NASDAQ:NTGR - NetGear Stock Price, Price Target & More

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

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

NetGear, Inc. (NASDAQ:NTGR) issued its quarterly earnings data on Wednesday, April, 25th. The communications equipment provider reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.02. The communications equipment provider earned $345 million during the quarter, compared to the consensus estimate of $342.58 million. NetGear had a net margin of 0.63% and a return on equity of 9.63%. The company's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period last year, the company posted $0.64 EPS. View NetGear's Earnings History.

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

3 brokers have issued 12 month price targets for NetGear's stock. Their forecasts range from $62.00 to $76.00. On average, they anticipate NetGear's stock price to reach $71.00 in the next year. View Analyst Ratings for NetGear.

Some companies that are related to NetGear include BlackBerry (BB), Plantronics (PLT), Ciena (CIEN), Avaya (AVYA), Telkom SA Ltd ADS Common Stock (TLKGY), Infinera (INFN), Fabrinet (FN), ADTRAN (ADTN), AudioCodes (AUDC), Akoustis Technologies (AKTS), Clearfield (CLFD), DASAN Zhone Solutions (DZSI), Westell Technologies (WSTL), Zoom Telephonics (ZMTP) and Communications Systems (JCS).

Headlines about NTGR stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NetGear earned a news impact score of 0.17 on Accern's scale. They also assigned news coverage about the communications equipment provider an impact score of 45.71 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

NetGear's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.73%), Dimensional Fund Advisors LP (8.43%), LSV Asset Management (2.59%), Northern Trust Corp (2.41%), Rothschild Asset Management Inc. (1.92%) and Wells Fargo & Company MN (1.89%). 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.

NTGR stock was sold by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Park West Asset Management LLC, LSV Asset Management, Wells Fargo & Company MN, Nuveen Asset Management LLC, Dimensional Fund Advisors LP, Allianz Asset Management GmbH and Allianz Asset Management GmbH. Company insiders that have sold NetGear company stock in the last year include Andrew Wonki Kim, Barbara Vaughn Scherer, Christine Marie Gorjanc, David John Henry, Mark G Merrill, Michael A Werdann, Michael F Falcon, Miller Joycelyn Carter, Patrick Cs Lo, Patrick J Collins III and Tamesa Rogers. View Insider Buying and Selling for NetGear.

NTGR stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., UBS Group AG, Spark Investment Management LLC, Federated Investors Inc. PA, SG Americas Securities LLC, Russell Investments Group Ltd. and Prudential Financial Inc.. View Insider Buying and Selling for 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.

One share of NTGR stock can currently be purchased for approximately $64.80.

NetGear has a market capitalization of $2.12 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.

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]