Should I buy or sell NetScout Systems stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NetScout Systems in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NTCT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NTCT, but not buy additional shares or sell existing shares. View NTCT analyst ratings or view top-rated stocks .

What is NetScout Systems' stock price target for 2024?

1 brokerages have issued 1 year price objectives for NetScout Systems' stock. Their NTCT share price targets range from $30.00 to $30.00. On average, they expect the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 49.9% from the stock's current price. View analysts price targets for NTCT or view top-rated stocks among Wall Street analysts .

How have NTCT shares performed in 2023?

NetScout Systems' stock was trading at $32.51 at the start of the year. Since then, NTCT stock has decreased by 38.4% and is now trading at $20.02. View the best growth stocks for 2023 here .

When is NetScout Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. View our NTCT earnings forecast .

How were NetScout Systems' earnings last quarter?

NetScout Systems, Inc. (NASDAQ:NTCT) posted its earnings results on Thursday, November, 2nd. The technology company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by $0.02. The technology company earned $196.80 million during the quarter, compared to analyst estimates of $195.99 million. NetScout Systems had a trailing twelve-month return on equity of 5.71% and a net margin of 7.53%.

What ETFs hold NetScout Systems' stock?

ETFs with the largest weight of NetScout Systems (NASDAQ:NTCT) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN) , Invesco Next Gen Connectivity ETF (PXQ) , ProShares Big Data Refiners ETF (DAT) , SPDR S&P Telecom ETF (XTL) , SPDR Kensho Future Security ETF (FITE) , Invesco S&P SmallCap Information Technology ETF (PSCT) , First Trust Nasdaq Cybersecurity ETF (CIBR) and ETFMG Prime Cyber Security ETF (HACK) .

What guidance has NetScout Systems issued on next quarter's earnings?

NetScout Systems updated its FY24 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $2.00-2.20 for the period, compared to the consensus earnings per share estimate of $2.06. The company issued revenue guidance of $840-860 million, compared to the consensus revenue estimate of $840.98 million.

What is Anil K. Singhal's approval rating as NetScout Systems' CEO?

175 employees have rated NetScout Systems Chief Executive Officer Anil K. Singhal on Glassdoor.com . Anil K. Singhal has an approval rating of 83% among the company's employees.

What other stocks do shareholders of NetScout Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NetScout Systems investors own include VBI Vaccines (VBIV) , Advanced Micro Devices (AMD) , Capricor Therapeutics (CAPR) , Gold Resource (GORO) , Pfizer (PFE) , Trevena (TRVN) , Eastman Chemical (EMN) , Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Stride (LRN) .

Who are NetScout Systems' major shareholders?

NetScout Systems' stock is owned by a variety of institutional and retail investors. Top institutional investors include Legal & General Group Plc (4.96%), William Blair Investment Management LLC (1.62%), Northern Trust Corp (1.31%), Charles Schwab Investment Management Inc. (1.27%), Acadian Asset Management LLC (1.03%) and Ameriprise Financial Inc. (0.95%). Insiders that own company stock include Jean A Bua, John Downing , Joseph G Hadzima Jr and Michael Szabados . View institutional ownership trends .

How do I buy shares of NetScout Systems?

Shares of NTCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does NetScout Systems have any subsidiaries?

The following companies are subsidiares of NetScout Systems: AirMagnet Inc., Aran Communications Limited, Arbor Networks Canada Limited, Arbor Networks GmbH, Arbor Networks Inc., Arbor Networks K.K., Arbor Networks Pte Ltd, Arbor Networks UK Ltd, Avvasi Inc, ClearSight Networks Inc., Cragen Limited, Danaher - Communications, Eastwind, Efflux Systems, Ellacoya Networks LLC, Fox Replay B.V., Gigavation Inc., Gigavation Incorporated, Green Sigma Holding Co. LLC, Inet Technologies International Inc., NSRS Austria GmbH, NSRS Belgium BVBA, NSRS Comms Ireland Limited, NSRS Czech Republic s.r.o., NSRS France Sarl, NSRS Germany GmbH, NSRS Holdings B.V., NSRS Holdings Ireland Limited, NSRS Hong Kong Ltd., NSRS Korea Ltd., NSRS Middle East FZ-LLC, NSRS Operations B.V., NSRS Software (Shanghai) Co. Ltd., NSRS Sweden AB, NetScout Berlin GmbH & Co. KG, NetScout Berlin Verwaltungs GmbH, NetScout Communications Limited, NetScout Española S.L., NetScout Network Systems GmbH, NetScout Network Systems Pty Ltd, NetScout Padova S.r.l., NetScout Systems (HK) Limited, NetScout Systems (UK) Limited, NetScout Systems A.C. UK Limited, NetScout Systems Argentina SAU, NetScout Systems Australia Pty Ltd, NetScout Systems Canada Inc., NetScout Systems Federal Corp., NetScout Systems Germany GmbH, NetScout Systems India Pte Ltd, NetScout Systems Industrial Private Limited, NetScout Systems Italy S.r.l., NetScout Systems Japan KK, NetScout Systems Norway AS, NetScout Systems Security Corporation, NetScout Systems Singapore Pte Ltd, NetScout Systems Software India Pte Ltd., NetScout Systems Technology Representacao Brasil Ltda., NetScout Systems Texas LLC, NetScout Systems UK Holdings Ltd., Network General, Network General BV, Network General Central Corporation, Network General Holdings Cayman, Network General International Corporation, Network General Technology, Newfield Wireless Inc., OnPath Technologies, Psytechnics, Psytechnics Limited, Quantiva, RS Merger Sub II LLC, Servicios A Terceros S.C., Simena, Starburst Technology Holdings I LLC, Starburst Technology Holdings II LLC, and TF Holdings B.V.. Read More

