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

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

NetGear announced that its board has approved a share repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase 3,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

NetGear, Inc. (NASDAQ:NTGR) posted its quarterly earnings data on Wednesday, April, 25th. The communications equipment provider reported $0.62 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate 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%. NetGear's revenue was up 6.6% compared to the same quarter last year. During the same period in the previous 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 Monday, July, 23rd 2018. View Earnings Estimates for NetGear.

3 brokers have issued 1 year price targets for NetGear's shares. Their predictions range from $62.00 to $85.00. On average, they anticipate NetGear's stock price to reach $74.3333 in the next year. This suggests that the stock has a possible downside of 2.3%. View Analyst Ratings for NetGear.

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

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

Media stories about NTGR stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. NetGear earned a media sentiment score of 0.15 on Accern's scale. They also gave news headlines about the communications equipment provider an impact score of 46.03 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

NetGear's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.02%) and Contravisory Investment Management Inc. (0.01%). 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 bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Contravisory Investment Management 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 $76.05.

NetGear has a market capitalization of $2.40 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]