NetScout Systems, Inc. provides real-time operational intelligence and performance analytics for digital business services against disruptions in availability, performance, and security 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 Intelligent Data Sources under the InfiniStream brand name that provide real-time collection and analysis of data from the network; packet flow systems that deliver targeted network traffic access to an increasing number of monitoring and security systems; and a suite of test access points that enable non-disruptive access to network traffic with multiple link type and speed options. In addition, the company offers portable network analysis and troubleshooting tools, which help customers identify key issues that impact network and application performance. Further, it provides security solutions that enable service providers and enterprises to protect their networks against distributed denial of service attacks; and threat detection solutions that enable enterprises to identify and investigate advanced threat campaigns that present tangible risks to the integrity of their networks. The company serves enterprise customers in industries, such as financial services, technology, manufacturing, healthcare, utilities, education, transportation, and retail; mobile operators, wireline operators, cable operators, and cloud providers; and governmental agencies through a direct sales force, and indirect reseller and distribution channels. NetScout Systems, Inc. was founded in 1984 and is headquartered in Westford, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computer integrated systems design
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:NTCT
Previous Symbol
CUSIP64115T10
Phone978-614-4000
Debt
Debt-to-Equity Ratio0.29
Current Ratio2.12
Quick Ratio2.03
Price-To-Earnings
Trailing P/E Ratio25.34
Forward P/E Ratio29.52
P/E Growth3.02
Sales & Book Value
Annual Sales$986.79 million
Price / Sales1.98
Cash Flow$2.7154 per share
Price / Cash Flow9.24
Book Value$23.71 per share
Price / Book1.06
Profitability
EPS (Most Recent Fiscal Year)$0.99
Net Income$79.81 million
Net Margins1.88%
Return on Equity3.29%
Return on Assets2.10%
Miscellaneous
Employees3,019
Outstanding Shares77,710,000
Market Cap$1.98 billion
OptionableOptionable
NetScout Systems (NASDAQ:NTCT) Frequently Asked Questions
What is NetScout Systems' stock symbol?
NetScout Systems trades on the NASDAQ under the ticker symbol "NTCT."
How will NetScout Systems' stock buyback program work?
NetScout Systems announced that its Board of Directors has approved a share buyback plan on Friday, October 27th 2017, which allows the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.
How were NetScout Systems' earnings last quarter?
NetScout Systems, Inc. (NASDAQ:NTCT) issued its earnings results on Thursday, November, 1st. The technology company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.04 by $0.21. The technology company earned $224 million during the quarter, compared to analysts' expectations of $218.30 million. NetScout Systems had a return on equity of 3.29% and a net margin of 1.88%. The business's revenue was down 12.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.29 earnings per share. View NetScout Systems' Earnings History.
When is NetScout Systems' next earnings date?
What guidance has NetScout Systems issued on next quarter's earnings?
NetScout Systems updated its FY19 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $1.30-$1.40 for the period, compared to the Thomson Reuters consensus estimate of $1.25. The company issued revenue guidance of $925-$960 million, compared to the consensus revenue estimate of $958.31 million.NetScout Systems also updated its FY 2019 guidance to $1.30-1.40 EPS.
What price target have analysts set for NTCT?
5 equities research analysts have issued 12-month target prices for NetScout Systems' stock. Their forecasts range from $25.00 to $31.00. On average, they expect NetScout Systems' share price to reach $28.00 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Price Targets for NetScout Systems.
What is the consensus analysts' recommendation for NetScout Systems?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetScout Systems in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NetScout Systems.
What are Wall Street analysts saying about NetScout Systems stock?
