Palo Alto Networks revenues surge 41% in July quarter

SYMC CHKP PANW FEYE FTNT IMPV FFIV Why Security Stocks Are Down Today

Cybersecurity SYMC CHKP PANW FEYE FTNT IMPV FFIV Why Security Stocks Are Down Today

The trading activity of 1.18 Million shares climbed down over an average volume of 1.68 Million shares. The reported earnings missed the analyst's consensus by $0.00 with the surprise factor of 0.00%. Over the same time span, the stock notched a high price of US$194.73 and its minimum level reached was US$111.09. GG market capitalization is 13.92B with 10652 employees.

Palo Alto Networks, Inc.

CFO Steffan Tomlinson said the company's margins grew to 79.4 percent, netting $46.2 million in income for the quarter. The return on equity ratio or ROE stands at -38.1% while most common profitability ratio return on investment (ROI) was -14.7%. Following the completion of the transaction, the chief executive officer now directly owns 633,130 shares in the company, valued at $87,644,185.90.

Palo Alto Networks, Inc. has a 50 day moving average of 130.97 and a 200 day moving average of 137.93.

A number of FactSet analysts shared their views about the current stock momentum. The company said it had a profit of $0.50 Earnings per Share for the quarter.

Davidson also projects billings of $587.8 million, or an increase of 49% year-over-year, and earnings of 48 cents per share. 2 analysts call it Overweight, while 0 think it is Underweight.

Goldcorp Inc. (NYSE:GG) was upgraded by investment analysts at Vetr from a "buy" rating to a "strong-buy" rating in a note issued to investors on Wednesday.

SYSCO Corporation (NYSE:SYY) went up +0.58% during trading on 8/29/2016, hitting $52.59. (NASDAQ:GILD) traded 15.32 Million shares and was closed at 78.17. More than that, CyberArk is a member of the IBD 50 list of top-performing stocks over the past 12 months.

Currently, the stock carries a price to earnings ratio of 17.3, a price to book ratio of 2.22, and a price to sales ratio of 2.67. For comparison, a number of other analysts have commented on the company recently, and the company has earned a consensus one-year price target of $183.72, higher than the opening price of $141.22, a difference of 165.50 percent. The median estimate represents a -0.29% decrease from the last price of 92.27.

These instituitional investors have teams of analysts researching thousands of stocks, so it is good confirmation to see them buying a stock you are considering.

According to FactSet data, the consensus projects NCI to report profit of 28 cents per share.

Jerry Rice, White House weigh in on Kaepernick
FBI to release documents related to Hillary Clinton email probe soon