NetGear Stock Price, News & Analysis (NASDAQ:NTGR)

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

NetGear, Inc. (NASDAQ:NTGR) issued its quarterly earnings results on Wednesday, July, 24th. The communications equipment provider reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.14. The communications equipment provider had revenue of $230.85 million for the quarter, compared to analysts' expectations of $224.35 million. NetGear had a net margin of 0.91% and a return on equity of 7.26%. The firm's quarterly revenue was down 9.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.29 EPS. View NetGear's Earnings History.

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

NetGear updated its third quarter 2019 earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $265-280 million, compared to the consensus revenue estimate of $267.11 million.

2 Wall Street analysts have issued 12 month target prices for NetGear's stock. Their predictions range from $28.00 to $44.00. On average, they anticipate NetGear's share price to reach $36.00 in the next year. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for NetGear.

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

Media headlines about NTGR stock have been trending negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NetGear earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned press coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for NetGear.

NetGear saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 3,080,000 shares, an increase of 10.8% from the August 15th total of 2,780,000 shares. Based on an average trading volume of 374,000 shares, the days-to-cover ratio is currently 8.2 days. Currently, 10.3% of the company's stock are sold short. View NetGear's Current Options Chain.

Some companies that are related to NetGear include Telkom SA Ltd ADS (TLKGY), Fabrinet (FN), Avaya (AVYA), Plantronics (PLT), Infinera (INFN), AudioCodes (AUDC), ADTRAN (ADTN), Akoustis Technologies (AKTS), Clearfield (CLFD), DASAN Zhone Solutions (DZSI), Sonim Technologies (SONM), Communications Systems (JCS), Clearone (CLRO), AltiGen Communications (ATGN) and Franklin Wireless (FKWL).

Based on aggregate information from My MarketBeat watchlists, some companies that other NetGear investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Endologix (ELGX), Arlo Technologies (ARLO), Micron Technology (MU), Tesla (TSLA), Accenture (ACN) and Aegean Marine Petroleum Network (ANW).

NetGear's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.08%). Company insiders that own NetGear stock include Andrew Wonki Kim, Barbara Vaughn Scherer, David John Henry, Gregory J Rossman, Heidi Cormack, Jef Graham, Mark G Merrill, 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $31.23.

NetGear has a market capitalization of $971.57 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]