Financhill
Buy
56

NTAP Quote, Financials, Valuation and Earnings

Last price:
$116.25
Seasonality move :
1.7%
Day range:
$115.62 - $118.13
52-week range:
$83.80 - $135.45
Dividend yield:
1.74%
P/E ratio:
21.71x
P/S ratio:
3.86x
P/B ratio:
26.92x
Volume:
1.1M
Avg. volume:
1.8M
1-year change:
37.35%
Market cap:
$24B
Revenue:
$6.3B
EPS (TTM):
$5.44

Analysts' Opinion

  • Consensus Rating
    NetApp has received a consensus rating of Hold. The company's average rating is a Hold based on 5 Buy ratings, 12 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $138.88, NetApp has an estimated upside of 17.61% from its current price of $118.09.
  • Price Target Downside
    According to analysts, the lowest downside price target is $116.00 representing 100% downside risk from its current price of $118.09.

Fair Value

  • According to the consensus of 17 analysts, NetApp has 17.61% upside to fair value with a price target of $138.88 per share.

NTAP vs. S&P 500

  • Over the past 5 trading days, NetApp has overperformed the S&P 500 by 2.6% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • NetApp does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • NetApp has grown year-over-year revenues for 4 quarters straight. In the most recent quarter NetApp reported revenues of $1.7B.

Earnings Growth

  • NetApp has grown year-over-year earnings for 4 quarters straight. In the most recent quarter NetApp reported earnings per share of $1.42.
Enterprise value:
23.8B
EV / Invested capital:
8.24x
Price / LTM sales:
3.86x
EV / EBIT:
16.01x
EV / Revenue:
3.67x
PEG ratio (5yr expected):
0.31x
EV / Free cash flow:
17.29x
Price / Operating cash flow:
18.16x
Enterprise value / EBITDA:
13.68x
Gross Profit (TTM):
$4.6B
Return On Assets:
12.34%
Net Income Margin (TTM):
17.78%
Return On Equity:
121.65%
Return On Invested Capital:
35.33%
Operating Margin:
21.59%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-10-31 2023-10-31 2024-10-31 2023-10-31 2024-10-31
Income Statement
Revenue $6.5B $6.1B $6.5B $1.6B $1.7B
Gross Profit $4.3B $4.2B $4.6B $1.1B $1.2B
Operating Income $1.2B $1.1B $1.4B $312M $358M
EBITDA $1.4B $1.3B $1.7B $394M $438M
Diluted EPS $6.61 $3.22 $5.44 $1.10 $1.42
Period Ending 2020-10-31 2021-10-31 2022-10-31 2023-10-31 2024-10-31
Balance Sheet
Current Assets $4.8B $5.7B $4.6B $4B $3.9B
Total Assets $8.4B $9.2B $9.8B $9.1B $9B
Current Liabilities $2.9B $3.2B $3.4B $3.7B $4.3B
Total Liabilities $8.1B $8.5B $8.6B $8.3B $8.1B
Total Equity $370M $759M $1.2B $770M $892M
Total Debt $2.6B $2.6B $2.4B $2.4B $2B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-10-31 2023-10-31 2024-10-31 2023-10-31 2024-10-31
Cash Flow Statement
Cash Flow Operations $1.2B $1.2B $1.5B $135M $105M
Cash From Investing -$1.4B -$475M -$221M $227M $564M
Cash From Financing -$1.5B -$1.5B -$1.8B -$421M -$842M
Free Cash Flow $895M $1B $1.4B $97M $60M
NTAP
Sector
Market Cap
$24B
$118.9M
Price % of 52-Week High
87.19%
67.86%
Dividend Yield
1.74%
0%
Shareholder Yield
5.95%
0.91%
1-Year Price Total Return
37.35%
-5.54%
Beta (5-Year)
1.237
0.919
Dividend yield:
1.74%
Annualized payout:
$2.00
Payout ratio:
36.49%
Growth streak:
0 years

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Technicals

8-day SMA
Buy
Level $116.96
200-day SMA
Sell
Level $119.29
Bollinger Bands (100)
Sell
Level 117.29 - 127.17
Chaikin Money Flow
Buy
Level 845.7M
20-day SMA
Sell
Level $119.11
Relative Strength Index (RSI14)
Sell
Level 46.07
ADX Line
Sell
Level 29.18
Williams %R
Neutral
Level -60.5103
50-day SMA
Sell
Level $121.02
MACD (12, 26)
Sell
Level -1.56
25-day Aroon Oscillator
Sell
Level -60
On Balance Volume
Neutral
Level 941.7M

Financial Scores

Hold
Altman Z-Score (Annual)
Level (2.6503)
Sell
CA Score (Annual)
Level (-1.367)
Buy
Beneish M-Score (Annual)
Level (-2.862)
Buy
Momentum Score
Level (8)
Sell
Ohlson Score
Level (1.5999)
Buy
Piotroski F Score (Annual)
Level (6)
Buy
Quality Ratio Score
Level (6)
Buy
Fundamental Score
Level (8)

Revenue Forecast

Earnings per Share Forecast

Company Profile

NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

Stock Forecast FAQ

In the current month, NTAP has received 5 Buy ratings 12 Hold ratings, and 0 Sell ratings. The NTAP average analyst price target in the past 3 months is $138.88.

  • Where Will NetApp Stock Be In 1 Year?

    According to analysts, the consensus estimate is that NetApp share price will rise to $138.88 per share over the next 12 months.

  • What Do Analysts Say About NetApp?

    Analysts are divided on their view about NetApp share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that NetApp is a Sell and believe this share price will drop from its current level to $116.00.

  • What Is NetApp's Price Target?

    The price target for NetApp over the next 1-year time period is forecast to be $138.88 according to 17 Wall Street analysts, 5 of them rate the stock a Buy, 0 rate the stock a Sell, and 12 analysts rate the stock a Hold.

  • Is NTAP A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for NetApp is a Hold. 12 of 17 analysts rate the stock a Hold at this time.

  • How Can I Buy Shares Of NTAP?

    You can purchase shares of NetApp via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase NetApp shares.

  • What Is The NetApp Share Price Today?

    NetApp was last trading at $116.25 per share. This represents the most recent stock quote for NetApp. Yesterday, NetApp closed at $118.09 per share.

  • How To Buy NetApp Stock Online?

    In order to purchase NetApp stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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