NetApp Stock Analysis

NTAP
 Stock
  

USD 74.93  1.23  1.67%   

The recent indifference towards the small price fluctuations of NetApp Inc may encourage insiders to take a closer look at the firm as it is trading at a share price of 74.93 on 853,511 in trading volume. The company management teams did not add any value to NetApp Inc investors in July. However, most investors can still diversify their portfolios with NetApp Inc to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.95. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Additionally, see Stocks Correlation.
  
The NetApp stock analysis report makes it easy to digest most publicly released information about NetApp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. NetApp Stock analysis module also helps to analyze the NetApp price relationship with some important fundamental indicators such as market cap and management efficiency.

NetApp Stock Analysis Notes

About 94.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.46. NetApp Inc last dividend was issued on the 7th of July 2022. The entity had 2:1 split on the 23rd of March 2000. NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California. NetApp operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 12000 people. To find out more about NetApp Inc contact George Kurian at 408 822-6000 or learn more at www.netapp.com.

NetApp Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. NetApp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding NetApp Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 94.0% of the company shares are owned by institutional investors
On 27th of July 2022 NetApp paid $ 0.5 per share dividend to its current shareholders
Latest headline from uk.yahoo.com: Investing in NetApp five years ago would have delivered you a 100 percent gain - Yahoo Movies UK

NetApp Inc Upcoming and Recent Events

Earnings reports are used by NetApp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NetApp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report23rd of February 2022
Next Financial Report1st of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End1st of June 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

NetApp Largest EPS Surprises

Earnings surprises can significantly impact NetApp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2004-02-17
2004-01-310.10.110.0110 
2003-08-19
2003-07-310.070.080.0114 
2002-08-13
2002-07-310.040.050.0125 
View All Earnings Estimates

NetApp Thematic Classifications

In addition to having NetApp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
SRI Sustainable Growth
Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI
Computers
USA Equities from Computers industry as classified by Fama & French

NetApp Market Capitalization

The company currently falls under 'Large-Cap' category with current market capitalization of 15.8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NetApp's market, we take the total number of its shares issued and multiply it by NetApp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

NetApp Profitablity

NetApp's profitability indicators refer to fundamental financial ratios that showcase NetApp's ability to generate income relative to its revenue or operating costs. If, let's say, NetApp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, NetApp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of NetApp's profitability requires more research than a typical breakdown of NetApp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 14.83 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 21.59 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.22.
Last ReportedProjected for 2022
Return on Investment 34.07  37.51 
Return on Average Assets 9.67  9.64 
Return on Average Equity 123.05  147.66 
Return on Invested Capital 0.22  0.27 
Return on Sales 0.15  0.15 

Management Efficiency

The entity has return on total asset (ROA) of 7.76 % which means that it generated profit of $7.76 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 123.05 %, meaning that it created $123.05 on every $100 dollars invested by stockholders. NetApp management efficiency ratios could be used to measure how well netapp inc manages its routine affairs as well as how well it operates its assets and liabilities. NetApp Return on Investment is very stable at the moment as compared to the past year. NetApp reported last year Return on Investment of 34.07. As of 15th of August 2022, Return on Average Equity is likely to grow to 147.66, while Return on Average Assets are likely to drop 9.64. NetApp Total Liabilities is very stable at the moment as compared to the past year. NetApp reported last year Total Liabilities of 9.19 Billion. As of 15th of August 2022, Liabilities Non Current is likely to grow to about 2.9 B, while Current Liabilities is likely to drop about 3.9 B.
Last ReportedProjected for 2022
Book Value per Share 6.71  7.29 
Enterprise Value over EBIT 18.90  16.76 
Enterprise Value over EBITDA 14.49  12.66 
Price to Book Value 5.43  7.71 
Tangible Assets Book Value per Share 19.60  24.93 
Enterprise Value10 B10.4 B
Tangible Asset Value5.2 BB

Technical Drivers

As of the 15th of August 2022, NetApp secures the Downside Deviation of 2.19, risk adjusted performance of 0.048, and Mean Deviation of 1.59. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NetApp Inc, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for NetApp, which can be compared to its peers in the industry. Please verify NetApp Inc information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if NetApp Inc is priced some-what accurately, providing market reflects its recent price of 74.93 per share. Given that NetApp Inc has jensen alpha of (0.025085), we recommend you to check NetApp's last-minute market performance to make sure the company can sustain itself at a future point.

NetApp Inc Price Movement Analysis

The output start index for this execution was four with a total number of output elements of fifty-seven. The Simple Moving Average indicator is calculated by adding the closing price of NetApp for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out NetApp Inc short-term fluctuations and highlight longer-term trends or cycles.
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NetApp Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NetApp insiders, such as employees or executives, is commonly permitted as long as it does not rely on NetApp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NetApp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

NetApp Outstanding Bonds

NetApp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NetApp Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NetApp bonds can be classified according to their maturity, which is the date when NetApp Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

NetApp Technical and Predictive Indicators

NetApp Forecast Models

NetApp time-series forecasting models is one of many NetApp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NetApp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About NetApp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how NetApp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NetApp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as NetApp. By using and applying NetApp Stock analysis, traders can create a robust methodology for identifying NetApp entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 18.31  17.65 
EBITDA Margin 21.45  22.59 
Gross Margin 66.79  70.11 
Profit Margin 14.83  14.50 
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California. NetApp operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 12000 people.

Current NetApp Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NetApp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. NetApp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
97.69Buy16Odds
NetApp Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most NetApp analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand NetApp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NetApp Inc, talking to its executives and customers, or listening to NetApp conference calls.
NetApp Analyst Advice Details

NetApp Stock Analysis Indicators

NetApp Inc stock analysis indicators help investors evaluate how NetApp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NetApp shares will generate the highest return on investment. By understating and applying NetApp stock analysis, traders can identify NetApp position entry and exit signals to maximize returns.
Quick Ratio1.36
Trailing Annual Dividend Rate1.96
Fifty Two Week Low61.26
Revenue Growth8.00%
Payout Ratio48.90%
Average Daily Volume Last 10 Day953.53k
Shares Short Prior Month5.24M
Average Daily Volume In Three Month1.71M
Earnings Growth-22.20%
Shares Percent Shares Out2.50%
Earnings Quarterly Growth-22.50%
Gross Margins66.79%
Forward Price Earnings11.73
Short Percent Of Float3.92%
Float Shares220.46M
Fifty Two Week High96.82
Fifty Day Average67.94
Enterprise Value To Ebitda10.69
Two Hundred Day Average80.59
Enterprise Value To Revenue2.31
Trailing Annual Dividend Yield2.70%
Additionally, see Stocks Correlation. Note that the NetApp Inc information on this page should be used as a complementary analysis to other NetApp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running NetApp Inc price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.
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Is NetApp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetApp. If investors know NetApp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetApp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.22
Market Capitalization
16.5 B
Quarterly Revenue Growth YOY
0.08
Return On Assets
0.0776
Return On Equity
1.23
The market value of NetApp Inc is measured differently than its book value, which is the value of NetApp that is recorded on the company's balance sheet. Investors also form their own opinion of NetApp's value that differs from its market value or its book value, called intrinsic value, which is NetApp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetApp's market value can be influenced by many factors that don't directly affect NetApp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine NetApp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.