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

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

NetGear, Inc. (NASDAQ:NTGR) issued its earnings results on Wednesday, July, 24th. The communications equipment provider reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.14. The communications equipment provider had revenue of $230.85 million for the quarter, compared to analysts' expectations of $224.35 million. NetGear had a return on equity of 7.26% and a net margin of 0.91%. NetGear's revenue for the quarter was down 9.6% on a year-over-year basis. During the same period last 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 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.

3 analysts have issued 1-year price targets for NetGear's shares. Their forecasts range from $28.00 to $63.00. On average, they anticipate NetGear's stock price to reach $45.00 in the next year. This suggests a possible upside of 45.3% 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.

News stories about NTGR stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NetGear earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few 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 days-to-cover ratio is currently 9.2 days. Approximately 9.0% of the shares of the company are sold short. 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 number of 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, 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 $30.96.

NetGear has a market capitalization of $963.26 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]