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Netgear (NTGR)
NASDAQ:NTGR
Netgear (NTGR) Stock Price & Analysis
306 Followers
NTGR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.40 - $15.93
Previous Close$12.9
Volume186.36K
Average Volume (3M)234.82K
Market Cap
$375.02M
Enterprise Value$121.07M
Total Cash (Recent Filing)$283.65M
Total Debt (Recent Filing)$29.70M
Price to Earnings (P/E)-3.3
Beta0.91
Next Earnings
Jul 24, 2024EPS Estimate
-$0.88Last Dividend Ex-Date
Jan 02, 2019Dividend YieldN/A
Share Statistics
EPS (TTM)-3.85
Shares Outstanding29,071,201
10 Day Avg. Volume328,589
30 Day Avg. Volume234,819
Standard Deviation0.12
R-Squared0.15
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.75
Price to Sales (P/S)0.51
Price to Cash Flow (P/CF)1.70
P/FCF Ratio1.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.16
Enterprise Value/Gross Profit0.49
Enterprise Value/Ebitda-5.48
Forecast
1Y Price Target
$14.00Price Target Upside11.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Netgear News
PremiumPre-Earnings
Is NTGR a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Financial HealthNETGEAR is expected to generate positive free cash flow, indicating the company's potential to enhance shareholder value.
Liquidity PositionWith cash per share anticipated to reach approximately $12, NETGEAR's liquidity position appears robust, offering a cushion against market volatility.
ValuationA forecast of $14 per share by the end of 2024 suggests that NETGEAR may be undervalued at its current stock price, providing a possible investment opportunity.
Bears Say
Business ResetNETGEAR has implemented a hard reset to the business and expectations that could result in several more quarters of dismal results.
Inventory ReductionNTGR’s new CEO plans to significantly reduce inventory in the second quarter, resulting in a net loss for the second quarter.
Product SalesNTGR disclosed it was not selling as many of its ultra-premium Orbi mesh systems as initially expected.
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Ownership Overview
8.69% Insiders
29.62% Mutual Funds
42.87% Other Institutional Investors
18.82% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NTGR FAQ
What was Netgear’s price range in the past 12 months?
Netgear lowest stock price was $10.40 and its highest was $15.93 in the past 12 months.
What is Netgear’s market cap?
Currently, no data Available
When is Netgear’s upcoming earnings report date?
Netgear’s upcoming earnings report date is Jul 24, 2024 which is in 64 days.
How were Netgear’s earnings last quarter?
Netgear released its earnings results on May 01, 2024. The company reported -$0.28 earnings per share for the quarter, beating the consensus estimate of -$0.282 by $0.002.
Is Netgear overvalued?
According to Wall Street analysts Netgear’s price is currently Undervalued.
Does Netgear pay dividends?
Netgear pays a Notavailable dividend of $19.76 which represents an annual dividend yield of N/A. See more information on Netgear dividends here
What is Netgear’s EPS estimate?
Netgear’s EPS estimate is -$0.88.
How many shares outstanding does Netgear have?
Netgear has 29,071,201 shares outstanding.
What happened to Netgear’s price movement after its last earnings report?
Netgear reported an EPS of -$0.28 in its last earnings report, beating expectations of -$0.282. Following the earnings report the stock price went down -21.151%.
Which hedge fund is a major shareholder of Netgear?
Among the largest hedge funds holding Netgear’s share is Brandes Investment Partners LP. It holds Netgear’s shares valued at 58M.
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Netgear Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$14.00 (11.20% Upside)
$14.00 (11.20% Upside)
Blogger Sentiment
Bullish
NTGR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 308.3K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.72%
12-Months-Change
Fundamentals
Return on Equity
-20.13%
Trailing 12-Months
Asset Growth
-18.91%
Trailing 12-Months
Company Description
Netgear
NETGEAR, Inc. engages in the provision of Internet connected products to consumers, businesses, and service providers. It operates through the following segments: Connected Home, and Small & Medium Business. The Connected Home segment focuses on consumers and consists of high-performance, dependable and easy-to-use WiFi Internet networking solutions such as WiFi mesh systems, routers, 4G/5G mobile products, smart devices such as Meural digital canvasses, and services offering consumers a range of parental controls and cyber security for their home networks. The Small & Medium Business segment focuses on small and medium-sized businesses and consists of business networking, wireless LAN, storage, and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price. The company was founded by Patrick C. S. Lo and Mark G. Merrill on January 8, 1996 and is headquartered in San Jose, CA.
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NTGR Company Deck
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NTGR Earnings Call
Q1 2024
0:00 / 0:00
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NTGR Stock 12 Month Forecast
Average Price Target
$14.00
▲(11.20% Upside)
Technical Analysis
Best Analysts Covering NTGR
1 Year
1 Year Success Rate
5/21 ratings generated profit
1 Year Average Return
-18.52%
reiterated a buy rating 19 days ago
Copying Adam Tindle's trades and holding each position for 1 Year would result in 23.81% of your transactions generating a profit, with an average return of -18.52% per trade.
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