NetGear Stock Price, News & Analysis (NASDAQ:NTGR)

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

NetGear, Inc. (NASDAQ:NTGR) released its earnings results on Wednesday, July, 24th. The communications equipment provider reported $0.11 earnings per share for the quarter, missing the 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 net margin of 0.91% and a return on equity of 7.26%. The business's revenue was down 9.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.29 earnings per share. View NetGear's Earnings History.

NetGear is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for NetGear.

NetGear updated its third quarter 2019 earnings guidance on Wednesday, July, 24th. The company provided 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.

3 brokers have issued 12-month target prices for NetGear's shares. Their predictions range from $28.00 to $63.00. On average, they expect NetGear's share price to reach $45.00 in the next year. This suggests a possible upside of 46.8% from the stock's current price. View Analyst Price Targets for NetGear.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetGear in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NetGear.

Media stories about NTGR stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. NetGear earned a news impact score of -1.3 on InfoTrie's scale. They also gave press coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for NetGear.

NetGear saw a increase in short interest in the month of August. As of August 15th, there was short interest totalling 2,729,500 shares, an increase of 14.2% from the July 15th total of 2,389,800 shares. Based on an average daily trading volume, of 295,800 shares, the short-interest ratio is presently 9.2 days. Currently, 9.0% of the company's stock are short sold. View NetGear's Current Options Chain.

Some companies that are related to NetGear include Telkom SA Ltd ADS (TLKGY), Fabrinet (FN), Plantronics (PLT), Avaya (AVYA), Infinera (INFN), AudioCodes (AUDC), ADTRAN (ADTN), Akoustis Technologies (AKTS), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Sonim Technologies (SONM), Communications Systems (JCS), Clearone (CLRO), AltiGen Communications (ATGN) and Franklin Wireless (FKWL).

Based on aggregate information from My MarketBeat watchlists, some companies that other NetGear investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Endologix (ELGX), Micron Technology (MU), Arlo Technologies (ARLO), Tesla (TSLA), Accenture (ACN) and Aegean Marine Petroleum Network (ANW).

NetGear's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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, David John Henry, Gregory J Rossman, Heidi Cormack, Jef Graham, Mark G Merrill, Michael A Werdann, Michael F Falcon, Murray Bryan, Patrick Cs Lo, Patrick J Collins III and Tamesa Rogers. View Institutional Ownership Trends for NetGear.

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.

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, Robinhood, Fidelity and Charles Schwab.

One share of NTGR stock can currently be purchased for approximately $30.66.

NetGear has a market capitalization of $953.83 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.View Additional Information About NetGear.

The official website for NetGear is http://www.netgear.com/.

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]