NetApp Inc (NTAP)

NTAP (NASDAQ:Computer Hardware) EQUITY
$35.82
pos +1.09
+3.14%
Today's Range: 34.92 - 35.94 | NTAP Avg Daily Volume: 2,982,000
Last Update: 09/30/16 - 4:14 PM EDT
Volume: 4,488,220
YTD Performance: 35.02%
Open: $35.16
Previous Close: $34.73
52 Week Range: $20.66 - $34.81
Oustanding Shares: 278,667,894
Market Cap: 9,678,135,959
6-Month Chart
TheStreet Ratings Grade for NTAP
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 2 2 2 2
Moderate Buy 0 0 0 0
Hold 16 18 17 17
Moderate Sell 1 1 1 1
Strong Sell 7 6 6 7
Mean Rec. 3.42 3.33 3.35 3.41
Latest Dividend: 0.19
Latest Dividend Yield: 2.19%
Dividend Ex-Date: 10/05/16
Price Earnings Ratio: 31.29
Price Earnings Comparisons:
NTAP Sector Avg. S&P 500
31.29 31.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
45.67% 21.01% -15.96%
GROWTH 12 Mo 3 Yr CAGR
Revenue -9.40 -0.10 -0.04
Net Income -59.10 -0.60 -0.23
EPS -56.00 -0.40 -0.18
Earnings for NTAP:
EBITDA 0.69B
Revenue 5.55B
Average Earnings Estimates
Qtr (10/16) Qtr (01/17) FY (04/17) FY (04/18)
Average Estimate $0.38 $0.44 $1.62 $1.79
Number of Analysts 13 7 7 7
High Estimate $0.41 $0.51 $1.78 $2.20
Low Estimate $0.33 $0.36 $1.42 $1.35
Prior Year $0.45 $0.52 $1.39 $1.62
Growth Rate (Year over Year) -15.56% -16.21% 16.86% 10.03%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

bearishNetApp downgraded at Deutsche

Sep 26, 2016 | 7:15 AM EDT
NTAP was downgraded from Hold to Sell, Deutsche Bank said. $25 price target. Valuation call, as the stock is up 45% over the past three months.
By

Bruce Kamich

 | Sep 1, 2016 | 12:36 PM EDT
Cutting down the 7 best S&P 500 stocks in August to a field of 2.

bullishNetApp upgraded at Goldman

Aug 24, 2016 | 7:23 AM EDT
NTAP was upgraded from Sell to Neutral, Goldman Sachs said. $32 price target. Valuation call, as revenue appears to be stabilizing.

bullishNetApp upgraded at JP Morgan

Aug 18, 2016 | 7:15 AM EDT
NTAP was upgraded from Underweight to Neutral, JP Morgan said. $31 price target. Company is expanding its installed base and converting customers to cDOT.

bearishNetApp downgraded at Sterne Agee

Apr 18, 2016 | 7:27 AM EDT

NTAP was downgraded to Underperform, Sterne Agee CRT said. $22 price target. Survey suggests lower end-market demand. 

bearishNetApp downgraded at RBC

Dec 22, 2015 | 7:12 AM EST

NTAP was downgraded from Outperform to Sector Perform, RBC Capital said. $28 price target. SolidFire deal will dilute earnings. 

By

Bruce Kamich

 | Dec 21, 2015 | 2:45 PM EST

The momentum study has a small bullish divergence versus prices, but with the lack of upside volume we can't get bullish.

bearishNetApp rated new Underperform at JMP

Dec 16, 2015 | 6:39 AM EST

NTAP was initiated with an Underperform rating, JMP Securities said. $24 price target. Industry headwinds and increased competition will likely continue to pressure sales. 

By

Bruce Kamich

 | Nov 10, 2015 | 3:15 PM EST

Traders should look to buy weakness closer to $32 and then use a sell-stop at $30.

By

Timothy Collins

 | Oct 27, 2015 | 10:30 AM EDT

The bearish thesis is based almost entirely on the daily chart.

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TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

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