Media stories about Palo Alto Networks (NYSE:PANW) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Palo Alto Networks earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news stories about the network technology company an impact score of 45.5750927573825 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

A number of equities research analysts recently issued reports on the company. BidaskClub upgraded Palo Alto Networks from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. UBS AG restated a “neutral” rating and issued a $140.00 price objective (up from $130.00) on shares of Palo Alto Networks in a research note on Monday, June 5th. Susquehanna Bancshares Inc assumed coverage on Palo Alto Networks in a research note on Wednesday, June 7th. They issued a “neutral” rating and a $145.00 price objective on the stock. Barclays PLC restated an “overweight” rating and issued a $158.00 price objective (up from $145.00) on shares of Palo Alto Networks in a research note on Thursday, June 1st. Finally, Citigroup Inc. restated a “neutral” rating and issued a $147.00 price objective (up from $130.00) on shares of Palo Alto Networks in a research note on Thursday, June 1st. One equities research analyst has rated the stock with a sell rating, nineteen have issued a hold rating and twenty-seven have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $150.94.

Palo Alto Networks (NYSE:PANW) opened at 131.43 on Wednesday. Palo Alto Networks has a one year low of $107.31 and a one year high of $165.69. The company’s 50 day moving average price is $134.92 and its 200-day moving average price is $127.90. The company’s market cap is $12.07 billion.

Palo Alto Networks (NYSE:PANW) last posted its quarterly earnings data on Wednesday, May 31st. The network technology company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.06. Palo Alto Networks had a negative return on equity of 23.77% and a negative net margin of 14.38%. The company had revenue of $431.80 million during the quarter, compared to analysts’ expectations of $412.11 million. During the same quarter in the previous year, the business earned $0.42 EPS. Palo Alto Networks’s revenue was up 24.9% compared to the same quarter last year. On average, analysts forecast that Palo Alto Networks will post $2.59 EPS for the current fiscal year.

In related news, Director James J. Goetz sold 30,000 shares of the business’s stock in a transaction on Monday, July 10th. The stock was sold at an average price of $137.97, for a total transaction of $4,139,100.00. Following the completion of the transaction, the director now owns 271,645 shares in the company, valued at approximately $37,478,860.65. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.80% of the stock is owned by insiders.

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Palo Alto Networks Company Profile

Palo Alto Networks, Inc offers a next-generation security platform. The Company’s security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud. Its Next-Generation Firewall delivers application, user and content visibility and control, as well as protection against network-based cyber threats integrated within the firewall through its hardware and software architecture.

Insider Buying and Selling by Quarter for Palo Alto Networks (NYSE:PANW)

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