NetScout Systems Stock Price, News & Analysis (NASDAQ:NTCT)

$20.02

-0.31 (-1.52%)

(As of 02:34 PM ET)

Compare

Today's Range: $19.94
▼
$20.48
50-Day Range: $19.88
▼
$28.44
52-Week Range: $19.74
▼
$38.02

Volume: 148,907 shs
Average Volume: 448,072 shs
Market Capitalization: $1.42 billion

P/E Ratio: 22.24
Dividend Yield: N/A
Price Target: $30.00

NetScout Systems MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 49.9% Upside
$30.00 Price Target
Short Interest: Healthy
2.32% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.93
Based on 2 Articles This Week
Insider Trading: Selling Shares
$255,370 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Computer And Technology Sector

147th out of 601 stocks

Computer Integrated Systems Design Industry

9th out of 35 stocks

3.0

Analyst's Opinion

Consensus Rating
NetScout Systems has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, NetScout Systems has a forecasted upside of 49.9% from its current price of $20.02.
Amount of Analyst Coverage
NetScout Systems has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.32% of the float of NetScout Systems has been sold short.
Short Interest Ratio / Days to Cover
NetScout Systems has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NetScout Systems has recently decreased by 4.22%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
NetScout Systems does not currently pay a dividend.
Dividend Growth
NetScout Systems does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NTCT.

2.7

News and Social Media Coverage

News Sentiment
NetScout Systems has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for NetScout Systems this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for NTCT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
2 people have added NetScout Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NetScout Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $255,370.00 in company stock.
Percentage Held by Insiders
Only 3.59% of the stock of NetScout Systems is held by insiders.
Percentage Held by Institutions
91.64% of the stock of NetScout Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for NetScout Systems are expected to remain at $1.33 per share in the coming year.
Price to Earnings Ratio vs. the Market
The P/E ratio of NetScout Systems is 22.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of NetScout Systems is 22.24, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 232.94.
Price to Book Value per Share Ratio
NetScout Systems has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NetScout Systems Stock (NASDAQ:NTCT)

NetScout Systems, Inc. provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks. It also provides nGeniusPULSE, an active testing tool that enables enterprises to identify infrastructure performance issues and determine application availability, reliability, and performance; and nGenius Business Analytics solution, which enables service providers to analyze their network traffic. In addition, the company offers ISNG, an advanced passive network probe; packet flow systems that deliver targeted network traffic access to various monitoring and security tools and systems; and a suite of test access points that enable non-disruptive access to network traffic. Further, it provides cybersecurity solutions to protect their networks against distributed denial of service attacks under the Arbor brand, such as Arbor Sightline, Arbor Threat Mitigation System, Arbor Insight, Arbor Edge Defense, and Arbor Cloud. Additionally, the company offers advanced threat detection solutions, such as Omnis Cyber Investigator. It serves enterprise customers in various industries, including financial services, technology, manufacturing, healthcare, utilities, education, transportation, and retail; mobile operators, wireline operators, cable operators, Internet service providers, and cloud providers; and governmental agencies through a direct sales force, and indirect reseller and distribution channels. The company was incorporated in 1984 and is headquartered in Westford, Massachusetts.

NTCT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NTCT Stock News Headlines

November 29, 2023 | finance.yahoo.com

Shareholders in NetScout Systems (NASDAQ:NTCT) are in the red if they invested a year ago

November 22, 2023 | americanbankingnews.com

Comparing VerifyMe (NASDAQ:VRME) & NetScout Systems (NASDAQ:NTCT)

November 30, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 15, 2023 | benzinga.com

NetScout Systems Recent Insider Activity

November 6, 2023 | finance.yahoo.com

NetScout Systems, Inc.'s (NASDAQ:NTCT) Intrinsic Value Is Potentially 68% Above Its Share Price

November 5, 2023 | insidermonkey.com

NetScout Systems, Inc. (NASDAQ:NTCT) Q2 2024 Earnings Call Transcript

November 2, 2023 | seekingalpha.com

NetScout Systems, Inc. 2024 Q2 - Results - Earnings Call Presentation

November 2, 2023 | finance.yahoo.com

NETSCOUT Reports Second Quarter Fiscal Year 2024 Financial Results

November 30, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 1, 2023 | msn.com

NetScout Systems Q2 2024 Earnings Preview

November 1, 2023 | benzinga.com

Kirby McInerney LLP Continues Investigation of Shareholder Claims Against NetScout Systems, Inc. (NTCT)

October 23, 2023 | businesswire.com

NETSCOUT ALERT: Bragar Eagel & Squire, P.C. is Investigating NetScout Systems, Inc. on Behalf of NetScout Stockholders and Encourages Investors to Contact the Firm

October 20, 2023 | benzinga.com

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against NetScout Systems, Inc. (NTCT)

October 17, 2023 | msn.com

NetScout Stock Drops On Disappointing Preannouncement