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.
How to buy shares in NetApp
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – NTAP – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- NTAP shares summary
- Compare share dealing platforms
- Is NTAP stock a buy or sell?
- Stock performance over time
- Can I short NTAP shares?
- Is NTAP suitable for ethical investing?
- Are NTAP shares over-valued?
- NetApp's financials
- How volatile are NTAP shares?
- Does NetApp pay a dividend?
- Have NTAP shares ever split?
- Other common questions
NetApp stock price (NASDAQ: NTAP)Use our graph to track the performance of NTAP stocks over time.
NetApp shares at a glance
|Latest market close||$80.74|
|52-week range||$38.86 - $83.68|
|50-day moving average||$80.68|
|200-day moving average||$74.00|
|Wall St. target price||$85.73|
|Dividend yield||$1.92 (2.45%)|
|Earnings per share (TTM)||$3.23|
Buy NetApp shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
*Signup bonus information updated weekly.
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.
Is it a good time to buy NetApp stock?
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.
NetApp price performance over time
|1 week (2021-07-21)||N/A|
|1 month (2021-07-01)||-1.49%|
|3 months (2021-04-30)||8.10%|
|6 months (2021-01-28)||N/A|
|1 year (2020-07-28)||N/A|
|2 years (2019-07-28)||N/A|
|3 years (2018-07-28)||N/A|
|5 years (2016-07-28)||N/A|
Is NetApp under- or over-valued?
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 P/E ratio
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 PEG ratio
NetApp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.6705. 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 $1.1 billion.
The EBITDA is a measure of a NetApp's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$5.7 billion|
|Operating margin TTM||16.33%|
|Gross profit TTM||$3.8 billion|
|Return on assets TTM||6.95%|
|Return on equity TTM||157.5%|
|Market capitalisation||$17.6 billion|
TTM: trailing 12 months
Shorting NetApp shares
There are currently 8.2 million NetApp shares held short by investors – that's known as NetApp's "short interest". This figure is 4.6% down from 8.6 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)
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 1.6 million). NetApp's SIR currently stands at 5.09. In other words for every 100,000 NetApp shares traded daily on the market, roughly 5090 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 0.0368% of the tradable shares (for every 100,000 tradable NetApp shares, roughly 37 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.
NetApp's environmental, social and governance track record
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.
NetApp's total ESG risk score
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.).
NetApp's environmental score
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.
NetApp's social score
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.
NetApp's governance score
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.
Environmental, social, and governance (ESG) summary
|Total ESG score||24.49|
|Total ESG percentile||28.1|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
NetApp share dividends
Dividend payout ratio: 47.9% of net profits
Recently NetApp has paid out, on average, around 47.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.56% 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 2.56% return on their shares, in the form of dividend payments. In NetApp's case, that would currently equate to about $1.92 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 27 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 7 July 2021 (the "ex-dividend date").
Have NetApp's shares ever split?
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.
NetApp share price volatility
Over the last 12 months, NetApp's shares have ranged in value from as little as $38.8634 up to $83.6799. 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 1.2622. 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.
Stocks similar to NetApp
NetApp in the news
NetApp (NASDAQ:NTAP) Is Doing The Right Things To Multiply Its Share Price
NetApp Inc. stock rises Thursday, outperforms market
NetApp Inc. stock outperforms market on strong trading day
Frequently asked questionsWhat percentage of NetApp is owned by insiders or institutions?
Currently 0.349% of NetApp shares are held by insiders and 104.697% by institutions. How many people work for NetApp?
Latest data suggests 11,000 work at NetApp. When does the fiscal year end for NetApp?
NetApp's fiscal year ends in April. Where is NetApp based?
NetApp's address is: 3060 Olsen Drive, San Jose, CA, United States, 95128 What is NetApp's ISIN number?
NetApp's international securities identification number is: US64110D1046 What is NetApp's CUSIP number?
NetApp's Committee on Uniform Securities Identification Procedures number is: 64110D104
More guides on Finder
How to buy Argus Capital Corp (ARGU) stock when it goes public
Everything we know about the Argus Capital Corp IPO, plus information on how to buy in.
How to buy RenovoRx (RNXT) stock when it goes public
Everything we know about the RenovoRx IPO, plus information on how to buy in.
How to buy Draganfly (DPRO) stock when it goes public
Everything we know about the Draganfly IPO, plus information on how to buy in.
How to buy Society Pass Incorporated (SOPA) stock when it goes public
Everything we know about the Society Pass Incorporated IPO, plus information on how to buy in.
How to buy Guardforce AI Co (GFAI) stock when it goes public
Everything we know about the Guardforce AI Co IPO, plus information on how to buy in.
How to buy IsoPlexis Corporation (ISO) stock when it goes public
Everything we know about the IsoPlexis Corporation IPO, plus information on how to buy in.
How to buy Marpai (MRAI) stock when it goes public
Everything we know about the Marpai IPO, plus information on how to buy in.
How to buy DoubleDown Interactive (DDI) stock when it goes public
Everything we know about the DoubleDown Interactive IPO, plus information on how to buy in.
How to buy Omniq Corp (OMQS) stock when it goes public
Everything we know about the Omniq Corp IPO, plus information on how to buy in.
How to buy Mechanical Technology (MKTYP) stock when it goes public
Everything we know about the Mechanical Technology IPO, plus information on how to buy in.
Ask an Expert