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.
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Industry, Sector and Symbol
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Phone408-907-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.06 billion
Profitability
Miscellaneous
Employees828
Next Earnings Date10/24/2019 (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 were NetGear's earnings last quarter?
NetGear, Inc. (NASDAQ:NTGR) posted its quarterly earnings results on Wednesday, July, 24th. The communications equipment provider reported $0.11 EPS for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.14. The communications equipment provider earned $230.85 million during the quarter, compared to the consensus estimate of $224.35 million. NetGear had a return on equity of 7.26% and a net margin of 0.91%. The company's revenue for the quarter was down 9.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.29 earnings per share. View NetGear's Earnings History.
When is NetGear's next earnings date?
What guidance has NetGear issued on next quarter's earnings?
NetGear issued an update on its third quarter 2019 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $265-280 million, compared to the consensus revenue estimate of $267.11 million.
What price target have analysts set for NTGR?
4 brokers have issued 1-year price objectives for NetGear's shares. Their forecasts range from $28.00 to $80.00. On average, they expect NetGear's share price to reach $52.75 in the next twelve months. This suggests a possible upside of 54.5% 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 2 hold ratings and 2 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. The company is confident of retaining a competitive edge in the industry, based on Wi-Fi 6 standards. It is excited to be an integral 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 product categories and build recurring service revenues. NETGEAR further aims to augment the effectiveness and efficiency of its hybrid cloud access network and strengthen its position in the market through trendy product offerings. 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." (4/16/2019)
- 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?
News coverage about NTGR stock has trended negative on Monday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NetGear earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned media headlines about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for NetGear.
Are investors shorting NetGear?
NetGear saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 2,729,500 shares, an increase of 14.2% from the June 30th total of 2,389,800 shares. Based on an average daily volume of 295,800 shares, the days-to-cover ratio is presently 9.2 days. Currently, 9.0% of the shares of the stock are short sold. View NetGear's Current Options Chain.
Who are some of NetGear's key competitors?
Some companies that are related to NetGear include Telkom SA Ltd ADS (TLKGY), Fabrinet (FN), Avaya (AVYA), Plantronics (PLT), Infinera (INFN), ADTRAN (ADTN), AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Clearfield (CLFD), Sonim Technologies (SONM), Communications Systems (JCS), Clearone (CLRO), Franklin Wireless (FKWL) and AltiGen Communications (ATGN).
What other stocks do shareholders of NetGear own?
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)
Who are NetGear's major shareholders?
NetGear's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.28%), Vanguard Group Inc. (10.51%), First Trust Advisors LP (7.38%), Bank of New York Mellon Corp (4.52%), Wells Fargo & Company MN (2.68%) and Northern Trust Corp (2.54%). Company insiders that own NetGear stock include Andrew Wonki Kim, Barbara Vaughn Scherer, Christine Marie Gorjanc, David John Henry, Gregory J Rossman, Heidi Cormack, Jef Graham, Mark G Merrill, Michael A Werdann, Michael F Falcon, Patrick Cs Lo, Patrick J Collins III and Tamesa Rogers. View Institutional Ownership Trends for NetGear.
Which institutional investors are buying NetGear stock?
NTGR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., First Trust Advisors LP, Bank of New York Mellon Corp, Wells Fargo & Company MN, Northern Trust Corp, Nuveen Asset Management LLC and Rothschild & Co. Asset Management US Inc.. 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 $34.14.
How big of a company is NetGear?
NetGear has a market capitalization of $1.06 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 828 workers across the globe.View Additional Information About NetGear.
What is NetGear's official website?
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)
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.
