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NetApp Inc is a computer hardware business based in the US. NetApp shares (NTAP) are listed on the NASDAQ and all prices are listed in US Dollars. NetApp employs 11,000 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$90.01|
|52-week range||$39.23 - $93.68|
|50-day moving average||$85.12|
|200-day moving average||$78.43|
|Wall St. target price||$92.27|
|Dividend yield||$1.94 (2.09%)|
|Earnings per share (TTM)||$3.75|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-09-10)||-2.50%|
|1 month (2021-08-20)||11.58%|
|3 months (2021-06-18)||15.16%|
|6 months (2021-03-19)||28.29%|
|1 year (2020-09-18)||111.24%|
|2 years (2019-09-20)||66.38%|
|3 years (2018-09-20)||5.45%|
|5 years (2016-09-20)||157.32%|
Valuing NetApp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NetApp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
NetApp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, NetApp shares trade at around 24x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
NetApp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4803. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NetApp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
NetApp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.2 billion.
The EBITDA is a measure of a NetApp's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$5.9 billion|
|Operating margin TTM||17.99%|
|Gross profit TTM||$3.8 billion|
|Return on assets TTM||7.55%|
|Return on equity TTM||170.32%|
|Market capitalisation||$20.1 billion|
TTM: trailing 12 months
There are currently 8.7 million NetApp shares held short by investors – that's known as NetApp's "short interest". This figure is 15.4% up from 7.5 million last month.
There are a few different ways that this level of interest in shorting NetApp shares can be evaluated.
NetApp's "short interest ratio" (SIR) is the quantity of NetApp shares currently shorted divided by the average quantity of NetApp shares traded daily (recently around 1.4 million). NetApp's SIR currently stands at 6.03. In other words for every 100,000 NetApp shares traded daily on the market, roughly 6030 shares are currently held short.
However NetApp's short interest can also be evaluated against the total number of NetApp shares, or, against the total number of tradable NetApp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NetApp's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 NetApp shares in existence, roughly 40 shares are currently held short) or 0.0389% of the tradable shares (for every 100,000 tradable NetApp shares, roughly 39 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against NetApp.
Find out more about how you can short NetApp stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like NetApp.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 24.49
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and NetApp's overall score of 24.49 (as at 12/31/2018) is pretty good – landing it in it in the 28th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like NetApp is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 8.18/100
NetApp's environmental score of 8.18 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that NetApp is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 17.4/100
NetApp's social score of 17.4 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that NetApp is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 14.42/100
NetApp's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that NetApp is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
|Total ESG score||24.49|
|Total ESG percentile||28.1|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
Dividend payout ratio: 43.85% of net profits
Recently NetApp has paid out, on average, around 43.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.15% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NetApp shareholders could enjoy a 2.15% return on their shares, in the form of dividend payments. In NetApp's case, that would currently equate to about $1.94 per share.
While NetApp's payout ratio might seem fairly standard, it's worth remembering that NetApp may be investing much of the rest of its net profits in future growth.
NetApp's most recent dividend payout was on 26 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 October 2021 (the "ex-dividend date").
NetApp's shares were split on a 2:1 basis on 22 March 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your NetApp shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for NetApp shares which in turn could have impacted NetApp's share price.
Over the last 12 months, NetApp's shares have ranged in value from as little as $39.2319 up to $93.68. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NetApp's is 1.3029. This would suggest that NetApp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
NetApp, Inc. provides software, systems, and cloud services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud storage services, including NetApp Cloud Volumes; cloud control solutions, such as NetApp Cloud Manager and NetApp Virtual Desktop Service; cloud services and analytics comprising NetApp Cloud Insights, NetApp Cloud Sync, NetApp Cloud Compliance, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Cloud Backup, and NetApp Global File Cache; and Cloud Optimization solutions, such as Spot by NetApp, Spot Cloud Analyzer by NetApp, Spot Eco by NetApp, Spot Ocean by NetApp, Spot Wave by NetApp, Spot Elastigroup by NetApp, and NetApp Virtual Desktop Managed Service. It provides data storage solutions comprising NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, NetApp SolidFire, and NetApp HCI; data protection solutions, such as NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Data Availability Services; and data management solutions, including NetApp ONTAP Storage Management System, NetApp ElementOS software, NetApp SANtricity software, NetApp Active IQ Digital Advisor, OnCommand Insight, and OnCommand Workflow Automation. In addition, the company offers application-aware data management service under the NetApp Astra name; and payment solutions and storage-as-a-service under the NetApp Keystone name. Further, it provides assessment, design, consulting, and implementation services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners.
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