PANW

Palo Alto Networks Inc

TMT


Presented:10/18/2017
Price:$149.69
Cap:$13.61B
Current Price:$374.44
Cap:$121.92B

Presented

Date10/18/2017
Price$149.69
Market Cap$13.61B
Ent Value$11.13B
P/E RatioN/A
Book Value$8.30
Div Yield0%
Shares O/S90.90M
Ave Daily Vol1,304,570
Short Int4.95%

Current

Price$374.44
Market Cap$121.92B
Palo Alto Networks, Inc. engages in the provision of network security solutions. It offers network security functions which include threat protection, firewall, intrusion detection system, intrusion prevention system and uniform resource locator filtering. The company was founded by Nir Zuk, Rajiv Batra and Yuming Mao in March 2005 and is headquartered in Santa Clara, CA.

Publicly traded companies mentioned herein: Check Point Software Technologies Ltd (CHKP), Cisco Systems Inc (CSCO), Palo Alto Networks Inc (PANW)

Highlights

The presenter is long shares of Palo Alto Networks (PANW), expecting a period of growth inflection as the installed base that is coming up for product refresh cycles is now much larger. He believes concerns over the cloud transition negatively impacting the firewall market are unfounded. PANW shares have sold off over the course of the past year, which provides an attractive buying opportunity in the presenter’s view. He believes PANW shares can appreciate to $185, from $150 today, over the next few quarters.

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Idea Discussion

Commentor 1 - 2 weeks ago

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