NetApp, Inc provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. It offers cloud data services, such as ONTAP cloud storage data management and NetApp cloud sync data synchronization services; NetApp SaaS backup for Microsoft Office 365; NetApp cloud backup solutions; OnCommand management software and management integration tools; and NetApp private storage for cloud.
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Industry, Sector and Symbol
Industry Computer storage devices
Sub-IndustryComputer Storage & Peripherals
SectorComputer and Technology
Phone408-822-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.15 billion
Profitability
Miscellaneous
Employees10,500
Next Earnings Date2/12/2020 (Estimated)
OptionableOptionable
NetApp (NASDAQ:NTAP) Frequently Asked Questions
What is NetApp's stock symbol?
NetApp trades on the NASDAQ under the ticker symbol "NTAP."
How often does NetApp pay dividends? What is the dividend yield for NetApp?
NetApp declared a quarterly dividend on Wednesday, November 13th. Investors of record on Friday, January 3rd will be paid a dividend of $0.48 per share on Thursday, January 23rd. This represents a $1.92 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date is Thursday, January 2nd. View NetApp's Dividend History.
How were NetApp's earnings last quarter?
NetApp Inc. (NASDAQ:NTAP) announced its earnings results on Wednesday, November, 13th. The data storage provider reported $1.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.94 by $0.15. The data storage provider had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.38 billion. NetApp had a net margin of 17.20% and a return on equity of 95.04%. NetApp's revenue was down 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.06 earnings per share. View NetApp's Earnings History.
When is NetApp's next earnings date?
What guidance has NetApp issued on next quarter's earnings?
NetApp updated its FY 2020
After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$5.654-5.654 billion, compared to the consensus revenue estimate of $$5.65 billion.
What price target have analysts set for NTAP?
26 analysts have issued 12 month target prices for NetApp's shares. Their forecasts range from $40.00 to $93.00. On average, they anticipate NetApp's share price to reach $62.35 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for NetApp.
What is the consensus analysts' recommendation for NetApp?
26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetApp in the last year. There are currently 3 sell ratings, 13 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NetApp.
Has NetApp been receiving favorable news coverage?
News articles about NTAP stock have been trending somewhat positive on Thursday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. NetApp earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave news coverage about the data storage provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for NetApp.
Who are some of NetApp's key competitors?
What other stocks do shareholders of NetApp own?
Who are NetApp's key executives?
NetApp's management team includes the folowing people:
- Mr. George Kurian, CEO, Pres & Director (Age 52)
- Mr. Ronald J. Pasek, Exec. VP, CFO & Principal Accounting Officer (Age 58)
- Mr. Matthew K. Fawcett, Sr. VP, Gen. Counsel & Sec. (Age 51)
- Mr. Joel D. Reich, Exec. VP & Gen. Mang., NetApp Storage Systems and Software Bus. Unit (Age 60)
- Mr. Henri P. Richard, Exec. VP of Worldwide Field & Customer Operations (Age 62)
Who are NetApp's major shareholders?
NetApp's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.49%), First Trust Advisors LP (1.05%), Stifel Financial Corp (0.76%), Man Group plc (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.43%) and Parametric Portfolio Associates LLC (0.38%). Company insiders that own NetApp stock include George Kurian, Gerald Held, Henri P Richard, Joel D Reich, Kathryn Hill, Matthew K Fawcett, Ronald J Pasek and Thomas Michael Nevens. View Institutional Ownership Trends for NetApp.
Which institutional investors are selling NetApp stock?
NTAP stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, State Street Corp, Voya Investment Management LLC, State of New Jersey Common Pension Fund D, Parametric Portfolio Associates LLC, Robeco Institutional Asset Management B.V., Squarepoint Ops LLC and New York State Teachers Retirement System. Company insiders that have sold NetApp company stock in the last year include Gerald Held, Henri P Richard, Joel D Reich, Matthew K Fawcett and Ronald J Pasek. View Insider Buying and Selling for NetApp.
Which institutional investors are buying NetApp stock?
NTAP stock was bought by a variety of institutional investors in the last quarter, including Stifel Financial Corp, First Trust Advisors LP, Millennium Management LLC, Hamlin Capital Management LLC, Retirement Systems of Alabama, California Public Employees Retirement System, Boston Trust Walden Corp and Voloridge Investment Management LLC. View Insider Buying and Selling for NetApp.
How do I buy shares of NetApp?
Shares of NTAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is NetApp's stock price today?
One share of NTAP stock can currently be purchased for approximately $60.18.
How big of a company is NetApp?
NetApp has a market capitalization of $13.73 billion and generates $6.15 billion in revenue each year. The data storage provider earns $1.17 billion in net income (profit) each year or $4.02 on an earnings per share basis. NetApp employs 10,500 workers across the globe.View Additional Information About NetApp.
What is NetApp's official website?
How can I contact NetApp?
NetApp's mailing address is 1395 CROSSMAN AVENUE, SUNNYVALE CA, 94089. The data storage provider can be reached via phone at 408-822-6000 or via email at [email protected]
MarketBeat Community Rating for NetApp (NASDAQ NTAP)
MarketBeat's community ratings are surveys of what our community members think about NetApp and other stocks. Vote "Outperform" if you believe NTAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NTAP will underperform the S&P 500 over the long term. You may vote once every thirty days.
