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Palo Alto Networks (NASDAQ:PANW) is scheduled to announce its Q214 earnings results on Monday, February 24th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $139.62 million for the quarter. Palo Alto Networks has set its Q2 guidance at $0.08-0.09 EPS.Investors that wish to register for the company’s conference call can do so using this link.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, November 25th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.07 by $0.01. The company had revenue of $128.20 million for the quarter, compared to the consensus estimate of $120.81 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The company’s quarterly revenue was up 49.2% on a year-over-year basis. On average, analysts expect Palo Alto Networks to post $0.42 EPS for the current fiscal year and $0.75 EPS for the next fiscal year.

Palo Alto Networks (NASDAQ:PANW) opened at 73.14 on Friday. Palo Alto Networks has a 52-week low of $39.08 and a 52-week high of $74.06. The stock’s 50-day moving average is $63.42 and its 200-day moving average is $51.31. The company’s market cap is $5.302 billion.

Several analysts have recently commented on the stock. Analysts at Pacific Crest raised their price target on shares of Palo Alto Networks from $65.00 to $75.00 in a research note on Tuesday, February 4th. They now have an “outperform” rating on the stock. On a related note, analysts at Wells Fargo & Co. upgraded shares of Palo Alto Networks from a “market perform” rating to an “outperform” rating in a research note on Monday, February 3rd. They now have a $78.00 price target on the stock, up previously from $54.50. Finally, analysts at Deutsche Bank initiated coverage on shares of Palo Alto Networks in a research note on Wednesday, January 22nd. They set a “buy” rating and a $75.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $60.52.

In other Palo Alto Networks news, CMO Rene Bonvanie sold 50,000 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $72.00, for a total transaction of $3,600,000.00. Following the transaction, the chief marketing officer now directly owns 226,578 shares of the company’s stock, valued at approximately $16,313,616. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Palo Alto Networks, Inc offers a network security platform that allows enterprises, service providers, and government entities to secure their networks.

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