NTAP

NetApp, Inc. [NTAP] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

NTAP Stock Summary

Top NTAP Correlated Resources

NTAP


Top 10 Correlated ETFs

NTAP


Top 10 Correlated Stocks

NTAP


In the News

11:59 08 Jun 2023 NTAP

3 Storage Devices Stocks to Watch for in a Challenging Industry

Despite macroeconomic headwinds and supply chain troubles, momentum in cloud computing, IoT, auto, connected devices, VR and AI will likely favor the prospects of the Zacks Computer - Storage Devices industry players like NTAP, PSTG and TDC.

04:46 08 Jun 2023 NTAP

Markets Rise as Debt Ceiling Advances in Congress

Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.

09:49 08 Jun 2023 NTAP

NetApp (NTAP) Q4 Earnings Top Estimates, Revenues Fall Y/Y

NetApp's (NTAP) fourth-quarter fiscal 2023 performance hurt by weak IT spending environment.

08:31 08 Jun 2023 NTAP

NetApp Is Gearing Up To Breakout After Earnings Top Estimates

NetApp, Inc. NASDAQ: NTAP reported earnings for their fourth quarter ending April 2023 yesterday after the close and topped consensus estimates. While the outlook for the storage systems and data management solutions company was mixed, the slight uptick in the extended session and set up on a higher timeframe leads me to believe that NTAP could be a strong breakout candidate.

08:44 08 Jun 2023 NTAP

NetApp, Inc. (NTAP) Q4 2023 Earnings Call Transcript

NetApp, Inc. (NASDAQ:NTAP ) Q4 2023 Earnings Conference Call May 31, 2023 5:30 PM ET Company Participants Kris Newton - VP, IR George Kurian - CEO Mike Berry - CFO Conference Call Participants Samik Chatterjee - JPMorgan Meta Marshall - Morgan Stanley Steven Fox - Fox Advisors Irvin Liu - Evercore ISI Shannon Cross - Credit Suisse Ananda Baruah - Loop Capital Robert Mertens - Cowen Tim Long - Barclays Nehal Chokshi - Northland Capital Markets Simon Leopold - Raymond James David Vogt - UBS Sidney Ho - Deutsche Bank Louis Miscioscia - Daiwa Capital Markets Operator Good day and welcome to the NetApp Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. All participants will be in a listen-only mode.

08:02 08 Jun 2023 NTAP

NetApp (NTAP) Reports Q4 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for NetApp (NTAP) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

06:31 08 Jun 2023 NTAP

NetApp (NTAP) Q4 Earnings and Revenues Surpass Estimates

NetApp (NTAP) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.42 per share a year ago.

05:43 08 Jun 2023 NTAP

NetApp stock rallies on earnings beat, long-term outlook

NetApp Inc. shares NTAP rallied in the extended session Wednesday after the cloud-data software company topped Wall Street estimates for the quarter and offered a conservative near-term outlook. NetApp shares rose 6% after hours, following a 4% decline in the regular session to close at $66.35.

07:19 08 Jun 2023 NTAP

NetApp (NTAP) to Report Q4 Earnings: Here's What to Expect

Weakness in global macroeconomic conditions and softening IT spending environment might have hurt NetApp's (NTAP) earnings in fourth-quarter fiscal 2023.

11:12 08 Jun 2023 NTAP

Analysts Estimate NetApp (NTAP) to Report a Decline in Earnings: What to Look Out for

NetApp (NTAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NTAP Financial details

Company Rating
Strong Buy
Market Cap
15.18B
Income
1.27B
Revenue
6.36B
Book val./share
5.44
Cash/share
-
Dividend
2
Dividend %
2.82%
Employees
12K
Optionable
Yes
Shortable
Yes
Earnings
23 Aug 2023
P/E
11.87
Forward P/E
-
PEG
2.97
P/S
2.39
P/B
13.04
P/C
-
P/FCF
17.49
Quick Ratio
0.28
Current Ratio
1.35
Debt / Equity
7.47
LT Debt / Equity
2.06
-
-
EPS (TTM)
5.88
EPS next Y
-
EPS next Q
1.25
EPS this Y
-
EPS next Y
-
EPS next 5Y
-22.02%
EPS last 5Y
-
Revenue last 5Y
0.69%
Revenue Q/Q
3.6%
EPS Q/Q
283.33%
-
-
-
-
SMA20
10.94%
SMA50
14.52%
SMA100
9.23%
Inst Own
87.45%
Inst Trans
-0.38%
ROA
13%
ROE
124%
ROC
0.19%
Gross Margin
66%
Oper. Margin
19%
Profit Margin
20%
Payout
34%
Shs Outstand
213.9M
Shs Float
211.97M
-
-
-
-
Target Price
77.12
52W Range
58.08-79.09
52W High
-11.04%
52W Low
+21.17%
RSI
61
Rel Volume
0.37
Avg Volume
2.16M
Volume
810.96K
Perf Week
-0.98%
Perf Month
10.35%
Perf Quarter
18.74%
Perf Half Y
8.69%
-
-
-
-
Beta
1.1798
-
-
Volatility
0.36%, 3.12%
Prev Close
-0.97%
Price
70.281
Change
-0.07%

