NTAP

NetApp, Inc. [NTAP] Stock Forecast

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RSI : 000

NTAP Stock Summary

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NTAP


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In the News

04:06 16 Apr 2024 NTAP

Under the Radar: 3 Little-Known Stocks That Are Beating the Market in 2024

The first quarter of 2024 is in the books, and it was a good one. The benchmark S&P 500 index rose 11% to start the year, its best start since 2019 — before anyone had heard of Covid-19.

01:01 16 Apr 2024 NTAP

NetApp (NTAP) Is Up 2.33% in One Week: What You Should Know

Does NetApp (NTAP) have what it takes to be a top stock pick for momentum investors? Let's find out.

09:56 16 Apr 2024 NTAP

5 Solid Dividend Growth Stocks to Buy

NetApp (NTAP), Installed Building (IBP), Ralph Lauren (RL), Applied Materials (AMAT), and Cardinal Health (CAH) could outperform the market this year.

09:41 16 Apr 2024 NTAP

NetApp (NTAP) & NVIDIA to Advance RAG for AI Applications

NetApp (NTAP) collaborates with NVIDIA to allow customers to "talk to their data" and obtain proprietary business insights.

07:21 16 Apr 2024 NTAP

NetApp (NTAP) Up 65% in the Past Year: Will the Rally Last?

NetApp (NTAP) expects momentum in all-flash products, and hyper-scaler first-party and marketplace services to drive revenues amid soft macroeconomic conditions.

06:06 16 Apr 2024 NTAP

NetApp is Still a Value Play in the Data Management Segment

NetApp Inc. NASDAQ: NTAP is a data management company that enables companies to store, share and manage data on-premises and on the cloud. The Computer and Technology sector company specializes in hybrid cloud data storage, operating in 2 segments, including Public Cloud and Hybrid Cloud.

01:01 16 Apr 2024 NTAP

Are You Looking for a Top Momentum Pick? Why NetApp (NTAP) is a Great Choice

Does NetApp (NTAP) have what it takes to be a top stock pick for momentum investors? Let's find out.

01:01 16 Apr 2024 NTAP

All You Need to Know About NetApp (NTAP) Rating Upgrade to Strong Buy

NetApp (NTAP) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

07:51 16 Apr 2024 NTAP

5 Dividend Stocks With High Growth Prospects

Cardinal Health (CAH), Toll Brothers (TOL), Iron Mountain (IRM), NetApp (NTAP) and Ralph Lauren (RL) have strong dividend growth prospects.

10:56 16 Apr 2024 NTAP

Here's Why NetApp (NTAP) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

NTAP Financial details

Company Rating
Strong Buy
Market Cap
21.01B
Income
940M
Revenue
6.18B
Book val./share
4.83
Cash/share
14.16
Dividend
2
Dividend %
1.9%
Employees
12K
Optionable
Yes
Shortable
Yes
Earnings
30 May 2024
P/E
23.02
Forward P/E
20.55
PEG
33.34
P/S
3.51
P/B
21.77
P/C
7.21
P/FCF
18.71
Quick Ratio
0.98
Current Ratio
1.15
Debt / Equity
2.67
LT Debt / Equity
2.23
-
-
EPS (TTM)
4.49
EPS next Y
4.97
EPS next Q
1.73
EPS this Y
39.76%
EPS next Y
10.62%
EPS next 5Y
15.5%
EPS last 5Y
5%
Revenue last 5Y
0.69%
Revenue Q/Q
2.82%
EPS Q/Q
35.71%
-
-
-
-
SMA20
0.97%
SMA50
18.18%
SMA100
35.06%
Inst Own
76.22%
Inst Trans
0.85%
ROA
10%
ROE
99%
ROC
0.21%
Gross Margin
70%
Oper. Margin
19%
Profit Margin
15%
Payout
44%
Shs Outstand
206.38M
Shs Float
205.71M
-
-
-
-
Target Price
78.45
52W Range
60.92-112.48
52W High
-8.8%
52W Low
+70.23%
RSI
50
Rel Volume
0.57
Avg Volume
1.98M
Volume
1.13M
Perf Week
-2.77%
Perf Month
-1.15%
Perf Quarter
39.4%
Perf Half Y
36.26%
-
-
-
-
Beta
1.268
-
-
Volatility
1.5%, 1.33%
Prev Close
0.32%
Price
102.139
Change
-1.51%

