NetScout Systems, Inc. engages in the provision of application and network performance management solutions. Its integrated hardware and software solutions are used by commercial enterprises, governmental agencies, and telecommunication service providers. The company was founded by Anil K. Singhal and Narendra Popat in June 1984 and is headquartered in Westford, MA.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computer integrated systems design
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:NTCT
CUSIP64115T10
Phone978-614-4000
Debt
Debt-to-Equity Ratio0.29
Current Ratio2.00
Quick Ratio1.90
Price-To-Earnings
Trailing P/E Ratio24.64
Forward P/E Ratio27.45
P/E Growth2.86
Sales & Book Value
Annual Sales$986.79 million
Price / Sales1.97
Cash Flow$2.6404 per share
Price / Cash9.15
Book Value$23.71 per share
Price / Book1.02
Profitability
EPS (Most Recent Fiscal Year)$0.99
Net Income$79.81 million
Net Margins4.28%
Return on Equity3.79%
Return on Assets2.47%
Miscellaneous
Employees3,019
Outstanding Shares80,540,000
Market Cap$2.03 billion
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 declared that its Board of Directors has approved a stock buyback program on Friday, October 27th 2017, which authorizes the company to repurchase 25,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.
How were NetScout Systems' earnings last quarter?
NetScout Systems, Inc. (NASDAQ:NTCT) posted its quarterly earnings data on Thursday, July, 26th. The technology company reported $0.03 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.02. The technology company earned $205.11 million during the quarter, compared to analyst estimates of $210.47 million. NetScout Systems had a net margin of 4.28% and a return on equity of 3.79%. The company's quarterly revenue was down 9.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.08 earnings per share. View NetScout Systems' Earnings History.
When is NetScout Systems' next earnings date?
How can I listen to NetScout Systems' earnings call?
NetScout Systems will be holding an earnings conference call on Thursday, November 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 7854241877.
What price target have analysts set for NTCT?
5 brokerages have issued twelve-month price targets for NetScout Systems' shares. Their predictions range from $23.00 to $31.00. On average, they expect NetScout Systems' share price to reach $27.60 in the next year. This suggests a possible upside of 14.3% 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. " (10/13/2018)
- 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)
Are investors shorting NetScout Systems?
NetScout Systems saw a decline in short interest in the month of September. As of September 28th, there was short interest totalling 7,595,988 shares, a decline of 23.7% from the September 14th total of 9,956,052 shares. Based on an average daily trading volume, of 1,023,462 shares, the days-to-cover ratio is currently 7.4 days. Approximately 9.8% of the company's shares are short sold. View NetScout Systems' Current Options Chain.
Who are some of NetScout Systems' key competitors?
Some companies that are related to NetScout Systems include CSRA (CSRA), Caci International (CACI), Science Applications International (SAIC), Verint Systems (VRNT), Ebix (EBIX), Allscripts Healthcare Solutions (MDRX), Scientific Games (SGMS), Convergys (CVG), Quality Systems (QSII), Sykes Enterprises (SYKE), Unisys (UIS), VASCO Data Security International (VDSI), Onespan (OSPN), Ribbon Communications (RBBN) and KEYW (KEYW).
Who are NetScout Systems' key executives?
NetScout Systems' management team includes the folowing people:
- Anil K. Singhal, Chairman, President & Chief Executive Officer
- Michael Szabados, Chief Operating Officer
- Jean Ann Bua, Chief Financial Officer, Treasurer & Executive VP
- Ashwani Singhal, Senior Vice President-Research & Development
- Bruce Allen Kelley, Chief Technology Officer & Senior Vice President
Who are NetScout Systems' major shareholders?
NetScout Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Horrell Capital Management Inc. (0.26%) and Fox Run Management L.L.C. (0.02%). Company insiders that own NetScout Systems stock include Jean A Bua, John Downing, Michael Szabados, Victor Demarines and Vincent J Mullarkey. View Institutional Ownership Trends for NetScout Systems.
Which institutional investors are buying NetScout Systems stock?
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 $24.15.
How big of a company is NetScout Systems?
NetScout Systems has a market capitalization of $2.03 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.
