|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||59.11 - 60.61|
|52 Week Range||44.55 - 78.35|
|Beta (5Y Monthly)||1.56|
|PE Ratio (TTM)||15.01|
|Earnings Date||Feb 11, 2020|
|Forward Dividend & Yield||1.92 (3.18%)|
|Ex-Dividend Date||Dec 31, 2019|
|1y Target Est||62.94|
NetApp has snagged a former senior executive out of Lenovo to manage its largest business unit – a move the company says will help “lead the change into a new era.”
Does the January share price for NetApp, Inc. (NASDAQ:NTAP) reflect what it's really worth? Today, we will estimate...
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
Today we are going to look at NetApp, Inc. (NASDAQ:NTAP) to see whether it might be an attractive investment prospect...
NetApp (NASDAQ: NTAP), the leader in cloud data services, today announced that Enterprise Networking Solutions, Inc. (ENS-Inc), which develops and deploys scalable solutions to help organizations maximize their IT investments, has been awarded an exclusive three-year contract by the State of California Department of General Services (DGS) to deliver NetApp’s industry-leading data center modernization and hybrid cloud infrastructure solutions to the State of California.
While companies such as HPE, Cisco and NetApp are signaling that macro headwinds are weighing on their hardware sales, major software and public cloud players are singing a very different tune.
NetApp (NTAP), the data authority for hybrid cloud, and Google Cloud (NASDAQ: GOOG, GOOGL) today announced the general availability of NetApp® Cloud Volumes Service, NetApp Cloud Volumes ONTAP® for Google Cloud, and support for Anthos on NetApp HCI to help organizations focus on innovation across any hybrid environments.
Investors in NetApp, Inc. (NASDAQ:NTAP) had a good week, as its shares rose 4.3% to close at US$61.98 following the...
NetApp Inc. (NASDAQ: NTAP ) took a “critical first step” on its path to recovery in the fiscal second quarter, according to Credit Suisse. The Analyst Credit Suisse’s Matthew Cabral maintained an Outperform ...
GW Pharmaceuticals, NetGear, Cisco Systems and NetApp highlighted as Zacks Bull and Bear of the Day
NetApp's (NTAP) fiscal second-quarter results reflect declining product revenues on macroeconomic weakness amid strength in Cloud Data Services and Private Cloud offerings.
While Cisco (CSCO) beat on both top and bottom lines, next quarter guidance was lowered. NetApp (NTAP) beat on the bottom line was missed on the top.
NetApp (NTAP) delivered earnings and revenue surprises of 15.96% and -1.13%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
For the quarter ended October 25, the data storage systems and services company posted revenue of $1.37 billion, down from $1.52 billion in the year-earlier quarter, and a hair below consensus at $1.38 billion. In an interview with Barron’s Wednesday afternoon, CEO George Kurian said the enterprise spending environment remains cautious, but is no better or worse than the prior quarter. Kurian also said the company continues to execute on a plan announced last quarter to grow its sales team by 200 people by the end of the fiscal first quarter of next year—and that the added sales capacity should allow the company to report top-line growth on a full-year basis in fiscal year 2021.
NetApp Inc. reported an increase in earnings from a year ago Wednesday after a big drop in the previous quarter, exceeding expectations and sending shares higher in after-hours trading. NetApp reported fiscal second-quarter earnings of $243 million, or $1.03 a share, on sales of $1.37 billion, down from $1.52 billion a year ago. After adjusting for stock-based compensation and other effects, the company reported earnings of $1.09 a share, up from $1.06 a share in the same quarter last year. Analysts on average expected adjusted earnings of 94 cents a share on sales of $1.38 billion, according to FactSet. NetApp stock closed with a 0.7% decrease at $60.07, then gained slightly in immediate extended trading after the results were released. NetApp shares have declined roughly 24% in the past 12 months, as the S&P 500 index has gained 13.6%.