NETGEAR, Inc. engages in the provision of Internet connected products to consumers, businesses, and service providers. It operates through the following business segments: Arlo, Connected Home, and SMB. The Arlo segment offers internet-connected products for consumers and businesses that provide security and safety. The Connected Home segment focuses on consumers, and offers LTE and WiFi Internet networking solutions. The SMB segment caters to small and medium-sized businesses, and consists of business networking, storage and security solutions. The company was founded by Patrick C. S. Lo and Mark G. Merrill on January 8, 1996 and is headquartered in San Jose, CA.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:NTGR
CUSIP64111Q10
Phone408-907-8000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.33
Quick Ratio1.67
Price-To-Earnings
Trailing P/E Ratio30.17
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.41 billion
Price / Sales1.58
Cash Flow$3.3541 per share
Price / Cash20.87
Book Value$23.21 per share
Price / Book3.02
Profitability
EPS (Most Recent Fiscal Year)$2.32
Net Income$19.43 million
Net Margins-0.74%
Return on Equity9.97%
Return on Assets6.22%
Miscellaneous
Employees1,008
Outstanding Shares31,810,000
Market Cap$2.17 billion
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 of Directors has authorized 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 repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board believes its shares are undervalued.
How were NetGear's earnings last quarter?
NetGear, Inc. (NASDAQ:NTGR) announced its quarterly earnings data on Monday, July, 23rd. The communications equipment provider reported $0.57 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.06. The communications equipment provider had revenue of $366.80 million for the quarter, compared to the consensus estimate of $350.60 million. NetGear had a positive return on equity of 9.97% and a negative net margin of 0.74%. The company's quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 EPS. View NetGear's Earnings History.
When is NetGear's next earnings date?
What price target have analysts set for NTGR?
3 analysts have issued 1 year price targets for NetGear's stock. Their predictions range from $62.00 to $76.00. On average, they expect NetGear's share price to reach $67.6667 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for NetGear.
What is the consensus analysts' recommendation 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." View Analyst Ratings for NetGear.
Who are some of NetGear's key competitors?
Some companies that are related to NetGear include Ciena (CIEN), Plantronics (PLT), Avaya (AVYA), Telkom SA Ltd ADS Common Stock (TLKGY), Fabrinet (FN), Infinera (INFN), ADTRAN (ADTN), AudioCodes (AUDC), Clearfield (CLFD), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Westell Technologies (WSTL), Communications Systems (JCS), Zoom Telephonics (ZMTP) and Clearone (CLRO).
Who are NetGear's key executives?
NetGear's management team includes the folowing people:
- Patrick C. S. Lo, Chairman & Chief Executive Officer
- Michael F. Falcon, Chief Operations Officer
- Christine Marie Gorjanc, Chief Financial Officer
- Mark G. Merrill, Chief Technology Officer
- John P. McHugh, Senior VP & GM-Commercial Business Unit
Has NetGear been receiving favorable news coverage?
News articles about NTGR stock have trended somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NetGear earned a media and rumor sentiment score of 0.20 on Accern's scale. They also gave news articles about the communications equipment provider an impact score of 47.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for NetGear.
Who are NetGear's major shareholders?
NetGear's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (14.87%), BlackRock Inc. (14.36%), Dimensional Fund Advisors LP (7.99%), Bank of New York Mellon Corp (5.73%), First Trust Advisors LP (4.56%) and Glenmede Trust Co. NA (2.37%). 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.
Which institutional investors are selling NetGear stock?
NTGR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, LSV Asset Management, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Glenmede Trust Co. NA, SG Americas Securities LLC, Russell Investments Group Ltd. and Spark Investment Management LLC. 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, Patrick Cs Lo, Patrick J Collins III and Tamesa Rogers. View Insider Buying and Selling for NetGear.
Which institutional investors are buying NetGear stock?
NTGR stock was purchased by a variety of institutional investors in the last quarter, including BTIM Corp., Acadian Asset Management LLC, BlackRock Inc., Congress Asset Management Co. MA, WINTON GROUP Ltd, Canada Pension Plan Investment Board, First Trust Advisors LP and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for NetGear.
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 $70.00.
How big of a company is NetGear?
NetGear has a market capitalization of $2.17 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.
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)
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.
