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

By Mill Chart

Last update: Jul 16, 2024

Exploring Growth Potential: PALO ALTO NETWORKS INC (NASDAQ:PANW) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and PALO ALTO NETWORKS INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected PALO ALTO NETWORKS INC on our screen for growth with base formation, suggesting it merits a closer look.


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Looking at the Growth

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NASDAQ:PANW scores a 9 out of 10:

  • The Earnings Per Share has grown by an impressive 48.28% over the past year.
  • Measured over the past years, PANW shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.93% on average per year.
  • PANW shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.05%.
  • The Revenue has been growing by 24.83% on average over the past years. This is a very strong growth!
  • The Earnings Per Share is expected to grow by 22.14% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 16.87% on average over the next years. This is quite good.

Health Assessment of NASDAQ:PANW

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NASDAQ:PANW has earned a 5 out of 10:

  • PANW has an Altman-Z score of 5.52. This indicates that PANW is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of PANW (5.52) is better than 71.53% of its industry peers.
  • There is no outstanding debt for PANW. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.

Looking at the Profitability

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:PANW scores a 6 out of 10:

  • PANW has a Return On Assets of 13.65%. This is amongst the best in the industry. PANW outperforms 91.97% of its industry peers.
  • PANW's Return On Equity of 54.78% is amongst the best of the industry. PANW outperforms 97.81% of its industry peers.
  • PANW has a better Return On Invested Capital (6.30%) than 81.75% of its industry peers.
  • Looking at the Profit Margin, with a value of 31.41%, PANW belongs to the top of the industry, outperforming 95.62% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 11.29%, PANW belongs to the top of the industry, outperforming 83.21% of the companies in the same industry.
  • Looking at the Gross Margin, with a value of 74.43%, PANW is in the better half of the industry, outperforming 65.33% of the companies in the same industry.

How do we evaluate the setup for NASDAQ:PANW?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NASDAQ:PANW is 8:

Besides having an excellent technical rating, PANW also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

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

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

Disclaimer

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.

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PALO ALTO NETWORKS INC

NASDAQ:PANW (8/23/2024, 5:12:26 PM)

After market: 350.42 -0.33 (-0.09%)

350.75

+1.27 (+0.36%)

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