Log in

NASDAQ:NTAP - NetApp Stock Price, Forecast & News

$54.24
-0.94 (-1.70 %)
(As of 02/17/2020 01:12 AM ET)
Add
Today's Range
$53.68
Now: $54.24
$55.34
50-Day Range
$53.40
MA: $60.10
$65.37
52-Week Range
$44.55
Now: $54.24
$78.35
Volume3.22 million shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio12.76
Dividend Yield3.48%
BetaN/A
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. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryComputer Storage & Peripherals
SectorN/A
Current SymbolNASDAQ:NTAP
CUSIP64110D10
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees10,500
Next Earnings Date5/27/2020 (Estimated)
OptionableOptionable

Receive NTAP News and Ratings via Email

Sign-up to receive the latest news and ratings for NTAP and its competitors with MarketBeat's FREE daily newsletter.


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, February 12th. Investors of record on Friday, April 3rd will be given a dividend of $0.48 per share on Wednesday, April 22nd. This represents a $1.92 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date is Thursday, April 2nd. View NetApp's Dividend History.

How were NetApp's earnings last quarter?

NetApp Inc. (NASDAQ:NTAP) issued its quarterly earnings results on Wednesday, February, 12th. The data storage provider reported $1.16 earnings per share for the quarter, missing analysts' consensus estimates of $1.18 by $0.02. The data storage provider had revenue of $1.40 billion for the quarter, compared to analysts' expectations of $1.47 billion. The business's quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.20 earnings per share. View NetApp's Earnings History.

When is NetApp's next earnings date?

NetApp is scheduled to release their next quarterly earnings announcement on Wednesday, May 27th 2020. View Earnings Estimates for NetApp.

What guidance has NetApp issued on next quarter's earnings?

NetApp issued an update on its fourth quarter earnings guidance on Wednesday, February, 12th. The company provided earnings per share guidance of $1.28-1.36 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.39. The company issued revenue guidance of $1.455-1.605 billion, compared to the consensus revenue estimate of $1.57 billion.

What price target have analysts set for NTAP?

24 brokerages have issued 12-month price objectives for NetApp's stock. Their forecasts range from $40.00 to $93.00. On average, they anticipate NetApp's share price to reach $62.72 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View Analyst Price Targets for NetApp.

What is the consensus analysts' recommendation for NetApp?

24 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 8 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 Sunday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NetApp earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news headlines about the data storage provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for NetApp.

Are investors shorting NetApp?

NetApp saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 13,350,000 shares, a drop of 16.8% from the December 31st total of 16,040,000 shares. Based on an average daily trading volume, of 2,020,000 shares, the short-interest ratio is currently 6.6 days. Currently, 5.9% of the company's shares are short sold. View NetApp's Current Options Chain.

Who are some of NetApp's key competitors?

What other stocks do shareholders of NetApp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NetApp investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), Twitter (TWTR), Adobe (ADBE) and Advanced Micro Devices (AMD).

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 a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.32%), Renaissance Technologies LLC (2.39%), Bank of New York Mellon Corp (2.37%), American International Group Inc. (2.23%), Amundi Pioneer Asset Management Inc. (1.39%) and First Trust Advisors LP (1.05%). 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 Scott R Allen. View Institutional Ownership Trends for NetApp.

Which major investors are selling NetApp stock?

NTAP stock was sold by a variety of institutional investors in the last quarter, including American International Group Inc., Renaissance Technologies LLC, Bank of Montreal Can, UBS Asset Management Americas Inc., FMR LLC, Artisan Partners Limited Partnership, State Street Corp and Snow Capital Management LP. Company insiders that have sold NetApp company stock in the last year include Gerald Held, Henri P Richard, Joel D Reich, Matthew K Fawcett, Ronald J Pasek and Scott R Allen. View Insider Buying and Selling for NetApp.

Which major investors are buying NetApp stock?

NTAP stock was purchased by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., Bank of New York Mellon Corp, Amundi Pioneer Asset Management Inc., Jacobs Levy Equity Management Inc., AJO LP, Goldman Sachs Group Inc., TD Asset Management Inc. and Maverick Capital Ltd.. 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 $54.24.


MarketBeat Community Rating for NetApp (NASDAQ NTAP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  1,013 (Vote Outperform)
Underperform Votes:  1,604 (Vote Underperform)
Total Votes:  2,617
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.
This page was last updated on 2/17/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel