Palo Alto Networks Inc (NASDAQ: PANW) has reported earnings for its first fiscal quarter (ending October 31) of $0.63 versus $0.07 for the same period a year ago — an increase of 800%. Relative to the consensus estimate of $1.16, this was a shortfall of $-0.53. For the latest four quarters through October 31, E.P.S. were $2.00 compared to $-0.48 a year ago.
Recent Price Action
On 11/15/23, Palo Alto Networks Inc (NASDAQ: PANW) stock declined by -1.9%, closing at $256.18. The stock has risen 5.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
PANW is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Palo Alto Networks has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Palo Alto Networks has a slightly negative Appreciation Score of 30 but a very high Power Rating of 94, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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