Netapp, Inc. (NTAP)

$126.68

+3.23

(+2.62%)

Market is closed - opens 8 PM, 22 Nov 2024

Performance

  • $123.81
    $127.98
    $126.68
    downward going graph

    2.27%

    Downside

    Day's Volatility :3.26%

    Upside

    1.02%

    downward going graph
  • $77.56
    $135.01
    $126.68
    downward going graph

    38.77%

    Downside

    52 Weeks Volatility :42.55%

    Upside

    6.17%

    downward going graph

Returns

PeriodNetapp, Inc.Sector (Technology)S&P500
3 Months
-3.76%
5.9%
6.8%
6 Months
11.02%
8.5%
12.1%
1 Year
62.43%
26.4%
30.6%
3 Years
46.98%
37.8%
27.0%

Highlights

Market Capitalization
25.9B
Book Value
$4.53
Dividend Share
2.02
Dividend Yield
1.68%
Earnings Per Share (EPS)
5.11
PE Ratio
24.79
PEG Ratio
1.94
Wall Street Target Price
132.387
Profit Margin
17.01%
Operating Margin TTM
19.47%
Return On Assets TTM
9.16%
Return On Equity TTM
120.42%
Revenue TTM
6.4B
Revenue Per Share TTM
30.88
Quarterly Revenue Growth YOY
7.6%
Gross Profit TTM
4.2B
EBITDA
1.6B
Diluted Eps TTM
5.11
Quarterly Earnings Growth YOY
0.7
EPS Estimate Current Year
6.46
EPS Estimate Next Year
6.74
EPS Estimate Current Quarter
1.45
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Hold
    37%Buy
    55%Hold
    7%Sell
Based on 27 Wall street analysts offering stock ratings for Netapp, Inc.(by analysts ranked 0 to 5 stars)
Based on 27 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
10
10
9
Hold
15
14
15
Sell
2
2
2

