|Bid||56.67 x 1000|
|Ask||59.41 x 1000|
|Day's Range||58.76 - 60.17|
|52 Week Range||54.50 - 88.08|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||13.18|
|Earnings Date||Aug 14, 2019|
|Forward Dividend & Yield||1.92 (3.26%)|
|1y Target Est||70.65|
As Wall Street gets ready to see how tech companies fared in the second quarter, the mantra about a ‘better second half’ is likely going to be a refrain in company conference calls
Based on NetApp, Inc.'s (NASDAQ:NTAP) recently announced earnings update on 26 April 2019, it seems that analyst...
NetApp Inc NASDAQ/NGS:NTAPView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for NTAP with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 5. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding NTAP totaled $83.19 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Citi downgraded shares of NetApp to Sell on worries about increased competition from other enterprise storage companies.
NetApp is battling tough competition in the enterprise storage market from Hewlett Packard Enterprise, Pure Storage, Dell and Nutanix.
TOKYO, June 28, 2019 /PRNewswire/ -- NetApp (NTAP), the data authority for hybrid cloud, today announced new solutions and services that allow customers to adopt and consume cloud on their terms. With today's announcement, NetApp is delivering a truly seamless hybrid multicloud experience that includes availability of NetApp® Cloud Data Services on NetApp HCI, the ability to expand with persistent storage across the biggest public clouds, and the ability for customers to manage, use, and pay for cloud services the way they want to. The public cloud has created a new standard for IT that all industry leaders must match to provide the experience that users enjoy in the cloud and now demand on their premises.
The latest earnings update NetApp, Inc. (NASDAQ:NTAP) released in June 2019 suggested that the business benefited from...
Today we will run through one way of estimating the intrinsic value of NetApp, Inc. (NASDAQ:NTAP) by projecting its...
NetApp (NTAP) unveils AFF C190 cloud-capable all-flash storage solution primarily aimed at expanding presence among smaller enterprises looking to manage business across hybrid cloud platforms.
Income investors typically seek ample yield in their dividend stocks, but dividend sustainability matters every bit as much.Just ask GameStop (GME) investors, who saw a 19%-plus dividend yield on May 4 turn into a nonexistent yield after the retailer suspended its payout to save cash in an attempt to salvage its troubled business.A high yield can be a sign of a troubled distribution, but it doesn't have to be. There are hundreds of stable dividend stocks with above-average yields - including a few in the typically growth-minded technology sector. Better still: These are affordable, sustainable payouts that even have room to grow.We've leaned on the DIVCON system from exchange-traded fund provider Reality Shares to identify seven tech stocks with market-beating dividends that also have a high chance of growing in the future. DIVCON's methodology evaluates dividend health factors including profits, free cash flow and even bankruptcy risk, then assigns a score between 1 and 5. Low scores (1-2) are a sign of unstable dividends; high scores (4-5) signal healthy dividends that likely will grow in the years ahead.Here are seven "double threat" dividend stocks in the tech sector. They not only yield well better than the S&P; 500's 1.8% average right now, but they also earn high scores from DIVCON for their dividend health. SEE ALSO: 10 High-Yield Monthly Dividend Payers
NetApp today announced that Lance Berger, director, investor relations, will participate in a fireside chat at the Stifel Cross Sector Insight Conference on Tuesday, June 11, 2019 at 9:45 a.m.
NetApp (NTAP), the data authority for hybrid cloud, today reinforced the company’s commitment to the channel with the announcement of the NetApp® AFF C190 system, a simple, smart and secure all-flash storage solution. It enables NetApp channel partners to aggressively and self-sufficiently expand their market share by helping smaller organizations modernize their IT infrastructure as part of their data fabric strategy. “NetApp is focused on making it simpler for our partners to do business with us,” said Jeff McCullough, vice president of Americas partner sales at NetApp.
NetApp , the data authority for the hybrid cloud, today announced the winners of its North American Partner of the Year Awards at the third annual NetApp Channel Connect Conference .
By John Jannarone It’s not unusual for investors to voice frustration after losing money in a poorly-performing stock. It is out of the ordinary when a board of directors ignores the way those investors vote their shares. Consider the case of ServiceSource International, which last month failed to receive majority support at its annual meeting […]
Is It Time to Go Bottom-Fishing with These Tech Stocks?(Continued from Prior Part)NetApp’s returnsShares of cloud storage company NetApp (NTAP) have fallen close to 17.0% in the last 12 months. Since the start of May, NetApp stock has lost over
Sales and forecasts missed the mark, and a strong dollar wasn’t any help. But did it create a buy-the-dip situation?
Nutanix's (NTNX) third-quarter fiscal 2019 results are likely to benefit from growing customer base, contract wins and transition to a subscription-based model.