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

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

NetGear announced that its board has authorized a stock repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase 3,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

NetGear, Inc. (NASDAQ:NTGR) released its earnings results 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 net margin of 0.63% and a return on equity of 9.63%. The business's revenue was up 6.6% compared to the same quarter last year. During the same period last year, the firm earned $0.64 earnings per share. View NetGear's Earnings History.

NetGear is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for NetGear.

3 analysts have issued twelve-month price targets for NetGear's stock. Their predictions range from $62.00 to $76.00. On average, they expect NetGear's stock price to reach $71.00 in the next twelve months. View Analyst Ratings for NetGear.

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

Media coverage about NTGR stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NetGear earned a daily sentiment score of 0.18 on Accern's scale. They also gave headlines about the communications equipment provider an impact score of 47.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect 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 shareholders include BlackRock Inc. (13.73%), Dimensional Fund Advisors LP (8.43%), LSV Asset Management (2.59%), Northern Trust Corp (2.41%), Rothschild Asset Management Inc. (1.92%) and Wells Fargo & Company MN (1.89%). 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 Silvercrest Asset Management Group LLC, Park West Asset Management LLC, LSV Asset Management, Wells Fargo & Company MN, Nuveen Asset Management LLC, Dimensional Fund Advisors LP, Allianz Asset Management GmbH and Allianz Asset Management GmbH. 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 purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., UBS Group AG, Spark Investment Management LLC, Federated Investors Inc. PA, SG Americas Securities LLC, Russell Investments Group Ltd. and Prudential Financial 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 $67.10.

NetGear has a market capitalization of $2.10 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]