portfolio. Caisse De Depot Et Placement Du Quebec invested 0% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). State Of New Jersey Common Pension Fund D invested 0.16% in Palo Alto Networks, Inc. (NYSE:PANW). Hills Retail Bank Com holds 0.45% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 9,991 shares. Cullen Frost Bankers Incorporated holds 2,788 shares. Chesley Taft Assocs Lc stated it has 0.31% in Palo Alto Networks, Inc. (NYSE:PANW). Fmr Ltd accumulated 176,920 shares. Century stated it has 2.38M shares or 0.35% of all its holdings. Bank & Trust Of America De has invested 0.03% in Palo Alto Networks, Inc. (NYSE:PANW). Cornerstone Advsrs owns 592 shares or 0.06% of their US portfolio. Banque Pictet Cie Sa owns 0.02% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 6,230 shares.

Since September 8, 2017, it had 0 insider purchases, and 15 sales for $63.89 million activity. 27,248 Palo Alto Networks, Inc. (NYSE:PANW) shares with value of $4.09M were sold by BONVANIE RENE. On Friday, September 8 Eschenbach Carl M. sold $227,920 worth of Palo Alto Networks, Inc. (NYSE:PANW) or 1,572 shares. 30,000 shares were sold by ZUK NIR, worth $4.76M. MERESMAN STANLEY J also sold $318,000 worth of Palo Alto Networks, Inc. (NYSE:PANW) shares. Anderson Mark sold $6.36 million worth of Palo Alto Networks, Inc. (NYSE:PANW) on Thursday, September 14.

Analysts expect Palo Alto Networks, Inc. (NYSE:PANW) to report $-0.21 EPS on February, 27.They anticipate $0.37 EPS change or 63.79 % from last quarter’s $-0.58 EPS. After having $-0.16 EPS previously, Palo Alto Networks, Inc.’s analysts see 31.25 % EPS growth. The stock increased 0.74% or $1.2 during the last trading session, reaching $163.28. About 879,616 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has declined 16.31% since February 20, 2017 and is downtrending. It has underperformed by 33.01% the S&P500.

Palo Alto Networks, Inc. (NYSE:PANW) Ratings Coverage

Among 52 analysts covering Palo Alto Networks (NYSE:PANW), 42 have Buy rating, 2 Sell and 8 Hold. Therefore 81% are positive. Palo Alto Networks had 185 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Positive” rating by OTR Global on Thursday, May 11. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Outperform” rating by Northland Capital on Thursday, January 21. On Thursday, June 1 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Tuesday, November 24 by UBS. The stock has “Market Perform” rating by BMO Capital Markets on Friday, September 1. As per Tuesday, November 24, the company rating was maintained by FBR Capital. The firm earned “Outperform” rating on Thursday, May 25 by IBC. On Friday, May 27 the stock rating was maintained by Pacific Crest with “Overweight”. Maxim Group maintained Palo Alto Networks, Inc. (NYSE:PANW) rating on Wednesday, August 31. Maxim Group has “Buy” rating and $185 target. RBC Capital Markets maintained it with “Outperform” rating and $185 target in Friday, May 27 report.

Palo Alto Networks, Inc. provides security platform solutions worldwide. The company has market cap of $15.00 billion. The Company’s platform includes Next-Generation Firewall that delivers application, user, and content visibility and control, as well as protection against network cyber threats; Advanced Endpoint Protection, which prevents cyber-attacks that exploit software vulnerabilities on various fixed, mobile, and virtual endpoints and servers; and Threat Intelligence Cloud, which offers central intelligence capabilities, security for software as a service applications, and automated delivery of preventative measures against cyber-attacks. It currently has negative earnings. The firm provides firewall appliances and software; Panorama, a security management solution for the control of appliances deployed on an end-customer's network 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.

More notable recent Palo Alto Networks, Inc. (NYSE:PANW) news were published by: Businesswire.com which released: “Box and Palo Alto Networks Strengthen Integration to Protect the Extended …” on February 12, 2018, also Investorplace.com with their article: “Trade of the Day: Palo Alto Networks Inc Stock Clears the Hurdle” published on January 24, 2018, Gurufocus.com published: “Frank Sands Buys Loxo Oncology Inc, Palo Alto Networks Inc, Sea, Sells …” on February 14, 2018. More interesting news about Palo Alto Networks, Inc. (NYSE:PANW) were released by: Prnewswire.com and their article: “Palo Alto Networks to Announce Fiscal Second Quarter 2018 Financial Results on …” published on February 02, 2018 as well as Gurufocus.com‘s news article titled: “Palo Alto Networks Inc (PANW) CEO Mark D Mclaughlin Sold $5.5 million of Shares” with publication date: February 05, 2018.

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