|Bid||145.88 x 1100|
|Ask||145.90 x 800|
|Day's Range||145.40 - 146.20|
|52 Week Range||139.13 - 171.13|
|PE Ratio (TTM)||23.70|
|Forward Dividend & Yield||6.28 (4.32%)|
|1y Target Est||N/A|
Many private sector companies are leading the charge to improve public education, enable economic development at home and abroad and improve health outcomes in the developing world. If there's one thing most of us can agree on in this age of cultural and political divisiveness, it's that rhetoric has replaced reality in our daily discourse and has reinforced a tendency toward finger-pointing versus collaboration. Having held leadership roles in the public, private and nonprofit sectors, I recognize the critical importance of cross-sector collaboration and the problem with finger-pointing.
While IBM offers an impressive yield, you can get a better payout from a retail landlord, a natural gas transporter, and a shoe retailer.
NetApp (NTAP) stock has returned 73% in the last 12 months, 0.5% in the last month, and -2.7% in the last five days. NetApp stock rose 36% in 2016 and 60% in 2017. Since the start of 2018, it’s risen almost 26%.
NetApp (NTAP) has a dividend yield of 1.1% and pays a quarterly dividend of $0.20 per share, leading to an annualized payout of $0.80 per share. NetApp’s dividend payout ratio is 27.4%, and the company has increased its dividend for the last four consecutive years.
A lot of large-cap familiar names are still called “blue-chip stock” when they are nothing of the kind. If you can’t rid the term “blue-chip stock” from your lexicon, then it should at least apply to a whole new stream of companies. “Blue-chip stock” used to refer to companies that were constantly growing earnings in the high single-digits or more in terms of percentage, had a fortress balance sheet and were constantly innovating.
In the first three quarters of fiscal 2018, NetApp (NTAP) achieved revenue growth of 6% YoY (year-over-year) compared to a revenue fall of 3% in the first three quarters of fiscal 2017. Its revenue growth positively affected its operating margin, which expanded to 18.5% in the first three quarters of fiscal 2018 from 15.9% in the same period last year.
In the late 1990s, New York City partied to the tune of the internet. Cryptocurrency prices are not responding to the hype. While cryptocurrency advocates toss each other charges of complicity in scams, action has shifted decisively from tokens like bitcoin and ethereum to applications using blockchain technology.
We’ve seen that NetApp (NTAP) expects its Networked Storage vertical to fall at a CAGR (compound annual growth rate) of 4% from $37 billion in fiscal 2017 to $31 billion in fiscal 2021. However, NetApp has managed to increase its market share in this declining market via leadership in the NAS (network-attached storage) space and penetration in the SAN (storage area network) space.
Cisco repurchased shares worth $6.0 billion and paid dividends of $1.6 billion during the quarter. Cisco’s dividend per share rose to $0.33 in the third quarter, indicating an annualized payout of $1.32, a rise of 14% YoY (year-over-year) compared to dividends of $0.29 in the second quarter. Cisco has a dividend yield of 2.9%, and the firm has increased dividend yields for the last seven years.
KeyBanc Capital Markets is increasingly positive on blockchain following a recent investor events and projects the services market will grow to $11 billion by 2022. The consulting firm has partnered with several companies including Anheuser Busch Inbev (NYSE: BUD) and Kuehne + Nagel to transition the entire documentation process to entirely blockchain-driven solutions, the analyst said.
In December of 2017, the company’s POWER9 platforms hit the market with a focus on Artificial Intelligence (AI). At last week’s Red Hat summit, IBM and Red Hat announced a partnership to extend IBM Cloud to Red Hat's OpenShift Container Platform and Certified Containers. My firm’s Principal Analyst, Patrick Moorhead, wrote about the POWER9 CPU at product launch.
Cisco Systems’ (CSCO) application business segment revenue rose 19% YoY (year-over-year) to $1.3 billion in the quarter ended in April. This business accounts for 10.5% of total revenue for Cisco and was Cisco’s fastest-growing business in the third quarter. Cisco Systems’ Applications business includes revenues from its collaboration vertical as well as analytics and IoT (Internet of Things).
Healthcare is embarking on a new frontier as researchers learn to implement AI into hospitals. Yahoo Finance's Seana Smith, Andy Serwer, Julia LaRoche and Dan Howley discuss.