NetApp Inc (NTAP)

NTAP (NASDAQ:Computer Hardware) EQUITY
$30.96
neg -1.01
-3.14%
Today's Range: 30.80 - 31.28 | NTAP Avg Daily Volume: 4,027,200
Last Update: 09/01/15 - 4:00 PM EDT
Volume: 4,455,315
YTD Performance: -22.90%
Open: $31.07
Previous Close: $31.96
52 Week Range: $28.88 - $43.75
Oustanding Shares: 304,979,186
Market Cap: 9,488,610,516
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 3 3 3 3
Moderate Buy 1 1 1 0
Hold 18 18 17 18
Moderate Sell 1 1 1 1
Strong Sell 3 3 4 4
Mean Rec. 2.97 2.97 3.05 3.09
Latest Dividend: 0.18
Latest Dividend Yield: 2.28%
Dividend Ex-Date: 10/07/15
Price Earnings Ratio: 22.91
Price Earnings Comparisons:
NTAP Sector Avg. S&P 500
22.91 22.80 25.39
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-4.31% -24.19% -7.42%
GROWTH 12 Mo 3 Yr CAGR
Revenue -3.20 -0.02 -0.01
Net Income -12.20 -0.08 -0.03
EPS -4.70 0.07 0.02
Earnings for NTAP:
EBITDA 1.03B
Revenue 6.12B
Average Earnings Estimates
Qtr (10/15) Qtr (01/16) FY (04/16) FY (04/17)
Average Estimate $0.40 $0.48 $1.51 $1.91
Number of Analysts 5 6 7 7
High Estimate $0.43 $0.53 $1.69 $2.15
Low Estimate $0.37 $0.37 $1.23 $1.73
Prior Year $0.52 $0.60 $2.06 $1.51
Growth Rate (Year over Year) -23.46% -20.28% -26.63% 26.47%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
By

Timothy Collins

 | Aug 24, 2015 | 11:49 AM EDT

It had a false breakout last week before falling 10%. 

By

David Peltier

 | Aug 19, 2015 | 4:51 PM EDT

Utility stocks manage to buck the trend.

By

Bret Jensen

 | Jul 15, 2015 | 11:49 AM EDT
The market is posting slight gains as European markets head to a close. Not much reaction so far to Fed chief Janet Yellen's testimony before Congress today. Biotech continues to move higher, almost touching all-time highs on a daily basis recently.

bullishNetApp upgraded at Pacific Crest

Jul 15, 2015 | 7:22 AM EDT

NTAP was upgraded from Underweight to Sector Weight, Pacific Crest said. Valuation call, based on a $29 price target. 

bullishNetApp upgraded at RBC

Jun 10, 2015 | 6:51 AM EDT

NTAP was upgraded from Sector Perform to Outperform, RBC Capital said. $38 price target. New CEO can help unlock shareholder value. 

bearishNetApp downgraded at Argus

May 22, 2015 | 7:44 AM EDT

NTAP was downgraded from Buy to Hold, Argus said. Core branded business is deteriorating. 

 

By

David Peltier

 | May 21, 2015 | 4:36 PM EDT

Stocks trade in narrow range as oil keeps climbing.

bearishNetApp downgraded at JP Morgan

May 21, 2015 | 7:15 AM EDT

NTAP was downgraded to Underweight from Neutral, JP Morgan said. $29 price target. The company guided FQ1 revenues that were 10.9% below JP Morgan's numbers and then proceeded to indicate that revenue for all of FY2016 would be flat "at best" year-over-year. According to NetApp, all of this trouble is due to slow customer adoption of Cluster ONTAP due to the need for both process changes and new equipment.

bearishNetApp downgraded at Cantor Fitzgerald

May 21, 2015 | 7:10 AM EDT

NTAP was downgraded to Hold from Buy, Cantor Fitzgerald said. $35 price target. The combination of secular challenges and execution/transition issues leaves NTAP vulnerable to customer retention issues and market share losses in a very competitive storage market.

By

David Peltier

 | May 20, 2015 | 4:44 PM EDT

Meeting minutes have little impact on a flat day.

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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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