NTAP Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-04-28

Metric History 2019-04-262020-04-242021-04-302022-04-29 2023-04-28
2.02K2.02K2.02K2.02K2.02K
Revenue per share
24.223.5325.8728.3329.32
Net income per share
4.63.563.294.25.87
Operating cash flow per share
5.284.6165.435.1
Free cash flow per share
4.64.075.274.424
Cash per share
21.5513.52118.6414.15
Book value per share
4.291.053.093.765.34
Tangible book value per share
-2.72-6.87-6.55-7.4-8.21
Share holders equity per share
4.291.053.093.765.34
Interest debt per share
7.297.4912.4112.1512.3
Market cap
18.26B9.9B16.58B16.33B13.65B
Enterprise value
16.16B8.69B14.62B14.84B13.72B
P/E ratio
15.6212.0922.7117.4310.71
Price to sales ratio
2.971.832.892.592.15
POCF ratio
13.629.3412.4413.4912.33
PFCF ratio
15.6410.5814.1616.5815.72
P/B Ratio
16.7540.9224.2119.4911.77
PTB ratio
16.7540.9224.2119.4911.77
EV to sales
2.631.612.542.352.16
Enterprise value over EBITDA
12.047.8714.0310.288.86
EV to operating cash flow
12.058.210.9712.2512.39
EV to free cash flow
13.839.2812.4815.0615.81
Earnings yield
0.060.080.040.060.09
Free cash flow yield
0.060.090.070.060.06
Debt to equity
1.646.893.913.152.1
Debt to assets
0.210.220.290.260.25
Net debt to EBITDA
-1.57-1.1-1.88-1.040.05
Current ratio
1.451.181.741.51.35
Interest coverage
21.0517.1813.9315.854.35
Income quality
1.151.291.831.290.87
Dividend Yield
0.020.040.030.030.03
Payout ratio
0.340.540.580.480.34
Sales general and administrative to revenue
0.050.050.040.040.04
Research and developement to revenue
0.130.160.150.140.15
Intangibles to total assets
0.20.240.230.250.3
Capex to operating cash flow
-0.13-0.12-0.12-0.19-0.22
Capex to revenue
-0.03-0.02-0.03-0.04-0.04
Capex to depreciation
-0.88-0.64-0.78-1.16-0.96
Stock based compensation to revenue
0.030.030.030.040.05
Graham number
21.089.1815.1118.8526.56
ROIC
0.390.40.220.260.31
Return on tangible assets
0.170.140.10.120.19
Graham Net
-4.73-14.66-14.62-17.97-21.96
Working capital
1.74B658M2.55B1.99B1.21B
Tangible asset value
-692M-1.58B-1.46B-1.65B-1.78B
Net current asset value
-2.04B-3.01B-2.67B-3.24B-3.98B
Invested capital
1.646.893.913.152.1
Average receivables
1.11B1.09B959M1.09B1.11B
Average payables
575.5M484M423M513.5M499.5M
Average inventory
128.5M138M129.5M159M185.5M
Days sales outstanding
72.2265.6260.0571.0656.63
Days payables outstanding
89.8886.9179.47105.666.46
Days of inventory on hand
21.7229.5821.5735.4928.31
Receivables turnover
5.055.566.085.146.45
Payables turnover
4.064.24.593.465.49
Inventory turnover
16.812.3416.9210.2812.89
ROE
1.073.381.071.121.1
Capex per share
-0.68-0.54-0.73-1.01-1.1

