Obama Administration Places a High Priority on Cyber Security

Shibuya, Japan, March 28, 2015 (Newswire.com) - Admiral Global maintained its “buy & outperform" rating on shares of the network security company and is currently recommending its existing and new clients to take advantage of the below forecast share price.

Many analysts including FBR Capital & Admiral Global said they see positive trends in business and government spending on cyber security offerings, benefiting companies in the IT security sector, including Palo Alto.

FBR & Admiral Global analysts believes that advanced IT security products have "massive," once in a multi-decade, growth potential.

Admiral Global added that the Obama administration has placed a high priority on cyber security, and therefore believes the federal government's spending on IT security is likely to rise. Obviously the corporate market will and has already followed suit giving cyber security companies like Palo Alto another major boost in potential profits.  

Santa Clara, CA-based Palo Alto Networks offers a network security platform that allows enterprises, service providers, and government entities throughout the world to secure their networks. The core of its platform is the company's firewall that delivers natively integrated application, user, and content visibility and control through its operating system, hardware, and software architecture.

Compared to its closing price of one year ago, PANW's share price has jumped by 91.80%, exceeding the performance of the broader market during that same time frame. PANW's debt-to-equity ratio of 0.96 is a little low overall, but it is high when compared to the industry average, implying that the management of the debt levels should be evaluated further. Despite the fact that PANW's debt-to-equity ratio is mixed in its results, the company's quick ratio of 2.46 is high and demonstrates strong liquidity.