NetApp, Inc. (NASDAQ:NTAP) Analytical Report


NetApp, Inc. (NASDAQ:NTAP) has a 1 Year Target Estimate of $36.32. The stock traded with the volume of 2.77 Million in the last trading session. NetApp, Inc. opened at $36.43 and closed by showing an increase of 0.22%. The Bid price in the last session was $0.00 x and the Ask price was $0.00 x. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

NetApp, Inc. has the Market Capitalization of 10.17 Billion. The Stock has its 52-week High of $39 and 52-Week Low of $20.66 and it touched its 52-week high on Nov 17, 2016 and 52-Week Low on Jan 20, 2016.

NetApp, Inc. reported its last Earnings on Nov 16 AMC where the company reported Actual EPS of $0.6/Share whereas, the Analyst Estimated EPS was $0.54/share. The difference between Actual EPS and Estimated EPS was $0.06/share. This represented an Earnings Surprise of 11.1%. The company will report its next earnings on 15-Feb-17.

Some analyst provided their insight on Growth Estimates; NetApp, Inc. has the Current Quarter Earnings Growth rate of 5.7%. The Next Quarter growth is expected to be 40%. In the past 5 years, the stock has earnings growth rate of -1.03% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 14.18% per annum.

25 number of analysts also provided their insight on NetApp, Inc., where the Average Price Target for the stock is $36.32. They also projected Low Price Target as $17 while High Price Target is set at $52.

A number of analysts rated the stock as well: 2 analysts believe that the stock is a STRONG BUY while 3 reported it as Buy.22 analysts assigned a HOLD rating, 6 said it’s UNDERPERFORM and 1 say that this stock is a SELL.

NetApp, Inc. annual Divided is 0.76 while it’s Dividend Yield is 2.08%. The stock has its Price to Earnings (P/E) ratio of 33.19 and Forward Price to Earnings ratio of 12.69. The company has its Price to Sales (P/S) ratio of 1.88 where Price to Book (P/B) ratio of 3.64, Price to Cash Per share (P/C) of 0 and Price to Free Cash Flow (P/FCF) has a value of 14.33.

The company has its Return on Assets (ROA) of 3.5 Percent. Return on Equity (ROE) stands at 11% and Return on Investment (ROI) displays a value of 4.4%.

The stock is currently trading at Distance from 20-Day simple moving Average of 5.96% whereas, Distance from 50-Day Simple moving average is 5.9 Percent and Distance from 200-Day Simple Moving Average of 28.64 percent.

A look at performance overview of NetApp, Inc. depicts that Performance (Week) is -1.64 percent while Performance Month is 8.15%. Quarterly performance shows a value of 5.16% and Half Year Performance value stands at 47.53%. Yearly performance of the stock has the value of 22.32 percent. NetApp, Inc. has its YTD performance of 41.36 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 14 Nov 2016 where Chief Technology Officer Verduin (Patricia Ph.D.) did a transaction type “Buy” in which 3834 shares were traded at a price of $45.23. Another insider trade includes Chief Technology Officer Verduin (Patricia Ph.D.) who also initiated a transaction in which 3834 shares were traded on 14 Nov 2016 as “Sell”. On 16 Oct 2016 Chief Technology Officer Verduin (Patricia Ph.D.) traded 3834 shares as “Buy” at $45.23. Director Bilbrey (John P) Buy 256 shares on 2 Oct 2016 at the price of $73.08.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Drexel Hamilton on 17-Nov-16 who Upgrade the stock from Hold to Buy. Other firms have also Upgraded/Downgraded the stock. On 17-Nov-16, Maxim Group took an action “Downgrade” from Buy to Hold. On 30-Sep-16, the stock was Downgrade to Hold by Standpoint Research.