NASDAQ:NTGR - NetGear Stock Price, Forecast & News

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

NetGear, Inc. (NASDAQ:NTGR) announced its earnings results on Wednesday, February, 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.05. The communications equipment provider had revenue of $252.97 million for the quarter, compared to analyst estimates of $245.79 million. NetGear had a return on equity of 4.88% and a net margin of 2.58%. The business's revenue was down 12.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. View NetGear's Earnings History.

NetGear is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for NetGear.

NetGear issued an update on its first quarter 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $205-220 million, compared to the consensus revenue estimate of $233.84 million.

3 analysts have issued twelve-month price targets for NetGear's shares. Their forecasts range from $27.50 to $44.00. On average, they expect NetGear's share price to reach $33.17 in the next twelve months. This suggests a possible upside of 49.1% 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NetGear.

News coverage about NTGR stock has trended negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. NetGear earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news articles about the communications equipment provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near term. View News Stories for NetGear.

NetGear saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,910,000 shares, an increase of 10.6% from the January 15th total of 2,630,000 shares. Based on an average trading volume of 336,900 shares, the days-to-cover ratio is currently 8.6 days. Currently, 10.0% of the shares of the company 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), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR) and Harmonic (HLIT).

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 a number of of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (6.67%), Victory Capital Management Inc. (6.61%), FMR LLC (5.14%), Bank of New York Mellon Corp (3.60%), State Street Corp (3.26%) and Investment Counselors of Maryland LLC (3.21%). 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 and Tamesa Rogers. View Institutional Ownership Trends for NetGear.

NTGR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Rothschild & Co. Asset Management US Inc., Bank of New York Mellon Corp, Sei Investments Co., Goldman Sachs Group Inc., Bank of America Corp DE, Cubist Systematic Strategies LLC and Arizona State Retirement System. 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.

NTGR stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Investment Counselors of Maryland LLC, Jacobs Levy Equity Management Inc., Russell Investments Group Ltd., Barrow Hanley Mewhinney & Strauss LLC, Public Sector Pension Investment Board and Dynamic Technology Lab Private Ltd. 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 $22.24.

NetGear has a market capitalization of $655.06 million and generates $998.76 million in revenue each year. The communications equipment provider earns $25.79 million in net income (profit) each year or $0.81 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]