NASDAQ:NTGR - NetGear Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$64.15 -0.55 (-0.85 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$64.70
Today's Range$63.90 - $65.50
52-Week Range$44.20 - $78.30
Volume222,761 shs
Average Volume397,184 shs
Market Capitalization$2.06 billion
P/E Ratio28.15
Dividend YieldN/A
Beta2.03
NetGear logoNETGEAR, Inc. designs, develops, and markets networking and Internet connected products for consumers, businesses, and service providers. The company operates in three segments: Arlo, Connected Home, and Small and Medium Business. It offers smart home/connected home/broadband access products, such as remote video security systems, broadband modems, WiFi gateways, WiFi hotspots, WiFi routers and home WiFi systems, WiFi range extenders, Powerline adapters and bridges, and WiFi network adapters. The company also provides Ethernet switches, wireless controllers and access points, unified storage products, and Internet security appliances for small and medium-sized businesses. It markets and sells its products through traditional retailers, online retailers, wholesale distributors, direct market resellers, value-added resellers, and broadband service providers in the Americas, Europe, the Middle-East, Africa, and the Asia Pacific. NETGEAR, Inc. was founded in 1996 and is headquartered in San Jose, California.

Receive NTGR News and Ratings via Email

Sign-up to receive the latest news and ratings for NTGR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:NTGR
CUSIP64111Q10
Phone408-907-8000

Debt

Debt-to-Equity RatioN/A
Current Ratio2.33
Quick Ratio1.67

Price-To-Earnings

Trailing P/E Ratio28.15
Forward P/E Ratio47.17
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.41 billion
Price / Sales1.45
Cash Flow$3.2334 per share
Price / Cash19.84
Book Value$23.21 per share
Price / Book2.76

Profitability

EPS (Most Recent Fiscal Year)$2.32
Net Income$19.43 million
Net Margins-0.74%
Return on Equity9.97%
Return on Assets6.22%

Miscellaneous

Employees1,008
Outstanding Shares31,810,000
Market Cap$2.06 billion

NetGear (NASDAQ:NTGR) Frequently Asked Questions

What is NetGear's stock symbol?

NetGear trades on the NASDAQ under the ticker symbol "NTGR."

How will NetGear's stock buyback program work?

NetGear declared that its board has authorized a stock repurchase plan on Sunday, June 4th 2017, which permits the company to repurchase 3,000,000 shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

How were NetGear's earnings last quarter?

NetGear, Inc. (NASDAQ:NTGR) announced its quarterly earnings data on Monday, July, 23rd. The communications equipment provider reported $0.57 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.06. The communications equipment provider had revenue of $366.80 million for the quarter, compared to analysts' expectations of $350.60 million. NetGear had a negative net margin of 0.74% and a positive return on equity of 9.97%. NetGear's revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 earnings per share. View NetGear's Earnings History.

When is NetGear's next earnings date?

NetGear is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for NetGear.

What price target have analysts set for NTGR?

3 analysts have issued 12-month price objectives for NetGear's stock. Their forecasts range from $65.00 to $80.00. On average, they expect NetGear's stock price to reach $73.6667 in the next year. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Price Targets for NetGear.

What is the consensus analysts' recommendation for NetGear?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetGear in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NetGear.

What are Wall Street analysts saying about NetGear stock?

