News Image

Is PALO ALTO NETWORKS INC (NASDAQ:PANW) suited for growth investing?

By Mill Chart

Last update: Sep 11, 2023

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if PALO ALTO NETWORKS INC (NASDAQ:PANW) is suited for growth investing. Investors should of couse do their own research, but we spotted PALO ALTO NETWORKS INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Why NASDAQ:PANW may be interesting for growth investors.

  • PALO ALTO NETWORKS INC showcases a robust Return on Equity (ROE) of 25.15%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
  • With a track record of beating EPS estimates in the last 4 quarters, PALO ALTO NETWORKS INC showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
  • With impressive 1-year revenue growth of 25.29%, PALO ALTO NETWORKS INC showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
  • PALO ALTO NETWORKS INC has achieved 25.98% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
  • PALO ALTO NETWORKS INC has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
  • PALO ALTO NETWORKS INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
  • With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), PALO ALTO NETWORKS INC highlights its ability to generate increasing profitability, showcasing a 80.75% growth.
  • Analysts' average next Quarter EPS Estimate for PALO ALTO NETWORKS INC has witnessed a 4.29% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
  • In the most recent financial report, PALO ALTO NETWORKS INC reported a 80.75% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • accelerating EPS growth for PALO ALTO NETWORKS INC: the current Q2Q growth of 80.75% exceeds the previous year Q2Q growth of 49.38%.

How does the complete fundamental picture look for NASDAQ:PANW?

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Taking everything into account, PANW scores 6 out of 10 in our fundamental rating. PANW was compared to 282 industry peers in the Software industry. Both the profitability and the financial health of PANW get a neutral evaluation. Nothing too spectacular is happening here. PANW is valued quite expensive, but it does show an excellent growth. With these ratings, PANW could be worth investigating further for growth investing!.

Check the latest full fundamental report of PANW for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

Back

PALO ALTO NETWORKS INC

NASDAQ:PANW (5/3/2024, 8:37:03 AM)

292.855

-2.46 (-0.83%)

PANW News

News Image14 hours ago - PRLogThe Millennium Alliance Opens 2024 With Major Sponsor Commitments For Their Award-Winning Assemblies From Some of Tech's Biggest Players

Including Dell, Splunk, Medtronic, Trend Micro, GE Healthcare, IBM, Verizon, TCS, Palo Alto Networks and AWSNEW YORK - May 2, 2024 - PRLog -- The Millennium Alliance, an invitation-only organization for Senior-Level Executives and Business Transformers, on the heels of an incredibly successful 2023, has started this year by securing commitments from some of the leading global organizations. These renowned brands include Dell, Splunk, Medtronic, Trend Micro, GE Healthcare, IBM, Verizon, TCS, Palo Alto Networks, and AWS. Upon announcing the opening of their European Headquarters earlier this year, the response from partners has been overwhelmingly positive, which has resulted in a major spike in demand for sponsorship opportunities."One of the main reasons why Millennium has become the leading organizer of peer-to-peer Senior Executive Programs is due to being fortunate enough to collaborate with many of the most successful global brands. Throughout the past 10 years, our team has formed close relationships with so many phenomenal organizations. We're looking forward to continuing to serve our community by continuing to expand our incredible network of partners." - Alex Sobol, Co-Founder, The Millennium AllianceTo see even more of the powerful partners that Millennium is working with, check out their packed calendar of assemblies and digital transformation online community.For more information or to get in contact with The Millennium Alliance directly, contactinfo@mill-all.com.ABOUT THE MILLENNIUM ALLIANCEThe Millennium Alliance is a leading technology and business educational advisory firm with the sole mission of helping to transform the digital enterprise. Through our executive education platform, peer-to-peer learning model via our senior-level Assemblies, exclusive research projects conducted with Ivy League academic institutions, and our numerous digital properties, we have become a trusted source for real-world tangible learning and engagement opportunities for senior executives and their technology partners.This all started in 2014 when our founders, Alex Sobol & Rob Davis decided to create the most intimate, high-level & exclusive in-person and online think tank for leaders in a wide variety of industries within both the private and public sectors: The Millennium Alliance. Since its founding, Millennium has built a strong reputation nationwide, now with thousands of engaged Members, and was recently featured on the Inc. 5000 list of fastest-growing companies. The Millennium Alliance is headquartered in Midtown Manhattan and has European operations in Central City London.

News Image15 hours ago - The Motley FoolIs Palo Alto Networks Stock Going to $360? 1 Wall Street Analyst Thinks So.

This cybersecurity leader is shifting gears in its strategy to capture more share of a booming market.

News Imagea day ago - InvestorPlaceStock Market Crash Alert: 3 Must-Buy Cybersecurity Stocks When Prices Plunge

The recent selloff in tech stocks creates an opportunity for opportunistic investors to find cybersecurity stocks to buy.

News Imagea day ago - Palo Alto Networks, Inc.Palo Alto Networks to Announce Fiscal Third Quarter 2024 Financial Results on Monday, May 20, 2024

/PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that it will release the financial results for its fiscal...

News Imagea day ago - Palo Alto Networks, Inc.Palo Alto Networks Raises the Bar Delivering the Most Comprehensive SASE Capabilities

/PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced its latest innovations to future-proof and transform the...

News Image3 days ago - Bragar Eagel & SquirePALO ALTO NETWORKS ALERT: Bragar Eagel & Squire, P.C. is Investigating Palo Alto Networks, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
News Image4 days ago - CNBCCramer's Lightning Round: Palo Alto Networks is a buy

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

News Image4 days ago - Zacks Investment ResearchPalo Alto Networks (PANW) Rises Higher Than Market: Key Facts

The latest trading day saw Palo Alto Networks (PANW) settling at $293.51, representing a +0.72% change from its previous close.

News Image4 days ago - Market News VideoNoteworthy Monday Option Activity: GS, PANW, LMND
News Image4 days ago - InvestorPlaceShhh! 3 Secret Cybersecurity Stocks Flying Below Wall Street’s Radar

With cybersecurity threats set to increase thanks to unpreparedness, these under the radar cybersecurity stocks should thrive.

News Image5 days ago - The Motley FoolFormer House Speaker Nancy Pelosi Nearly Tripled the S&P 500's Returns in 2023: Here Are the Stocks She's Been Buying

Nancy Pelosi's husband Paul Pelosi uses an investing strategy that lowers upfront costs.

News Image6 days ago - InvestorPlaceThe Top 3 Cybersecurity Stocks to Buy in April 2024

Compliance requirements from regulators and the threat of ransomware attacks will deliver more business for these top cybersecurity stocks.

PANW Links
Follow us for more