NASDAQ:NTGR - NetGear Stock Price, News & Analysis

$33.28
+0.31 (+0.94 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$32.86
Now: $33.28
$33.73
50-Day Range
$25.29
MA: $29.45
$34.50
52-Week Range
$24.63
Now: $33.28
$75.25
Volume200,500 shs
Average Volume386,566 shs
Market Capitalization$1.04 billion
P/E Ratio19.13
Dividend YieldN/A
Beta1.72
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. Read More…

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$0.6915 per share
Book Value$19.99 per share

Profitability

Net Income$-9,160,000.00

Miscellaneous

Employees828
Market Cap$1.04 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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) released its quarterly earnings results on Wednesday, July, 24th. The communications equipment provider reported $0.11 earnings per share 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 analyst estimates of $224.35 million. NetGear had a return on equity of 7.26% and a net margin of 0.91%. The business's revenue was down 9.6% compared to the same quarter last year. During the same period last year, the firm earned $0.29 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 Thursday, October 24th 2019. View Earnings Estimates for NetGear.

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

NetGear updated its third quarter 2019 earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) 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 equities research analysts have issued 12 month target prices for NetGear's shares. Their forecasts range from $28.00 to $80.00. On average, they anticipate NetGear's stock price to reach $52.75 in the next year. This suggests a possible upside of 58.5% 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 articles about NTGR stock have trended negative on Saturday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NetGear earned a news impact score of -2.3 on InfoTrie's scale. They also gave news articles 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 effect on the company'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 trading volume, of 295,800 shares, the short-interest ratio is currently 9.2 days. Currently, 9.0% of the company's stock are sold short. View NetGear's Current Options Chain.

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), Chipotle Mexican Grill (CMG), Endologix (ELGX), NVIDIA (NVDA), Arlo Technologies (ARLO), 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)

Who are NetGear's major shareholders?

NetGear's stock is owned by many different of institutional and retail 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 purchased 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 $33.28.

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 828 workers across the globe.View Additional Information About NetGear.

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:  299 (Vote Outperform)
Underperform Votes:  373 (Vote Underperform)
Total Votes:  672
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 8/17/2019 by MarketBeat.com Staff

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