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NetApp (NTAP)
NASDAQ:NTAP
NetApp (NTAP) Stock Price & Analysis
1,154 Followers
NTAP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$57.15 - $77.25
Previous Close$69.83
Volume1.81M
Average Volume (3M)1.98M
Market Cap
$14.94B
Enterprise Value$14.49B
Total Cash (Recent Filing)$3.14B
Total Debt (Recent Filing)$2.69B
Price to Earnings (P/E)11.9
Beta1.01
Next Earnings
May 31, 2023EPS Estimate
$1.35Last Dividend Ex-Date
Apr 05, 2023Dividend Yield
2 (2.86%)Share Statistics
EPS (TTM)5.80
Shares Outstanding213,904,711
10 Day Avg. Volume1,514,231
30 Day Avg. Volume1,979,142
Standard Deviation0.09
R-Squared0.48
Alpha-0.00507
Financial Highlights & Ratios
Price to Book (P/B)-7.61
Price to Sales (P/S)9.79
Price to Cash Flow (P/CF)9.40
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.24
Enterprise Value/Gross Profit3.43
Enterprise Value/Ebitda10.92
Forecast
1Y Price Target
$65.75Price Target Upside-5.84% Downside
Rating ConsensusHold
Number of Analyst Covering4
NetApp News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Monthly Users
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NTAP FAQ
What was NetApp’s price range in the past 12 months?
NetApp lowest stock price was $57.15 and its highest was $77.25 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 31, 2023 which is in 3 days.
How were NetApp’s earnings last quarter?
NetApp released its earnings results on Feb 22, 2023. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.308 by $0.062.
Is NetApp overvalued?
According to Wall Street analysts NetApp’s price is currently Overvalued.
Does NetApp pay dividends?
NetApp pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 2.91%. See more information on NetApp dividends here
What is NetApp’s EPS estimate?
NetApp’s EPS estimate is $1.35.
How many shares outstanding does NetApp have?
NetApp has 213,904,710 shares outstanding.
What happened to NetApp’s price movement after its last earnings report?
NetApp reported an EPS of $1.37 in its last earnings report, beating expectations of $1.308. Following the earnings report the stock price went up 0.597%.
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
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$65.75 (-5.84% Downside)
$65.75 (-5.84% Downside)
Blogger Sentiment
Bullish
NTAP Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 447.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.0%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.22%
12-Months-Change
Fundamentals
Return on Equity
129.84%
Trailing 12-Months
Asset Growth
2.21%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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Top 5 ETFs holding NTAP
Vanguard S&P 500 ETF
$321.31M
First Trust Capital Strength ETF
$189.33M
SPDR S&P 500 ETF Trust CDI
$165.49M
SPDR S&P 500 ETF Trust
$159.23M
iShares Core S&P 500 ETF
$131.24M
Up to five ETFs with an Outperform Smart Score that hold NTAP. The ETFs are listed according to market value of NTAP within the ETF
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