NASDAQ:NTGR - NetGear Stock Price, Price Target & More

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

NetGear declared that its board has initiated a share buyback program on Sunday, June 4th 2017, which authorizes the company to buyback 3,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

NetGear, Inc. (NASDAQ:NTGR) released its quarterly earnings data on Wednesday, April, 25th. The communications equipment provider reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.02. The communications equipment provider earned $345 million during the quarter, compared to analyst estimates of $342.58 million. NetGear had a return on equity of 9.63% and a net margin of 0.63%. The business's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 EPS. View NetGear's Earnings History.

NetGear is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for NetGear.

3 analysts have issued 12-month price objectives for NetGear's shares. Their predictions range from $62.00 to $85.00. On average, they expect NetGear's share price to reach $74.3333 in the next twelve months. This suggests that the stock has a possible downside of 1.9%. View Analyst Ratings for NetGear.

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

Some companies that are related to NetGear include Ciena (CIEN), Plantronics (PLT), Avaya (AVYA), Telkom SA Ltd ADS Common Stock (TLKGY), Fabrinet (FN), Infinera (INFN), ADTRAN (ADTN), AudioCodes (AUDC), Akoustis Technologies (AKTS), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Zoom Telephonics (ZMTP), Westell Technologies (WSTL), Communications Systems (JCS) and Clearone (CLRO).

Media headlines about NTGR stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NetGear earned a news sentiment score of 0.04 on Accern's scale. They also gave press coverage about the communications equipment provider an impact score of 46.93 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

NetGear's stock is owned by a number of of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.28%), Nisa Investment Advisors LLC (0.10%), Municipal Employees Retirement System of Michigan (0.03%), Bank of Montreal Can (0.02%), Fox Run Management L.L.C. (0.01%) and Contravisory Investment Management Inc. (0.01%). Company insiders that own NetGear stock include Andrew Wonki Kim, Barbara Vaughn Scherer, Christine Marie Gorjanc, David John Henry, Gregory J Rossman, Jef Graham, Mark G Merrill, Michael A Werdann, Michael F Falcon, Miller Joycelyn Carter, Patrick Cs Lo, Patrick J Collins III, Tamesa Rogers and Thomas H Waechter. View Institutional Ownership Trends for NetGear.

NTGR stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. Company insiders that have sold NetGear company stock in the last year include Andrew Wonki Kim, Barbara Vaughn Scherer, Christine Marie Gorjanc, David John Henry, Mark G Merrill, Michael A Werdann, Michael F Falcon, Miller Joycelyn Carter, Patrick Cs Lo, Patrick J Collins III and Tamesa Rogers. View Insider Buying and Selling for NetGear.

NTGR stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Foundry Partners LLC, Bank of Montreal Can, Fox Run Management L.L.C. and Contravisory Investment Management 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, Scottrade, Fidelity and Charles Schwab.

One share of NTGR stock can currently be purchased for approximately $75.80.

NetGear has a market capitalization of $2.40 billion and generates $1.41 billion in revenue each year. The communications equipment provider earns $19.43 million in net income (profit) each year or $2.32 on an earnings per share basis. NetGear employs 1,008 workers across the globe.

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]