NASDAQ:NTGR

NETGEAR Stock Forecast, Price & News

$30.82

-1.82 (-5.58 %)

(As of 10/30/2020 12:00 AM ET)

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Today's Range

$30.45

Now: $30.82▼

$32.65

50-Day Range

$29.61

MA: $32.12▼

$36.53

52-Week Range

$15.01

Now: $30.82▼

$37.40

Volume352,254 shs

Average Volume367,259 shs

Market Capitalization$921.64 million

P/E Ratio70.05

Dividend YieldN/A

Beta1.12

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. It also provides Ethernet switches, wireless controllers and access points, unified storage products, and Internet security appliances for small and medium-sized businesses. The company markets and sells its products through traditional retailers, online retailers, wholesale distributors, direct market resellers, value-added resellers, and broadband service providers in the Americas, Europe, the Middle-East, Africa, and the Asia Pacific. NETGEAR, Inc. was founded in 1996 and is headquartered in San Jose, California.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
NETGEAR has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.50, NETGEAR has a forecasted upside of 37.9% from its current price of $30.82.
Amount of Analyst Coverage
NETGEAR has only been the subject of 3 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
NETGEAR has received 342 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NETGEAR has received 419 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NETGEAR has received 55.06% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
NETGEAR does not currently pay a dividend.
Dividend Growth
NETGEAR does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NETGEAR insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,635,142.00 in company stock.
Percentage Held by Insiders
Only 5.40% of the stock of NETGEAR is held by insiders.
Percentage Held by Institutions
97.89% of the stock of NETGEAR is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for NETGEAR are expected to grow by 26.03% in the coming year, from $0.73 to $0.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NETGEAR is 70.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.78.
Price to Earnings Ratio vs. Sector
The P/E ratio of NETGEAR is 70.05, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 63.29.
Price to Book Value per Share Ratio
NETGEAR has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.54 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Telephone & telegraph apparatus

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNASDAQ:NTGR

Previous Symbol

CUSIP64111Q10

CIK1122904

Webwww.netgear.com

Phone408-907-8000

Employees788

Debt

Debt-to-Equity RatioN/A

Current Ratio2.67

Quick Ratio2.11

Price-To-Earnings

Trailing P/E Ratio70.05

Forward P/E Ratio42.22

P/E GrowthN/A

Sales & Book Value

Annual Sales$998.76 million

Price / Sales0.92

Cash Flow$1.35 per share

Price / Cash Flow22.75

Book Value$20.19 per share

Price / Book1.53

Profitability

EPS (Most Recent Fiscal Year)$0.81

Net Income$25.79 million

Net Margins1.35%

Return on Equity2.29%

Return on Assets1.50%

Miscellaneous

Outstanding Shares29,904,000

Market Cap$921.64 million

Next Earnings Date2/3/2021 (Estimated)

OptionableOptionable

$30.82

-1.82 (-5.58 %)

(As of 10/30/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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NETGEAR (NASDAQ:NTGR) Frequently Asked Questions

How has NETGEAR's stock price been impacted by COVID-19 (Coronavirus)?

NETGEAR's stock was trading at $18.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NTGR stock has increased by 63.2% and is now trading at $30.82.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of 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.

When is NETGEAR's next earnings date?

NETGEAR is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for NETGEAR.

How were NETGEAR's earnings last quarter?

NETGEAR, Inc. (NASDAQ:NTGR) released its quarterly earnings results on Wednesday, October, 21st. The communications equipment provider reported $1.13 EPS for the quarter, topping the Zacks' consensus estimate of $0.33 by $0.80. NETGEAR had a return on equity of 2.29% and a net margin of 1.35%.
View NETGEAR's earnings history.

What price target have analysts set for NTGR?

4 brokers have issued 12-month price objectives for NETGEAR's stock. Their forecasts range from $39.00 to $45.00. On average, they expect NETGEAR's stock price to reach $42.50 in the next year. This suggests a possible upside of 37.9% from the stock's current price.
View analysts' price targets for NETGEAR.

Who are some of NETGEAR's key competitors?

Some companies that are related to NETGEAR include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Viasat (VSAT), EchoStar (SATS), InterDigital (IDCC), Calix (CALX), Infinera (INFN), Plantronics (PLT), Ribbon Communications (RBBN) and Harmonic (HLIT).
View all 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 NVIDIA (NVDA), Micron Technology (MU), AT&T (T), CA (CA), Cisco Systems (CSCO), Pfizer (PFE), QUALCOMM (QCOM), AbbVie (ABBV), Intel (INTC) and Tesla (TSLA).

Who are NETGEAR's key executives?

NETGEAR's management team includes the following people:

Mr. C. S. Lo, Co-Founder, Chairman & CEO (Age 63, Pay $944.39k)
Mr. Bryan D. Murray, Chief Financial Officer (Age 45, Pay $449.38k)
Mr. Andrew W. Kim, Sr. VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 49, Pay $528.24k)
Mr. Michael A. Werdann, Sr. VP of Worldwide Sales (Age 52, Pay $871.13k)
Mr. David John Henry, Sr. VP of Connected Home Products (Age 47, Pay $505.33k)

What is NETGEAR's stock symbol?

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

Who are NETGEAR's major shareholders?

NETGEAR's stock is owned by many different institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (1.99%), WINTON GROUP Ltd (0.24%), Comerica Bank (0.18%), BNP Paribas Arbitrage SA (0.12%), Keybank National Association OH (0.11%) and Assenagon Asset Management S.A. (0.09%). Company insiders that own NETGEAR stock include Andrew Wonki Kim, Barbara Vaughn Scherer, David John Henry, Gregory J Rossman, Heidi Cormack, Jef Graham, Laura Durr, Michael A Werdann, Michael F Falcon, Murray Bryan, Patrick Cs Lo, Tamesa Rogers and Thomas H Waechter.
View institutional ownership trends for NETGEAR.

Which major investors are selling NETGEAR stock?

NTGR stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., WINTON GROUP Ltd, Comerica Bank, and KBC Group NV. Company insiders that have sold NETGEAR company stock in the last year include Andrew Wonki Kim, Gregory J Rossman, Heidi Cormack, Jef Graham, Laura Durr, Michael A Werdann, Michael F Falcon, Patrick Cs Lo, Tamesa Rogers, and Thomas H Waechter.
View insider buying and selling activity for NETGEAR.

Which major investors are buying NETGEAR stock?

NTGR stock was bought by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Diversified Trust Co, 6 Meridian, Louisiana State Employees Retirement System, BNP Paribas Arbitrage SA, Pacer Advisors Inc., Keybank National Association OH, and Exchange Traded Concepts LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is NETGEAR's stock price today?

One share of NTGR stock can currently be purchased for approximately $30.82.

How big of a company is NETGEAR?

NETGEAR has a market capitalization of $921.64 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 788 workers across the globe.

What is NETGEAR's official website?

The official website for NETGEAR is 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]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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