Analyst Forecast

What analysts predicted

Upside of 4.5%

Current $126.68
Target $132.39

Company Financials

FY19Y/Y Change
Revenue
6.1B
↑ 3.98%
Net Income
1.2B
↑ 1438.16%
Net Profit Margin
19.02%
↑ 17.73%
FY20Y/Y Change
Revenue
5.4B
↓ 11.94%
Net Income
819.0M
↓ 29.94%
Net Profit Margin
15.13%
↓ 3.89%
FY21Y/Y Change
Revenue
5.7B
↑ 6.13%
Net Income
730.0M
↓ 10.87%
Net Profit Margin
12.71%
↓ 2.42%
FY22Y/Y Change
Revenue
6.3B
↑ 9.99%
Net Income
937.0M
↑ 28.36%
Net Profit Margin
14.83%
↑ 2.12%
FY23Y/Y Change
Revenue
6.4B
↑ 0.7%
Net Income
1.3B
↑ 35.97%
Net Profit Margin
20.03%
↑ 5.2%
FY24Y/Y Change
Revenue
6.3B
↓ 1.48%
Net Income
986.0M
↓ 22.61%
Net Profit Margin
15.73%
↓ 4.3%
Q2 FY23Q/Q Change
Revenue
1.6B
↑ 3.6%
Net Income
245.0M
↑ 276.92%
Net Profit Margin
15.5%
↑ 11.24%
Q3 FY23Q/Q Change
Revenue
1.4B
↓ 9.42%
Net Income
149.0M
↓ 39.18%
Net Profit Margin
10.41%
↓ 5.09%
Q4 FY23Q/Q Change
Revenue
1.6B
↑ 9.08%
Net Income
233.0M
↑ 56.38%
Net Profit Margin
14.92%
↑ 4.51%
Q1 FY24Q/Q Change
Revenue
1.6B
↑ 2.82%
Net Income
313.0M
↑ 34.33%
Net Profit Margin
19.49%
↑ 4.57%
Q2 FY24Q/Q Change
Revenue
1.7B
↑ 3.8%
Net Income
291.0M
↓ 7.03%
Net Profit Margin
17.46%
↓ 2.03%
Q3 FY24Q/Q Change
Revenue
1.5B
↓ 7.56%
Net Income
248.0M
↓ 14.78%
Net Profit Margin
16.09%
↓ 1.37%
FY19Y/Y Change
Total Assets
8.7B
↓ 11.39%
Total Liabilities
7.7B
↓ 1.89%
FY20Y/Y Change
Total Assets
7.5B
↓ 13.95%
Total Liabilities
7.3B
↓ 4.85%
FY21Y/Y Change
Total Assets
9.4B
↑ 24.43%
Total Liabilities
8.7B
↑ 19.16%
FY22Y/Y Change
Total Assets
10.0B
↑ 7.12%
Total Liabilities
9.2B
↑ 5.91%
FY23Y/Y Change
Total Assets
9.8B
↓ 2.07%
Total Liabilities
8.7B
↓ 5.76%
FY24Y/Y Change
Total Assets
9.9B
↑ 0.7%
Total Liabilities
8.7B
↑ 0.95%
Q2 FY23Q/Q Change
Total Assets
9.8B
↑ 1.11%
Total Liabilities
8.7B
↑ 0.59%
Q3 FY23Q/Q Change
Total Assets
9.3B
↓ 5.58%
Total Liabilities
8.4B
↓ 3.03%
Q4 FY23Q/Q Change
Total Assets
9.1B
↓ 2.13%
Total Liabilities
8.3B
↓ 1.12%
Q1 FY24Q/Q Change
Total Assets
9.4B
↑ 3.26%
Total Liabilities
8.4B
↑ 0.87%
Q2 FY24Q/Q Change
Total Assets
9.9B
↑ 5.53%
Total Liabilities
8.7B
↑ 4.37%
Q3 FY24Q/Q Change
Total Assets
9.3B
↓ 5.83%
Total Liabilities
8.4B
↓ 4.11%
FY19Y/Y Change
Operating Cash Flow
1.3B
↓ 9.27%
Investing Cash Flow
704.0M
↓ 3452.38%
Financing Cash Flow
-2.6B
↑ 166.84%
FY20Y/Y Change
Operating Cash Flow
1.1B
↓ 20.95%
Investing Cash Flow
1.3B
↑ 80.26%
Financing Cash Flow
-2.0B
↓ 25.5%
FY21Y/Y Change
Operating Cash Flow
1.3B
↑ 25.75%
Investing Cash Flow
21.0M
↓ 98.35%
Financing Cash Flow
444.0M
↓ 122.65%
FY22Y/Y Change
Operating Cash Flow
1.2B
↓ 9.15%
Investing Cash Flow
-561.0M
↓ 2771.43%
Financing Cash Flow
-1.0B
↓ 329.05%
FY23Y/Y Change
Operating Cash Flow
1.1B
↓ 8.59%
Investing Cash Flow
-1.4B
↑ 147.77%
Financing Cash Flow
-1.5B
↑ 48.77%
Q2 FY23Q/Q Change
Operating Cash Flow
235.0M
↓ 37.67%
Investing Cash Flow
-285.0M
↑ 50.79%
Financing Cash Flow
-269.0M
↑ 1.51%
Q3 FY23Q/Q Change
Operating Cash Flow
453.0M
↑ 92.77%
Investing Cash Flow
-228.0M
↓ 20.0%
Financing Cash Flow
-521.0M
↑ 93.68%

