NASDAQ:NTCT - NetScout Systems Stock Price, Forecast & News

NetScout Systems trades on the NASDAQ under the ticker symbol "NTCT."

NetScout Systems, Inc. (NASDAQ:NTCT) issued its quarterly earnings results on Thursday, January, 30th. The technology company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.15. The technology company had revenue of $260.02 million for the quarter, compared to analysts' expectations of $249.85 million. NetScout Systems had a return on equity of 4.47% and a net margin of 1.02%. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $0.45 EPS. View NetScout Systems' Earnings History.

NetScout Systems is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for NetScout Systems.

NetScout Systems issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, January, 30th. The company provided earnings per share (EPS) guidance of 1.51-1.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.48. The company issued revenue guidance of $900-910 million, compared to the consensus revenue estimate of $900.79 million.

2 brokerages have issued 12 month price targets for NetScout Systems' shares. Their forecasts range from $20.00 to $33.00. On average, they expect NetScout Systems' stock price to reach $26.50 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. View Analyst Price Targets for NetScout Systems.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetScout Systems in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NetScout Systems.

Media headlines about NTCT stock have been trending very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring 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 positive five, with scores closest to five being the most favorable. NetScout Systems earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the stock's share price in the next few days. View News Stories for NetScout Systems.

Some companies that are related to NetScout Systems include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS) and Guidewire Software (GWRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other NetScout Systems investors own include Netflix (NFLX), Danaher (DHR), Alphabet (GOOG), NVIDIA (NVDA), Stitch Fix (SFIX), Energy Transfer LP Unit (ET), Mastercard (MA), Twitter (TWTR), Verizon Communications (VZ) and Advanced Micro Devices (AMD).

NetScout Systems' stock is owned by a variety of of retail and institutional investors. Top institutional investors include CIBC Private Wealth Group LLC (6.11%), Alliancebernstein L.P. (5.75%), State Street Corp (3.15%), Goldman Sachs Group Inc. (2.91%), Investment Counselors of Maryland LLC (1.33%) and Citigroup Inc. (1.11%). Company insiders that own NetScout Systems stock include Jean A Bua, John Downing, Joseph G Hadzima Jr, Michael Szabados and Vincent J Mullarkey. View Institutional Ownership Trends for NetScout Systems.

NTCT stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Russell Investments Group Ltd., Prudential Financial Inc., First Trust Advisors LP, AlphaCrest Capital Management LLC, State Street Corp, Nisa Investment Advisors LLC and Horrell Capital Management Inc.. Company insiders that have sold NetScout Systems company stock in the last year include John Downing, Joseph G Hadzima Jr and Michael Szabados. View Insider Buying and Selling for NetScout Systems.

NTCT stock was purchased by a variety of institutional investors in the last quarter, including Citigroup Inc., Jacobs Levy Equity Management Inc., Great Lakes Advisors LLC, Acadian Asset Management LLC, Bank of Montreal Can, UBS Group AG, Investment Counselors of Maryland LLC and Barclays PLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of NTCT stock can currently be purchased for approximately $28.86.

NetScout Systems has a market capitalization of $2.13 billion and generates $909.92 million in revenue each year. The technology company earns $-73,320,000.00 in net income (profit) each year or $0.81 on an earnings per share basis. NetScout Systems employs 2,585 workers across the globe.View Additional Information About NetScout Systems.

The official website for NetScout Systems is http://www.netscout.com/.

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]