NASDAQ:NTGR - NetGear Stock Price, News, & Analysis

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$35.92 +1.29 (+3.73 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$34.63
Today's Range$34.67 - $36.27
52-Week Range$31.80 - $78.30
Volume537,723 shs
Average Volume537,581 shs
Market Capitalization$1.13 billion
P/E Ratio20.64
Dividend YieldN/A
Beta1.88
NETGEAR, Inc. designs, develops, and markets networking and Internet connected products for consumers, businesses, and service providers. The company operates in three segments: Arlo, Connected Home, and Small and Medium Business. It offers smart home/connected home/broadband access products, such as remote video security systems, broadband modems, WiFi gateways, WiFi hotspots, WiFi routers and home WiFi systems, WiFi range extenders, Powerline adapters and bridges, and WiFi network adapters. The company also provides Ethernet switches, wireless controllers and access points, unified storage products, and Internet security appliances for small and medium-sized businesses. It 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.

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Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:NTGR
CUSIP64111Q10
Phone408-907-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.06 billion
Cash Flow$3.3259 per share
Book Value$19.87 per share

Profitability

Net Income$-2,630,000.00

Miscellaneous

Employees1,008
Market Cap$1.13 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

NetGear (NASDAQ:NTGR) Frequently Asked Questions

What is NetGear's stock symbol?

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

How will NetGear's stock buyback program work?

NetGear announced that its board has approved a share buyback program on Sunday, June 4th 2017, which allows the company to buyback 3,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

How were NetGear's earnings last quarter?

NetGear, Inc. (NASDAQ:NTGR) announced its quarterly earnings data on Wednesday, February, 6th. The communications equipment provider reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by $0.26. The communications equipment provider had revenue of $288.90 million for the quarter, compared to analysts' expectations of $409.26 million. NetGear had a negative net margin of 0.19% and a positive return on equity of 8.66%. The company's revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.71 EPS. View NetGear's Earnings History.

When is NetGear's next earnings date?

NetGear is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for NetGear.

What guidance has NetGear issued on next quarter's earnings?

NetGear issued an update on its first quarter 2019 earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $235-250 million, compared to the consensus revenue estimate of $264.67 million.

What price target have analysts set for NTGR?

4 Wall Street analysts have issued twelve-month price objectives for NetGear's stock. Their forecasts range from $63.00 to $80.00. On average, they expect NetGear's stock price to reach $71.00 in the next twelve months. This suggests a possible upside of 97.7% from the stock's current price. View Analyst Price Targets for NetGear.

What is the consensus analysts' recommendation for NetGear?

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

What are Wall Street analysts saying about NetGear stock?

Here are some recent quotes from research analysts about NetGear stock:
  • 1. According to Zacks Investment Research, "NETGEAR continues to introduce new products and services that hinge on affordability, reliability and ease of use. The company continues to capitalize on technology inflections, create new categories and build recurring service revenues in order to maintain its market leadership position and drive future growth. NETGEAR remains optimistic about the prospect of its Connected Home segment, on the back of strong traction across Orbi, and cable modems and gateways. Its products typically include higher port counts, higher data transfer rates and other performance characteristics designed to meet the needs of a business user, providing a competitive edge to outsmart its rivals. However, the stock has underperformed the industry in the past year on an average. NETGEAR’s decision to split into two independent companies involves a fair amount of uncertainty, which may lead to lower revenues going forward." (1/18/2019)
  • 2. Guggenheim analysts commented, "We estimate 2018 revenues +8%Y/ Y to $1.53B and +4%Y/Y to $1.07B ex-ARLO, driven by Orbi mesh and WiFi routers, a return to growth in SMB switching and stabilization in Service Provider; with profits rebounding after ARLO and its separate costs fully spin out. ARLO spin-out enables return to profit focus – On Aug 3, NTGR began to spin out ARLO through an IPO of 11.7mil shares at $16 per share, and continues to own 84.2% but with its stated intention being to distribute the remaining ARLO ownership interest to its stockholders sometime after a 145-day lock-up period, as soon as the transaction can be tax-free for US federal income tax purposes." (8/28/2018)

Has NetGear been receiving favorable news coverage?

Media coverage about NTGR stock has been trending positive on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. NetGear earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave media coverage about the communications equipment provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next several days.

Who are some of NetGear's key 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), BlackRock (BLK), Endologix (ELGX), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), Micron Technology (MU), Accenture (ACN), Aegean Marine Petroleum Network (ANW), Paypal (PYPL) and Tesla (TSLA).

Who are NetGear's key executives?

NetGear's management team includes the folowing people:
  • Mr. C. S. Lo, Co-Founder, Chairman & CEO (Age 62)
  • Mr. Michael F. Falcon, Chief Operations Officer (Age 63)
  • 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)

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, Scottrade, Fidelity and Charles Schwab.

What is NetGear's stock price today?

One share of NTGR stock can currently be purchased for approximately $35.92.

How big of a company is NetGear?

NetGear has a market capitalization of $1.13 billion and generates $1.06 billion in revenue each year. The communications equipment provider earns $-2,630,000.00 in net income (profit) each year or $1.74 on an earnings per share basis. NetGear employs 1,008 workers across the globe.

What is NetGear's official website?

The official website for NetGear is http://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]


MarketBeat Community Rating for NetGear (NASDAQ NTGR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  289 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  645
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.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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