|Bid||40.19 x 100|
|Ask||43.34 x 10000|
|Day's Range||41.64 - 42.04|
|52 Week Range||30.36 - 45.24|
|PE Ratio (TTM)||20.21|
|Dividend & Yield||0.80 (1.92%)|
|1y Target Est||N/A|
Morgan Stanley hardware analyst Katy Huberty today offered up several observations about the market for storage technology, writing in broad terms that NAND flash chips are further eroding the use of hard-disk drives, and that privately held Dell appears to be winning share of the market for storage from NetApp (NTAP). On the one hand, sales of drives are slowing in the so-called “external” storage market, a sign of the ascendency of flash as an alternative: According to IDC, HDD terabytes shipped for external storage during 2Q17 grew just 0.2% Y/Y, down from 7% in 2Q16 and 27% in 2Q15 […] We believe the majority of capacity shipped by ODM vendors is tied to HDDs, and our conversations with industry analysts suggest 7% is tied to SSDs.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for NetApp, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.