Technicals Summary

Sell

Neutral

Buy

Netapp, Inc. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Netapp, Inc.
Netapp, Inc.
5.79%
11.02%
62.43%
46.98%
106.89%
Hp Inc.
Hp Inc.
4.64%
14.84%
32.27%
18.73%
90.12%
Arista Networks, Inc.
Arista Networks, Inc.
2.12%
27.95%
86.03%
215.99%
732.89%
Dell Technologies Inc. - Class C Shares
Dell Technologies Inc. - Class C Shares
15.38%
-6.0%
86.02%
151.99%
411.06%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Netapp, Inc.
Netapp, Inc.
24.79
24.79
1.94
6.46
1.2
0.09
0.02
4.53
Hp Inc.
Hp Inc.
12.87
12.87
4.01
3.38
0.0
0.07
0.03
-1.44
Arista Networks, Inc.
Arista Networks, Inc.
47.41
47.41
2.24
8.77
0.34
0.16
NA
29.37
Dell Technologies Inc. - Class C Shares
Dell Technologies Inc. - Class C Shares
24.29
24.29
0.72
6.66
0.44
0.04
0.01
-4.11
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Netapp, Inc.
Netapp, Inc.
Hold
$25.9B
106.89%
24.79
17.01%
Hp Inc.
Hp Inc.
Buy
$35.3B
90.12%
12.87
5.33%
Arista Networks, Inc.
Arista Networks, Inc.
Buy
$121.6B
732.89%
47.41
40.29%
Dell Technologies Inc. - Class C Shares
Dell Technologies Inc. - Class C Shares
Buy
$92.4B
411.06%
24.29
4.33%

Insights on Netapp, Inc.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 1.66B → 1.54B (in $), with an average decrease of 7.6% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 3 quarters, 313.0M → 248.0M (in $), with an average decrease of 10.9% per quarter

  • Vs ANET

    In the last 1 year, Arista Networks, Inc. has given 86.0% return, outperforming this stock by 23.6%

  • Vs ANET

    In the last 3 years, Arista Networks, Inc. has given 216.0% return, outperforming this stock by 169.0%

Institutional Holdings

  • Vanguard Group Inc

    12.70%
  • BlackRock Inc

    10.36%
  • PRIMECAP Management Company

    6.56%
  • State Street Corp

    4.91%
  • Morgan Stanley - Brokerage Accounts

    3.01%
  • Geode Capital Management, LLC

    2.70%

Corporate Announcements

  • Netapp, Inc. Dividends March,2024

    In the quarter ending March,2024. Netapp, Inc. has declared dividend of $0.50

    Read More

Company Information

NetApp, Inc. is a data storage and management technology company that develops products like StorageGRID, NetApp HCI, Azure Enterprise NFS Service, Elio, Active IQ and SolidFire Element OS 10 Cloud data services, data storage software, data backup, and recovery, all-flash storage, converged systems, data infrastructure management, ONTAP data security, and hybrid-flash storage are some of its services. David Hitz, James K. Lau, and Michael Malcolm established the Sunnyvale, California-based corporation in April 1992. NetApp, previously Network Appliance Inc., is a data storage and management hardware and software firm. Businesses and service providers utilise NetApp storage solutions to store and transport enormous digital data across physical and hybrid cloud environments. NetApp offers all-flash and hybrid storage systems for block, file, and object storage. NetApp storage devices support VMware vSphere for virtual workloads and interface with popular public cloud service providers. T Businesses and service providers use NetApp storage systems to store and transport massive amounts of digital data across physical and hybrid cloud environments.NetApp offers all-flash and hybrid storage solutions for block, file, and object storage.NetApp ensures that mission-critical data is always accessible. Because synchronous replication is built into our DNA, we don't need to allocate new workloads to pods to replicate a new dataset.NetApp recovery times are measured in seconds at the petabyte scale.NetApp is the enterprise's fastest-growing SAN storage vendor: NetApp's exceptional performance will help you speed your SAN solutions. Use the best cloud-connected infrastructure to transfer and secure your data across your hybrid cloud environment. NetApp has a great culture and great people in general. Under the current CEO and management team, the company's financials have improved, and they are attempting to position the company for the future. Compensation and benefits are competitive, and there is a significant annual bonus depending on company success. For organisations, ONTAP optimises AWS, allowing them to achieve more in the cloud. Meet cloud needs like primary file storage for SaaS apps, data lift-and-shift migrations, enterprise-grade file sharing, disaster recovery, and cloud workload optimization. Currently Netapp, Inc. has a market cap of $24.41 Billion. It has a P.E ratio of 24.76. The shares of Netapp, Inc. are trading at $126.68. .

Organization
Netapp, Inc.
Employees
11800
CEO
Mr. George Kurian
Industry
Electronic Technology

FAQs