Finance

News Bell: Palo Alto Networks, Inc. (NYSE:PANW) – Red Hat, Inc. (NYSE:RHT)

Palo Alto Networks, Inc. (NYSE:PANW)

Palo Alto Networks, Inc. offers a network security platform that allows enterprises, service providers, and government entities to secure their networks. The core of its platform is the Company’s firewall that delivers natively integrated application, user, and content visibility and control through its operating system, hardware, and software architecture. It serves the enterprise network security market, which consists of Firewall, Unified Threat Management, Web Gateway, Intrusion Detection and Prevention, and Virtual Private Network technologies. Palo Alto Networks, Inc. is headquartered in Santa Clara, California.

Palo Alto Networks, Inc. (NYSE:PANW)’s Financial Overview

Palo Alto Networks, Inc. (NYSE) surged 2.29% yesterday to close its trading session at $188.35. The company has 1 year Price Target of $242.63. Palo Alto Networks, Inc. has 52-Week high of $239.5 and 52-Week Low of $145.1. The stock touched its 52-Week High on 239.50 and 52-Week Low on 144.92. The stock traded with the volume of 1.25 Million shares yesterday. The firm shows the market capitalization of $18.22 Billion.

Palo Alto Networks, Inc. (NYSE) reported its last quarterly earnings on 10/30/2018 where the firm reported its Actual EPS of $1.17/share against the analyst consensus estimate of $1.05/share. The difference between the actual and expected EPS is $0.12 a share with a surprise factor of 11.4%.

The firm is trading with SMA20 of 4.89 Percent, SMA50 of 4.22 Percent and SMA200 of -6.27 percent. Palo Alto Networks, Inc. has P/S value of 7.52 while its P/B value stands at 14.1. Similarly, the company has Return on Assets of -2.5 percent, Return on Equity of -13 percent and Return on Investment of -4.8 Percent. The company shows Gross Margin and Operating Margin of 71.6 percent and -4.4 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 1.9 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 37 analysts offering 12-month price forecasts for Palo Alto Networks Inc have a median target of 250.00, with a high estimate of 287.00 and a low estimate of 160.00. The median estimate represents a +32.73% increase from the last price of 188.35.

Palo Alto Networks, Inc. is estimated to report earnings on 02/25/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.05. The reported EPS for the same quarter last year was $-0.4.

Red Hat, Inc. (NYSE:RHT)

Red Hat is the world’s leading provider of open source software solutions, using a community-powered approach to provide reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As a connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT.

Red Hat, Inc. (NYSE:RHT)’s Financial Outlook

The 21 analysts offering 12-month price forecasts for Red Hat Inc have a median target of 190.00, with a high estimate of 190.00 and a low estimate of 145.00. The median estimate represents a +8.18% increase from the last price of 175.64.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Red Hat, Inc. has a Consensus Recommendation of 2.53. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0.6% and closed its last trading session at $175.64. The company has the market capitalization of $31 Billion. The stock has 52-week high of $179.49 and 52-Week low of $115.31. The firm touched its 52-Week high on 179.49 and 52-Week low on 115.31. The company has volume of 1.14 Million shares. The company has a total of 176.5 Million shares outstanding.

Red Hat, Inc. (NYSE) in the last quarter reported its actual EPS of $0.96/share where the analyst estimated EPS was $0.87/share. The difference between the actual and Estimated EPS is $0.09. This shows a surprise factor of 10.3 percent.

The company has YTD performance of 46.24 percent. Beta for Red Hat, Inc. stands at 0.58 while its ATR (average true range) is 1.41. The company has Weekly Volatility of 0.83%% and Monthly Volatility of 0.79%%.

Red Hat, Inc. has distance from 20-day Simple Moving Average (SMA20) of -0.32%, Distance from 50-Day Simple Moving Average of 5.73 percent and Distance from 200-Day Simple Moving Average of 13.98%.

The Company currently has ROA (Return on Assets) of 5.9 percent, Return on Equity (ROE) of 21.2 Percent and Return on Investment (ROI) of 16.9% with Gross margin of 85.3 percent and Operating & Profit margin of 15.3% and 9.2% respectively.