NetScout Systems Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetScout Systems in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NetScout Systems stock. 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.
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Wall Street analysts have given NetScout Systems a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but NetScout Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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NetScout Systems is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for NetScout Systems.

NetScout Systems, Inc. (NASDAQ:NTCT) issued its quarterly earnings data on Thursday, May, 6th. The technology company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.14. The technology company earned $213.40 million during the quarter, compared to analyst estimates of $213.97 million. NetScout Systems had a trailing twelve-month return on equity of 4.44% and a net margin of 2.33%. NetScout Systems's quarterly revenue was down 7.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.50 EPS.
View NetScout Systems' earnings history.

NetScout Systems' stock was trading at $21.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NTCT shares have increased by 40.8% and is now trading at $30.82.
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NetScout Systems updated its FY 2022 earnings guidance on Thursday, May, 27th. The company provided earnings per share (EPS) guidance of 1.710-1.770 for the period, compared to the Thomson Reuters consensus estimate of $1.730. The company issued revenue guidance of $835 million-$865 million, compared to the consensus revenue estimate of $858.11 million.

2 brokers have issued twelve-month target prices for NetScout Systems' stock. Their forecasts range from $21.00 to $26.00. On average, they anticipate NetScout Systems' share price to reach $23.50 in the next year. This suggests that the stock has a possible downside of 23.8%.
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175 employees have rated NetScout Systems CEO Anil K. Singhal on Glassdoor.com. Anil K. Singhal has an approval rating of 83% among NetScout Systems' employees.

Some companies that are related to NetScout Systems include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Nuance Communications (NUAN), Citrix Systems (CTXS), Fair Isaac (FICO) and FactSet Research Systems (FDS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other NetScout Systems investors own include VBI Vaccines (VBIV), Advanced Micro Devices (AMD), Ampio Pharmaceuticals (AMPE), Capricor Therapeutics (CAPR), Gold Resource (GORO), Pfizer (PFE), Trevena (TRVN), Eastman Chemical (EMN), Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Stride (LRN).

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

NetScout Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.52%), Neuberger Berman Group LLC (8.51%), Dimensional Fund Advisors LP (7.11%), Franklin Resources Inc. (5.55%), Brown Capital Management LLC (5.27%) and CIBC Private Wealth Group LLC (3.86%). Company insiders that own NetScout Systems stock include John Downing and Michael Szabados.
View institutional ownership trends for NetScout Systems.

NTCT stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Goldman Sachs Group Inc., Assenagon Asset Management S.A., Prudential Financial Inc., Bank of Montreal Can, Northern Trust Corp, CIBC Private Wealth Group LLC, and Dimensional Fund Advisors LP. Company insiders that have sold NetScout Systems company stock in the last year include John Downing, and Michael Szabados.
View insider buying and selling activity for NetScout Systems or view top insider-selling stocks.

NTCT stock was bought by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, BlackRock Inc., Franklin Resources Inc., Morgan Stanley, Rafferty Asset Management LLC, Canada Pension Plan Investment Board, Renaissance Technologies LLC, and AlphaCrest Capital Management LLC.
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Shares of NTCT 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.
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One share of NTCT stock can currently be purchased for approximately $30.82.

NetScout Systems has a market capitalization of $2.27 billion and generates $831.28 million in revenue each year. The technology company earns $19.35 million in net income (profit) each year or $1.15 on an earnings per share basis.

NetScout Systems employs 2,421 workers across the globe.

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, ClearSight Networks Inc., Cragen Limited, Danaher - Communications, Efflux Systems, Ellacoya Networks LLC, Fox Replay, Gigavation Inc., 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 Finance Ireland Limited, 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.A., NetScout Network Systems GmbH, NetScout Network Systems Pty Ltd, NetScout Padova S.r.l., NetScout Service Level Corporation, 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, TF Holdings B.V., and VSS Monitoring Inc..

NetScout Systems was founded in 1984.

The official website for NetScout Systems is www.netscout.com.

NetScout Systems is headquartered at 310 LITTLETON ROAD, WESTFORD MA, 01886.

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]