NASDAQ:NTGRNetGear Stock Price, Forecast & News

$24.25

-0.36 (-1.46 %)

(As of 07/7/2020 02:45 PM ET)

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Today's Range

$24.25

Now: $24.25▼

$24.84

50-Day Range

$23.30

MA: $25.14▼

$27.20

52-Week Range

$15.01

Now: $24.25▼

$36.87

Volume4,480 shs

Average Volume264,181 shs

Market Capitalization$713.44 million

P/E Ratio89.82

Dividend YieldN/A

Beta1.08

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 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.00, NetGear has a potential upside of 40.2% from its current price of $24.25.
Amount of Analyst Coverage
NetGear has only been the subject of 1 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
NetGear has received 333 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NetGear has received 409 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NetGear has received 55.12% “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 $670,428.00 in company stock.
Percentage Held by Insiders
Only 5.40% of the stock of NetGear is held by insiders.
Percentage Held by Institutions
99.00% of the stock of NetGear is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for NetGear are expected to grow by 110.20% in the coming year, from $0.49 to $1.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NetGear is 89.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of NetGear is 89.82, 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 43.47.
Price to Book Value per Share Ratio
NetGear has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.68 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

Debt

Debt-to-Equity Ratio0.04

Current Ratio2.89

Quick Ratio2.12

Price-To-Earnings

Trailing P/E Ratio89.82

Forward P/E Ratio49.49

P/E GrowthN/A

Sales & Book Value

Annual Sales$998.76 million

Price / Sales0.71

Cash Flow$1.49 per share

Price / Cash Flow16.28

Book Value$20.19 per share

Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)$0.81

Net Income$25.79 million

Net Margins0.90%

Return on Equity1.87%

Return on Assets1.22%

Miscellaneous

Employees828

Outstanding Shares29,420,000

Market Cap$713.44 million

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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NetGear (NASDAQ:NTGR) Frequently Asked Questions

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

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 28.4% and is now trading at $24.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of NetGear?

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.

When is NetGear's next earnings date?

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

How were NetGear's earnings last quarter?

NetGear, Inc. (NASDAQ:NTGR) announced its earnings results on Wednesday, April, 22nd. The communications equipment provider reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.05. The communications equipment provider earned $229.96 million during the quarter, compared to analyst estimates of $215.95 million. NetGear had a return on equity of 1.87% and a net margin of 0.90%. The business's revenue was down 7.7% on a year-over-year basis. During the same period last year, the company posted $0.60 EPS. View NetGear's earnings history.

What price target have analysts set for NTGR?

3 brokerages have issued 1-year target prices for NetGear's stock. Their forecasts range from $25.00 to $44.00. On average, they anticipate NetGear's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 40.2% from the stock's current price. View analysts' price targets for NetGear.

Has NetGear been receiving favorable news coverage?

News coverage about NTGR stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NetGear earned a coverage optimism score of -2.1 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 news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about NetGear.

Are investors shorting NetGear?

NetGear saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,480,000 shares, an increase of 5.5% from the June 15th total of 2,350,000 shares. Based on an average trading volume of 370,800 shares, the short-interest ratio is presently 6.7 days. Currently, 8.8% of the shares of the stock are short sold. View NetGear's Current Options Chain.

Who are some of NetGear's key competitors?

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

Who are NetGear's key executives?

NetGear's management team includes the following people:

Mr. C. S. Lo, Co-Founder, Chairman & CEO (Age 62)
Mr. Andrew W. Kim, Sr. VP of Corp. Devel., Gen. Counsel & Corp. Sec. (Age 48)
Mr. Michael A. Werdann, Sr. VP of Worldwide Sales (Age 51)
Mr. Mark G. Merrill, Co-Founder & CTO (Age 64)
Mr. Bryan D. Murray, Chief Financial Officer (Age 44)

What is NetGear's stock symbol?

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

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 $24.25.

How big of a company is NetGear?

NetGear has a market capitalization of $713.44 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.

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 7/7/2020 by MarketBeat.com Staff

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