NetScout Systems (NASDAQ:NTCT) Releases FY 2027 Earnings Guidance

Key Points

• FY 2027 guidance: NetScout expects EPS of $2.65–$2.80, above the $2.62 consensus. Revenue guidance of $885 million–$915 million has a $900 million midpoint, slightly below analysts’ $904.9 million estimate.
• Latest quarter beat estimates: The company reported EPS of $0.71 versus $0.66 expected and revenue of $222.19 million versus $218.77 million expected; revenue rose 1.4% year over year.
• Shares fell $6.27 to $31.83 during Thursday trading. Analysts’ average rating is “Hold,” with a consensus price target of $46.50.

NetScout Systems (NASDAQ:NTCT - Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 2.650-2.800 for the period, compared to the consensus EPS estimate of 2.620. The company issued revenue guidance of $885.0 million-$915.0 million, compared to the consensus revenue estimate of $904.9 million.

Wall Street Analysts Forecast Growth

NTCT has been the subject of several research analyst reports. Weiss Ratings upgraded shares of NetScout Systems from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, October 8th. Royal Bank Of Canada raised their target price on NetScout Systems from $38.00 to $43.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 6th. Zacks Research lowered NetScout Systems from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 8th. B. Riley Financial reiterated a "buy" rating and set a $50.00 price target on shares of NetScout Systems in a research note on Sunday, August 9th. after the company reported F1Q27 results. Finally, Wall Street Zen raised NetScout Systems from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 8th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $46.50.

NetScout Systems Stock Performance

NASDAQ:NTCT traded down $6.27 during mid-day trading on Thursday, reaching $31.83. The stock had a trading volume of 1,089,949 shares, compared to its average volume of 596,457. The stock has a market capitalization of $2.31 billion, a P/E ratio of 19.41 and a beta of 0.72. NetScout Systems has a one year low of $25.29 and a one year high of $45.28. The firm has a 50 day moving average price of $38.95 and a two-hundred day moving average price of $36.45.

NetScout Systems (NASDAQ:NTCT - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The technology company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.05. The firm had revenue of $222.19 million for the quarter, compared to analysts' expectations of $218.77 million. NetScout Systems had a return on equity of 9.25% and a net margin of 13.71%. The company's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the firm earned $0.62 earnings per share. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. Research analysts forecast that NetScout Systems will post 2.15 earnings per share for the current year.

Insider Activity

In related news, COO Sanjay Munshi sold 2,269 shares of the company's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $39.27, for a total transaction of $89,103.63. Following the completion of the transaction, the chief operating officer owned 6,729 shares in the company, valued at $264,247.83. This represents a 25.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christopher Perretta sold 7,000 shares of the firm's stock in a transaction on Friday, September 11th. The stock was sold at an average price of $38.00, for a total value of $266,000.00. Following the completion of the sale, the director directly owned 40,866 shares of the company's stock, valued at $1,552,908. The trade was a 14.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 21,269 shares of company stock worth $813,184 over the last ninety days. Company insiders own 4.74% of the company's stock.

NetScout Systems Company Profile

NetScout Systems, Inc NASDAQ: NTCT provides network performance management, service assurance and cybersecurity solutions for enterprises, communications service providers, government organizations and other large institutions. Its technologies are designed to help customers monitor network traffic, identify performance issues, maintain service availability and detect or respond to cyberthreats.

The company's offerings include the nGeniusONE service assurance platform, InfiniStream network monitoring and packet-based visibility technologies, and solutions associated with its Arbor portfolio for distributed denial-of-service protection, network detection and response, and other cybersecurity applications.

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