NetScout Systems - NTCT Stock Forecast, Price & News

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, it 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. NetScout Systems, Inc. was incorporated in 1984 and is headquartered in Westford, Massachusetts.

NetScout Systems Stock Up 0.7 %

Shares of NTCT Stock traded up $0.23 during mid-day trading on Wednesday, hitting $33.89. The stock had a trading volume of 498,030 shares, compared to its average volume of 494,300. NetScout Systems has a 12-month low of $26.01 and a 12-month high of $37.68. The firm has a market capitalization of $2.42 billion, a P/E ratio of 61.38, a price-to-earnings-growth ratio of 5.01 and a beta of 0.60. The firm's 50-day moving average is $33.84 and its two-hundred day moving average is $32.79. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.36 and a quick ratio of 1.30.

NetScout Systems (NASDAQ:NTCT - Get Rating) last issued its quarterly earnings data on Thursday, August 4th. The technology company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. The company had revenue of $208.80 million for the quarter, compared to the consensus estimate of $204.25 million. NetScout Systems had a return on equity of 4.85% and a net margin of 4.71%. The firm's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.05 earnings per share. On average, analysts predict that NetScout Systems will post 1.35 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on NTCT. StockNews.com raised NetScout Systems from a "buy" rating to a "strong-buy" rating in a research report on Friday, August 5th. Piper Sandler cut NetScout Systems from a "neutral" rating to an "underweight" rating and lowered their target price for the stock from $35.00 to $33.00 in a report on Tuesday, May 31st.