NTAP Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-04-30

Metric History 2019-04-262020-04-242021-04-302022-04-29 2023-04-30
Revenue per share
24.223.5325.8728.330
Net income per share
4.63.563.294.20
Operating cash flow per share
5.284.6165.430
Free cash flow per share
4.64.075.274.420
Cash per share
21.5513.52118.640
Book value per share
4.291.053.093.760
Tangible book value per share
-2.72-6.87-6.55-7.40
Share holders equity per share
4.291.053.093.760
Interest debt per share
7.297.4912.4112.150
Market cap
18.26B9.9B16.58B16.33B0
Enterprise value
16.16B8.69B14.62B14.84B2.39B
P/E ratio
15.6212.0922.7117.430
Price to sales ratio
2.971.832.892.590
POCF ratio
13.629.3412.4413.490
PFCF ratio
15.6410.5814.1616.580
P/B Ratio
16.7540.9224.2119.490
PTB ratio
16.7540.9224.2119.490
EV to sales
2.631.612.542.350.38
Enterprise value over EBITDA
12.047.8714.0310.281.54
EV to operating cash flow
12.058.210.9712.252.16
EV to free cash flow
13.839.2812.4815.062.75
Earnings yield
0.060.080.040.060
Free cash flow yield
0.060.090.070.060
Debt to equity
7.0230.0812.6610.967.47
Debt to assets
0.880.970.930.920.88
Net debt to EBITDA
-1.57-1.1-1.88-1.041.54
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
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
21.089.1815.1118.850
ROIC
2.810.62-3.10.860.13
Return on tangible assets
0.170.140.10.120.19
Graham Net
-4.73-14.66-14.62-17.970
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
1.646.893.913.152.06
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
-0.68-0.54-0.73-1.010

Quarterly Fundamentals Overview

Last date of statement is 2023-04-30 for Q4

Metric History 2022-04-292022-07-292022-10-282023-01-27 2023-04-30
Revenue per share
7.577.247.667.067.42
Net income per share
1.170.973.460.31.15
Operating cash flow per share
1.851.280.991.751.1
Free cash flow per share
1.550.980.631.480.92
Cash per share
18.7216.3213.9814.540
Book value per share
3.772.995.545.15.44
Tangible book value per share
-7.43-10.65-8.2-8.635.44
Share holders equity per share
3.772.995.545.15.44
Interest debt per share
11.9512.0711.2911.3511.32
Market cap
16.26B15.69B15.06B14.16B13.57B
Enterprise value
14.76B14.89B14.78B13.9B15.95B
P/E ratio
15.718.335.0254.4513.84
Price to sales ratio
9.689.869.069.288.58
POCF ratio
39.5755.8570.3737.5557.73
PFCF ratio
47.4172.65109.9344.3869.21
P/B Ratio
19.4123.8912.5312.8511.7
PTB ratio
19.4123.8912.5312.8511.7
EV to sales
8.799.358.899.1110.09
Enterprise value over EBITDA
40.7841.9539.6233.3439.59
EV to operating cash flow
35.9252.9969.0636.8867.89
EV to free cash flow
43.0468.94107.8743.5981.4
Earnings yield
0.020.010.0500.02
Free cash flow yield
0.020.010.010.020.01
Debt to equity
10.9613.537.147.817.47
Debt to assets
0.920.930.880.890.88
Net debt to EBITDA
-4.14-2.26-0.76-0.65.93
Current ratio
1.51.381.361.341.35
Interest coverage
16.2814.1716.592213.43
Income quality
1.591.310.295.80.96
Dividend Yield
0.010.010.010.010.01
Payout ratio
0.430.510.141.660.43
Sales general and administrative to revenue
0.040.050.040.040.04
Research and developement to revenue
0.140.150.150.150.15
Intangibles to total assets
0.250.310.30.310.3
Capex to operating cash flow
-0.17-0.23-0.36-0.15-0.17
Capex to revenue
-0.04-0.04-0.05-0.04-0.02
Capex to depreciation
-1.33-1.12-1.31-0.89-0.59
Stock based compensation to revenue
0.040.040.050.060.05
Graham number
9.958.0820.755.8811.87
ROIC
0.240.090.180.030.03
Return on tangible assets
0.030.030.110.010.04
Graham Net
-18.05-20.6-21.85-22.05-36.79
Working capital
1.99B1.35B1.21B1.15B1.21B
Tangible asset value
-1.65B-2.34B-1.78B-1.86B-1.78B
Net current asset value
-3.24B-3.97B-3.98B-4.07B-3.98B
Invested capital
3.154.012.022.212.06
Average receivables
1.01B1.05B887.5M865.5M904M
Average payables
519.5M561M549.5M508M412M
Average inventory
185.5M218M238M209.5M171M
Days sales outstanding
65.8948.949.2548.4256.19
Days payables outstanding
92.4484.8991.2574.0669.72
Days of inventory on hand
31.0738.2438.133029.7
Receivables turnover
1.371.841.831.861.6
Payables turnover
0.971.060.991.221.29
Inventory turnover
2.92.352.3633.03
ROE
0.310.330.620.060.21
Capex per share
-0.31-0.3-0.35-0.27-0.18

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 ?

37 stock analysts have 37 predictions with a medium analyst target price of $86.27. The lowest prediction is $58 and the highest is $120

What is NTAP stock prediction ?

With a median analyst target price of $73.33, 3 stock analysts have made 3 forecasts in last 90 days. $71 is the lowest and $75 is the greatest projection.

What is NetApp, Inc. stock quote today ?

NetApp, Inc. stock price is $70.281 today.

Is NetApp, Inc. stock public?

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

Something similar

Top by Market Cap
Top Correlated ETFs
Top Correlated Stocks
Similar Market Cap