NASDAQ:NTGR - NetGear Stock Price, Forecast & News

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

NetGear, Inc. (NASDAQ:NTGR) released its quarterly earnings results on Wednesday, October, 23rd. The communications equipment provider reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.27. The communications equipment provider had revenue of $265.90 million for the quarter, compared to analyst estimates of $272.22 million. NetGear had a return on equity of 7.48% and a net margin of 1.28%. The business's revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the company posted $0.76 earnings per share. View NetGear's Earnings History.

NetGear is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for NetGear.

NetGear will be holding an earnings conference call on Wednesday, February 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 Wall Street analysts have issued twelve-month price targets for NetGear's stock. Their forecasts range from $28.00 to $45.00. On average, they expect NetGear's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 44.5% from the stock's current price. View Analyst Price Targets for 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.

Media stories about NTGR stock have trended very positive recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of 3.9 on InfoTrie's scale. They also assigned news coverage about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for NetGear.

NetGear saw a decrease in short interest in December. As of December 13th, there was short interest totalling 2,650,000 shares, a decrease of 6.4% from the November 28th total of 2,830,000 shares. Based on an average daily trading volume, of 370,100 shares, the short-interest ratio is presently 7.2 days. Approximately 9.2% of the shares of the stock are short sold. View NetGear's Current Options Chain.

Some companies that are related to NetGear include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR) and Comtech Telecomm. (CMTL).

Based on aggregate information from My MarketBeat watchlists, some companies that other NetGear investors own include CA (CA), NVIDIA (NVDA), BlackRock (BLK), Micron Technology (MU), Arlo Technologies (ARLO), Chipotle Mexican Grill (CMG), Advanced Micro Devices (AMD), Cisco Systems (CSCO), QUALCOMM (QCOM) and Tesla (TSLA).

NetGear's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (1.98%), State of Alaska Department of Revenue (0.08%) and Louisiana State Employees Retirement System (0.03%). 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, Patrick J Collins III and Tamesa Rogers. View Institutional Ownership Trends for NetGear.

NTGR stock was sold by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have sold NetGear company stock in the last year include Andrew Wonki Kim, Barbara Vaughn Scherer, David John Henry, Gregory J Rossman, Heidi Cormack, Jef Graham, Michael A Werdann, Murray Bryan, Patrick Cs Lo and Tamesa Rogers. 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, Robinhood, Fidelity and Charles Schwab.

One share of NTGR stock can currently be purchased for approximately $26.99.

NetGear has a market capitalization of $813.75 million and generates $1.06 billion in revenue each year. The communications equipment provider earns $-9,160,000.00 in net income (profit) each year or $1.74 on an earnings per share basis. NetGear employs 828 workers across the globe.View Additional Information About NetGear.

The official website for NetGear is http://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]