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NetApp (GB:0K6F)
LSE:0K6F
NetApp (0K6F) Share Price & Analysis
0 Followers
0K6F Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$59.62 - $111.81
Previous Close$99.16
Volume5.65K
Average Volume (3M)2.81K
Market Cap
$20.52B
Enterprise Value$19.99B
Total Cash (Recent Filing)$2.92B
Total Debt (Recent Filing)$2.39B
Price to Earnings (P/E)22.5
Beta0.97
Next Earnings
May 30, 2024EPS Estimate
$1.79Next Dividend Ex-DateN/A
Dividend Yield2.01%
Share Statistics
EPS (TTM)4.41
Shares Outstanding20,637,666
10 Day Avg. Volume317
30 Day Avg. Volume2,805
Standard Deviation0.10
R-Squared0.46
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-1.08
Price to Sales (P/S)0.85
Price to Cash Flow (P/CF)1.10
P/FCF Ratio1.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.23
Enterprise Value/Gross Profit4.75
Enterprise Value/Ebitda36.22
Forecast
1Y Price Target
$103.79Price Target Upside3.76% Upside
Rating ConsensusHold
Number of Analyst Covering14
NetApp News
PremiumCompany Announcements
NetApp Promotes Daniel De Lorenzo to Top Accounting Role
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGross margin in F3Q grew 70 basis points year-over-year to 72.7%, with an increase in product gross margin of 150 basis points year-over-year to 62.5%.
Market Demand And AdoptionKeystone (as-a-service offering) revenues growing triple digits Y/Y suggests strong demand for NTAP's services.
Product Launch And GrowthGrowth from their recently launched block offerings is also an added vector.
Bears Say
Financial PerformanceManagement sees product margins shift down from high 63% to 55-60% due to higher commodity costs.
GuidanceThe company’s guide for April is slightly below seasonal norms and bakes in a fairly cautious macro environment.
Subscription RevenueThe company expects $20 million in ARR headwinds from unrenewed subscriptions as it reevaluates its CloudOps portfolio.
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Options Prices
Currently, No data available
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Ownership Overview
6.43% Insiders
32.09% Mutual Funds
28.73% Other Institutional Investors
32.76% Public Companies and
Individual Investors
0K6F FAQ
What was NetApp’s price range in the past 12 months?
NetApp lowest share price was $59.62 and its highest was $111.81 in the past 12 months.
What is NetApp’s market cap?
Currently, no data Available
When is NetApp’s upcoming earnings report date?
NetApp’s upcoming earnings report date is May 30, 2024 which is in 34 days.
How were NetApp’s earnings last quarter?
NetApp released its earnings results on Feb 29, 2024. The company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.689 by $0.251.
Is NetApp overvalued?
According to Wall Street analysts NetApp’s price is currently Undervalued.
Does NetApp pay dividends?
NetApp does not currently pay dividends.
What is NetApp’s EPS estimate?
NetApp’s EPS estimate is $1.79.
How many shares outstanding does NetApp have?
NetApp has 206,376,660 shares outstanding.
What happened to NetApp’s price movement after its last earnings report?
NetApp reported an EPS of $1.94 in its last earnings report, beating expectations of $1.689. Following the earnings report the stock price went up 20.704%.
Which hedge fund is a major shareholder of NetApp?
Among the largest hedge funds holding NetApp’s share is PRIMECAP Management Co. It holds NetApp’s shares valued at 1B.
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NetApp Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$103.79 (3.76% Upside)
$103.79 (3.76% Upside)
Blogger Sentiment
Bullish
GB:0K6F Sentiment 85%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.06%
12-Months-Change
Fundamentals
Return on Equity
89.69%
Trailing 12-Months
Asset Growth
-3.51%
Trailing 12-Months
Company Description
NetApp
NetApp, Inc. engages in the design, manufacture, marketing, and technical support of storage and data management solutions. It offers cloud data services, data storage software, data backup and recovery, all-flash storage, converged systems, data infrastructure management, ONTAP data security, and hybrid flash storage. The company was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in Sunnyvale, CA.
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0K6F Company Deck
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0K6F Earnings Call
Q3 2024
0:00 / 0:00
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0K6F Net revenue Breakdown
90.96% Hybrid Cloud
9.04% Public Cloud
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0K6F Stock 12 Months Forecast
Average Price Target
$103.79
▲(3.76% Upside)
Technical Analysis
NetApp
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Best Analysts Covering 0K6F
1 Year
1 Year Success Rate
19/30 ratings generated profit
1 Year Average Return
+30.40%
reiterated a buy rating 5 months ago
Copying Mehdi Hosseini's trades and holding each position for 1 Year would result in 63.33% of your transactions generating a profit, with an average return of +30.40% per trade.
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