NASDAQ:NTGRNetGear Stock Price, Forecast & News

NetGear's stock was trading at $18.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NTGR shares have increased by 36.3% and is now trading at $25.73. View which stocks have been most impacted by Coronavirus.

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

NetGear is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for NetGear.

NetGear, Inc. (NASDAQ:NTGR) announced its quarterly earnings data on Wednesday, April, 22nd. The communications equipment provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.16 by $0.05. The communications equipment provider had revenue of $229.96 million for the quarter, compared to analysts' expectations of $215.95 million. NetGear had a net margin of 0.90% and a return on equity of 1.87%. The firm's revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 earnings per share. View NetGear's earnings history.

3 brokers have issued 12 month price objectives for NetGear's stock. Their forecasts range from $25.00 to $44.00. On average, they expect NetGear's stock price to reach $34.00 in the next year. This suggests a possible upside of 32.1% from the stock's current price. View analysts' price targets for NetGear.

News headlines about NTGR stock have been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. 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 daily sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines 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 few days. View the latest news aboutNetGear.

NetGear saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,360,000 shares, an increase of 24.9% from the April 30th total of 1,890,000 shares. Based on an average trading volume of 465,000 shares, the days-to-cover ratio is presently 5.1 days. Approximately 8.4% of the shares of the company are short sold. View NetGear's Current Options Chain.

Some companies that are related to NetGear include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), Calix (CALX), Ribbon Communications (RBBN), ADTRAN (ADTN) and Harmonic (HLIT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NetGear investors own include CA (CA), NVIDIA (NVDA), BlackRock (BLK), Tesla (TSLA), Arlo Technologies (ARLO), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), Chipotle Mexican Grill (CMG) and Gilead Sciences (GILD).

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

NetGear's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.41%), Victory Capital Management Inc. (7.83%), Victory Capital Management Inc. (7.87%), State Street Corp (3.79%), Investment Counselors of Maryland LLC (3.76%) and Bank of New York Mellon Corp (3.51%). Company insiders that own NetGear stock include Andrew Wonki Kim, Barbara Vaughn Scherer, David John Henry, Gregory J Rossman, Heidi Cormack, Jef Graham, Michael A Werdann, Michael F Falcon, Murray Bryan, Patrick Cs Lo and Tamesa Rogers. View institutional ownership trends for NetGear.

NTGR stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Two Sigma Investments LP, Federated Hermes Inc., Public Sector Pension Investment Board, Squarepoint Ops LLC, Two Sigma Advisers LP, Bank of New York Mellon Corp, and Systematic Financial Management LP. Company insiders that have sold NetGear company stock in the last year include Barbara Vaughn Scherer, David John Henry, Heidi Cormack, Jef Graham, Michael A Werdann, Michael F Falcon, Murray Bryan, Patrick Cs Lo, and Tamesa Rogers. View insider buying and selling activity for NetGear.

NTGR stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Alyeska Investment Group L.P., Canada Pension Plan Investment Board, Boston Trust Walden Corp, Boston Trust Walden Corp, Investment Counselors of Maryland LLC, and State Street Corp. View insider buying and selling activity 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 $25.73.

NetGear has a market capitalization of $756.98 million and generates $998.76 million in revenue each year. The communications equipment provider earns $25.79 million in net income (profit) each year or $0.81 on an earnings per share basis. NetGear employs 828 workers across the globe.

The official website for NetGear is 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]