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Palo Alto Networks Splashes £85 Million On Behavioural Analytics Firm LightCyber

Palo Alto Networks Splashes £85 Million On Behavioural Analytics Firm LightCyber

Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.00.

A number of other research analysts have also commented on the company.

Palo Alto Networks expects in the third quarter, the revenue of $406 million to $416 million and adjusted profit of 54 cents to 56 cents per share for the quarter. PANW right now sits at consensus rating of 1.80 while 20 analysts have advocated the shares as "BUY", 15 calls it an "OUTPERFORM" and 7 suggest "HOLD". Looking ahead, the company guided earnings of 12 - 18 cents a share for first quarter, which is sharply higher than the analysts' expectations of five cents.

In other news, insider Nir Zuk sold 2,000 shares of the stock in a transaction on Monday, January 9th. Frontier Wealth Management LLC raised its stake in Palo Alto Networks by 4.1% in the second quarter.

During last 5 trades the stock sticks nearly -2.50%.

There are now 91,686,000 shares in issue with a current share value of 151.9 giving Palo Alto Networks a market capitalisation of 13.93B United States dollars. The Market Cap of the company stands at 14.09 Billion. The company's institutional ownership is monitored at 81.5 percent.

Stock market analysts watching Palo Alto Networks, Inc. (NYSE:PANW) is worth US$13.9 Billion and has recently fallen -1.33% to US$151.9. Following the completion of the sale, the president now owns 254,951 shares in the company, valued at approximately $31,868,875.




Shares of Palo Alto Networks (NYSE:PANW) traded up 0.02% during mid-day trading on Friday, hitting $155.32. A next-generation market leader has yet to emerge in this space, which leaves room for Palo Alto to expand its customer base quickly.

Palo Alto says when LightCyber becomes part of its next-generation firewall products it will add very specific protections.

Palo Alto Networks (NYSE:PANW) last posted its quarterly earnings data on Monday, November 21st.

Analysts are cutting their price targets on SRPT, after the company's unimpressive fourth-quarter earnings report. Similarly, the positive performance for the quarter recorded as 7.34% and for the year was 4.91%, while the YTD performance remained at 21.47%. Zacks estimates excluded $0.09 from non-recurring items.

Geographically, on a year-over-year basis, revenues from the Americas increased 28% and represented 69% of total revenue. The price moves in Palo Alto Networks, Inc. post earnings have produced an average decrease of -6.89% and an average decrease of -2.75% on next day and seventh day, sequentially. Morgan Stanley lowered Palo Alto Networks from an "overweight" rating to an "equal weight" rating in a report on Wednesday.

01/18/2017 - Jefferies began new coverage on Palo Alto Networks, Inc. giving the company a " rating. They set a hold rating and a $153.00 target price on the stock.

Currently, PANW has a Zacks Rank #1 (Strong Buy), but it is subject to change following the release of the company's latest earnings report. A "Buy" rating does not mean that every investor should acquire the stock.

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