Here are some recent quotes from research analysts about NetGear stock:
  • 1. Guggenheim analysts commented, "We estimate 2018 revenues +8%Y/ Y to $1.53B and +4%Y/Y to $1.07B ex-ARLO, driven by Orbi mesh and WiFi routers, a return to growth in SMB switching and stabilization in Service Provider; with profits rebounding after ARLO and its separate costs fully spin out. ARLO spin-out enables return to profit focus – On Aug 3, NTGR began to spin out ARLO through an IPO of 11.7mil shares at $16 per share, and continues to own 84.2% but with its stated intention being to distribute the remaining ARLO ownership interest to its stockholders sometime after a 145-day lock-up period, as soon as the transaction can be tax-free for US federal income tax purposes." (8/28/2018)
  • 2. According to Zacks Investment Research, "NETGEAR, Inc. is a global networking company that delivers innovative products to consumers, businesses and service providers. For consumers, the company makes high performance, dependable and easy to use home networking, storage and digital media products to connect people with the Internet and their content and devices. For businesses, NETGEAR provides networking, storage and security solutions without the cost and complexity of big IT. The company also supplies top service providers with retail-proven, mobile broadband solutions for their customers on the go. NETGEAR products are built on a variety of proven technologies such as wireless, Ethernet and Powerline, with a focus on reliability and ease-of-use. " (6/27/2018)

Who are some of NetGear's key competitors?

Who are NetGear's key executives?

NetGear's management team includes the folowing people:
  • Mr. C. S. Lo, Co-Founder, Chairman & CEO (Age 61)
  • Mr. Michael F. Falcon, Chief Operations Officer (Age 62)
  • Mr. Andrew W. Kim, Sr. VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Michael A. Werdann, Sr. VP of Worldwide Sales (Age 50)
  • Mr. Mark G. Merrill, Co-Founder & CTO (Age 63)

Has NetGear been receiving favorable news coverage?

News stories about NTGR stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NetGear earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news articles about the communications equipment provider an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for NetGear.

Who are NetGear's major shareholders?

NetGear's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (14.87%), BlackRock Inc. (14.36%), Dimensional Fund Advisors LP (7.99%), Bank of New York Mellon Corp (5.68%), Bank of New York Mellon Corp (5.73%) and First Trust Advisors LP (4.56%). Company insiders that own NetGear stock include Andrew Wonki Kim, Barbara Vaughn Scherer, Christine Marie Gorjanc, David John Henry, Gregory J Rossman, Jef Graham, Mark G Merrill, Michael A Werdann, Michael F Falcon, Miller Joycelyn Carter, Patrick Cs Lo, Patrick J Collins III, Tamesa Rogers and Thomas H Waechter. View Institutional Ownership Trends for NetGear.

Which major investors are selling NetGear stock?

NTGR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, LSV Asset Management, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Glenmede Trust Co. NA, SG Americas Securities LLC and Russell Investments Group Ltd.. Company insiders that have sold NetGear company stock in the last year include Andrew Wonki Kim, Barbara Vaughn Scherer, David John Henry, Mark G Merrill, Michael A Werdann, Michael F Falcon, Patrick Cs Lo, Patrick J Collins III and Tamesa Rogers. View Insider Buying and Selling for NetGear.

Which major investors are buying NetGear stock?

NTGR stock was purchased by a variety of institutional investors in the last quarter, including BTIM Corp., Acadian Asset Management LLC, BlackRock Inc., Congress Asset Management Co. MA, WINTON GROUP Ltd, Canada Pension Plan Investment Board, First Trust Advisors LP and Northern Trust Corp. View Insider Buying and Selling for NetGear.

How do I buy shares of NetGear?

Shares of NTGR 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 NetGear's stock price today?

One share of NTGR stock can currently be purchased for approximately $64.15.

How big of a company is NetGear?

NetGear has a market capitalization of $2.06 billion and generates $1.41 billion in revenue each year. The communications equipment provider earns $19.43 million in net income (profit) each year or $2.32 on an earnings per share basis. NetGear employs 1,008 workers across the globe.

How can I contact NetGear?

NetGear's mailing address is 350 EAST PLUMERIA DRIVE, SAN JOSE CA, 95134. The communications equipment provider can be reached via phone at 408-907-8000 or via email at [email protected]


MarketBeat Community Rating for NetGear (NASDAQ NTGR)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  613
MarketBeat's community ratings are surveys of what our community members think about NetGear and other stocks. Vote "Outperform" if you believe NTGR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NTGR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel