Palo Alto Networks Stock is a Favorite of Value Investors
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Palo Alto Networks' Debt figure was $338 Mil at the end of the most recent quarter, while its market capitalization is $132 Bil. This implies a very strong Debt-to-Equity Ratio of 0.3% (vs. 21.2% for S&P 500). [Note: A low Debt-to-Equity Ratio is desirable]
Palo Alto Networks (NASDAQ:PANW) shares are trading higher after the company beat fourth-quarter estimates and issued strong guidance. Following the earnings release, several Wall Street analysts reiterated their positive outlook on the stock.
Palo Alto Networks Inc. jumped on a stronger-than-expected annual forecast, as the company seeks to provide customers with a bundle of AI-enabled cybersecurity products to fend off attacks.
Palo Alto Networks, Inc.'s shares are poised to rebound after 14% selloff post-CyberArk acquisition. Click for why PANW concerns may ease and drive recovery.
The cybersecurity firm said its “platformization” strategy is beginning to pay dividends as more large customers consolidate their spending on its offerings.
Lee Klarich, CPO, has been appointed to the Board of Directors and will assume the role of Chief Product and Technology Officer (CPT) following Zuk’s departure.
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Palo Alto Networks (PANW) was in the spotlight on Tuesday after its latest quarterly results and guidance were better-than-expected and Wall Street heaped praise. Read for more.
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