Palo Alto Networks Stock Fundamentals
| PANW Stock | 24.35 0.28 1.16% |
PALO ALTO NETWORKS fundamentals help investors to digest information that contributes to PALO ALTO's financial success or failures. It also enables traders to predict the movement of PALO Stock. The fundamental analysis module provides a way to measure PALO ALTO's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PALO ALTO stock.
At present, PALO ALTO's Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 271 M, whereas Selling General Administrative is forecasted to decline to about 2.6 B. PALO | Select Account or Indicator |
PALO ALTO NETWORKS Company Revenue Analysis
PALO ALTO's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current PALO ALTO Revenue | 6.89 B |
Most of PALO ALTO's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PALO ALTO NETWORKS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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PALO Total Revenue
Total Revenue |
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Based on the latest financial disclosure, PALO ALTO NETWORKS reported 6.89 B of revenue. This is 69.12% higher than that of the Technology sector and 47.88% lower than that of the Software - Infrastructure industry. The revenue for all Canada stocks is 26.94% higher than that of the company.
PALO ALTO NETWORKS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PALO ALTO's current stock value. Our valuation model uses many indicators to compare PALO ALTO value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PALO ALTO competition to find correlations between indicators driving PALO ALTO's intrinsic value. More Info.PALO ALTO NETWORKS is rated top company in revenue category among its peers. It also is considered to be number one stock in net income category among its peers making up about 0.06 of Net Income per Revenue. The ratio of Revenue to Net Income for PALO ALTO NETWORKS is roughly 15.68 . At present, PALO ALTO's Total Revenue is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PALO ALTO's earnings, one of the primary drivers of an investment's value.PALO Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PALO ALTO's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PALO ALTO could also be used in its relative valuation, which is a method of valuing PALO ALTO by comparing valuation metrics of similar companies.PALO ALTO is currently under evaluation in revenue category among its peers.
PALO Fundamentals
| Revenue | 6.89 B | ||||
| Net Income | 439.7 M | ||||
| Total Debt | 1.99 B | ||||
| Cash Flow From Operations | 2.78 B | ||||
| Number Of Employees | 15.29 K | ||||
| Total Asset | 14.5 B | ||||
| Retained Earnings | (1.23 B) | ||||
| Working Capital | (1.69 B) | ||||
| Net Asset | 14.5 B |
About PALO ALTO Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PALO ALTO NETWORKS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PALO ALTO using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PALO ALTO NETWORKS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Total Revenue | 7.9 B | 5.5 B | |
| Cost Of Revenue | 2.2 B | 1.6 B |
Pair Trading with PALO ALTO
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PALO ALTO position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PALO ALTO will appreciate offsetting losses from the drop in the long position's value.Moving against PALO Stock
| 0.78 | VENZ | Venzee Technologies Earnings Call This Week | PairCorr |
| 0.69 | VERS | VERSES AI | PairCorr |
| 0.68 | TD | Toronto Dominion Bank | PairCorr |
| 0.56 | PAY | Payfare | PairCorr |
| 0.42 | NBVA | Nubeva Technologies | PairCorr |
The ability to find closely correlated positions to PALO ALTO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PALO ALTO when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PALO ALTO - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PALO ALTO NETWORKS to buy it.
The correlation of PALO ALTO is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PALO ALTO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PALO ALTO NETWORKS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PALO ALTO can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PALO ALTO NETWORKS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.