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

Sign in or create an account to add this stock to your watchlist.
$27.04 -0.17 (-0.62 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$27.21
Today's Range$27.01 - $27.42
52-Week Range$27.01 - $78.30
Volume149,000 shs
Average Volume418,334 shs
Market Capitalization$851.54 million
P/E Ratio15.54
Dividend YieldN/A
Beta1.75
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.

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

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$0.6636 per share
Book Value$20.10 per share

Profitability

Net Income$-9,160,000.00

Miscellaneous

Employees828
Market Cap$851.54 million
Next Earnings Date7/22/2019 (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 announced that its board has approved a share buyback program on Sunday, June 4th 2017, which permits the company to buyback 3,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

How were NetGear's earnings last quarter?

NetGear, Inc. (NASDAQ:NTGR) issued its quarterly earnings data on Wednesday, April, 24th. The communications equipment provider reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.49 by $0.04. The communications equipment provider had revenue of $249.10 million for the quarter, compared to analyst estimates of $244.31 million. NetGear had a net margin of 0.35% and a return on equity of 8.97%. The firm's revenue was up 1.6% compared to the same quarter last year. During the same period last year, the firm earned $0.62 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 Monday, July 22nd 2019. View Earnings Estimates for NetGear.

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

NetGear issued an update on its second quarter 2019 earnings guidance on Wednesday, April, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $215-230 million, compared to the consensus revenue estimate of $256.15 million.

What price target have analysts set for NTGR?

4 analysts have issued 12-month price targets for NetGear's shares. Their predictions range from $63.00 to $80.00. On average, they expect NetGear's stock price to reach $69.3333 in the next twelve months. This suggests a possible upside of 156.4% 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. 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 stories about NTGR stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. NetGear earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave media stories about the communications equipment provider a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the immediate future.

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), NVIDIA (NVDA), Arlo Technologies (ARLO), Chipotle Mexican Grill (CMG), Micron Technology (MU), Tesla (TSLA), Accenture (ACN) and Aegean Marine Petroleum Network (ANW).

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 $27.04.

How big of a company is NetGear?

NetGear has a market capitalization of $851.54 million 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.

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 netgearir[email protected]


MarketBeat Community Rating for NetGear (NASDAQ NTGR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  294 (Vote Outperform)
Underperform Votes:  366 (Vote Underperform)
Total Votes:  660
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 5/22/2019 by MarketBeat.com Staff

Featured Article: Cost of Goods Sold (COGS)

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