Here are some recent quotes from research analysts about NetScout Systems stock:
- 1. According to Zacks Investment Research, "NetScout Systems, Inc. is a leading provider of business assurance - a powerful combination of service assurance, cybersecurity, and business intelligence solutions - for today's most demanding service provider, enterprise and government networks. NETSCOUT's Adaptive Service Intelligence (ASI) technology continuously monitors the service delivery environment to identify performance issues and provides insight into network-based security threats, helping teams to quickly resolve issues that can cause business disruptions or impact user experience. NETSCOUT delivers unmatched service visibility and protects the digital infrastructure that supports our connected world. " (11/8/2018)
- 2. Royal Bank of Canada analysts commented, "We think the company likely has about 100-125 employees and had cumulatively raised about $50mm of capital (Crunchbase). FY19 revenue to gain but margin will likely come under pressure. Current consensus is looking for about 50bps of margin expansion and 16% revenue growth in FY19. We think the acquisition will contribute a few points of growth next year but given the absorption of over 100 employees, some margin pressure is likely. Despite near-term profitability impact, we like the acquisition as it helps enhance Red Hat’s position in the fast growing area of container management. Based on our field work, most of new workloads are being deployed on containers with Red Hat showing up as a leader among commercial vendors of the technology." (1/30/2018)
Has NetScout Systems been receiving favorable news coverage?
Media coverage about NTCT stock has trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NetScout Systems earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of NetScout Systems' key competitors?
Some companies that are related to NetScout Systems include Caci International (CACI), Verint Systems (VRNT), Science Applications International (SAIC), Allscripts Healthcare Solutions (MDRX), Scientific Games (SGMS), Ebix (EBIX), Sykes Enterprises (SYKE), Nextgen Healthcare (NXGN), Unisys (UIS), Onespan (OSPN), Ribbon Communications (RBBN), KEYW (KEYW), Agilysys (AGYS), Simulations Plus (SLP) and Digimarc (DMRC).
Who are NetScout Systems' key executives?
NetScout Systems' management team includes the folowing people:
- Mr. Anil K. Singhal, Co-Founder, Chairman, Pres & CEO (Age 64)
- Ms. Jean A. Bua, Exec. VP, CFO, Chief Accounting Officer & Treasurer (Age 59)
- Mr. Michael Szabados, Chief Operating Officer (Age 66)
- Mr. John W. Downing, Exec. VP of Worldwide Sales Operations (Age 60)
- Mr. Bruce A. Kelley Jr., CTO, Sr. VP & Service Provider (Age 55)
Who are NetScout Systems' major shareholders?
NetScout Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.08%), Vanguard Group Inc. (9.10%), Vanguard Group Inc (9.10%), Dimensional Fund Advisors LP (8.26%), Neuberger Berman Group LLC (6.77%) and Alliancebernstein L.P. (4.43%). Company insiders that own NetScout Systems stock include Jean A Bua, John Downing, Joseph G Hadzima Jr, Michael Szabados, Victor Demarines and Vincent J Mullarkey. View Institutional Ownership Trends for NetScout Systems.
Which institutional investors are selling NetScout Systems stock?
NTCT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Neuberger Berman Group LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Credit Suisse AG, Macquarie Group Ltd. and Federated Investors Inc. PA. Company insiders that have sold NetScout Systems company stock in the last year include Jean A Bua, John Downing, Joseph G Hadzima Jr, Michael Szabados and Vincent J Mullarkey. View Insider Buying and Selling for NetScout Systems.
Which institutional investors are buying NetScout Systems stock?
NTCT stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Dimensional Fund Advisors LP, Prudential Financial Inc., First Trust Advisors LP, Vident Investment Advisory LLC, Russell Investments Group Ltd., Fort Washington Investment Advisors Inc. OH and Paloma Partners Management Co. View Insider Buying and Selling for NetScout Systems.
How do I buy shares of NetScout Systems?
Shares of NTCT 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, Scottrade, Fidelity and Charles Schwab.
What is NetScout Systems' stock price today?
One share of NTCT stock can currently be purchased for approximately $25.09.
How big of a company is NetScout Systems?
NetScout Systems has a market capitalization of $1.98 billion and generates $986.79 million in revenue each year. The technology company earns $79.81 million in net income (profit) each year or $0.99 on an earnings per share basis. NetScout Systems employs 3,019 workers across the globe.
What is NetScout Systems' official website?
How can I contact NetScout Systems?
NetScout Systems' mailing address is 310 LITTLETON ROAD, WESTFORD MA, 01886. The technology company can be reached via phone at 978-614-4000 or via email at [email protected]
MarketBeat Community Rating for NetScout Systems (NASDAQ NTCT)
MarketBeat's community ratings are surveys of what our community members think about NetScout Systems and other stocks. Vote "Outperform" if you believe NTCT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NTCT will underperform the S&P 500 over the long term. You may vote once every thirty days.
