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NASDAQ:PANW—A High-Growth Stock Gearing Up for Its Next Upward Move.

By Mill Chart

Last update: Nov 23, 2023

For growth-minded investors, high revenue and EPS growth are key criteria. Today, we'll examine whether PALO ALTO NETWORKS INC (NASDAQ:PANW) fits the bill for growth investing, particularly as it forms a base and hints at a potential breakout. Remember, due diligence is essential, but PALO ALTO NETWORKS INC has caught our attention on our screen for growth with base formation. It may warrant additional investigation.

Growth Insights: NASDAQ:PANW

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:PANW boasts a 9 out of 10:

  • The Earnings Per Share has grown by an impressive 77.29% over the past year.
  • PANW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.93% yearly.
  • Looking at the last year, PANW shows a very strong growth in Revenue. The Revenue has grown by 23.89%.
  • Measured over the past years, PANW shows a very strong growth in Revenue. The Revenue has been growing by 24.83% on average per year.
  • The Earnings Per Share is expected to grow by 23.78% on average over the next years. This is a very strong growth
  • PANW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.16% yearly.

A Closer Look at Health for NASDAQ:PANW

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NASDAQ:PANW, the assigned 5 for health provides valuable insights:

  • PANW has an Altman-Z score of 4.32. This indicates that PANW is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.32, PANW is in the better half of the industry, outperforming 70.14% of the companies in the same industry.
  • PANW has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.

Looking at the Profitability

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:PANW, the assigned 6 is noteworthy for profitability:

  • PANW has a Return On Assets of 4.15%. This is amongst the best in the industry. PANW outperforms 83.45% of its industry peers.
  • With an excellent Return On Equity value of 28.28%, PANW belongs to the best of the industry, outperforming 94.96% of the companies in the same industry.
  • The Return On Invested Capital of PANW (6.25%) is better than 83.45% of its industry peers.
  • The Profit Margin of PANW (8.52%) is better than 84.53% of its industry peers.
  • PANW has a better Operating Margin (8.15%) than 80.22% of its industry peers.
  • PANW has a Gross Margin of 73.35%. This is in the better half of the industry: PANW outperforms 67.27% of its industry peers.

How does the Setup look for NASDAQ:PANW

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NASDAQ:PANW this score is currently 7:

Although PANW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More Strong Growth stocks can be found in our Strong Growth screener.

For an up to date full fundamental analysis you can check the fundamental report of PANW

Our latest full technical report of PANW contains the most current technical analsysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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PALO ALTO NETWORKS INC

NASDAQ:PANW (2/22/2024, 7:02:29 PM)

After market: 268.25 +0.43 (+0.16%)

267.82

+5.85 (+2.23%)

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