Quarterly Fundamentals Overview

Last date of statement is 2024-01-26 for Q3

Metric History 2023-01-272023-04-282023-07-282023-10-27 2024-01-26
2.02K2.02K2.02K2.02K2.02K
Revenue per share
7.067.426.757.517.8
Net income per share
0.31.150.71.121.52
Operating cash flow per share
1.751.12.140.652.35
Free cash flow per share
1.480.921.970.472.17
Cash per share
14.5414.4118.5415.8914.16
Book value per share
5.15.444.123.74.83
Tangible book value per share
-8.63-8.36-9.68-10.29-9.24
Share holders equity per share
5.15.444.123.74.83
Interest debt per share
11.3511.5411.5611.5712.98
Market cap
14.16B13.4B16.37B14.94B18.14B
Enterprise value
13.95B13.47B15.79B14.71B18.98B
P/E ratio
54.4513.6727.4716.0314.49
Price to sales ratio
9.288.4711.439.5611.3
POCF ratio
37.555736.15110.6437.48
PFCF ratio
44.3868.3439.17153.9840.49
P/B Ratio
12.8511.5618.7619.418.25
PTB ratio
12.8511.5618.7619.418.25
EV to sales
9.148.5211.039.4211.82
Enterprise value over EBITDA
33.4633.4252.6338.339.7
EV to operating cash flow
37.0157.3134.86108.9439.21
EV to free cash flow
43.7468.7237.77151.6242.36
Earnings yield
00.020.010.020.02
Free cash flow yield
0.020.010.030.010.02
Debt to equity
2.212.12.793.112.67
Debt to assets
0.250.250.260.260.28
Net debt to EBITDA
-0.490.18-1.95-0.61.75
Current ratio
1.341.351.281.071.15
Interest coverage
2213.4311.1320.2721.53
Income quality
5.80.963.040.581.55
Dividend Yield
0.010.010.010.010.01
Payout ratio
1.660.430.710.440.33
Sales general and administrative to revenue
0.040.040.050.050.05
Research and developement to revenue
0.150.150.170.170.16
Intangibles to total assets
0.310.30.320.320.31
Capex to operating cash flow
-0.15-0.17-0.08-0.28-0.07
Capex to revenue
-0.04-0.02-0.02-0.02-0.02
Capex to depreciation
-0.89-0.59-0.55-0.59-0.57
Stock based compensation to revenue
0.060.050.060.060.06
Graham number
5.8811.878.079.6612.84
ROIC
0.030.060.040.070.08
Return on tangible assets
0.010.040.020.040.05
Graham Net
-22.05-22.37-18.45-20.89-23.31
Working capital
1.15B1.21B911M260M562M
Tangible asset value
-1.86B-1.78B-2.05B-2.14B-1.9B
Net current asset value
-4.07B-3.98B-4.24B-4.31B-4.05B
Invested capital
2.212.12.793.112.67
Average receivables
865.5M904M820M720M787M
Average payables
508M412M368M377.5M403.5M
Average inventory
209.5M171M149M126.5M126.5M
Days sales outstanding
48.4256.1941.0445.3544.1
Days payables outstanding
74.0669.7271.0181.8478.33
Days of inventory on hand
3029.727.0424.2925.91
Receivables turnover
1.861.62.191.982.04
Payables turnover
1.221.291.271.11.15
Inventory turnover
33.033.333.73.47
ROE
0.060.210.170.30.31
Capex per share
-0.27-0.18-0.17-0.18-0.17

NTAP Frequently Asked Questions

What is NetApp, Inc. stock symbol ?

NetApp, Inc. is a US stock , located in San jose of Ca and trading under the symbol NTAP

Is NetApp, Inc. buy or a sell ?

40 stock analysts have 40 predictions with a medium analyst target price of $85.96. The lowest prediction is $58 and the highest is $120

What is NTAP stock prediction ?

What is NetApp, Inc. stock quote today ?

NetApp, Inc. stock price is $102.139 today.

Is NetApp, Inc. stock public?

Yes, NetApp, Inc. is a publicly traded company.

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