Palo Alto Networks, Inc. (NYSE:PANW) last session’s volume of 1.33 million shares was lower than its average volume of 2.23 million shares. The stock, after opening at $120, hit $118.67 through the close by scoring -0.79%.Palo Alto Networks, Inc. (PANW) Analyst Opinion
Palo Alto Networks, Inc. has a consensus outperform rating from 42 Wall Street analysts, and the number of shares currently sold short amount to at least 8.81% of shares outstanding. The stock spiked 8.01% last month and is down -5.1 this year. Wall Street is only getting more bullish on the stock, with 23 of analysts who cover PANW having a buy-equivalent rating. Analysts have placed a $143.89 price target on Palo Alto Networks, Inc., suggesting a 21.25% gain from recent close. It’s currently trading about -28.38% below its 52-week high.Palo Alto Networks, Inc. Earnings Surprise
Palo Alto Networks, Inc. (PANW) surprised the stock market in its last reported earnings when it earned $0.63 a piece versus the consensus-estimated $0.62. Its revenue totaled $429.72 million up 7.94% from the previous quarter.
This stock (PANW) is ahead of its 52-week low with 10.59%. Its last month’s stock price volatility remained 1.92% which for the week stands at 1.8%. The share price has moved forward from its 20 days moving average, trading at a distance of 5.53% and stays 5.03% away from its 50 days moving average. Over the last five days, shares have managed 0.31% gains and now is down -12.37% since hitting its 200-day moving average of $131.03. Palo Alto Networks, Inc. (PANW) has made its way to a 12-month decline of -11.93%.
Turning to ParkerVision, Inc. (NASDAQ:PRKR), its shares were trading at $2.12 a retreat of $-0.01, on the trading floor. The stock, after opening at $2, touched a high of $2.13 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1. ParkerVision, Inc. has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -74.08% from its high of $8.18 to a $37.52 million market value through last close.ParkerVision, Inc. (PRKR) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 1 to 1 during a month. Analysts set a 12-month price target of $12 a share. The target implies a 466.04% spike from where the shares are currently trading. Also, the current price highlights a discount of 466.04% to analysts’ high consensus price target.ParkerVision, Inc. (NASDAQ:PRKR) Intraday Trading
The counter witnessed a trading volume of 0.24 million shares versus an average volume of 0.71 million shares during last trading session. Its last month’s stock price volatility remained 6.87% which for the week approaches 7.02%. The lowest price the stock reached in the last trading day was $1.9 and compares with the $1.6 52-week low. The stock recovered 32.5% since its low point and has performed 15.22% year-to-date.