NETGEAR, 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.
Industry, Sector and Symbol
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:NTGR
CUSIP64111Q10
Phone408-907-8000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.49
Quick Ratio1.82
Price-To-Earnings
Trailing P/E Ratio30.68
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.41 billion
Price / Sales1.45
Cash Flow$3.2230 per share
Price / Cash20.09
Book Value$23.21 per share
Price / Book2.79
Profitability
EPS (Most Recent Fiscal Year)$2.32
Net Income$19.43 million
Net Margins0.63%
Return on Equity9.63%
Return on Assets6.23%
Miscellaneous
Employees1,008
Outstanding Shares31,550,000
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 announced that its Board of Directors has authorized a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to repurchase 3,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually 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 earnings results on Wednesday, April, 25th. The communications equipment provider reported $0.62 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.60 by $0.02. The communications equipment provider earned $345 million during the quarter, compared to analyst estimates of $342.58 million. NetGear had a return on equity of 9.63% and a net margin of 0.63%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the company posted $0.64 EPS. View NetGear's Earnings History.
When is NetGear's next earnings date?
What price target have analysts set for NTGR?
3 brokers have issued 1-year target prices for NetGear's shares. Their predictions range from $62.00 to $76.00. On average, they expect NetGear's share price to reach $71.00 in the next twelve months. View Analyst Ratings for NetGear.
Who are some of NetGear's key competitors?
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), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Westell Technologies (WSTL), Zoom Telephonics (ZMTP) and Communications Systems (JCS).
Who are NetGear's key executives?
NetGear's management team includes the folowing people:
- Mr. C. S. Lo, Co-Founder, Chairman & CEO (Age 61)
- Ms. Christine M. Gorjanc, Chief Financial Officer (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)
Has NetGear been receiving favorable news coverage?
News headlines about NTGR stock have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. NetGear earned a news sentiment score of 0.08 on Accern's scale. They also assigned media headlines about the communications equipment provider an impact score of 44.63 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are NetGear's major shareholders?
NetGear's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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.
Which major investors are selling NetGear stock?
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.
Which major investors are buying NetGear stock?
NTGR stock was purchased 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.
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 $64.75.
How big of a company is NetGear?
NetGear has a market capitalization of $2.07 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 (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.
