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

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$33.05 -0.66 (-1.96 %)
(As of 03/26/2019 06:10 AM ET)
Previous Close$33.71
Today's Range$32.80 - $33.9254
52-Week Range$31.80 - $78.30
Volume397,353 shs
Average Volume369,284 shs
Market Capitalization$1.04 billion
P/E Ratio18.99
Dividend YieldN/A
Beta1.83
NETGEAR, Inc. designs, develops, and markets networking and Internet connected products for consumers, businesses, and service providers. It operates in two segments, Connected Home, and Small and Medium Business. The company offers smart home/connected home/broadband access products, such as broadband modems, WiFi gateways, WiFi hotspots, WiFi routers and home WiFi systems, WiFi range extenders, Powerline adapters and bridges, WiFi network adapters, and digital canvasses; and value added service offerings, including technical support, parental controls, and cybersecurity protection. It also provides Ethernet switches, wireless controllers and access points, unified storage products, and Internet security appliances for small and medium-sized businesses. The company 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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.06 billion
Cash Flow$0.6712 per share
Book Value$19.87 per share

Profitability

Net Income$-9,160,000.00

Miscellaneous

Employees1,008
Market Cap$1.04 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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 buyback plan on Sunday, June 4th 2017, which authorizes the company to buyback 3,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

How were NetGear's earnings last quarter?

NetGear, Inc. (NASDAQ:NTGR) announced its earnings results on Wednesday, February, 6th. The communications equipment provider reported $0.48 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.74 by $0.26. The communications equipment provider earned $288.90 million during the quarter, compared to analysts' expectations of $409.26 million. NetGear had a positive return on equity of 8.66% and a negative net margin of 0.19%. The firm's revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.71 EPS. View NetGear's Earnings History.

When is NetGear's next earnings date?

NetGear is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for NetGear.

What guidance has NetGear issued on next quarter's earnings?

NetGear issued an update on its first quarter 2019 earnings guidance on Wednesday, February, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $235-250 million, compared to the consensus revenue estimate of $264.67 million.

What price target have analysts set for NTGR?

4 brokerages have issued 12 month target prices for NetGear's stock. Their predictions range from $63.00 to $80.00. On average, they expect NetGear's share price to reach $71.00 in the next year. This suggests a possible upside of 114.8% from the stock's current price. View Analyst Price Targets for NetGear.

What is the consensus analysts' recommendation for NetGear?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetGear in the last year. There are currently 1 hold rating and 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. According to Zacks Investment Research, "NETGEAR is benefiting from its Orbi, Nighthawk Pro Gaming, cable modems and gateways as well as SMB switching portfolio, particularly PoE and ProAV switches. It is confident that it will remain a leader in new product introduction, based on the Wi-Fi 6 standards. It is excited to be part of AT&T’s commitment to be the first to introduce mobile 5G services in the United States. The company continues to capitalize on technology inflections, create new categories and build recurring service revenues. However, the stock has underperformed the industry in the past year on average. NETGEAR’s decision to split into two independent companies involves a fair amount of uncertainty and may lead to lower revenues. It competes in a rapidly evolving and fiercely competitive market and expects competition to intensify on price. The company depends on a limited number of third-party manufacturers for substantially all of its manufacturing needs." (3/12/2019)
  • 2. 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)

Has NetGear been receiving favorable news coverage?

Media headlines about NTGR stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press 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 -5 to 5, with scores closest to five being the most favorable. NetGear earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of NetGear's key competitors?

What other stocks do shareholders of NetGear own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NetGear investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Micron Technology (MU), Tesla (TSLA) and Exxon Mobil (XOM).

Who are NetGear's key executives?

NetGear's management team includes the folowing people:
  • Mr. C. S. Lo, Co-Founder, Chairman & CEO (Age 62)
  • Mr. Andrew W. Kim, Sr. VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 48)
  • Mr. Michael A. Werdann, Sr. VP of Worldwide Sales (Age 51)
  • Mr. Mark G. Merrill, Co-Founder & CTO (Age 64)
  • Mr. Bryan D. Murray, Chief Financial Officer (Age 44)

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 $33.05.

How big of a company is NetGear?

NetGear has a market capitalization of $1.04 billion and generates $1.06 billion in revenue each year. The communications equipment provider earns $-9,160,000.00 in net income (profit) each year or $1.74 on an earnings per share basis. NetGear employs 1,008 workers across the globe.

What is NetGear's official website?

The official website for NetGear is http://www.netgear.com.

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:  2.2 out of 5 (star star)
Outperform Votes:  293 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  654
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 3/26/2019 by MarketBeat.com Staff

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